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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Aevo+0.021%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
The price spread pays, funding is against you. SoDEX is 0.021% dearer against Aevo than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,037.50.0080pay 0.0010% / 1h29m 38s$32K$1K10x
ShortSoDEX MU-USD1,037.70.0050get 0.0006% / 1h29m 38s$681K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$6.3
Price spread: +0.021% → 0.000%
$2.11
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$28.19
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: live order book, 14 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 SoDEX live order book, 14 min ago0.05 bp11.9 bp −$1244.7 bp −$447doesn'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−0.0296%4h1,036.7−0.083%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0214%8h1,038.3+0.079%$20.2M$40.3M50xas long as short
Aster MUUSD10.0000%8h1,038.6+0.104%$21.2M$59.1M20xas long as short
Binance MUUSDT0.0000%8h1,038.3+0.074%$121.6M$537.5M50xas long as short
Bybit MUUSDT0.0000%8h1,038.4+0.086%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2+0.065%$29.9M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,037.8+0.031%$314K$387K20xas long as short
Gate MU_USDT0.0000%8h1,038.2+0.062%$61.6M$28.5M75xas long as short
Variational Omni MU0.0000%8h1,037.4−0.015%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037−0.050%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.5−0.099%$187K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,038.1+0.056%$26K$389K10xas long as short
SunX MU-USDT0.0000%8h1,039+0.143%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038+0.050%$74K$562K10xas long as short
HTX MU-USDT0.0000%8h1,037.8+0.027%$128K$441K50xas long as short
Nado MU-PERP+0.0002%1h1,037.6+0.005%$277K$815K10xas long as short
Aftermath Perps MUUSD+0.0014%1h1,036.3−0.119%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,038.5+0.096%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.2+0.063%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7+0.014%$540K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,037.8+0.024%$7.0M$18.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.334%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037−0.047%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.7+0.021%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.1+0.056%$176.3M$88.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.6+0.008%$168K$195K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,037.7+0.021%$681K$15K10x
Ondo Perps MU-USD.P+0.0050%1h1,037−0.053%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,038.2+0.065%$2K5xas long as short
Aevo MU-PERPlong+0.0080%1h1,037.5long leg$32K$1K10x
Pacifica MU+0.0100%1h1,037.9+0.038%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.9+0.037%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.2−0.036%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038+0.048%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.145%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,037.6+0.007%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,037−0.050%$530K$270K15xas long as short