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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0063%/8h= −6.9% APRnext payment $0.08 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Aevo−0.072%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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.072% cheaper against Aevo than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,052.10.0096pay 0.0012% / 1h42m 48s$32K$1K10x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h42m 48s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$13.16
Price spread: −0.072% → 0.000%
−$7.21
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$36.39
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Injective: 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 Aevo no order-book sample
Sell Injective no order-book sample
Aevo and Injective: 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−0.0978%4h1,051.8−0.033%$1.3M$673K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.5+0.037%$31.2M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,052.6+0.049%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.4+0.022%$62.3M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.1−0.003%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.8−0.028%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,054.4+0.216%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,051.9−0.019%$131K$436K50xas long as short
Aster MUUSD1+0.0007%8h1,052.2+0.010%$21.4M$55.0M20xas long as short
Aftermath Perps MUUSD+0.0017%1h1,051.9−0.024%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0018%8h1,052.8+0.063%$19.1M$32.3M100xas long as short
Bullet MU-USD+0.0025%1h1,052.5+0.032%$25K$398K10xas long as short
Lighter MU+0.0032%1h1,052.3+0.021%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,052.3+0.017%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.8−0.035%$564K$1.1M10xas long as short
Nado MU-PERP+0.0033%1h1,052.2+0.004%$282K$843K10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4−0.072%$19K$5K12x
QFEX MU-USD+0.0034%1h1,052.3+0.019%$7.2M$18.0M10xas long as short
Arcus MU-USD+0.0040%1h1,051.8−0.030%$71K$234K10xas long as short
Variational Omni MU+0.0042%8h1,051.8−0.027%$2.7M$2.4Mas long as short
Vest MU-USD-PERP+0.0046%1h1,053.4+0.125%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2+0.008%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.4+0.026%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051−0.103%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,052.6+0.048%$2K5xas long as short
tradeXYZ xyz:MU+0.0073%1h1,052.2+0.008%$178.9M$99.1M10xas long as short
Binance MUUSDT+0.0073%8h1,052.5+0.038%$126.8M$517.3M50xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,051.9−0.017%$758K$1.2M10xas long as short
Aevo MU-PERPlong+0.0096%1h1,052.1long leg$32K$1K10x
Pacifica MU+0.0100%1h1,052.6+0.049%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.1−0.005%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.6−0.049%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.4+0.024%$837$79920xas long as short
Bitget MUUSDT+0.0124%8h1,052.6+0.043%$20.6M$41.1M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0140%1h1,052.2+0.009%$69K$414K10xas long as short
BloFin MU-USDT+0.0194%8h1,052.5+0.037%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.3+0.017%$538K$271K15xas long as short