Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.035%
Price spread now: Aevo against BloFin−0.090%53s7-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 5 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 −$1 a day on $10k at the current rate, and Aevo is 0.090% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,046.10.0120pay 0.0120% / 8h3h 25m$1.5M$2.0M20x
ShortAevo MU-PERP1,045.10.0080get 0.0010% / 1h25m 30s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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
−$8.4
Price spread: −0.090% → 0.000%
−$8.97
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$45.37
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 min ago; Aevo: 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 BloFin live order book, 7 min ago0.05 bp6.0 bp −$66.2 bp −$626.4 bp −$639doesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0396%4h1,046.6+0.050%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,046−0.005%$21.3M$56.5M20xas long as short
Binance MUUSDT0.0000%8h1,045.4−0.060%$124.4M$521.1M50xas long as short
Bybit MUUSDT0.0000%8h1,045.7−0.036%$18.8M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.2−0.077%$31.0M$99.3M50xas long as short
RISEx MU/USDC0.0000%1h1,045.6−0.047%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.3−0.076%$62.1M$27.8M75xas long as short
Bitget MUUSDT0.0000%8h1,045.4−0.058%$20.5M$41.5M50xas long as short
Variational Omni MU0.0000%8h1,045.4−0.058%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,046.9+0.077%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,045.6−0.042%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046−0.009%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.3−0.072%$73K$475K10xas long as short
HTX MU-USDT0.0000%8h1,045.2−0.079%$130K$432K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,045.7−0.032%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,045.2−0.078%$7.0M$17.9M10xas long as short
Lighter MU+0.0032%1h1,045.4−0.063%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.3−0.071%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,044.7−0.126%$549K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.508%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,045.9−0.019%$71K$233K10xas long as short
Nado MU-PERP+0.0041%1h1,045.1−0.093%$281K$828K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.002%$176K25xas long as short
Bullet MU-USD+0.0048%1h1,045.4−0.061%$25K$394K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,045.1−0.091%$176.9M$96.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.1−0.091%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.5−0.054%$686K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,045.4−0.060%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045.9−0.014%$1.9M$2.2M10xas long as short
Aevo MU-PERPshort+0.0080%1h1,045.1−0.090%$32K$1K10x
Pacifica MU+0.0100%1h1,045.4−0.062%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.5−0.054%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8−0.023%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.027%$831$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,045.6−0.048%$752K$1.2M10xas long as short
BloFin MU-USDTlong+0.0120%8h1,046.1long leg$1.5M$2.0M20x
Phoenix MU+0.0305%1h1,045.9−0.014%$535K$271K15xas long as short