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+0.0387%/8h= +42.3% APRnext payment +$0.48 per $10,000 · paid last 24h +0.051%
Price spread now: RISEx against Aevo+0.053%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 3 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 for this trade now. Funding pays +$12 a day on $10k at the current rate, and RISEx is 0.053% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,043.20.0112pay 0.0014% / 1h46m 22s$33K10x
ShortRISEx MU/USDC1,043.80.0499get 0.0062% / 1h46m 22s$285K$333K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$81.19
Price spread: +0.053% → 0.000%
$5.31
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
$64.49
Costs to cover
0.220%
Break-even
1.4 days
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 37 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 RISEx live order book, 37 min ago1.34 bp4.3 bp −$45.9 bp −$59doesn'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−0.0180%4h1,043.7+0.040%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,043.4+0.011%$62.8M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,042.7−0.050%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.4+0.207%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,043−0.022%$125K$441K50xas long as short
OKX MU-USDT-SWAP+0.0002%8h1,043.3+0.008%$30.7M$104.4M50xas long as short
Aftermath Perps MUUSD+0.0030%1h1,043.2−0.001%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,043.1−0.015%$1.1M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.717%$14K$30212xas long as short
Aster MUUSD1+0.0036%8h1,043.9+0.064%$21.5M$47.0M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,042.9−0.037%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.022%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.3+0.010%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.8−0.040%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.2−0.004%$7.8M$24.2M10xas long as short
Bitget MUUSDT+0.0081%8h1,043.4+0.013%$20.4M$43.0M50xas long as short
Pacifica MU+0.0100%1h1,042.7−0.051%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.8−0.045%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5+0.023%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.3+0.010%$829$79920xas long as short
Variational Omni MU+0.0105%8h1,043.7+0.046%$2.6M$2.7Mas long as short
Aevo MU-PERPlong+0.0112%1h1,043.2long leg$33K10x
Paradex MU-USD-PERP+0.0117%8h1,043.3+0.002%$2K5xas long as short
Binance MUUSDT+0.0130%8h1,043.5+0.026%$125.0M$537.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.8+0.056%$756K$1.4M10xas long as short
Lighter MU+0.0192%1h1,043.3+0.006%$1.0M$4.8M20xas long as short
GRVT MU_USDT_Perp+0.0192%8h1,043.7+0.049%$82K$1.4M10xas long as short
Nado MU-PERP+0.0192%1h1,042.5−0.066%$303K$849K10xas long as short
Bybit MUUSDT+0.0206%8h1,043.6+0.038%$19.1M$32.5M100xas long as short
BloFin MU-USDT+0.0249%8h1,043.4+0.011%$1.5M$2.1M20xas long as short
Bullet MU-USD+0.0253%1h1,043.5+0.025%$26K$399K10xas long as short
tradeXYZ xyz:MU+0.0353%1h1,043.4+0.016%$176.3M$107.1M10xas long as short
Phoenix MU+0.0383%1h1,044+0.074%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,042.9−0.032%$63K$230K10xas long as short
RISEx MU/USDCshort+0.0499%1h1,043.8+0.053%$285K$333K20x
Deribit MU_USDC-PERPETUAL+0.0575%1h1,043.3+0.003%$60K$241K10xas long as short
Extended MU_24_5-USD+0.0600%1h1,042.5−0.075%$540K$1.1M10xas long as short