Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0173%/8h= −18.9% APRnext payment $1.73 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against OKX+0.016%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.256% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.016%, 7d avg +0.012%
Together, before fees+0.056%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,038.80get 0.0000% / 8h1h 16m$29.8M$100.2M50x
ShortBitget MUUSDT1,039−0.0173pay 0.0173% / 8h1h 16m$20.2M$40.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$36.33
Price spread: +0.016% → +0.012%
$0.39
Slippage, 4 orders
−$3.57
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$61.51
Costs to cover
0.256%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.05 bp5.9 bp −$68.3 bp −$8321.4 bp −$2,137doesn't fit
Sell Bitget live order book, 2 min ago0.34 bp6.9 bp −$79.0 bp −$90doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0529%4h1,038.7−0.012%$1.3M$673K10xas long as short
Bitget MUUSDTshort−0.0173%8h1,039+0.016%$20.2M$40.4M50x
Nado MU-PERP−0.0009%1h1,039.3+0.043%$279K$814K10xas long as short
Aster MUUSD10.0000%8h1,039.3+0.049%$21.1M$60.8M20xas long as short
Binance MUUSDT0.0000%8h1,038.9+0.011%$122.0M$538.7M50xas long as short
Bybit MUUSDT0.0000%8h1,038.9+0.008%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,038.8long leg$29.8M$100.2M50x
RISEx MU/USDC0.0000%1h1,039.4+0.052%$314K$387K20xas long as short
Gate MU_USDT0.0000%8h1,038.9+0.003%$61.6M$28.7M75xas long as short
Variational Omni MU0.0000%8h1,039.2+0.038%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp0.0000%8h1,038.8−0.003%$84K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,038.8−0.003%$188K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,039.1+0.030%$25K$390K10xas long as short
SunX MU-USDT0.0000%8h1,040.5+0.158%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.9+0.005%$74K$571K10xas long as short
HTX MU-USDT0.0000%8h1,038.7−0.013%$128K$441K50xas long as short
Aftermath Perps MUUSD+0.0012%1h1,038.5−0.031%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,038.9+0.011%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,039.1+0.024%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038.5−0.028%$537K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,039.1+0.030%$7.0M$18.7M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.206%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.4−0.040%$90K$250K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,039.5+0.066%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.6−0.022%$176.4M$86.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.9+0.007%$169K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.9+0.007%$682K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.9+0.009%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,039.4+0.055%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.6−0.018%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.1+0.026%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.8−0.008%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.3+0.044%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039.1+0.024%$826$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.270%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,039.1+0.026%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.055%$532K$270K15xas long as short