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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.050%
Price spread now: Polymarket Perps against BloFin−0.059%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.302%−$30 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.059%, 7d avg −0.055%
Together, before fees−0.258%−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,034.30.0120pay 0.0120% / 8h2h 26m$1.5M$2.0M20x
ShortPolymarket Perps MU-USD1,033.70.0050get 0.0006% / 1h26m 57s$168K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$14.7
Price spread: −0.059% → −0.055%
−$0.39
Slippage, 4 orders
−$7.76
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$42.85
Costs to cover
0.278%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 20 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 BloFin live order book, 6 min ago0.58 bp6.6 bp −$78.4 bp −$8417.5 bp −$1,751doesn't fit
Sell Polymarket Perps live order book, 20 min ago2.40 bp7.3 bp −$77.7 bp −$779.7 bp −$970doesn'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−0.0305%4h1,036.7+0.229%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0040%8h1,034.5+0.019%$20.3M$41.1M50xas long as short
Aster MUUSD10.0000%8h1,034.4+0.011%$21.0M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,034−0.031%$121.5M$531.9M50xas long as short
Bybit MUUSDT0.0000%8h1,033.9−0.039%$18.5M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.9−0.044%$29.8M$100.2M50xas long as short
RISEx MU/USDC0.0000%1h1,033.9−0.036%$316K$387K20xas long as short
Gate MU_USDT0.0000%8h1,033.9−0.044%$61.3M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,036+0.165%$2.6M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037+0.263%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,034.5+0.019%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,035.2+0.086%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,033.4−0.085%$73K$514K10xas long as short
HTX MU-USDT0.0000%8h1,033.6−0.069%$127K$448K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,035.9+0.150%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,033.8−0.051%$7.0M$18.0M10xas long as short
Bullet MU-USD+0.0026%1h1,034.1−0.022%$25K$389K10xas long as short
Nado MU-PERP+0.0027%1h1,033.7−0.057%$276K$819K10xas long as short
Lighter RH MU+0.0032%1h1,033.8−0.046%$1.2M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,033.4−0.085%$538K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.648%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,035.5+0.112%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.8−0.046%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,033.9−0.040%$175.7M$93.1M10xas long as short
Polymarket Perps MU-USDshort+0.0050%1h1,033.7−0.059%$168K$203K10x
SoDEX MU-USD+0.0050%1h1,034−0.027%$679K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,033.3−0.096%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,034.2−0.012%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,033.5−0.075%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,034.1−0.016%$147K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,033.9−0.044%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036+0.166%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033.7−0.064%$822$79920xas long as short
Lighter MU+0.0104%1h1,034.4+0.005%$1.0M$4.9M20xas long as short
BloFin MU-USDTlong+0.0120%8h1,034.3long leg$1.5M$2.0M20x
Coinbase International MU-PERP-INTX+0.0144%1h1,036.2+0.185%$733K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,035+0.067%$529K$270K15xas long as short