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−0.0072%/8h= −7.9% APRnext payment $0.72 per $10,000 · paid last 24h −0.007%
Price spread now: SunX against Aster+0.159%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.026%−$3 on $10k
Price spread, last 3 days (all we have)−0.150%−$15 · spread now +0.159%, 7d avg +0.140%
Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.140%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,044.80.0072pay 0.0072% / 8h1h 27m$21.5M$47.4M20x
ShortSunX MU-USDT1,046.40get 0.0000% / 8h1h 27m$11K$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$15.13
Price spread: +0.159% → +0.140%
$1.93
Slippage, 4 orders
−$53.6
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$82.8
Costs to cover
0.696%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; SunX: live order book, 12 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, 2 min ago0.57 bp5.7 bp −$67.7 bp −$77doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago21.58 bp32.5 bp −$32doesn'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−0.0856%4h1,044.1−0.067%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,044.1−0.061%$62.9M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,043.2−0.148%$189K$3.3M20xas long as short
SunX MU-USDTshort0.0000%8h1,046.4+0.159%$11K$6.6M10x
HTX MU-USDT0.0000%8h1,043.7−0.098%$125K$441K50xas long as short
OKX MU-USDT-SWAP+0.0027%8h1,044.2−0.053%$30.9M$104.9M50xas long as short
Aftermath Perps MUUSD+0.0031%1h1,043.8−0.094%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,044−0.070%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.569%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.085%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,044−0.073%$165K$189K10xas long as short
SoDEX MU-USD+0.0050%1h1,044.1−0.061%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.160%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,044.4−0.038%$7.8M$24.2M10xas long as short
Aster MUUSD1long+0.0072%8h1,044.8long leg$21.5M$47.4M20x
Bitget MUUSDT+0.0096%8h1,044.2−0.055%$20.4M$43.1M50xas long as short
Pacifica MU+0.0100%1h1,043.7−0.102%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.5−0.123%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044−0.071%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.2−0.052%$830$79920xas long as short
Aevo MU-PERP+0.0120%1h1,043.9−0.080%$33K10xas long as short
Variational Omni MU+0.0129%8h1,043.8−0.090%$2.6M$2.7Mas long as short
Paradex MU-USD-PERP+0.0132%8h1,044.2−0.053%$2K5xas long as short
Binance MUUSDT+0.0151%8h1,044.3−0.047%$124.9M$536.0M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.9−0.083%$756K$1.4M10xas long as short
Lighter MU+0.0192%1h1,044.1−0.064%$1.0M$4.8M20xas long as short
Nado MU-PERP+0.0209%1h1,043.4−0.127%$266K$868K10xas long as short
GRVT MU_USDT_Perp+0.0210%8h1,044.6−0.020%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0235%8h1,044.5−0.026%$19.2M$32.6M100xas long as short
Bullet MU-USD+0.0267%1h1,044.4−0.035%$26K$398K10xas long as short
BloFin MU-USDT+0.0271%8h1,044.3−0.045%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0330%1h1,043.9−0.083%$176.3M$107.1M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0383%1h1,044−0.073%$61K$247K10xas long as short
Phoenix MU+0.0383%1h1,044.4−0.035%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,044−0.076%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044.7−0.011%$295K$338K20xas long as short
Extended MU_24_5-USD+0.0648%1h1,043.1−0.160%$541K$1.1M10xas long as short