After costs, if the gap returns to its 7d average, $10k−$40
spread now−0.047%7d average−0.042%fees + slippage, in and out−$39spread needed0.392%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,047.5 | 0.0134 | pay 0.0017% / 1h | 26m 58s | $282K | $733K | 10x |
| Short | Arcus MU-USD | 1,047 | 0.0040 | get 0.0005% / 1h | 26m 58s | $73K | $191K | 10x |
Nado MU-PERP
Arcus MU-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.69
- Funding while held
- −$2.82
- Slippage, 4 orders
- −$27.7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$46.72
- Spread needed to break even
- 0.392%
Slippage from Nado: live order book, 23 min ago; Arcus: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0094%
- Per $10,000 a day
- −$2.82
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 23 min ago | 0.67 bp | 11.9 bp −$12 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 23 min ago | 4.42 bp | 7.6 bp −$8 | 9.2 bp −$92 | 56.4 bp −$5,643 | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Phoenix1,043.4cheapestVariational Omni1,043.7+0.031%Aftermath Perps1,043.9+0.045%Coinbase International1,044.6+0.117%tradeXYZ1,044.7+0.125%Bitget1,044.7+0.128%Binance1,044.8+0.136%Extended1,044.9+0.140%KuCoin1,044.9+0.143%edgeX1,045.1+0.159%StandX1,045.1+0.162%OKX1,045.3+0.182%Gate1,045.3+0.183%SoDEX1,045.5+0.196%Lighter RH1,045.5+0.200%Lighter1,045.5+0.202%ApeX Omni1,045.5+0.202%Bybit1,045.5+0.204%Aster1,045.9+0.239%Deribit1,046+0.245%HTX1,046+0.246%BloFin1,046.1+0.263%Ondo Perps1,046.4+0.288%SunX1,046.5+0.298%Orderly1,046.6+0.304%Aevo1,046.9+0.336%
Phoenix
Variational Omni
Coinbase International
tradeXYZ
Bitget
Binance
Extended
KuCoin
StandX
OKX
Gate
SoDEX
Lighter RH
Lighter
ApeX Omni
Bybit
Aster
Deribit
HTX
BloFin
Ondo Perps
SunX
Orderly
AevoArcus1,047+0.344%
Pacifica1,047.1+0.359%
PacificaNado1,047.5+0.391%
QFEX1,047.5+0.394%Polymarket Perps1,047.6+0.403%Bullet1,047.8+0.418%Paradex1,047.8+0.425%RISEx1,047.9+0.431%Vest1,048.2+0.460%Injective1,050.7+0.701%
QFEX
Polymarket Perps
Bullet
Paradex
RISEx
Vest
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MU | −0.390% | +0.0154% | 1h | $529K | $190K | 15x | as long as short |
| Variational Omni MU | −0.359% | +0.0033% | 8h | $2.7M | $2.7M | — | as long as short |
| Aftermath Perps MUUSD | −0.345% | +0.0214% | 1h | $3K | $43K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.273% | +0.0184% | 1h | $802K | $1.7M | 10x | as long as short |
| tradeXYZ xyz:MU | −0.266% | +0.0050% | 1h | $177.9M | $93.9M | 10x | as long as short |
| Bitget MUUSDT | −0.262% | +0.0106% | 8h | $20.3M | $37.2M | 50x | as long as short |
| Binance MUUSDT | −0.254% | +0.0050% | 8h | $130.0M | $446.0M | 50x | as long as short |
| Extended MU_24_5-USD | −0.250% | +0.0032% | 1h | $525K | $991K | 10x | as long as short |
| KuCoin MUUSDTM | −0.247% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| edgeX MUUSDC | −0.231% | +0.0636% | 4h | $1.3M | $671K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| StandX MU-USD | −0.228% | 0.0000% | 1h | $189K | $1.8M | 20x | as long as short |
| OKX MU-USDT-SWAP | −0.208% | 0.0000% | 8h | $30.9M | $91.2M | 50x | as long as short |
| Gate MU_USDT | −0.207% | 0.0000% | 8h | $66.4M | $24.4M | 75x | as long as short |
| SoDEX MU-USD | −0.194% | +0.0050% | 1h | $690K | $12K | 10x | as long as short |
| Lighter RH MU | −0.190% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Lighter MU | −0.188% | +0.0032% | 1h | $994K | $4.5M | 20x | as long as short |
| ApeX Omni MUUSDT | −0.188% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Bybit MUUSDT | −0.186% | 0.0000% | 8h | $18.4M | $28.7M | 100x | as long as short |
| Aster MUUSD1 | −0.152% | 0.0000% | 8h | $21.5M | $9.7M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.145% | 0.0000% | 1h | $55K | $86K | 10x | as long as short |
| HTX MU-USDT | −0.144% | 0.0000% | 8h | $130K | $439K | 50x | as long as short |
| BloFin MU-USDT | −0.128% | +0.0170% | 8h | $1.5M | $1.5M | 20x | as long as short |
| Ondo Perps MU-USD.P | −0.103% | +0.0050% | 1h | $2.0M | $2.5M | 10x | as long as short |
| SunX MU-USDT | −0.093% | 0.0000% | 8h | $11K | $6.3M | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.087% | +0.0100% | 8h | $832 | $799 | 20x | as long as short |
| Aevo MU-PERP | −0.055% | +0.0096% | 1h | $34K | — | 10x | as long as short |
| Arcus MU-USDshort | −0.047% | +0.0040% | 1h | $73K | $191K | 10x | |
| Pacifica MU | −0.032% | +0.0100% | 1h | $157K | $100K | 10x | as long as short |
| Nado MU-PERPlong | 0.000% | +0.0134% | 1h | $282K | $733K | 10x | |
| QFEX MU-USD | +0.003% | +0.0045% | 1h | $7.9M | $22.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.011% | +0.0050% | 1h | $167K | $159K | 10x | as long as short |
| Bullet MU-USD | +0.027% | +0.0051% | 1h | $25K | $398K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.033% | +0.0060% | 8h | $2K | — | 5x | as long as short |
| RISEx MU/USDC | +0.039% | +0.0173% | 1h | $284K | $326K | 20x | as long as short |
| Vest MU-USD-PERP | +0.069% | +0.0046% | 1h | — | $161K | 25x | as long as short |
| Injective MU/USDC PERP | +0.308% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |