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+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h −0.012%
Price spread now: Aevo against Deribit−0.058%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.058% cheaper against Deribit than usual: you would sell low and buy high (spread −0.058% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 6.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit MU_USDC-PERPETUAL1,038.30.0049pay 0.0006% / 1h35m 27s$73K$509K10x
ShortAevo MU-PERP1,037.70.0080get 0.0010% / 1h35m 27s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
$6.58
Price spread: −0.058% → 0.000%
−$5.81
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$22.23
Costs to cover
0.230%
Break-even
30.6 days
Slippage unknown: Deribit: live order book, 13 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 Deribit live order book, 13 min ago3.65 bp16.7 bp −$1720.6 bp −$206doesn'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−0.0056%4h1,039+0.066%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,039.3+0.098%$21.1M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,039.2+0.083%$121.5M$526.8M50xas long as short
Bybit MUUSDT0.0000%8h1,039.1+0.079%$18.5M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.7+0.033%$30.1M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,039+0.062%$335K$353K20xas long as short
Gate MU_USDT0.0000%8h1,038.7+0.039%$61.6M$28.2M75xas long as short
Bitget MUUSDT0.0000%8h1,039+0.062%$20.4M$40.9M50xas long as short
Variational Omni MU0.0000%8h1,038.2−0.006%$2.6M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,039.6+0.123%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,039.4+0.104%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,040.1+0.173%$11K$5.7M10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.005%$127K$447K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,038.7+0.033%$3K$44K10xas long as short
Nado MU-PERP+0.0022%1h1,038.4+0.013%$278K$819K10xas long as short
QFEX MU-USD+0.0023%1h1,038.9+0.054%$7.0M$17.9M10xas long as short
Bullet MU-USD+0.0025%1h1,039+0.066%$26K$391K10xas long as short
Lighter RH MU+0.0032%1h1,038.8+0.043%$1.2M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038.1−0.016%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.257%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.5+0.013%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.6+0.028%$174K25xas long as short
Deribit MU_USDC-PERPETUALlong+0.0049%1h1,038.3long leg$73K$509K10x
tradeXYZ xyz:MU+0.0050%1h1,038.6+0.028%$176.5M$92.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.4+0.009%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.1−0.020%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.7−0.059%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,039+0.067%$2K5xas long as short
Aevo MU-PERPshort+0.0080%1h1,037.7−0.058%$32K$1K10x
Lighter MU+0.0096%1h1,039+0.062%$1.0M$4.9M20xas long as short
Pacifica MU+0.0100%1h1,038.7+0.035%$146K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.4+0.005%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.8+0.042%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.003%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,039.6+0.128%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,037.9−0.042%$741K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,037.9−0.039%$531K$270K15xas long as short