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+0.0033%/8h= +3.6% APRpaid last 24h +0.007%
Price spread now: Injective against Aster+0.585%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−0.061%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.585% dearer against Aster than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,044.60get 0.0000% / 8h2h 26m$21.5M$43.2M20x
ShortInjective MU/USDC PERP1,050.70.0033get 0.0004% / 1h26m 59s$14K$30212x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Aster. 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
$7
Price spread: +0.585% → 0.000%
$58.51
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$57.49
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: live order book, 2 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 Aster live order book, 2 min ago0.86 bp4.9 bp −$57.8 bp −$78doesn'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 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%4h1,043.7−0.083%$1.3M$674K10xas long as short
Aster MUUSD1long0.0000%8h1,044.6long leg$21.5M$43.2M20x
OKX MU-USDT-SWAP0.0000%8h1,044.2−0.043%$30.7M$104.4M50xas long as short
Gate MU_USDT0.0000%8h1,044.2−0.034%$63.0M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,043−0.153%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.1+0.143%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,043.9−0.071%$125K$443K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,043.7−0.086%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,044−0.056%$1.1M$4.3M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,050.7+0.585%$14K$30212x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0038%8h1,043.9−0.067%$2.7M$2.7Mas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.069%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.096%$165K$176K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.148%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0057%1h1,044.2−0.036%$7.8M$24.1M10xas long as short
SoDEX MU-USD+0.0057%1h1,044.3−0.033%$685K$16K10xas long as short
Bitget MUUSDT+0.0061%8h1,044.1−0.046%$20.5M$42.9M50xas long as short
Binance MUUSDT+0.0076%8h1,044.3−0.031%$124.8M$540.3M50xas long as short
Aevo MU-PERP+0.0096%1h1,044−0.062%$33K10xas long as short
Pacifica MU+0.0100%1h1,043.4−0.119%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.6−0.100%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.109%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.3−0.032%$830$79920xas long as short
Paradex MU-USD-PERP+0.0109%8h1,043.8−0.075%$2K5xas long as short
GRVT MU_USDT_Perp+0.0126%8h1,043.9−0.069%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.3−0.129%$756K$1.8M10xas long as short
Bybit MUUSDT+0.0163%8h1,044.6−0.001%$19.1M$32.5M100xas long as short
tradeXYZ xyz:MU+0.0180%1h1,044.2−0.038%$176.5M$107.0M10xas long as short
Nado MU-PERP+0.0194%1h1,043.2−0.130%$307K$845K10xas long as short
BloFin MU-USDT+0.0196%8h1,044.2−0.037%$1.5M$2.1M20xas long as short
RISEx MU/USDC+0.0202%1h1,044.1−0.047%$288K$331K20xas long as short
Lighter MU+0.0224%1h1,044.2−0.037%$1.0M$4.8M20xas long as short
Arcus MU-USD+0.0226%1h1,044−0.054%$63K$236K10xas long as short
Bullet MU-USD+0.0229%1h1,044.2−0.039%$25K$399K10xas long as short
Phoenix MU+0.0230%1h1,044.1−0.048%$534K$303K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0325%1h1,044−0.053%$57K$213K10xas long as short
Extended MU_24_5-USD+0.0632%1h1,042.8−0.170%$539K$1.0M10xas long as short