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−0.0062%/8h= −6.8% APRpaid last 24h +0.034%
Price spread now: Pacifica against Aster−0.039%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.259% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.039%, 7d avg −0.035%
Together, before fees+0.165%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.152%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,046.30.0162pay 0.0162% / 8h6m 08s$21.5M$47.3M20x
ShortPacifica MU1,045.90.0100get 0.0013% / 1h6m 08s$153K$180K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$12.96
Price spread: −0.039% → −0.035%
−$0.46
Slippage, 4 orders
−$9.86
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$39.28
Costs to cover
0.259%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Pacifica: live order book, 7 min ago.

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, 3 min ago1.05 bp5.1 bp −$56.6 bp −$66doesn't fitdoesn't fit
Sell Pacifica live order book, 7 min ago2.30 bp7.8 bp −$8doesn't fitdoesn't fitdoesn't fit

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−0.0332%4h1,045.5−0.080%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.7−0.056%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.2−0.108%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.6+0.122%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.7−0.064%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0027%1h1,045.2−0.103%$3K$46K10xas long as short
Lighter RH MU+0.0032%1h1,045.5−0.083%$1.2M$4.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.419%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.6−0.065%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.4−0.088%$169K$195K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.9−0.045%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.161%$2.0M$2.7M10xas long as short
Lighter MU+0.0072%1h1,045.5−0.082%$1.0M$5.0M20xas long as short
OKX MU-USDT-SWAP+0.0072%8h1,045.9−0.040%$30.9M$104.4M50xas long as short
QFEX MU-USD+0.0080%1h1,045.8−0.054%$7.9M$23.8M10xas long as short
Pacifica MUshort+0.0100%1h1,045.9−0.039%$153K$180K10x
KuCoin MUUSDTM+0.0100%8h1,045.5−0.080%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.071%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.7−0.060%$831$79920xas long as short
Paradex MU-USD-PERP+0.0101%8h1,045.7−0.064%$2K5xas long as short
Bullet MU-USD+0.0106%1h1,045.9−0.040%$26K$394K10xas long as short
Bitget MUUSDT+0.0114%8h1,045.8−0.048%$20.4M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.7−0.064%$33K10xas long as short
Nado MU-PERP+0.0153%1h1,044.9−0.132%$272K$875K10xas long as short
Aster MUUSD1long+0.0162%8h1,046.3long leg$21.5M$47.3M20x
Variational Omni MU+0.0166%8h1,045.8−0.046%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0181%8h1,046−0.031%$124.4M$530.7M50xas long as short
tradeXYZ xyz:MU+0.0196%1h1,045.7−0.059%$177.2M$104.7M10xas long as short
GRVT MU_USDT_Perp+0.0204%8h1,045.9−0.038%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.134%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0258%8h1,046.1−0.022%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0300%8h1,046−0.029%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0304%1h1,044.8−0.146%$549K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.9−0.040%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.6−0.066%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,046−0.027%$314K$340K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0544%1h1,045.6−0.065%$62K$289K10xas long as short