After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.105%7d average−0.133%fees + slippage, in and out−$82spread needed0.815%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,039 | 0 | get 0.0000% / 8h | 1h 28m | $11K | $5.3M | 10x |
| Short | Phoenix MU | 1,037.9 | 0.0229 | get 0.0029% / 1h | 28m 33s | $526K | $187K | 15x |
SunX MU-USDT
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
- −$10.49
- Funding while held
- $6.87
- Slippage, 4 orders
- −$64.54
- Fee SunX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$85.16
- Spread needed to break even
- 0.815%
Slippage from SunX: live order book, 7 min ago; Phoenix: live order book, 26 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0229%
- Per $10,000 a day
- +$6.87
- 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 SunX live order book, 7 min ago | 0.05 bp | 29.5 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 26 min ago | 2.88 bp | 11.3 bp −$11 | 24.3 bp −$243 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps1,035.8cheapestApeX Omni1,036.4+0.050%Aftermath Perps1,036.4+0.050%edgeX1,036.7+0.085%StandX1,036.9+0.101%Polymarket Perps1,036.9+0.102%RISEx1,037.3+0.145%Arcus1,037.5+0.155%Nado1,037.5+0.160%Variational Omni1,037.6+0.166%Vest1,037.7+0.178%Extended1,037.8+0.186%
Ondo Perps
ApeX Omni
StandX
Polymarket Perps
RISEx
Arcus
Nado
Variational Omni
Vest
ExtendedPhoenix1,037.9+0.199%
tradeXYZ1,038+0.209%Aevo1,038+0.209%Pacifica1,038.1+0.218%Aster1,038.2+0.227%Deribit1,038.2+0.229%Bitget1,038.3+0.239%SoDEX1,038.3+0.239%OKX1,038.3+0.240%HTX1,038.3+0.240%Binance1,038.3+0.241%Bullet1,038.4+0.243%Lighter RH1,038.4+0.246%Bybit1,038.4+0.249%Lighter1,038.5+0.252%Orderly1,038.5+0.256%Gate1,038.5+0.257%KuCoin1,038.5+0.259%QFEX1,038.5+0.260%Paradex1,038.5+0.261%BloFin1,038.6+0.263%
tradeXYZ
Aevo
Pacifica
Aster
Deribit
Bitget
SoDEX
OKX
HTX
Binance
Bullet
Lighter RH
Bybit
Lighter
Orderly
Gate
KuCoin
QFEX
Paradex
BloFinSunX1,039+0.304%
Coinbase International1,039.6+0.365%Injective1,050.7+1.436%
Coinbase International
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 | −0.303% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| ApeX Omni MUUSDT | −0.253% | +0.0100% | 1h | $70K | $266K | 50x | as long as short |
| Aftermath Perps MUUSD | −0.253% | +0.0216% | 1h | $3K | $44K | 10x | as long as short |
| edgeX MUUSDC | −0.219% | +0.0686% | 4h | $1.3M | $669K | 10x | as long as short |
| StandX MU-USD | −0.202% | 0.0000% | 1h | $188K | $947K | 20x | as long as short |
| Polymarket Perps MU-USD | −0.201% | +0.0050% | 1h | $165K | $171K | 10x | as long as short |
| RISEx MU/USDC | −0.158% | +0.0077% | 1h | $282K | $297K | 20x | as long as short |
| Arcus MU-USD | −0.148% | +0.0040% | 1h | $64K | $172K | 10x | as long as short |
| Nado MU-PERP | −0.144% | +0.0170% | 1h | $282K | $659K | 10x | as long as short |
| Variational Omni MU | −0.138% | +0.0021% | 8h | $2.7M | $2.6M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | −0.126% | +0.0046% | 1h | — | $150K | 25x | as long as short |
| Extended MU_24_5-USD | −0.117% | +0.0032% | 1h | $512K | $919K | 10x | as long as short |
| Phoenix MUshort | −0.105% | +0.0229% | 1h | $526K | $187K | 15x | |
| tradeXYZ xyz:MU | −0.095% | +0.0050% | 1h | $175.0M | $88.4M | 10x | as long as short |
| Aevo MU-PERP | −0.095% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Pacifica MU | −0.086% | +0.0100% | 1h | $157K | $95K | 10x | as long as short |
| Aster MUUSD1 | −0.077% | 0.0000% | 8h | $21.4M | $8.9M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.075% | +0.0184% | 1h | $53K | $75K | 10x | as long as short |
| Bitget MUUSDT | −0.064% | +0.0103% | 8h | $20.4M | $33.3M | 50x | as long as short |
| SoDEX MU-USD | −0.064% | +0.0050% | 1h | $688K | $9K | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.064% | 0.0000% | 8h | $30.6M | $82.2M | 50x | as long as short |
| HTX MU-USDT | −0.064% | 0.0000% | 8h | $129K | $420K | 50x | as long as short |
| Binance MUUSDT | −0.063% | +0.0046% | 8h | $130.9M | $397.3M | 50x | as long as short |
| Bullet MU-USD | −0.061% | +0.0199% | 1h | $25K | $398K | 10x | as long as short |
| Lighter RH MU | −0.058% | +0.0032% | 1h | $1.2M | $4.1M | 10x | as long as short |
| Bybit MUUSDT | −0.055% | 0.0000% | 8h | $18.6M | $27.0M | 100x | as long as short |
| Lighter MU | −0.052% | +0.0064% | 1h | $973K | $4.3M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.048% | +0.0100% | 8h | $826 | $799 | 20x | as long as short |
| Gate MU_USDT | −0.047% | 0.0000% | 8h | $66.2M | $22.9M | 75x | as long as short |
| KuCoin MUUSDTM | −0.045% | +0.0100% | 8h | $5.2M | $3.3M | 20x | as long as short |
| QFEX MU-USD | −0.044% | +0.0036% | 1h | $7.8M | $21.9M | 10x | as long as short |
| Paradex MU-USD-PERP | −0.043% | +0.0072% | 8h | $2K | — | 5x | as long as short |
| BloFin MU-USDT | −0.041% | +0.0165% | 8h | $1.5M | $1.3M | 20x | as long as short |
| SunX MU-USDTlong | 0.000% | 0.0000% | 8h | $11K | $5.3M | 10x | |
| Coinbase International MU-PERP-INTX | +0.061% | +0.0192% | 1h | $824K | $1.3M | 10x | as long as short |
| Injective MU/USDC PERP | +1.128% | −0.0220% | 1h | $14K | $225K | 12x | as long as short |