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+0.0005%/8h= +0.5% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%
Price spread now: Ondo Perps against Vest−0.104%7-day average −0.722% · 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 4 days (all we have)−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.104%, 7d avg −0.722%
Together, before fees+0.085%+ Points / potential airdropVest: Active · Ondo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.618% dearer against Vest than usual: you sell high and buy low, +$62 on $10k if it goes back to its 7-day average of −0.722%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,038.70.0046pay 0.0006% / 1h4m 20s$175K25x
ShortOndo Perps MU-USD.P1,037.60.0050get 0.0006% / 1h4m 20s$1.9M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Vest. 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
$0.99
Price spread: −0.104% → −0.722%
$61.85
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$55.84
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; Ondo Perps: 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 Vest no order-book sample
Sell Ondo Perps no order-book sample
Vest and Ondo Perps: 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−0.0555%4h1,038.3−0.037%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0134%8h1,038.6−0.003%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.6−0.009%$21.2M$67.8M20xas long as short
Binance MUUSDT0.0000%8h1,038.4−0.021%$122.5M$536.8M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5−0.013%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3−0.035%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.5−0.012%$312K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038.3−0.037%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3−0.035%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4−0.021%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.5−0.014%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.101%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.1−0.057%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.038%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.5−0.015%$25K$388K10xas long as short
Nado MU-PERP+0.0018%1h1,038.3−0.039%$280K$802K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,038.3−0.033%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.2−0.044%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.2−0.047%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.089%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.223%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.3−0.037%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.084%$90K$244K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,038.7long leg$175K25x
tradeXYZ xyz:MU+0.0050%1h1,038.3−0.035%$176.4M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.3−0.035%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.1−0.059%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.1−0.052%$2K5xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,037.6−0.104%$1.9M$2.7M10x
Aevo MU-PERP+0.0080%1h1,038.2−0.048%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−0.031%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8−0.080%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2−0.047%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5−0.017%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.033%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3−0.035%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7+0.004%$531K$270K15xas long as short