Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against Orderly−0.015%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MU_USDC_mythos	1,028.4	0.0100	pay 0.0100% / 8h	7h 20m	$818	$799	20x
Short	Vest MU-USD-PERP	1,028.2	0.0046	get 0.0006% / 1h	20m 44s	—	$179K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee VestbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$11.41
Price spread: −0.015% → 0.000%: −$1.46
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: −$20.87
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Orderly and Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0959%	4h	1,026.4	−0.193%	$1.3M	$695K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,029.3	+0.088%	$21.0M	$69.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,029.4	+0.102%	$121.7M	$548.5M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,029.7	+0.134%	$29.1M	$103.2M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,028	−0.038%	$293K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,029.3	+0.091%	$61.8M	$28.4M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,029.5	+0.115%	$19.8M	$41.1M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,029.6	+0.123%	$2.5M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,028.1	−0.029%	$186K	$3.6M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,030	+0.160%	$11K	$5.3M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	1,029.3	+0.089%	$118K	$494K	50x	as long as short
Bybit MUUSDT	+0.0007%	8h	1,029.5	+0.110%	$18.6M	$32.4M	100x	as long as short
QFEX MU-USD	+0.0027%	1h	1,028.4	+0.006%	$6.9M	$18.9M	10x	as long as short
Aftermath Perps MUUSD	+0.0029%	1h	1,026.4	−0.194%	$3K	$43K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,029.1	+0.073%	$1.1M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,028.8	+0.042%	$539K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+2.237%	$19K	$5K	12x	as long as short
GRVT MU_USDT_Perp	+0.0040%	8h	1,026.9	−0.141%	$81K	$1.4M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,029.2	+0.077%	$89K	$234K	10x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,028.2	−0.015%	—	$179K	25x
Polymarket Perps MU-USD	+0.0050%	1h	1,028.3	−0.006%	$166K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,028.7	+0.032%	$675K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,028.6	+0.024%	$1.9M	$3.1M	10x	as long as short
Paradex MU-USD-PERP	+0.0070%	8h	1,029.4	+0.098%	$2K	—	5x	as long as short
Lighter MU	+0.0080%	1h	1,029.2	+0.081%	$992K	$5.0M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,028.7	+0.033%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,029.4	+0.102%	$719K	$1.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,029	+0.062%	$146K	$194K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,028	−0.033%	$5.1M	$4.7M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,026.4	−0.193%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythoslong	+0.0100%	8h	1,028.4	long leg	$818	$799	20x
Nado MU-PERP	+0.0100%	1h	1,027.7	−0.064%	$264K	$815K	10x	as long as short
tradeXYZ xyz:MU	+0.0101%	1h	1,028.9	+0.053%	$173.9M	$78.9M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,029.4	+0.098%	$1.5M	$2.3M	20x	as long as short
Bullet MU-USD	+0.0143%	1h	1,029.1	+0.072%	$25K	$388K	10x	as long as short
Phoenix MU	+0.0231%	1h	1,028.4	+0.004%	$526K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0256%	1h	1,028.9	+0.048%	$72K	$630K	10x	as long as short