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−0.0169%/8h= −18.5% APRpaid last 24h −0.012%
Price spread now: Aftermath Perps against Binance−0.081%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aftermath Perps is 0.081% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,045.60.0205pay 0.0205% / 8h50m 04s$124.8M$533.0M50x
ShortAftermath Perps MUUSD1,044.70.0036get 0.0004% / 1h50m 04s$3K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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
−$35.46
Price spread: −0.081% → 0.000%
−$8.13
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$62.59
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Aftermath Perps: 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 Binance live order book, 9 min ago0.05 bp5.0 bp −$56.2 bp −$6217.7 bp −$1,768doesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.0511%4h1,045.1−0.049%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.3−0.023%$63.0M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,044.5−0.099%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.7+0.201%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.1−0.047%$124K$443K50xas long as short
Lighter RH MU+0.0032%1h1,045.1−0.050%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.491%$14K$30212xas long as short
Aftermath Perps MUUSDshort+0.0036%1h1,044.7−0.081%$3K$45K10x
Vest MU-USD-PERP+0.0046%1h1,045.1−0.043%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.2−0.036%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,044.5−0.107%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0075%8h1,045.4−0.013%$30.8M$105.1M50xas long as short
QFEX MU-USD+0.0080%1h1,045.5−0.007%$7.8M$24.0M10xas long as short
Pacifica MU+0.0100%1h1,045.6−0.002%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.6−0.096%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.1−0.048%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.6−0.002%$831$79920xas long as short
Aevo MU-PERP+0.0128%1h1,045.3−0.025%$33K10xas long as short
Bitget MUUSDT+0.0132%8h1,045.3−0.026%$20.5M$43.6M50xas long as short
SoDEX MU-USD+0.0136%1h1,045.3−0.023%$686K$16K10xas long as short
Aster MUUSD1+0.0154%8h1,046+0.044%$21.5M$47.3M20xas long as short
Paradex MU-USD-PERP+0.0156%8h1,045.3−0.025%$2K5xas long as short
Variational Omni MU+0.0189%8h1,045.5−0.008%$2.6M$2.5Mas long as short
Binance MUUSDTlong+0.0205%8h1,045.6long leg$124.8M$533.0M50x
Lighter MU+0.0208%1h1,045.2−0.035%$996K$4.7M20xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.6−0.003%$757K$1.4M10xas long as short
GRVT MU_USDT_Perp+0.0245%8h1,045.3−0.022%$77K$1.4M10xas long as short
Nado MU-PERP+0.0259%1h1,044.6−0.094%$270K$874K10xas long as short
Bullet MU-USD+0.0262%1h1,045.5−0.007%$25K$395K10xas long as short
Bybit MUUSDT+0.0281%8h1,045.6+0.004%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0314%1h1,045.2−0.036%$176.6M$105.6M10xas long as short
BloFin MU-USDT+0.0323%8h1,045.6−0.002%$1.4M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,045.4−0.017%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.1−0.049%$73K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.9+0.034%$316K$339K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0545%1h1,045.2−0.037%$62K$255K10xas long as short
Extended MU_24_5-USD+0.0720%1h1,044.1−0.144%$540K$1.1M10xas long as short