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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Aftermath Perps+1.674%55s7-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 4 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 $0 a day on $10k at the current rate, and Injective is 1.674% dearer against Aftermath Perps than usual: you sell high and buy low: +$167 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,034.10.0023pay 0.0003% / 1h52m 31s$3K$43K10x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h52m 31s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$2.27
Price spread: +1.674% → 0.000%
$167.38
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$160.63
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Injective: no order-book sample. 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 Injective no order-book sample
Aftermath Perps and Injective: 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−0.0494%4h1,034.1+0.009%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0111%8h1,031.7−0.227%$19.9M$40.7M50xas long as short
Aster MUUSD10.0000%8h1,032.8−0.121%$21.1M$68.4M20xas long as short
Binance MUUSDT0.0000%8h1,032.2−0.182%$121.7M$538.9M50xas long as short
Bybit MUUSDT0.0000%8h1,031.7−0.226%$18.7M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,031.6−0.233%$29.6M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,032.4−0.164%$310K$381K20xas long as short
Gate MU_USDT0.0000%8h1,031.3−0.268%$61.9M$27.6M75xas long as short
Variational Omni MU0.0000%8h1,035.2+0.114%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,033.3−0.070%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,032.6−0.138%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,033.5−0.057%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,031.8−0.218%$124K$485K50xas long as short
Bullet MU-USD+0.0015%1h1,031.8−0.218%$25K$389K10xas long as short
Aftermath Perps MUUSDlong+0.0023%1h1,034.1long leg$3K$43K10x
QFEX MU-USD+0.0027%1h1,031.8−0.214%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,031.6−0.241%$996K$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,031.6−0.235%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,031.5−0.245%$550K$1.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4+1.674%$19K$5K12x
Arcus MU-USD+0.0040%1h1,031.3−0.268%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,031.5−0.243%$177K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,031.3−0.266%$175.0M$79.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,031.2−0.276%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,031.7−0.226%$677K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,031−0.292%$1.9M$2.8M10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,031.4−0.252%$2K5xas long as short
Nado MU-PERP+0.0059%1h1,031.3−0.270%$273K$807K10xas long as short
Aevo MU-PERP+0.0080%1h1,032.1−0.189%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,035.2+0.115%$724K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,031.9−0.212%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032−0.196%$5.1M$4.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.1−0.091%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,032.6−0.145%$821$79920xas long as short
BloFin MU-USDT+0.0120%8h1,031.9−0.204%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,031.9−0.208%$528K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0293%1h1,032.5−0.148%$73K$623K10xas long as short