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−0.0050%/8h= −5.5% APRpaid last 24h +0.014%
Price spread now: Binance against Ondo Perps+0.070%7-day average +0.084% · 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+0.077%+$8 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.070%, 7d avg +0.084%
Together, before fees−0.016%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,037.80.0050pay 0.0006% / 1h9m 22s$1.8M$2.7M10x
ShortBinance MUUSDT1,038.60get 0.0000% / 8h9m 22s$122.4M$537.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$10.58
Price spread: +0.070% → +0.084%
−$1.39
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$26.98
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 4 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 Binance live order book, 4 min ago0.05 bp5.2 bp −$56.6 bp −$6614.5 bp −$1,446doesn'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−0.0764%4h1,037.8−0.003%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0149%8h1,038.7+0.081%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.8+0.091%$21.2M$67.2M20xas long as short
Binance MUUSDTshort0.0000%8h1,038.6+0.070%$122.4M$537.1M50x
Bybit MUUSDT0.0000%8h1,038.5+0.066%$18.8M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.5+0.062%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.6+0.071%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038.3+0.045%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.8−0.007%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.9+0.009%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.4+0.052%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,040+0.206%$11K$5.5M10xas long as short
HTX MU-USDT0.0000%8h1,038.5+0.064%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.6+0.074%$25K$388K10xas long as short
Nado MU-PERP+0.0014%1h1,038.1+0.031%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.2+0.035%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.4+0.055%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,038.5+0.067%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.4+0.057%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038.1+0.024%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.304%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.008%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.6+0.077%$175K25xas long as short
Deribit MU_USDC-PERPETUAL+0.0049%1h1,038.3+0.046%$74K$618K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.4+0.055%$176.4M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.2+0.036%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.4+0.059%$681K$15K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,037.8long leg$1.8M$2.7M10x
Paradex MU-USD-PERP+0.0050%8h1,038.4+0.056%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.2+0.035%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.049%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038.1+0.027%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2+0.037%$5.2M$4.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038+0.014%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.5+0.064%$826$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.5+0.067%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9+0.103%$531K$270K15xas long as short