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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0157%/8h= −17.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.027%
Price spread now: Aevo against Bullet−0.028%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 Aevo is 0.028% cheaper against Bullet than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet MU-USD1,043.50.0277pay 0.0035% / 1h16m 49s$27K$396K10x
ShortAevo MU-PERP1,043.20.0120get 0.0015% / 1h16m 49s$33K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bullet. 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
−$32.95
Price spread: −0.028% → 0.000%
−$2.83
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$59.79
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bullet: live order book, 2 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 Bullet live order book, 2 min ago0.48 bp6.2 bp −$619.3 bp −$193doesn't fitdoesn'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−0.0865%4h1,044.1+0.054%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,043.2−0.026%$62.9M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,043−0.052%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.6+0.200%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,043.2−0.030%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,043.1−0.042%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.691%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0033%1h1,043.50.000%$3K$45K10xas long as short
OKX MU-USDT-SWAP+0.0037%8h1,043.3−0.020%$30.8M$104.8M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.8−0.066%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,043.1−0.038%$165K$197K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.3−0.024%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.5−0.094%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.3−0.020%$7.8M$24.1M10xas long as short
Aster MUUSD1+0.0090%8h1,044+0.043%$21.5M$47.4M20xas long as short
Pacifica MU+0.0100%1h1,042.9−0.057%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.1−0.035%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.001%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.5+0.002%$830$79920xas long as short
Bitget MUUSDT+0.0104%8h1,043.3−0.017%$20.4M$43.0M50xas long as short
Aevo MU-PERPshort+0.0120%1h1,043.2−0.028%$33K10x
Paradex MU-USD-PERP+0.0135%8h1,043.2−0.026%$2K5xas long as short
Variational Omni MU+0.0141%8h1,044+0.048%$2.6M$2.6Mas long as short
Binance MUUSDT+0.0161%8h1,043.4−0.006%$124.7M$535.8M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.2−0.026%$755K$1.4M10xas long as short
Lighter MU+0.0200%1h1,043.3−0.023%$998K$4.8M20xas long as short
GRVT MU_USDT_Perp+0.0218%8h1,044+0.052%$77K$1.4M10xas long as short
Nado MU-PERP+0.0219%1h1,042.4−0.105%$273K$874K10xas long as short
Bybit MUUSDT+0.0245%8h1,043.6+0.008%$19.2M$32.7M100xas long as short
Bullet MU-USDlong+0.0277%1h1,043.5long leg$27K$396K10x
BloFin MU-USDT+0.0281%8h1,043.6+0.007%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0324%1h1,043.2−0.029%$176.2M$106.7M10xas long as short
Phoenix MU+0.0383%1h1,044.2+0.067%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043−0.049%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,043.8+0.031%$295K$338K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0633%1h1,043.2−0.026%$61K$247K10xas long as short
Extended MU_24_5-USD+0.0688%1h1,042.3−0.118%$547K$1.1M10xas long as short