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−0.0043%/8h= −4.7% APRnext payment $0.43 per $10,000 · paid last 24h −0.009%
Price spread now: SunX against OKX+0.131%7-day average +0.149% · you sell dearer than you buy
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 7 days−0.123%−$12 on $10k
Price spread, last 3 days (all we have)−0.029%−$3 · spread now +0.131%, 7d avg +0.149%
Together, before fees−0.151%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.149%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,050.80.0043pay 0.0043% / 8h5h 51m$31.0M$100.2M50x
ShortSunX MU-USDT1,052.20get 0.0000% / 8h5h 51m$11K$5.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$8.96
Price spread: +0.131% → +0.149%
−$1.76
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.72
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; SunX: live order book, 8 min ago. 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, 3 min ago0.05 bp5.1 bp −$56.9 bp −$6922.6 bp −$2,256doesn't fit
Sell SunX live order book, 8 min ago500.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MU on 36 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−0.0504%4h1,050.4−0.036%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,050.7−0.005%$333K$349K20xas long as short
Gate MU_USDT0.0000%8h1,050.6−0.019%$62.1M$27.4M75xas long as short
StandX MU-USD0.0000%1h1,050.1−0.070%$190K$3.4M20xas long as short
SunX MU-USDTshort0.0000%8h1,052.2+0.131%$11K$5.9M10x
HTX MU-USDT0.0000%8h1,050.4−0.042%$129K$427K50xas long as short
Aftermath Perps MUUSD+0.0019%1h1,050.3−0.045%$3K$45K10xas long as short
GRVT MU_USDT_Perp+0.0021%8h1,050.7−0.010%$79K$1.3M10xas long as short
Bybit MUUSDT+0.0021%8h1,050.7−0.006%$19.2M$32.4M100xas long as short
QFEX MU-USD+0.0030%1h1,050.5−0.033%$7.3M$18.5M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,050.5−0.033%$1.2M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.8−0.096%$564K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.053%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,050.3−0.049%$71K$235K10xas long as short
OKX MU-USDT-SWAPlong+0.0043%8h1,050.8long leg$31.0M$100.2M50x
Vest MU-USD-PERP+0.0046%1h1,051.2+0.035%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.3−0.048%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.5−0.028%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050−0.077%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0060%8h1,050.6−0.019%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.082%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.6−0.020%$149K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.4−0.038%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.80.000%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.6−0.020%$835$79920xas long as short
Lighter MU+0.0112%1h1,050.5−0.026%$1.1M$4.8M20xas long as short
Aster MUUSD1+0.0112%8h1,050.4−0.039%$21.5M$52.1M20xas long as short
Nado MU-PERP+0.0115%1h1,049.9−0.088%$280K$850K10xas long as short
Aevo MU-PERP+0.0120%1h1,050.2−0.056%$32K$1K10xas long as short
tradeXYZ xyz:MU+0.0140%1h1,050.4−0.038%$178.3M$99.2M10xas long as short
Variational Omni MU+0.0144%8h1,050.4−0.034%$2.7M$2.3Mas long as short
Bullet MU-USD+0.0164%1h1,050.6−0.021%$26K$397K10xas long as short
Binance MUUSDT+0.0166%8h1,050.7−0.012%$126.6M$520.1M50xas long as short
Bitget MUUSDT+0.0170%8h1,050.5−0.028%$20.6M$41.2M50xas long as short
Phoenix MU+0.0229%1h1,050.7−0.010%$537K$271K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0255%1h1,050.4−0.041%$66K$354K10xas long as short