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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.030%
Price spread now: HTX against Aevo+0.019%54s7-day average · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,043.20.0112pay 0.0014% / 1h48m 19s$33K10x
ShortHTX MU-USDT1,043.40get 0.0000% / 8h1h 48m$125K$441K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$23.52
Price spread: +0.019% → 0.000%
$1.89
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee HTX: 6 bp × 2 orders
−$12
Net
−$49.63
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; HTX: live order book, 35 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 HTX live order book, 35 min ago3.40 bp9.7 bp −$1010.8 bp −$10820.0 bp −$1,997doesn'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−0.0180%4h1,043.7+0.046%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,043.5+0.028%$62.8M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,043−0.021%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.7+0.241%$11K$6.6M10xas long as short
HTX MU-USDTshort0.0000%8h1,043.4+0.019%$125K$441K50x
OKX MU-USDT-SWAP+0.0001%8h1,043.2+0.006%$30.7M$104.4M50xas long as short
Aftermath Perps MUUSD+0.0029%1h1,043.4+0.022%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,043.4+0.022%$1.1M$4.2M10xas long as short
Aster MUUSD1+0.0032%8h1,044+0.079%$21.5M$47.0M20xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.723%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,043.1−0.003%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.3+0.012%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.7+0.050%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.8−0.035%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.7+0.049%$7.8M$24.2M10xas long as short
Bitget MUUSDT+0.0079%8h1,043.4+0.022%$20.4M$43.0M50xas long as short
Pacifica MU+0.0100%1h1,043.2−0.002%$154K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.6−0.057%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.6+0.043%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.4+0.022%$830$79920xas long as short
Variational Omni MU+0.0105%8h1,043.7+0.051%$2.6M$2.7Mas long as short
Aevo MU-PERPlong+0.0112%1h1,043.2long leg$33K10x
Paradex MU-USD-PERP+0.0116%8h1,043.5+0.034%$2K5xas long as short
Binance MUUSDT+0.0128%8h1,043.5+0.031%$125.0M$537.6M50xas long as short
Lighter MU+0.0176%1h1,043.5+0.031%$1.0M$4.8M20xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.8+0.062%$756K$1.4M10xas long as short
Nado MU-PERP+0.0186%1h1,042.6−0.052%$303K$849K10xas long as short
GRVT MU_USDT_Perp+0.0192%8h1,043.7+0.055%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0202%8h1,043.5+0.029%$19.1M$32.5M100xas long as short
Bullet MU-USD+0.0242%1h1,043.5+0.031%$26K$399K10xas long as short
BloFin MU-USDT+0.0247%8h1,044+0.078%$1.5M$2.1M20xas long as short
tradeXYZ xyz:MU+0.0339%1h1,043.2+0.003%$176.2M$107.1M10xas long as short
Phoenix MU+0.0383%1h1,044.3+0.108%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043.4+0.017%$63K$230K10xas long as short
RISEx MU/USDC+0.0499%1h1,044.1+0.085%$285K$333K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0546%1h1,043.5+0.030%$60K$240K10xas long as short
Extended MU_24_5-USD+0.0600%1h1,042.2−0.097%$540K$1.1M10xas long as short