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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0124%/8h= +13.5% APRpaid last 24h −0.026%
Price spread now: Aster against Ondo Perps+0.137%7-day average +0.087% · 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−0.056%−$6 on $10k
Price spread, last 7 days+0.115%+$11 · spread now +0.137%, 7d avg +0.087%
Together, before fees+0.058%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.050% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.087%. Mind the row above: over the last 7 days funding on this pair cost −0.056%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,044.90.0050pay 0.0006% / 1h37m 56s$2.0M$2.7M10x
ShortAster MUUSD11,046.30.0174get 0.0174% / 8h37m 56s$21.6M$47.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
$25.96
Price spread: +0.137% → +0.087%
$4.98
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
$17.93
Costs to cover
0.130%
Break-even
2.2 days
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 1 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 Ondo Perps no order-book sample
Sell Aster live order book, 1 min ago0.53 bp4.5 bp −$58.1 bp −$81doesn't fitdoesn't fit
Ondo Perps: 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 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−0.0600%4h1,046+0.108%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.6+0.066%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.5+0.057%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.7+0.263%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.5+0.061%$124K$444K50xas long as short
Lighter RH MU+0.0032%1h1,045.6+0.066%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.556%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0034%1h1,045.7+0.072%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.111%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.5+0.057%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.7+0.072%$686K$16K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,044.9long leg$2.0M$2.7M10x
QFEX MU-USD+0.0080%1h1,045.8+0.084%$7.9M$23.9M10xas long as short
OKX MU-USDT-SWAP+0.0081%8h1,045.9+0.093%$30.8M$105.2M50xas long as short
Pacifica MU+0.0100%1h1,045.9+0.097%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6+0.066%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6+0.067%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.6+0.068%$831$79920xas long as short
Deribit MU_USDC-PERPETUAL+0.0104%1h1,045.7+0.075%$62K$263K10xas long as short
Bitget MUUSDT+0.0135%8h1,045.8+0.083%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.6+0.067%$33K10xas long as short
Paradex MU-USD-PERP+0.0143%8h1,045.7+0.077%$2K5xas long as short
Lighter MU+0.0144%1h1,045.5+0.057%$997K$4.8M20xas long as short
Aster MUUSD1short+0.0174%8h1,046.3+0.137%$21.6M$47.3M20x
Bullet MU-USD+0.0196%1h1,045.7+0.080%$24K$394K10xas long as short
Variational Omni MU+0.0202%8h1,046.1+0.112%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0213%8h1,045.8+0.087%$124.7M$533.0M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5+0.055%$757K$1.4M10xas long as short
Nado MU-PERP+0.0226%1h1,045.4+0.044%$270K$877K10xas long as short
GRVT MU_USDT_Perp+0.0255%8h1,046.3+0.137%$82K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0269%1h1,045.7+0.077%$176.7M$105.0M10xas long as short
Bybit MUUSDT+0.0284%8h1,046+0.107%$19.2M$32.6M100xas long as short
BloFin MU-USDT+0.0333%8h1,046.1+0.119%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,046.4+0.144%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.6+0.065%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.2+0.120%$316K$339K20xas long as short
Extended MU_24_5-USD+0.0648%1h1,045.2+0.028%$542K$1.1M10xas long as short