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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.016%
Price spread now: Injective against ApeX Omni+0.103%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 7 days−0.208%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.103% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,050.30.0100pay 0.0013% / 1h58m 09s$71K$268K50x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h58m 09s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.103% → 0.000%
$10.28
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$13.74
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 4 min ago; 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 ApeX Omni live order book, 4 min ago6.23 bp17.0 bp −$17175.3 bp −$1,753doesn't fitdoesn't fit
Sell Injective no order-book sample
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 36 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−0.0458%4h1,050.3+0.003%$1.3M$672K10xas long as short
RISEx MU/USDC0.0000%1h1,050.8+0.053%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.5+0.016%$62.1M$27.4M75xas long as short
StandX MU-USD0.0000%1h1,048.9−0.128%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.3+0.193%$11K$5.9M10xas long as short
HTX MU-USDT0.0000%8h1,050.6+0.029%$129K$427K50xas long as short
Bybit MUUSDT+0.0002%8h1,050.6+0.033%$19.2M$32.5M100xas long as short
GRVT MU_USDT_Perp+0.0011%8h1,050.4+0.016%$79K$1.3M10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,049.5−0.070%$3K$45K10xas long as short
QFEX MU-USD+0.0030%1h1,050.4+0.007%$7.3M$18.7M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,050.6+0.028%$1.2M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.6−0.069%$564K$1.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4+0.103%$19K$5K12x
Arcus MU-USD+0.0040%1h1,049.8−0.047%$71K$235K10xas long as short
OKX MU-USDT-SWAP+0.0043%8h1,050.6+0.029%$31.0M$100.3M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.9+0.062%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.4+0.011%$171K$202K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.8−0.042%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0060%8h1,050.6+0.032%$2K5xas long as short
Lighter MU+0.0096%1h1,050.6+0.034%$1.1M$4.8M20xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.032%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.2−0.012%$149K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.3−0.002%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,050.3long leg$71K$268K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.8+0.053%$835$79920xas long as short
Aster MUUSD1+0.0120%8h1,050.6+0.026%$21.7M$52.0M20xas long as short
Aevo MU-PERP+0.0120%1h1,050.4+0.008%$32K$1K10xas long as short
Nado MU-PERP+0.0127%1h1,049.7−0.051%$279K$851K10xas long as short
Variational Omni MU+0.0151%8h1,050.2−0.008%$2.7M$2.4Mas long as short
SoDEX MU-USD+0.0162%1h1,050.4+0.010%$689K$16K10xas long as short
Binance MUUSDT+0.0170%8h1,050.5+0.022%$126.7M$520.7M50xas long as short
Bitget MUUSDT+0.0173%8h1,050.1−0.014%$20.6M$41.2M50xas long as short
tradeXYZ xyz:MU+0.0198%1h1,050.1−0.017%$178.3M$99.5M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0207%1h1,050.5+0.025%$66K$351K10xas long as short
Bullet MU-USD+0.0208%1h1,050.8+0.047%$26K$396K10xas long as short
Phoenix MU+0.0304%1h1,050.8+0.050%$537K$271K15xas long as short