Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: Orderly against SunX−0.236%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.236% cheaper against SunX than usual: you would sell low and buy high (spread −0.236% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 7.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,045.70get 0.0000% / 8h3h 17m$11K$5.8M10x
ShortOrderly PERP_MU_USDC_mythos1,043.20.0100get 0.0100% / 8h3h 17m$829$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: −0.236% → 0.000%
−$23.62
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$16.62
Costs to cover
0.140%
Break-even
12.5 days
Slippage unknown: SunX: live order book, 11 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 11 min ago21.61 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0350%4h1,044.9−0.068%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,044.7−0.093%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,044.5−0.106%$124.0M$522.8M50xas long as short
Bybit MUUSDT0.0000%8h1,044.4−0.119%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.4−0.116%$30.9M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,044.4−0.123%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,044.3−0.128%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,044.7−0.093%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.1−0.057%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9−0.070%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.7−0.183%$189K$3.4M20xas long as short
SunX MU-USDTlong0.0000%8h1,045.7long leg$11K$5.8M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.2−0.234%$73K$480K10xas long as short
HTX MU-USDT0.0000%8h1,043−0.250%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,044.1−0.148%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,044.2−0.143%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,044.5−0.114%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,044.5−0.106%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.6−0.195%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.546%$19K$5K12xas long as short
Nado MU-PERP+0.0035%1h1,043.3−0.226%$280K$828K10xas long as short
Bullet MU-USD+0.0039%1h1,043.3−0.223%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,043.8−0.176%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.169%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,044.2−0.139%$176.7M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.253%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.2−0.239%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,044.5−0.112%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.2−0.231%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,042.8−0.271%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,044.4−0.124%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.2−0.135%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.9−0.172%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,043.2−0.236%$829$79920x
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8−0.086%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.2−0.138%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9−0.072%$534K$271K15xas long as short