After costs, if the gap returns to its 7d average, $10k−$38
spread now−0.022%7d average+0.018%fees + slippage, in and out−$34spread needed0.336%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,041.1 | 0.0037 | pay 0.0005% / 1h | 40m 40s | $7.9M | $22.6M | 10x |
| Short | Gate MU_USDT | 1,040.9 | 0 | get 0.0000% / 8h | 7h 40m | $65.1M | $24.9M | 75x |
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
- −$2.21
- Funding while held
- −$1.11
- Slippage, 4 orders
- −$8.6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$36.92
- Spread needed to break even
- 0.336%
Slippage from QFEX: live order book, 5 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0037%
- Per $10,000 a day
- −$1.11
- 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, 5 min ago | 1.15 bp | 6.2 bp −$6 | 6.5 bp −$65 | 9.1 bp −$910 | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.06 bp | 9.9 bp −$10 | 15.7 bp −$157 | 36.7 bp −$3,667 | 60.5 bp −$30.2K |
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.089% | +0.0168% | 1h | $780K | $1.7M | 10x | as long as short |
| Extended MU_24_5-USD | −0.073% | +0.0032% | 1h | $521K | $989K | 10x | as long as short |
| Nado MU-PERP | −0.054% | +0.0098% | 1h | $334K | $773K | 10x | as long as short |
| HTX MU-USDT | −0.042% | 0.0000% | 8h | $129K | $437K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.037% | +0.0096% | 1h | $55K | $94K | 10x | as long as short |
| Aevo MU-PERP | −0.037% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Lighter RH MU | −0.036% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.033% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| tradeXYZ xyz:MU | −0.030% | +0.0050% | 1h | $177.8M | $95.2M | 10x | as long as short |
| Lighter MU | −0.028% | +0.0032% | 1h | $1.0M | $4.6M | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MUUSDTM | −0.028% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
| Aftermath Perps MUUSD | −0.022% | +0.0205% | 1h | $3K | $43K | 10x | as long as short |
| Gate MU_USDTshort | −0.022% | 0.0000% | 8h | $65.1M | $24.9M | 75x | |
| Phoenix MU | −0.020% | +0.0232% | 1h | $528K | $192K | 15x | as long as short |
| SoDEX MU-USD | −0.019% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| Arcus MU-USD | −0.016% | +0.0073% | 1h | $57K | $216K | 10x | as long as short |
| Bitget MUUSDT | −0.010% | +0.0094% | 8h | $20.0M | $38.4M | 50x | as long as short |
| Pacifica MU | −0.008% | +0.0100% | 1h | $148K | $110K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.008% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| BloFin MU-USDT | −0.007% | +0.0169% | 8h | $1.5M | $1.6M | 20x | as long as short |
| StandX MU-USD | −0.006% | 0.0000% | 1h | $188K | $2.0M | 20x | as long as short |
| Bybit MUUSDT | −0.005% | 0.0000% | 8h | $18.2M | $28.9M | 100x | as long as short |
| Binance MUUSDT | −0.004% | +0.0049% | 8h | $128.2M | $470.7M | 50x | as long as short |
| Paradex MU-USD-PERP | −0.003% | +0.0055% | 8h | $2K | — | 5x | as long as short |
| Bullet MU-USD | −0.001% | 0.0000% | 1h | $26K | $399K | 10x | as long as short |
| RISEx MU/USDC | 0.000% | +0.0145% | 1h | $284K | $317K | 20x | as long as short |
| QFEX MU-USDlong | 0.000% | +0.0037% | 1h | $7.9M | $22.6M | 10x | |
| OKX MU-USDT-SWAP | +0.007% | 0.0000% | 8h | $30.8M | $93.7M | 50x | as long as short |
| Polymarket Perps MU-USD | +0.009% | +0.0050% | 1h | $165K | $159K | 10x | as long as short |
| Aster MUUSD1 | +0.009% | 0.0000% | 8h | $21.4M | $14.3M | 20x | as long as short |
| Variational Omni MU | +0.010% | +0.0029% | 8h | $2.7M | $2.5M | — | as long as short |
| edgeX MUUSDC | +0.023% | +0.0514% | 4h | $1.3M | $669K | 10x | as long as short |
| ApeX Omni MUUSDT | +0.024% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Vest MU-USD-PERP | +0.040% | +0.0046% | 1h | — | $172K | 25x | as long as short |
| SunX MU-USDT | +0.105% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.922% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |
Gate MU_USDT
Coinbase International
Extended
HTX
Deribit
Lighter RH
tradeXYZ
Lighter
KuCoin
Phoenix
SoDEX
Bitget
Pacifica
BloFin
StandX
Bybit
Binance
Paradex
Bullet
RISEx
OKX
Polymarket Perps
Aster
Variational Omni
ApeX Omni
SunX
Injective