Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.009%

Price spread now: Aftermath Perps against edgeX−0.070%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.070% cheaper against edgeX than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MUUSDC	1,042.3	−0.0030	get 0.0015% / 4h	2h 53m	$1.3M	$671K	10x
Short	Aftermath Perps MUUSD	1,041.5	0.0020	get 0.0002% / 1h	53m 25s	$3K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.070%Rate

Funding earned: $10.41
Price spread: −0.070% → 0.000%: −$6.98
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$14.57
Costs to cover: 0.180%
Break-even: 16.8 days

Slippage unknown: edgeX: live order book, just now; Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, just now	0.29 bp	4.9 bp −$5	6.8 bp −$68	29.9 bp −$2,994	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDClong	−0.0030%	4h	1,042.3	long leg	$1.3M	$671K	10x
Aster MUUSD1	0.0000%	8h	1,043.6	+0.131%	$21.2M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,043.4	+0.106%	$123.1M	$526.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,043.3	+0.100%	$18.6M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.2	+0.085%	$30.5M	$99.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,043.5	+0.114%	$337K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.1	+0.081%	$61.9M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.3	+0.100%	$20.5M	$41.7M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,042.8	+0.055%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.1	−0.012%	$83K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,042.6	+0.035%	$189K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044	+0.169%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,042.9	+0.056%	$73K	$498K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.2	−0.002%	$128K	$439K	50x	as long as short
Aftermath Perps MUUSDshort	+0.0020%	1h	1,041.5	−0.070%	$3K	$44K	10x
QFEX MU-USD	+0.0023%	1h	1,043.1	+0.080%	$7.0M	$18.1M	10x	as long as short
Nado MU-PERP	+0.0029%	1h	1,042.9	+0.066%	$281K	$821K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.1	+0.084%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.5	+0.025%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.873%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042	−0.026%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.5	+0.115%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0050%	1h	1,043.1	+0.084%	$26K	$392K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043	+0.071%	$177.3M	$93.5M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043	+0.071%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.9	+0.058%	$684K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.5	−0.076%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,043.2	+0.093%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,042.4	+0.013%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043.1	+0.080%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043	+0.074%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,041.9	−0.034%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,042.8	+0.055%	$829	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.8	+0.051%	$1.5M	$2.0M	20x	as long as short
Lighter MU	+0.0136%	1h	1,043.5	+0.122%	$1.1M	$4.9M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,041.2	−0.103%	$746K	$1.1M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,043	+0.071%	$534K	$270K	15x	as long as short