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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: Orderly against Ondo Perps+0.177%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.177% dearer against Ondo Perps than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,032.50.0050pay 0.0006% / 1h15m 41s$1.9M$3.2M10x
ShortOrderly PERP_MU_USDC_mythos1,034.30.0100get 0.0100% / 8h6h 15m$822$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.42
Price spread: +0.177% → 0.000%
$17.72
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$17.14
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample
Sell Orderly no order-book sample
Ondo Perps and 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−0.0255%4h1,033+0.055%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,034.7+0.217%$21.1M$72.4M20xas long as short
Binance MUUSDT0.0000%8h1,034.6+0.211%$120.8M$549.9M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,034.6+0.210%$29.4M$106.4M50xas long as short
Gate MU_USDT0.0000%8h1,034.5+0.195%$61.6M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,034.6+0.204%$19.8M$42.8M50xas long as short
Variational Omni MU0.0000%8h1,034.5+0.202%$2.6M$2.6Mas long as short
StandX MU-USD0.0000%1h1,033.5+0.098%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,036.3+0.376%$11K$5.1M10xas long as short
HTX MU-USDT0.0000%8h1,034.9+0.240%$119K$475K50xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit MU_USDC-PERPETUAL+0.0021%1h1,034.4+0.186%$43K$700K10xas long as short
Lighter RH MU+0.0032%1h1,034.5+0.193%$1.1M$4.5M10xas long as short
Aftermath Perps MUUSD+0.0032%1h1,033.5+0.096%$3K$42K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.831%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,035+0.249%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,034.8+0.227%$167K$178K10xas long as short
SoDEX MU-USD+0.0050%1h1,034.5+0.199%$679K$13K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,032.5long leg$1.9M$3.2M10x
Bybit MUUSDT+0.0051%8h1,034.5+0.200%$18.8M$32.4M100xas long as short
QFEX MU-USD+0.0059%1h1,034.5+0.200%$7.0M$19.0M10xas long as short
Paradex MU-USD-PERP+0.0067%8h1,034.2+0.165%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,034.5+0.198%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,034+0.148%$146K$223K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,034+0.150%$5.2M$5.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.6+0.106%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,034.3+0.177%$822$79920x
RISEx MU/USDC+0.0107%1h1,034.5+0.193%$295K$350K20xas long as short
GRVT MU_USDT_Perp+0.0115%8h1,033.5+0.101%$76K$1.4M10xas long as short
BloFin MU-USDT+0.0120%8h1,033.7+0.119%$1.4M$2.5M20xas long as short
Nado MU-PERP+0.0122%1h1,034.5+0.194%$270K$840K10xas long as short
Lighter MU+0.0136%1h1,034.6+0.206%$1.0M$5.0M20xas long as short
Arcus MU-USD+0.0139%1h1,034.5+0.199%$90K$148K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,033.5+0.101%$732K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0178%1h1,034.2+0.169%$175.4M$75.8M10xas long as short
Bullet MU-USD+0.0213%1h1,035.1+0.256%$25K$386K10xas long as short
Extended MU_24_5-USD+0.0264%1h1,033.7+0.123%$549K$1.1M10xas long as short
Phoenix MU+0.0310%1h1,033.4+0.091%$529K$269K15xas long as short