After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.078%7d average+0.022%fees + slippage, in and out−$26spread needed0.257%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,045.8 | 0.0031 | pay 0.0004% / 1h | 6m 50s | $7.9M | $23.1M | 10x |
| Short | Nado MU-PERP | 1,045 | 0.0092 | get 0.0011% / 1h | 6m 50s | $334K | $782K | 10x |
QFEX MU-USD
Nado MU-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
- −$7.83
- Funding while held
- $1.84
- Slippage, 4 orders
- −$8.67
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$31.66
- Spread needed to break even
- 0.257%
Slippage from QFEX: live order book, 4 min ago; Nado: live order book, 28 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0061%
- Per $10,000 a day
- +$1.84
- 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 QFEX live order book, 4 min ago | 0.62 bp | 5.6 bp −$6 | 5.6 bp −$56 | 7.8 bp −$779 | doesn't fit |
| Sell Nado live order book, 28 min ago | 0.05 bp | 6.0 bp −$6 | 18.2 bp −$182 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni1,044.4cheapestAftermath Perps1,044.8+0.033%StandX1,044.8+0.034%edgeX1,044.9+0.043%Extended1,044.9+0.047%Coinbase International1,045+0.051%
ApeX Omni
StandX
Extended
Coinbase InternationalNado1,045+0.051%
KuCoin1,045+0.056%Variational Omni1,045.1+0.067%Ondo Perps1,045.2+0.076%Arcus1,045.3+0.082%Phoenix1,045.3+0.082%Gate1,045.3+0.084%Aevo1,045.3+0.086%HTX1,045.4+0.088%Lighter RH1,045.4+0.094%SoDEX1,045.5+0.097%Deribit1,045.5+0.100%tradeXYZ1,045.5+0.101%OKX1,045.5+0.101%Bitget1,045.5+0.101%Polymarket Perps1,045.5+0.101%Lighter1,045.6+0.114%Binance1,045.6+0.115%BloFin1,045.7+0.116%Bybit1,045.7+0.117%Aster1,045.7+0.119%Orderly1,045.7+0.119%Pacifica1,045.7+0.119%RISEx1,045.8+0.128%
KuCoin
Variational Omni
Ondo Perps
Arcus
Phoenix
Gate
Aevo
HTX
Lighter RH
SoDEX
Deribit
tradeXYZ
OKX
Bitget
Polymarket Perps
Lighter
Binance
BloFin
Bybit
Aster
Orderly
Pacifica
RISExQFEX1,045.8+0.129%
Bullet1,045.8+0.130%Paradex1,045.8+0.135%Vest1,046.2+0.164%SunX1,047.2+0.264%Injective1,050.7+0.600%
Bullet
Paradex
Vest
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MUUSDT | −0.129% | +0.0100% | 1h | $71K | $267K | 50x | as long as short |
| Aftermath Perps MUUSD | −0.097% | +0.0159% | 1h | $3K | $43K | 10x | as long as short |
| StandX MU-USD | −0.096% | 0.0000% | 1h | $189K | $2.8M | 20x | as long as short |
| edgeX MUUSDC | −0.086% | +0.0405% | 4h | $1.3M | $670K | 10x | as long as short |
| Extended MU_24_5-USD | −0.082% | +0.0032% | 1h | $523K | $1.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.078% | +0.0144% | 1h | $783K | $1.7M | 10x | as long as short |
| Nado MU-PERPshort | −0.078% | +0.0092% | 1h | $334K | $782K | 10x | |
| KuCoin MUUSDTM | −0.073% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Variational Omni MU | −0.062% | 0.0000% | 8h | $2.7M | $2.7M | — | as long as short |
| Ondo Perps MU-USD.P | −0.054% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus MU-USD | −0.047% | +0.0040% | 1h | $63K | $236K | 10x | as long as short |
| Phoenix MU | −0.047% | +0.0154% | 1h | $530K | $192K | 15x | as long as short |
| Gate MU_USDT | −0.045% | 0.0000% | 8h | $64.0M | $27.4M | 75x | as long as short |
| Aevo MU-PERP | −0.043% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| HTX MU-USDT | −0.041% | 0.0000% | 8h | $125K | $443K | 50x | as long as short |
| Lighter RH MU | −0.035% | +0.0032% | 1h | $1.1M | $4.3M | 10x | as long as short |
| SoDEX MU-USD | −0.033% | +0.0050% | 1h | $686K | $16K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.030% | +0.0228% | 1h | $55K | $142K | 10x | as long as short |
| tradeXYZ xyz:MU | −0.028% | +0.0068% | 1h | $178.3M | $97.2M | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.028% | 0.0000% | 8h | $31.1M | $99.0M | 50x | as long as short |
| Bitget MUUSDT | −0.028% | +0.0021% | 8h | $20.1M | $40.3M | 50x | as long as short |
| Polymarket Perps MU-USD | −0.028% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Lighter MU | −0.015% | +0.0048% | 1h | $985K | $4.6M | 20x | as long as short |
| Binance MUUSDT | −0.015% | 0.0000% | 8h | $126.1M | $508.4M | 50x | as long as short |
| BloFin MU-USDT | −0.013% | +0.0120% | 8h | $1.5M | $1.8M | 20x | as long as short |
| Bybit MUUSDT | −0.012% | 0.0000% | 8h | $18.0M | $30.0M | 100x | as long as short |
| Aster MUUSD1 | −0.011% | 0.0000% | 8h | $21.4M | $26.9M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.011% | +0.0100% | 8h | $831 | $799 | 20x | as long as short |
| Pacifica MU | −0.010% | +0.0100% | 1h | $147K | $161K | 10x | as long as short |
| RISEx MU/USDC | −0.001% | 0.0000% | 1h | $288K | $330K | 20x | as long as short |
| QFEX MU-USDlong | 0.000% | +0.0031% | 1h | $7.9M | $23.1M | 10x | |
| Bullet MU-USD | +0.001% | 0.0000% | 1h | $26K | $398K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.005% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| Vest MU-USD-PERP | +0.034% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| SunX MU-USDT | +0.135% | 0.0000% | 8h | $11K | $6.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.470% | +0.0033% | 1h | $14K | $302 | 12x | as long as short |