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+0.0138%/8h= +15.1% APRpaid last 24h +0.022%
Price spread now: Bybit against Aftermath Perps+0.075%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 +$4 a day on $10k at the current rate, and Bybit is 0.075% dearer against Aftermath Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,043.60.0022pay 0.0003% / 1h28m 16s$3K$44K10x
ShortBybit MUUSDT1,044.40.0160get 0.0160% / 8h2h 28m$19.1M$32.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$28.98
Price spread: +0.075% → 0.000%
$7.51
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$16.5
Costs to cover
0.200%
Break-even
3.0 days
Slippage unknown: Aftermath Perps: no order-book sample; Bybit: live order book, just now. 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 Bybit live order book, just now0.05 bp7.6 bp −$811.9 bp −$11928.9 bp −$2,890doesn'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−0.0845%4h1,043.7+0.013%$1.3M$674K10xas long as short
Aster MUUSD10.0000%8h1,044.4+0.082%$21.5M$43.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.1+0.047%$30.7M$104.4M50xas long as short
Gate MU_USDT0.0000%8h1,044+0.043%$63.0M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,042.7−0.081%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046+0.235%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,044+0.041%$125K$443K50xas long as short
Aftermath Perps MUUSDlong+0.0022%1h1,043.6long leg$3K$44K10x
Lighter RH MU+0.0032%1h1,043.9+0.032%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.683%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0038%8h1,043.9+0.030%$2.7M$2.7Mas long as short
Vest MU-USD-PERP+0.0046%1h1,043.8+0.024%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.7+0.011%$165K$176K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.051%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0057%1h1,044.2+0.060%$7.8M$24.1M10xas long as short
SoDEX MU-USD+0.0060%1h1,044+0.044%$685K$16K10xas long as short
Bitget MUUSDT+0.0060%8h1,044.1+0.045%$20.5M$42.9M50xas long as short
Binance MUUSDT+0.0073%8h1,044.1+0.046%$124.8M$540.2M50xas long as short
Aevo MU-PERP+0.0096%1h1,044+0.039%$33K10xas long as short
Pacifica MU+0.0100%1h1,044.1+0.046%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.5−0.007%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.012%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.2+0.054%$830$79920xas long as short
Paradex MU-USD-PERP+0.0108%8h1,044.1+0.053%$2K5xas long as short
GRVT MU_USDT_Perp+0.0126%8h1,043.9+0.028%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.3−0.032%$756K$1.8M10xas long as short
Bybit MUUSDTshort+0.0160%8h1,044.4+0.075%$19.1M$32.4M100x
tradeXYZ xyz:MU+0.0172%1h1,044.1+0.049%$176.4M$107.0M10xas long as short
BloFin MU-USDT+0.0191%8h1,044.3+0.066%$1.5M$2.1M20xas long as short
Nado MU-PERP+0.0192%1h1,043.3−0.024%$307K$845K10xas long as short
RISEx MU/USDC+0.0202%1h1,044.3+0.065%$288K$331K20xas long as short
Lighter MU+0.0224%1h1,044+0.041%$1.0M$4.8M20xas long as short
Arcus MU-USD+0.0226%1h1,044+0.042%$63K$236K10xas long as short
Bullet MU-USD+0.0230%1h1,044.1+0.049%$25K$399K10xas long as short
Phoenix MU+0.0230%1h1,044.1+0.049%$534K$303K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0315%1h1,044.1+0.045%$57K$212K10xas long as short
Extended MU_24_5-USD+0.0616%1h1,042.9−0.067%$539K$1.0M10xas long as short