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−0.0024%/8h= −2.7% APRnext payment $0.03 per $10,000 · paid last 24h +0.031%
Price spread now: RISEx against Aftermath Perps−0.035%7-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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.035% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,030.60.0024pay 0.0003% / 1h41m 51s$3K$43K10x
ShortRISEx MU/USDC1,030.20get 0.0000% / 1h41m 51s$310K$380K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$5.13
Price spread: −0.035% → 0.000%
−$3.54
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$23.67
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; RISEx: live order book, 56 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 RISEx live order book, 56 min ago0.92 bp3.9 bp −$45.0 bp −$50doesn'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−0.0734%4h1,030.8+0.027%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0080%8h1,030.2−0.036%$19.9M$40.2M50xas long as short
Aster MUUSD10.0000%8h1,030.5−0.010%$21.1M$68.7M20xas long as short
Binance MUUSDT0.0000%8h1,030−0.056%$121.3M$543.5M50xas long as short
Bybit MUUSDT0.0000%8h1,029.9−0.061%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,030−0.059%$29.5M$100.9M50xas long as short
RISEx MU/USDCshort0.0000%1h1,030.2−0.035%$310K$380K20x
Gate MU_USDT0.0000%8h1,029.7−0.081%$61.7M$27.9M75xas long as short
Variational Omni MU0.0000%8h1,030.2−0.031%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,031.3+0.074%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,030.8+0.022%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,031+0.043%$11K$5.4M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,029.6−0.098%$73K$626K10xas long as short
HTX MU-USDT0.0000%8h1,029.7−0.080%$119K$492K50xas long as short
Aftermath Perps MUUSDlong+0.0024%1h1,030.6long leg$3K$43K10x
QFEX MU-USD+0.0027%1h1,029.9−0.061%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,029.8−0.073%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,029.5−0.098%$543K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.018%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,029.6−0.089%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,029.8−0.074%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,029.6−0.093%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,030−0.059%$676K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,029.5−0.099%$1.9M$2.9M10xas long as short
Lighter MU+0.0056%1h1,029.9−0.062%$989K$4.9M20xas long as short
Paradex MU-USD-PERP+0.0057%8h1,030−0.055%$2K5xas long as short
tradeXYZ xyz:MU+0.0061%1h1,029.8−0.074%$174.2M$80.5M10xas long as short
Aevo MU-PERP+0.0080%1h1,029.2−0.132%$32K$1K10xas long as short
Nado MU-PERP+0.0081%1h1,029.9−0.068%$272K$806K10xas long as short
Bullet MU-USD+0.0086%1h1,029.9−0.064%$25K$389K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.1−0.043%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,029.7−0.086%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,029.7−0.085%$5.1M$4.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032+0.141%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,029.7−0.080%$819$79920xas long as short
BloFin MU-USDT+0.0120%8h1,030.8+0.021%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,031.9+0.130%$528K$270K15xas long as short