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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Aevo against ApeX Omni−0.064%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.064% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,045.90.0100pay 0.0013% / 1h23m 18s$71K$266K50x
ShortAevo MU-PERP1,045.20.0128get 0.0016% / 1h23m 18s$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
$5.88
Price spread: −0.064% → 0.000%
−$6.44
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$26.56
Costs to cover
0.260%
Break-even
38.6 days
Slippage unknown: ApeX Omni: live order book, 54 min ago; Aevo: 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 ApeX Omni live order book, 54 min ago7.38 bp19.5 bp −$20180.5 bp −$1,805doesn't fitdoesn't fit
Sell Aevo no order-book sample
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−0.0561%4h1,045.3−0.052%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.3−0.052%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.3−0.058%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.1+0.120%$11K$6.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.2−0.061%$62K$274K10xas long as short
HTX MU-USDT0.0000%8h1,045.3−0.057%$129K$455K50xas long as short
Aftermath Perps MUUSD+0.0030%1h1,045−0.081%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.4−0.047%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.462%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.7−0.021%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,045.2−0.065%$169K$189K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.3−0.060%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.125%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0073%8h1,045.4−0.042%$30.8M$105.0M50xas long as short
Lighter MU+0.0080%1h1,045.2−0.063%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.5−0.038%$7.8M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.5−0.033%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.2−0.062%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,045.9long leg$71K$266K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.3−0.054%$831$79920xas long as short
Paradex MU-USD-PERP+0.0116%8h1,045.4−0.048%$2K5xas long as short
Bitget MUUSDT+0.0120%8h1,045.4−0.048%$20.4M$43.5M50xas long as short
Bullet MU-USD+0.0121%1h1,045.4−0.046%$25K$394K10xas long as short
Aevo MU-PERPshort+0.0128%1h1,045.2−0.064%$33K10x
Aster MUUSD1+0.0161%8h1,045.9−0.001%$21.5M$47.3M20xas long as short
Nado MU-PERP+0.0167%1h1,045.2−0.066%$271K$875K10xas long as short
Variational Omni MU+0.0183%8h1,045.3−0.058%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0190%8h1,045.5−0.040%$124.3M$533.1M50xas long as short
tradeXYZ xyz:MU+0.0206%1h1,045.2−0.065%$176.6M$104.5M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.092%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0226%8h1,045.3−0.059%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0268%8h1,045.5−0.033%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0310%8h1,045.5−0.040%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0408%1h1,045−0.084%$541K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,046.1+0.021%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.1−0.076%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.8−0.011%$316K$339K20xas long as short