Funding arb · Price arb / RWA

MU

RWAAll MU markets →

LONGAZAZverse▾Reya −0.0482%Nado −0.0001%Aster 0.0000%RISEx 0.0000%QFEX 0.0000%KuCoin 0.0000%Bitget 0.0000%StandX 0.0000%SunX 0.0000%Gate +0.0022%Lighter +0.0032%Lighter RH +0.0032%Extended +0.0032%Injective +0.0033%Arcus +0.0038%Vest Markets +0.0046%Popdex +0.0048%tradeXYZ +0.0050%Backpack +0.0050%Polymarket Perps +0.0050%HTX +0.0093%ApeX Omni +0.0100%Phemex +0.0100%TxFlow +0.0100%Orderly +0.0114%Aevo +0.0120%Variational Omni +0.0135%edgeX +0.0141%Binance +0.0145%MEXC +0.0147%Pacifica +0.0209%Kraken Futures +0.0216%AZverse +0.0233%Paradex +0.0237%Ondo Perps +0.0238%GRVT +0.0265%Bybit +0.0266%BloFin +0.0268%Phoenix +0.0269%SoDEX +0.0360%BingX +0.0390%OKX +0.0400%Avantis +0.0460%Bullet +0.0573%Aftermath Perps +0.0623%

⇄⇅

SHORTDeribit▾Aftermath Perps +0.0623%Bullet +0.0573%Avantis −0.0423%OKX +0.0400%BingX +0.0390%SoDEX +0.0360%Phoenix +0.0269%BloFin +0.0268%Bybit +0.0266%GRVT +0.0265%Ondo Perps +0.0238%Paradex +0.0237%Kraken Futures +0.0216%Pacifica +0.0209%MEXC +0.0147%Binance +0.0145%edgeX +0.0141%Variational Omni +0.0135%Aevo +0.0120%Orderly +0.0114%ApeX Omni +0.0100%Phemex +0.0100%TxFlow +0.0100%HTX +0.0093%tradeXYZ +0.0050%Backpack +0.0050%Polymarket Perps +0.0050%Popdex +0.0048%Vest Markets +0.0046%Arcus +0.0038%Injective +0.0033%Lighter +0.0032%Lighter RH +0.0032%Extended +0.0032%Gate +0.0022%Aster 0.0000%RISEx 0.0000%QFEX 0.0000%KuCoin 0.0000%Bitget 0.0000%StandX 0.0000%SunX 0.0000%Deribit 0.0000%Nado −0.0001%Reya −0.0482%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZAZversemu_usdt	893.19	+0.0233	pay 0.0029% / 1h	48m 57s	$953K	$259K	—	Long AZverse
SHORT	DeribitMU_USDC-PERPETUAL	891.56	0	0.0000% / 1h	48m 57s	$619K	$816K	10x	Short Deribit

Price gap−0.182%

Funding gap−0.0233% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.027% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 17 hours it paid −0.004% in total, about −0.0019%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.182%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AZverseDeribit

MU on 46 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for AZverse: its slippage is not counted.
• i
  Note: Margin at max leverage— + $1,000

  AZverse —, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long AZverse · 1h−$6.99

  Short Deribit · 1h$0.00

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$6.99Long AZverse: 24 payments, −$6.99; short Deribit: 24 payments, $0.00.
• !
  Watch: Gap narrower than usual−0.182% vs −0.156%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$619K vs $953K OI

  Deribit sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCAZverse No · Deribit Yes

  ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0019%/8h × 21 periods−$4.08

Price spread−0.182% → −0.156% (7d avg)−$2.67

Slippage, 4 ordersno data for AZverse—

Fee AZverse bp × 2 orders−$12.00

Fee Deribit bp × 2 orders−$7.00

Net, fees only · 7 days · $10k−$25.74

Costs to cover0.190%Break-evennever at this rate

Slippage: AZverse: no order-book sample; Deribit: live order book, 65 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAZverse—————

SELL · SHORTDeribit0.066.2 bp−$612.9 bp−$129doesn’t fitdoesn’t fit

Closing costs about the same again.
AZverse: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →

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