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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.032%
Price spread now: RISEx against Bybit−0.036%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.236% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.036%, 7d avg +0.007%
Together, before fees+0.040%+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MUUSDT1,037.90get 0.0000% / 8h49m 07s$18.7M$32.2M100x
ShortRISEx MU/USDC1,037.50get 0.0000% / 1h49m 07s$313K$385K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bybit. 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
$0
Price spread: −0.036% → +0.007%
−$4.29
Slippage, 4 orders
−$6.63
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$27.92
Costs to cover
0.236%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; RISEx: live order book, 54 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 Bybit live order book, 5 min ago1.35 bp8.1 bp −$812.5 bp −$12531.8 bp −$3,182doesn't fit
Sell RISEx live order book, 54 min ago0.63 bp3.6 bp −$45.1 bp −$51doesn't fitdoesn'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−0.0547%4h1,036.2−0.162%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0218%8h1,038+0.010%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.3+0.037%$21.2M$64.8M20xas long as short
Binance MUUSDT0.0000%8h1,037.9+0.003%$122.1M$538.3M50xas long as short
Bybit MUUSDTlong0.0000%8h1,037.9long leg$18.7M$32.2M100x
OKX MU-USDT-SWAP0.0000%8h1,037.8−0.013%$29.8M$100.1M50xas long as short
RISEx MU/USDCshort0.0000%1h1,037.5−0.036%$313K$385K20x
Gate MU_USDT0.0000%8h1,037.6−0.030%$61.5M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,036.2−0.159%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.4−0.142%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.5−0.137%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.4+0.145%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.5−0.040%$74K$593K10xas long as short
HTX MU-USDT0.0000%8h1,037.3−0.058%$128K$460K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,036.1−0.169%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,037.3−0.053%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,037.8−0.005%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.4−0.047%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.299%$19K$5K12xas long as short
Nado MU-PERP+0.0034%1h1,037.2−0.067%$279K$809K10xas long as short
Arcus MU-USD+0.0040%1h1,036−0.181%$90K$244K10xas long as short
Bullet MU-USD+0.0044%1h1,037.6−0.027%$25K$389K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.2−0.065%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.5−0.037%$176.4M$84.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.3−0.056%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.4−0.049%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.7−0.215%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,037.6−0.031%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.2−0.068%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.8+0.087%$734K$1.2M10xas long as short
Lighter MU+0.0088%1h1,037.90.000%$1.0M$4.9M20xas long as short
Pacifica MU+0.0100%1h1,037.4−0.050%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.4−0.044%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036.5−0.129%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.6−0.024%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.8−0.011%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,035.6−0.220%$530K$270K15xas long as short