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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.04 per $10,000 · paid last 24h +0.012%
Price spread now: tradeXYZ against Aevo+0.025%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 airdroptradeXYZ: Active · farm boardneeds both histories
The price spread pays, funding is against you. tradeXYZ is 0.025% dearer against Aevo than usual: you sell high and buy low (spread +0.025% 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 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,0380.0080pay 0.0010% / 1h2m 19s$32K$1K10x
ShorttradeXYZ xyz:MU1,038.30.0050get 0.0006% / 1h2m 19s$176.4M$80.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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: +0.025% → 0.000%
$2.46
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$37.84
Costs to cover
0.340%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago0.48 bp9.5 bp −$910.9 bp −$10916.4 bp −$1,639doesn'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−0.0555%4h1,038.3+0.022%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0128%8h1,038.7+0.059%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.5+0.048%$21.2M$67.9M20xas long as short
Binance MUUSDT0.0000%8h1,038.4+0.033%$122.5M$536.7M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5+0.043%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2+0.018%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.6+0.050%$312K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038.3+0.024%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3+0.024%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4+0.038%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.7+0.065%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.9+0.176%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.5+0.047%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.4+0.036%$126K$481K50xas long as short
Bullet MU-USD+0.0006%1h1,038.6+0.053%$24K$388K10xas long as short
Nado MU-PERP+0.0018%1h1,038.2+0.016%$280K$802K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,038.5+0.048%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.5+0.040%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.5+0.045%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.030%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.283%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.7+0.060%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.9−0.011%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.6+0.054%$175K25xas long as short
tradeXYZ xyz:MUshort+0.0050%1h1,038.3+0.025%$176.4M$80.2M10x
Polymarket Perps MU-USD+0.0050%1h1,038.2+0.015%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5+0.039%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.4+0.034%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.6−0.045%$1.9M$2.7M10xas long as short
Aevo MU-PERPlong+0.0080%1h1,038long leg$32K$1K10x
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.028%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038.1+0.004%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2+0.013%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.042%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.4+0.032%$826$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.5+0.048%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.4+0.034%$531K$270K15xas long as short