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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0028%/8h= −3.1% APRnext payment $0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Pacifica against Aevo+0.125%7-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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Pacifica is 0.125% dearer against Aevo than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,045.40.0128pay 0.0016% / 1h57m 29s$33K10x
ShortPacifica MU1,046.70.0100get 0.0013% / 1h57m 29s$153K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$5.88
Price spread: +0.125% → 0.000%
$12.5
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$17.38
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: live order book, 15 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 Pacifica live order book, 15 min ago2.30 bp7.8 bp −$8doesn't fitdoesn'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−0.0299%4h1,044.8−0.052%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,046.9+0.150%$63.1M$28.3M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.023%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.205%$11K$6.4M10xas long as short
HTX MU-USDT0.0000%8h1,045−0.031%$129K$418K50xas long as short
Aftermath Perps MUUSD+0.0026%1h1,045−0.032%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,046.5+0.107%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.511%$14K$25112xas long as short
Lighter MU+0.0040%1h1,046.8+0.140%$1.0M$4.7M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,047.3+0.184%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.074%$2.0M$2.3M10xas long as short
Nado MU-PERP+0.0051%1h1,046.2+0.084%$271K$866K10xas long as short
QFEX MU-USD+0.0054%1h1,047.1+0.165%$7.9M$23.7M10xas long as short
Bybit MUUSDT+0.0070%8h1,047.4+0.195%$19.2M$32.6M100xas long as short
OKX MU-USDT-SWAP+0.0075%8h1,047.3+0.185%$30.9M$102.0M50xas long as short
Polymarket Perps MU-USD+0.0082%1h1,045.4+0.003%$169K$203K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0085%1h1,045.6+0.018%$62K$291K10xas long as short
Pacifica MUshort+0.0100%1h1,046.7+0.125%$153K$180K10x
KuCoin MUUSDTM+0.0100%8h1,046.4+0.095%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8+0.044%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046+0.058%$832$79920xas long as short
Paradex MU-USD-PERP+0.0102%8h1,047+0.156%$2K5xas long as short
Bitget MUUSDT+0.0120%8h1,046.9+0.147%$20.5M$41.7M50xas long as short
SoDEX MU-USD+0.0123%1h1,045.5+0.016%$686K$16K10xas long as short
Aevo MU-PERPlong+0.0128%1h1,045.4long leg$33K10x
Variational Omni MU+0.0166%8h1,045.6+0.023%$2.7M$2.5Mas long as short
Aster MUUSD1+0.0171%8h1,046.8+0.134%$21.6M$47.6M20xas long as short
Binance MUUSDT+0.0181%8h1,047.3+0.186%$125.2M$526.5M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,045.1−0.022%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0204%8h1,045.8+0.040%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,045.5+0.013%$70K$243K10xas long as short
Bullet MU-USD+0.0285%1h1,045.5+0.016%$25K$394K10xas long as short
BloFin MU-USDT+0.0303%8h1,045.5+0.008%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0312%1h1,047.3+0.188%$315K$337K20xas long as short
Extended MU_24_5-USD+0.0344%1h1,044.4−0.097%$550K$1.0M10xas long as short
Phoenix MU+0.0460%1h1,046+0.061%$535K$306K15xas long as short
tradeXYZ xyz:MU+0.0523%1h1,045.7+0.032%$177.1M$105.1M10xas long as short