Spread before costs (cost unknown: a leg has no order-book sample)+0.044%
7d average—if it closes, per $10,000$4funding while held, a day−$0.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,036.5 | 0.0100 | pay 0.0013% / 1h | 26m 58s | $156K | $95K | 10x |
| Short | Paradex MU-USD-PERP | 1,037 | 0.0072 | get 0.0072% / 8h | 1h 26m | $2K | — | 5x |
Pacifica MU
Paradex MU-USD-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.41
- Funding while held
- −$0.84
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$8.44
- Spread needed to break even
- 0.120%
Slippage unknown: Pacifica: live order book, 27 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0028%
- Per $10,000 a day
- −$0.84
- Average in range /8h
- —
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 Pacifica live order book, 27 min ago | 0.05 bp | 8.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,035.4cheapestDeribit1,036.2+0.079%ApeX Omni1,036.4+0.098%Arcus1,036.4+0.104%Lighter1,036.5+0.107%Aftermath Perps1,036.5+0.110%Aevo1,036.5+0.112%Lighter RH1,036.5+0.115%
Ondo Perps
Deribit
ApeX Omni
Arcus
Lighter
Aevo
Lighter RHPacifica1,036.5+0.115%
SoDEX1,036.5+0.115%tradeXYZ1,036.6+0.121%Polymarket Perps1,036.6+0.121%Nado1,036.6+0.123%Vest1,036.7+0.127%Coinbase International1,036.8+0.137%BloFin1,036.9+0.146%HTX1,037+0.156%Aster1,037+0.158%Orderly1,037+0.158%
SoDEX
tradeXYZ
Polymarket Perps
Nado
Vest
Coinbase International
BloFin
HTX
Aster
OrderlyParadex1,037+0.159%
edgeX1,037.1+0.166%Phoenix1,037.1+0.169%Extended1,037.1+0.171%QFEX1,037.1+0.173%SunX1,037.2+0.177%Bullet1,037.3+0.188%RISEx1,037.4+0.195%Variational Omni1,037.6+0.214%StandX1,037.8+0.239%KuCoin1,038.1+0.261%Gate1,038.2+0.274%Bitget1,038.3+0.284%OKX1,038.6+0.310%Bybit1,038.7+0.324%Binance1,038.9+0.338%Injective1,050.7+1.484%
Phoenix
Extended
QFEX
SunX
Bullet
RISEx
Variational Omni
StandX
KuCoin
Gate
Bitget
OKX
Bybit
Binance
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | −0.115% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.036% | +0.0049% | 1h | $53K | $75K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.017% | +0.0100% | 1h | $70K | $266K | 50x | as long as short |
| Arcus MU-USD | −0.011% | +0.0040% | 1h | $64K | $172K | 10x | as long as short |
| Lighter MU | −0.008% | +0.0072% | 1h | $972K | $4.3M | 20x | as long as short |
| Aftermath Perps MUUSD | −0.005% | +0.0217% | 1h | $3K | $43K | 10x | as long as short |
| Aevo MU-PERP | −0.003% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Lighter RH MU | 0.000% | +0.0032% | 1h | $1.2M | $4.1M | 10x | as long as short |
| Pacifica MUlong | 0.000% | +0.0100% | 1h | $156K | $95K | 10x | |
| SoDEX MU-USD | 0.000% | +0.0050% | 1h | $687K | $9K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MU | +0.006% | +0.0050% | 1h | $174.5M | $89.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.006% | +0.0050% | 1h | $165K | $171K | 10x | as long as short |
| Nado MU-PERP | +0.008% | +0.0171% | 1h | $280K | $660K | 10x | as long as short |
| Vest MU-USD-PERP | +0.012% | +0.0046% | 1h | — | $150K | 25x | as long as short |
| Coinbase International MU-PERP-INTX | +0.022% | +0.0192% | 1h | $821K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.031% | +0.0165% | 8h | $1.5M | $1.3M | 20x | as long as short |
| HTX MU-USDT | +0.041% | 0.0000% | 8h | $129K | $421K | 50x | as long as short |
| Aster MUUSD1 | +0.043% | 0.0000% | 8h | $21.3M | $8.9M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.043% | +0.0100% | 8h | $824 | $799 | 20x | as long as short |
| Paradex MU-USD-PERPshort | +0.044% | +0.0072% | 8h | $2K | — | 5x | |
| edgeX MUUSDC | +0.051% | +0.0711% | 4h | $1.3M | $667K | 10x | as long as short |
| Phoenix MU | +0.054% | +0.0229% | 1h | $525K | $187K | 15x | as long as short |
| Extended MU_24_5-USD | +0.056% | +0.0032% | 1h | $512K | $919K | 10x | as long as short |
| QFEX MU-USD | +0.058% | +0.0036% | 1h | $7.8M | $22.0M | 10x | as long as short |
| SunX MU-USDT | +0.062% | 0.0000% | 8h | $11K | $5.4M | 10x | as long as short |
| Bullet MU-USD | +0.073% | +0.0196% | 1h | $25K | $398K | 10x | as long as short |
| RISEx MU/USDC | +0.080% | +0.0077% | 1h | $282K | $297K | 20x | as long as short |
| Variational Omni MU | +0.099% | +0.0021% | 8h | $2.7M | $2.6M | — | as long as short |
| StandX MU-USD | +0.123% | 0.0000% | 1h | $189K | $973K | 20x | as long as short |
| KuCoin MUUSDTM | +0.146% | +0.0100% | 8h | $5.2M | $3.4M | 20x | as long as short |
| Gate MU_USDT | +0.159% | 0.0000% | 8h | $66.2M | $22.9M | 75x | as long as short |
| Bitget MUUSDT | +0.169% | +0.0103% | 8h | $20.3M | $33.6M | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.195% | 0.0000% | 8h | $30.8M | $82.9M | 50x | as long as short |
| Bybit MUUSDT | +0.208% | 0.0000% | 8h | $18.6M | $27.1M | 100x | as long as short |
| Binance MUUSDT | +0.223% | +0.0045% | 8h | $131.0M | $399.8M | 50x | as long as short |
| Injective MU/USDC PERP | +1.367% | −0.0220% | 1h | $14K | $225K | 12x | as long as short |