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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Aevo−0.025%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. ApeX Omni is 0.025% cheaper against Aevo than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 4.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,035.50.0080pay 0.0010% / 1h30m 33s$32K$1K10x
ShortApeX Omni MUUSDT1,035.30.0100get 0.0013% / 1h30m 33s$70K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
$4.2
Price spread: −0.025% → 0.000%
−$2.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$24.26
Costs to cover
0.260%
Break-even
47.4 days
Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 16 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 Aevo no order-book sample
Sell ApeX Omni live order book, 16 min ago7.68 bp19.7 bp −$20184.9 bp −$1,849doesn't fitdoesn't fit
Aevo: 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−0.0955%4h1,035.8+0.027%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,037.4+0.183%$21.1M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,037.5+0.193%$121.3M$530.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.4+0.180%$18.5M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.3+0.171%$30.0M$100.3M50xas long as short
RISEx MU/USDC0.0000%1h1,037.5+0.190%$335K$370K20xas long as short
Gate MU_USDT0.0000%8h1,036.9+0.135%$61.5M$28.3M75xas long as short
Bitget MUUSDT0.0000%8h1,037.5+0.188%$20.4M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,036+0.049%$2.6M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,035.3−0.016%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,035.5+0.001%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.3+0.174%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036+0.051%$73K$512K10xas long as short
HTX MU-USDT0.0000%8h1,036.2+0.067%$127K$447K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,036.9+0.133%$3K$44K10xas long as short
Nado MU-PERP+0.0023%1h1,035.1−0.040%$277K$819K10xas long as short
QFEX MU-USD+0.0023%1h1,037.2+0.166%$7.0M$18.0M10xas long as short
Bullet MU-USD+0.0024%1h1,035.9+0.038%$25K$390K10xas long as short
Lighter RH MU+0.0032%1h1,036.9+0.132%$1.2M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.7+0.111%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.531%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036.4+0.084%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.6+0.010%$174K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.6+0.106%$176.1M$92.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.4−0.010%$168K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.7+0.019%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,034.7−0.075%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,037.3+0.176%$2K5xas long as short
Aevo MU-PERPlong+0.0080%1h1,035.5long leg$32K$1K10x
Pacifica MU+0.0100%1h1,037+0.140%$146K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.8+0.128%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,035.3−0.025%$70K$269K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.7+0.016%$823$79920xas long as short
Lighter MU+0.0112%1h1,037.2+0.164%$1.0M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,036.9+0.137%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,035.9+0.034%$731K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,037.1+0.154%$530K$270K15xas long as short