data as of
Settings8H · net · $10k
Price arb /

MU

RWAall MU markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$29
spread now−0.033%7d average−0.044%fees + slippage, in and out−$30spread needed0.301%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix MU1,041.50.0154pay 0.0019% / 1h48m 55s$528K$192K15x
ShortExtended MU_24_5-USD1,041.20.0032get 0.0004% / 1h48m 55s$523K$1.0M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$3.25
Funding while held
−$3.66
Slippage, 4 orders
−$18.13
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$37.04
Spread needed to break even
0.301%
Slippage from Phoenix: live order book, 50 min ago; Extended: live order book, 1 min ago.

Cost of waiting

funding view
Funding /8h
−0.0122%
Per $10,000 a day
$3.66
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 50 min ago2.88 bp11.3 bp −$1124.2 bp −$242doesn't fitdoesn't fit
Sell Extended live order book, 1 min ago0.91 bp3.7 bp −$49.7 bp −$97doesn't fitdoesn't fit

MU price on every exchange

against the cheapest. Click to use as the short leg.

MU on 36 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Ondo Perps MU-USD.P−0.108%+0.0050%1h$1.9M$2.5M10xas long as short
Variational Omni MU−0.068%0.0000%8h$2.7M$2.7Mas long as short
edgeX MUUSDC−0.066%+0.0025%4h$1.3M$671K10xas long as short
Aftermath Perps MUUSD−0.062%+0.0153%1h$3K$44K10xas long as short
Nado MU-PERP−0.049%+0.0050%1h$334K$781K10xas long as short
StandX MU-USD−0.040%0.0000%1h$188K$2.7M20xas long as short
Arcus MU-USD−0.034%+0.0040%1h$63K$235K10xas long as short
HTX MU-USDT−0.033%0.0000%8h$126K$443K50xas long as short
Extended MU_24_5-USDshort−0.033%+0.0032%1h$523K$1.0M10x
Aevo MU-PERP−0.024%+0.0080%1h$33K10xas long as short
Show all 36 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
ApeX Omni MUUSDT−0.023%+0.0100%1h$71K$267K50xas long as short
Paradex MU-USD-PERP−0.020%+0.0051%8h$2K5xas long as short
Coinbase International MU-PERP-INTX−0.019%+0.0144%1h$780K$1.7M10xas long as short
QFEX MU-USD−0.016%+0.0031%1h$7.8M$22.9M10xas long as short
KuCoin MUUSDTM−0.015%+0.0100%8h$5.2M$3.8M20xas long as short
Deribit MU_USDC-PERPETUAL−0.015%0.0000%1h$54K$128K10xas long as short
Gate MU_USDT−0.012%0.0000%8h$64.4M$26.7M75xas long as short
Pacifica MU−0.011%+0.0100%1h$147K$158K10xas long as short
Polymarket Perps MU-USD−0.010%+0.0050%1h$164K$158K10xas long as short
Bitget MUUSDT−0.008%+0.0025%8h$20.1M$40.0M50xas long as short
Lighter RH MU−0.005%+0.0032%1h$1.0M$4.2M10xas long as short
SoDEX MU-USD−0.005%+0.0050%1h$684K$16K10xas long as short
tradeXYZ xyz:MU0.000%+0.0050%1h$177.9M$95.9M10xas long as short
Phoenix MUlong0.000%+0.0154%1h$528K$192K15x
Bullet MU-USD0.000%0.0000%1h$24K$400K10xas long as short
RISEx MU/USDC0.000%0.0000%1h$284K$330K20xas long as short
BloFin MU-USDT+0.005%+0.0120%8h$1.5M$1.8M20xas long as short
OKX MU-USDT-SWAP+0.007%0.0000%8h$31.0M$97.4M50xas long as short
Orderly PERP_MU_USDC_mythos+0.012%+0.0100%8h$828$79920xas long as short
Lighter MU+0.012%+0.0032%1h$982K$4.6M20xas long as short
Binance MUUSDT+0.019%0.0000%8h$126.5M$497.5M50xas long as short
Bybit MUUSDT+0.021%0.0000%8h$18.0M$29.7M100xas long as short
Aster MUUSD1+0.024%0.0000%8h$21.4M$25.0M20xas long as short
Vest MU-USD-PERP+0.049%+0.0046%1h$175K25xas long as short
SunX MU-USDT+0.141%0.0000%8h$11K$6.7M10xas long as short
Injective MU/USDC PERP+0.884%+0.0033%1h$14K$30212xas long as short