Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average—if it closes, per $10,000$4funding while held, a day+$4.57
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,039.2 | 0.0034 | pay 0.0004% / 1h | 46m 52s | $7.8M | $22.7M | 10x |
| Short | Aftermath Perps MUUSD | 1,039.6 | 0.0186 | get 0.0023% / 1h | 46m 52s | $3K | $44K | 10x |
Price 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
- $3.92
- Funding while held
- $4.57
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$10.51
- Spread needed to break even
- 0.190%
Slippage unknown: QFEX: live order book, 4 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0152%
- Per $10,000 a day
- +$4.57
- 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 QFEX live order book, 4 min ago | 1.06 bp | 6.1 bp −$6 | 6.1 bp −$61 | 8.6 bp −$863 | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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 price on every exchange
against the cheapest. Click to use as the short leg.MU 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 | −0.069% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| Extended MU_24_5-USD | −0.031% | +0.0032% | 1h | $527K | $997K | 10x | as long as short |
| StandX MU-USD | −0.029% | 0.0000% | 1h | $188K | $2.5M | 20x | as long as short |
| Nado MU-PERP | −0.028% | +0.0088% | 1h | $333K | $777K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.025% | +0.0100% | 1h | $70K | $268K | 50x | as long as short |
| Arcus MU-USD | −0.011% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| Gate MU_USDT | −0.009% | 0.0000% | 8h | $64.6M | $25.8M | 75x | as long as short |
| KuCoin MUUSDTM | −0.005% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Pacifica MU | −0.003% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| QFEX MU-USDlong | 0.000% | +0.0034% | 1h | $7.8M | $22.7M | 10x |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | 0.000% | +0.0062% | 8h | $20.0M | $39.1M | 50x | as long as short |
| Paradex MU-USD-PERP | 0.000% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| edgeX MUUSDC | +0.002% | +0.0002% | 4h | $1.3M | $671K | 10x | as long as short |
| Aevo MU-PERP | +0.004% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| HTX MU-USDT | +0.006% | 0.0000% | 8h | $126K | $445K | 50x | as long as short |
| SoDEX MU-USD | +0.007% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.012% | +0.0050% | 1h | $177.7M | $95.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.012% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.013% | 0.0000% | 8h | $30.7M | $95.6M | 50x | as long as short |
| Bybit MUUSDT | +0.020% | 0.0000% | 8h | $18.0M | $29.3M | 100x | as long as short |
| Binance MUUSDT | +0.022% | +0.0012% | 8h | $127.1M | $485.1M | 50x | as long as short |
| RISEx MU/USDC | +0.024% | +0.0044% | 1h | $284K | $329K | 20x | as long as short |
| Lighter MU | +0.027% | +0.0032% | 1h | $983K | $4.6M | 20x | as long as short |
| Bullet MU-USD | +0.029% | 0.0000% | 1h | $26K | $401K | 10x | as long as short |
| Lighter RH MU | +0.031% | +0.0032% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.033% | 0.0000% | 1h | $54K | $108K | 10x | as long as short |
| Vest MU-USD-PERP | +0.035% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Aftermath Perps MUUSDshort | +0.039% | +0.0186% | 1h | $3K | $44K | 10x | |
| BloFin MU-USDT | +0.039% | +0.0050% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Phoenix MU | +0.040% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.040% | +0.0100% | 8h | $826 | $799 | 20x | as long as short |
| Aster MUUSD1 | +0.047% | 0.0000% | 8h | $21.4M | $22.1M | 20x | as long as short |
| Variational Omni MU | +0.094% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
| SunX MU-USDT | +0.127% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.191% | +0.0136% | 1h | $780K | $1.7M | 10x | as long as short |
| Injective MU/USDC PERP | +1.110% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |
Extended
StandX
ApeX Omni
Gate
KuCoin
Pacifica
Bitget
Paradex
HTX
SoDEX
tradeXYZ
Polymarket Perps
OKX
Bybit
Binance
RISEx
Lighter
Bullet
Lighter RH
Deribit
BloFin
Phoenix
Aster
Variational Omni
SunX
Coinbase International
Injective