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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0050%/8hnext payment +$0.06 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Ondo Perps+0.040%7-day average +0.079% · 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+0.101%+$10 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.040%, 7d avg +0.079%
Together, before fees+0.085%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.038% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.079%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,045.30.0050pay 0.0006% / 1h4m 45s$1.9M$2.6M10x
ShortPacifica MU1,045.70.0100get 0.0013% / 1h4m 45s$154K$181K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.040% → +0.079%
−$3.82
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$6.41
Costs to cover
0.130%
Break-even
11.3 days
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 27 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 Pacifica live order book, 27 min ago3.92 bp11.4 bp −$11doesn't fitdoesn'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−0.0407%4h1,047.8+0.243%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,045.6+0.029%$21.5M$27.6M20xas long as short
Binance MUUSDT0.0000%8h1,045.3+0.001%$125.5M$525.8M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.1−0.019%$31.0M$102.5M50xas long as short
RISEx MU/USDC0.0000%1h1,046.1+0.078%$288K$334K20xas long as short
Gate MU_USDT0.0000%8h1,045.7+0.040%$63.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,046.4+0.105%$2.7M$2.7Mas long as short
StandX MU-USD0.0000%1h1,045.7+0.038%$189K$3.2M20xas long as short
SunX MU-USDT0.0000%8h1,047.3+0.198%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,045.8+0.050%$125K$441K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp+0.0010%8h1,046.7+0.138%$82K$1.3M10xas long as short
Bybit MUUSDT+0.0015%8h1,045.4+0.017%$19.0M$31.6M100xas long as short
Bitget MUUSDT+0.0024%8h1,045−0.030%$20.2M$41.8M50xas long as short
Lighter RH MU+0.0032%1h1,044.3−0.097%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.521%$14K$30212xas long as short
Arcus MU-USD+0.0041%1h1,046+0.071%$63K$236K10xas long as short
QFEX MU-USD+0.0045%1h1,045.9+0.060%$7.9M$23.7M10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.079%$190K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.8+0.052%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.7+0.046%$686K$16K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,045.3long leg$1.9M$2.6M10x
Paradex MU-USD-PERP+0.0057%8h1,045.9+0.065%$2K5xas long as short
Lighter MU+0.0080%1h1,044.4−0.080%$971K$4.8M20xas long as short
Aevo MU-PERP+0.0080%1h1,045.5+0.024%$33K10xas long as short
Bullet MU-USD+0.0083%1h1,045.9+0.063%$25K$397K10xas long as short
Pacifica MUshort+0.0100%1h1,045.7+0.040%$154K$181K10x
KuCoin MUUSDTM+0.0100%8h1,045.30.000%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,046.3+0.098%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8+0.053%$831$79920xas long as short
tradeXYZ xyz:MU+0.0101%1h1,044.6−0.063%$178.4M$99.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,045.9+0.063%$759K$1.8M10xas long as short
BloFin MU-USDT+0.0120%8h1,046.2+0.086%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0128%1h1,045.2−0.007%$526K$1.0M10xas long as short
Nado MU-PERP+0.0132%1h1,045.7+0.039%$334K$808K10xas long as short
Aftermath Perps MUUSD+0.0170%1h1,046.7+0.133%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0257%1h1,045.8+0.048%$54K$154K10xas long as short
Phoenix MU+0.0305%1h1,046.7+0.138%$535K$219K15xas long as short