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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0202%/8h= +22.2% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%
Price spread now: Arcus against Aftermath Perps−0.014%46s7-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 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,0440.0024pay 0.0003% / 1h22m 29s$3K$44K10x
ShortArcus MU-USD1,043.80.0226get 0.0028% / 1h22m 29s$63K$236K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Aftermath Perps. 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
$42.48
Price spread: −0.014% → 0.000%
−$1.36
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$27.62
Costs to cover
0.135%
Break-even
2.4 days
Slippage unknown: Aftermath Perps: no order-book sample; Arcus: live order book, 1 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 Aftermath Perps no order-book sample
Sell Arcus live order book, 1 min ago3.02 bp8.7 bp −$99.6 bp −$96doesn't fitdoesn't fit
Aftermath Perps: 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−0.0044%4h1,044.1+0.015%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,044.3+0.035%$21.5M$44.1M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044+0.002%$30.7M$104.3M50xas long as short
Gate MU_USDT0.0000%8h1,043.9−0.011%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,042.9−0.105%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046+0.196%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,043.9−0.010%$125K$443K50xas long as short
Aftermath Perps MUUSDlong+0.0024%1h1,044long leg$3K$44K10x
Lighter RH MU+0.0032%1h1,043.6−0.035%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.645%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,043.6−0.036%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.7−0.026%$165K$176K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.3−0.066%$2.0M$2.7M10xas long as short
SoDEX MU-USD+0.0052%1h1,044+0.003%$685K$16K10xas long as short
Variational Omni MU+0.0053%8h1,044.3+0.029%$2.7M$2.7Mas long as short
QFEX MU-USD+0.0057%1h1,043.9−0.011%$7.8M$24.1M10xas long as short
Bitget MUUSDT+0.0068%8h1,043.9−0.008%$20.5M$42.9M50xas long as short
Binance MUUSDT+0.0092%8h1,044+0.004%$124.9M$540.3M50xas long as short
Pacifica MU+0.0100%1h1,043.3−0.061%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.6−0.033%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044.6+0.056%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044+0.007%$830$79920xas long as short
Aevo MU-PERP+0.0104%1h1,043.8−0.016%$33K10xas long as short
Paradex MU-USD-PERP+0.0123%8h1,043.8−0.012%$2K5xas long as short
GRVT MU_USDT_Perp+0.0143%8h1,044.3+0.032%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.8−0.015%$756K$1.6M10xas long as short
Bybit MUUSDT+0.0174%8h1,044.2+0.025%$19.1M$32.5M100xas long as short
Nado MU-PERP+0.0199%1h1,042.9−0.106%$307K$845K10xas long as short
tradeXYZ xyz:MU+0.0202%1h1,043.8−0.016%$176.5M$107.0M10xas long as short
RISEx MU/USDC+0.0202%1h1,044.1+0.015%$286K$332K20xas long as short
BloFin MU-USDT+0.0208%8h1,044.1+0.013%$1.5M$2.1M20xas long as short
Lighter MU+0.0224%1h1,043.9−0.011%$1.0M$4.8M20xas long as short
Arcus MU-USDshort+0.0226%1h1,043.8−0.014%$63K$236K10x
Phoenix MU+0.0230%1h1,044.7+0.070%$534K$303K15xas long as short
Bullet MU-USD+0.0235%1h1,044.1+0.011%$25K$399K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0488%1h1,043.8−0.014%$57K$216K10xas long as short
Extended MU_24_5-USD+0.0672%1h1,042.7−0.118%$539K$1.1M10xas long as short