After costs, if the gap returns to its 7d average, $10k−$31
spread now−0.006%7d average−0.002%fees + slippage, in and out−$31spread needed0.309%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,041.6 | 0.0145 | pay 0.0018% / 1h | 11m 25s | $284K | $317K | 20x |
| Short | Phoenix MU | 1,041.5 | 0.0232 | get 0.0029% / 1h | 11m 25s | $528K | $192K | 15x |
RISEx MU/USDC
Phoenix MUPrice 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
- −$0.55
- Funding while held
- $2.6
- Slippage, 4 orders
- −$17.85
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$28.8
- Spread needed to break even
- 0.309%
Slippage from RISEx: live order book, 33 min ago; Phoenix: live order book, 33 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0087%
- Per $10,000 a day
- +$2.60
- 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 RISEx live order book, 33 min ago | 1.15 bp | 4.2 bp −$4 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 33 min ago | 2.88 bp | 11.3 bp −$11 | 24.0 bp −$240 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,040.2cheapestNado1,040.4+0.017%ApeX Omni1,040.5+0.026%Coinbase International1,040.6+0.034%Extended1,040.8+0.057%Pacifica1,040.8+0.058%SoDEX1,040.9+0.062%HTX1,040.9+0.064%edgeX1,040.9+0.070%KuCoin1,041+0.073%Arcus1,041.1+0.085%BloFin1,041.1+0.086%StandX1,041.2+0.091%Gate1,041.2+0.093%Aevo1,041.3+0.101%Lighter RH1,041.3+0.102%Aftermath Perps1,041.3+0.105%Lighter1,041.3+0.106%QFEX1,041.4+0.111%Polymarket Perps1,041.4+0.114%Deribit1,041.5+0.121%Paradex1,041.5+0.123%tradeXYZ1,041.5+0.124%Bitget1,041.5+0.124%
Ondo Perps
Nado
ApeX Omni
Coinbase International
Extended
Pacifica
SoDEX
HTX
KuCoin
Arcus
BloFin
StandX
Gate
Aevo
Lighter RH
Lighter
QFEX
Polymarket Perps
Deribit
Paradex
tradeXYZ
BitgetPhoenix1,041.5+0.124%
Variational Omni1,041.5+0.126%Vest1,041.5+0.127%
Variational Omni
VestRISEx1,041.6+0.130%
OKX1,041.6+0.133%Bullet1,041.6+0.133%Aster1,041.7+0.139%Binance1,041.7+0.139%Orderly1,041.7+0.139%Bybit1,041.8+0.153%SunX1,042.8+0.250%Injective1,050.7+1.009%
OKX
Bullet
Aster
Binance
Orderly
Bybit
SunX
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 | −0.129% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| Nado MU-PERP | −0.112% | +0.0119% | 1h | $333K | $776K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.103% | +0.0100% | 1h | $71K | $269K | 50x | as long as short |
| Coinbase International MU-PERP-INTX | −0.096% | +0.0168% | 1h | $782K | $1.7M | 10x | as long as short |
| Extended MU_24_5-USD | −0.073% | +0.0032% | 1h | $525K | $993K | 10x | as long as short |
| Pacifica MU | −0.071% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| SoDEX MU-USD | −0.068% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| HTX MU-USDT | −0.065% | 0.0000% | 8h | $129K | $440K | 50x | as long as short |
| edgeX MUUSDC | −0.059% | +0.0410% | 4h | $1.3M | $669K | 10x | as long as short |
| KuCoin MUUSDTM | −0.056% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus MU-USD | −0.045% | +0.0073% | 1h | $60K | $232K | 10x | as long as short |
| BloFin MU-USDT | −0.044% | +0.0141% | 8h | $1.5M | $1.7M | 20x | as long as short |
| StandX MU-USD | −0.038% | 0.0000% | 1h | $188K | $2.3M | 20x | as long as short |
| Gate MU_USDT | −0.036% | 0.0000% | 8h | $65.3M | $25.4M | 75x | as long as short |
| Aevo MU-PERP | −0.028% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| Lighter RH MU | −0.028% | +0.0032% | 1h | $1.1M | $4.3M | 10x | as long as short |
| Aftermath Perps MUUSD | −0.024% | +0.0200% | 1h | $3K | $44K | 10x | as long as short |
| Lighter MU | −0.024% | +0.0032% | 1h | $991K | $4.6M | 20x | as long as short |
| QFEX MU-USD | −0.019% | +0.0037% | 1h | $7.9M | $22.6M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.015% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.008% | +0.0144% | 1h | $54K | $102K | 10x | as long as short |
| Paradex MU-USD-PERP | −0.006% | +0.0054% | 8h | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | −0.006% | +0.0067% | 1h | $178.1M | $95.5M | 10x | as long as short |
| Bitget MUUSDT | −0.006% | +0.0079% | 8h | $20.1M | $38.8M | 50x | as long as short |
| Phoenix MUshort | −0.006% | +0.0232% | 1h | $528K | $192K | 15x | |
| Variational Omni MU | −0.003% | +0.0017% | 8h | $2.7M | $2.6M | — | as long as short |
| Vest MU-USD-PERP | −0.003% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| RISEx MU/USDClong | 0.000% | +0.0145% | 1h | $284K | $317K | 20x | |
| OKX MU-USDT-SWAP | +0.003% | 0.0000% | 8h | $31.0M | $95.1M | 50x | as long as short |
| Bullet MU-USD | +0.003% | 0.0000% | 1h | $25K | $401K | 10x | as long as short |
| Aster MUUSD1 | +0.009% | 0.0000% | 8h | $21.4M | $17.7M | 20x | as long as short |
| Binance MUUSDT | +0.010% | +0.0035% | 8h | $127.9M | $479.2M | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.010% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.023% | +0.0030% | 8h | $18.1M | $29.2M | 100x | as long as short |
| SunX MU-USDT | +0.120% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.879% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |