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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.022%
Price spread now: Orderly against OKX−0.039%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.039% cheaper against OKX than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,038.60get 0.0000% / 8h5h 26m$29.7M$106.9M50x
ShortOrderly PERP_MU_USDC_mythos1,038.20.0100get 0.0100% / 8h5h 26m$825$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: −0.039% → 0.000%
−$3.95
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$1.05
Costs to cover
0.160%
Break-even
6.6 days
Slippage unknown: OKX: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.

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, 5 min ago0.05 bp5.2 bp −$56.8 bp −$6820.9 bp −$2,089doesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MU on 37 exchanges

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−0.0362%4h1,038.6−0.006%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,038.9+0.031%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,039+0.036%$121.9M$555.6M50xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,038.6long leg$29.7M$106.9M50x
Gate MU_USDT0.0000%8h1,038.5−0.008%$61.3M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,038.7+0.011%$19.8M$43.7M50xas long as short
Variational Omni MU0.0000%8h1,038.4−0.016%$2.6M$2.5Mas long as short
StandX MU-USD0.0000%1h1,038−0.064%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,040.3+0.164%$11K$5.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.8−0.081%$33K$733K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,038.3−0.029%$119K$473K50xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.014%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.228%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0036%1h1,038.3−0.026%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,039.5+0.090%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.4−0.020%$169K$167K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.013%$683K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.9−0.067%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,038.7+0.004%$7.0M$19.4M10xas long as short
Paradex MU-USD-PERP+0.0075%8h1,038.5−0.010%$2K5xas long as short
Bybit MUUSDT+0.0077%8h1,038.8+0.014%$18.9M$32.4M100xas long as short
Aevo MU-PERP+0.0080%1h1,038.1−0.046%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.2−0.040%$151K$228K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.3−0.033%$5.2M$6.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.7−0.085%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,038.2−0.039%$825$79920x
GRVT MU_USDT_Perp+0.0116%8h1,038.7+0.005%$84K$1.4M10xas long as short
RISEx MU/USDC+0.0118%1h1,038.7+0.007%$299K$339K20xas long as short
BloFin MU-USDT+0.0120%8h1,038.7+0.009%$1.5M$2.6M20xas long as short
Nado MU-PERP+0.0131%1h1,038−0.058%$276K$839K10xas long as short
Arcus MU-USD+0.0139%1h1,038−0.061%$90K$140K10xas long as short
Lighter MU+0.0160%1h1,038.5−0.008%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,037.9−0.070%$727K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0221%1h1,038.3−0.030%$177.2M$75.5M10xas long as short
Bullet MU-USD+0.0222%1h1,038.8+0.018%$25K$383K10xas long as short
Extended MU_24_5-USD+0.0240%1h1,037.9−0.072%$546K$1.1M10xas long as short
Phoenix MU+0.0308%1h1,038.6−0.001%$532K$159K15xas long as short