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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Ondo Perps+0.043%7-day average +0.090% · 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 3 days (all we have)+0.035%+$4 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.043%, 7d avg +0.090%
Together, before fees+0.012%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.047% cheaper against Ondo Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,045.10.0050pay 0.0006% / 1h38m 58s$1.9M$2.2M10x
ShortSoDEX MU-USD1,045.60.0050get 0.0006% / 1h38m 58s$686K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$0.08
Price spread: +0.043% → +0.090%
−$4.71
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.79
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SoDEX: live order book, 15 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 SoDEX live order book, 15 min ago0.19 bp11.8 bp −$1243.7 bp −$437doesn'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−0.0477%4h1,047.4+0.215%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,045.8+0.060%$21.2M$56.3M20xas long as short
Binance MUUSDT0.0000%8h1,045.8+0.065%$125.2M$518.6M50xas long as short
Bybit MUUSDT0.0000%8h1,046+0.085%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.9+0.070%$31.1M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,046.1+0.094%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.5+0.036%$62.1M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,046.2+0.097%$20.4M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,047.2+0.199%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,047.1+0.184%$81K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,046.9+0.170%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046.5+0.127%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,045.1−0.004%$130K$432K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,047+0.177%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0027%1h1,045.4+0.024%$73K$468K10xas long as short
QFEX MU-USD+0.0032%1h1,045.8+0.058%$7.1M$17.8M10xas long as short
Lighter MU+0.0032%1h1,045.6+0.043%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.5+0.034%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,045.4+0.025%$550K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.595%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,046.9+0.170%$71K$233K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.6+0.140%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,045.3+0.015%$177.2M$96.4M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.6+0.044%$170K$203K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,045.6+0.043%$686K$16K10x
Ondo Perps MU-USD.Plong+0.0050%1h1,045.1long leg$1.9M$2.2M10x
Paradex MU-USD-PERP+0.0051%8h1,046.2+0.102%$2K5xas long as short
Nado MU-PERP+0.0054%1h1,045.3+0.017%$281K$828K10xas long as short
Bullet MU-USD+0.0065%1h1,045.7+0.054%$25K$395K10xas long as short
Aevo MU-PERP+0.0080%1h1,045.2+0.005%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.7+0.055%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.4+0.027%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,047.5+0.230%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.5+0.036%$831$79920xas long as short
BloFin MU-USDT+0.0119%8h1,046.1+0.087%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.468%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.1+0.283%$536K$271K15xas long as short