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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.035%
Price spread now: tradeXYZ against Vest−0.124%7-day average −0.701% · 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 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.124%, 7d avg −0.701%
Together, before fees+0.095%+ Points / potential airdropVest: Active · tradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.576% dearer against Vest than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.701%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,053.60.0046pay 0.0006% / 1h59m 47s$175K25x
ShorttradeXYZ xyz:MU1,052.30.0059get 0.0007% / 1h59m 47s$178.6M$99.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$2.87
Price spread: −0.124% → −0.701%
$57.65
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$40.52
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; tradeXYZ: live order book, 10 min ago. 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 tradeXYZ live order book, 10 min ago0.47 bp9.5 bp −$910.3 bp −$10315.0 bp −$1,496doesn't fit
Vest: 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−0.0935%4h1,052.3−0.128%$1.3M$672K10xas long as short
RISEx MU/USDC0.0000%1h1,052.7−0.086%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.4−0.120%$62.1M$27.6M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.4−0.115%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,052.2−0.133%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,054.1+0.049%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,052.3−0.125%$69K$394K10xas long as short
HTX MU-USDT0.0000%8h1,052.4−0.112%$130K$431K50xas long as short
Bybit MUUSDT+0.0009%8h1,052.9−0.070%$19.2M$32.3M100xas long as short
OKX MU-USDT-SWAP+0.0010%8h1,052.5−0.103%$31.1M$100.0M50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSD+0.0017%1h1,051.8−0.168%$3K$45K10xas long as short
Aster MUUSD1+0.0029%8h1,052.4−0.112%$21.4M$55.0M20xas long as short
QFEX MU-USD+0.0030%1h1,052.4−0.120%$7.2M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,052.5−0.104%$1.3M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.214%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,051.9−0.161%$71K$234K10xas long as short
Nado MU-PERP+0.0045%1h1,052.3−0.126%$282K$844K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,053.6long leg$175K25x
Lighter MU+0.0048%1h1,052.6−0.097%$1.1M$5.1M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.3−0.124%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.5−0.109%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.6−0.196%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0054%8h1,052.6−0.099%$2K5xas long as short
Extended MU_24_5-USD+0.0056%1h1,051.8−0.168%$564K$1.1M10xas long as short
tradeXYZ xyz:MUshort+0.0059%1h1,052.3−0.124%$178.6M$99.0M10x
Bullet MU-USD+0.0059%1h1,052.5−0.103%$26K$398K10xas long as short
Variational Omni MU+0.0063%8h1,052.3−0.123%$2.7M$2.4Mas long as short
Binance MUUSDT+0.0096%8h1,052.6−0.098%$126.7M$517.4M50xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,051.9−0.159%$758K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,052.5−0.102%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.3−0.127%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.4−0.112%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.4−0.111%$837$79920xas long as short
Aevo MU-PERP+0.0104%1h1,052.1−0.141%$32K$1K10xas long as short
Bitget MUUSDT+0.0139%8h1,052.6−0.094%$20.6M$41.1M50xas long as short
BloFin MU-USDT+0.0218%8h1,052.2−0.135%$1.5M$2.0M20xas long as short
Phoenix MU+0.0229%1h1,052.5−0.105%$538K$271K15xas long as short