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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.040%
Price spread now: RISEx against Extended+0.077%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$160.164% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.077%, 7d avg +0.052%
Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.025% dearer against Extended than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,050.10.0272pay 0.0034% / 1h2m 49s$558K$1.2M10x
ShortRISEx MU/USDC1,050.90.0312get 0.0039% / 1h2m 49s$316K$340K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Extended. 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
$8.34
Price spread: +0.077% → +0.052%
$2.47
Slippage, 4 orders
−$5.35
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$5.55
Costs to cover
0.164%
Break-even
11.7 days
Slippage from Extended: live order book, just now; RISEx: live order book, 5 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 Extended live order book, just now0.05 bp3.3 bp −$316.1 bp −$161doesn't fitdoesn't fit
Sell RISEx live order book, 5 min ago1.71 bp4.7 bp −$55.1 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−0.0631%4h1,051.5+0.135%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,050.6+0.050%$62.6M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,050.6+0.050%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,051.9+0.174%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.3+0.020%$65K$313K10xas long as short
HTX MU-USDT0.0000%8h1,050.5+0.036%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,051+0.087%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,050.5+0.044%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.123%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.8+0.164%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0048%1h1,050.5+0.041%$1.1M$4.8M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.5+0.041%$171K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.5+0.036%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.9−0.015%$2.0M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,050.6+0.054%$7.6M$21.1M10xas long as short
Paradex MU-USD-PERP+0.0083%8h1,051+0.084%$2K5xas long as short
Nado MU-PERP+0.0085%1h1,050.5+0.044%$274K$857K10xas long as short
Pacifica MU+0.0100%1h1,050.8+0.066%$149K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.5+0.041%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.9+0.171%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.7+0.060%$835$79920xas long as short
OKX MU-USDT-SWAP+0.0105%8h1,050.6+0.054%$30.9M$101.6M50xas long as short
Aevo MU-PERP+0.0152%1h1,050.4+0.034%$32K$1K10xas long as short
Bullet MU-USD+0.0168%1h1,050.7+0.060%$26K$396K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,050.5+0.039%$762K$1.2M10xas long as short
Bybit MUUSDT+0.0189%8h1,051+0.085%$19.4M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0194%1h1,050.4+0.031%$178.4M$100.2M10xas long as short
Arcus MU-USD+0.0240%1h1,051.1+0.094%$71K$242K10xas long as short
Variational Omni MU+0.0256%8h1,051.6+0.141%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0268%8h1,051+0.088%$21.6M$48.4M20xas long as short
Binance MUUSDT+0.0271%8h1,050.6+0.053%$126.3M$521.5M50xas long as short
Extended MU_24_5-USDlong+0.0272%1h1,050.1long leg$558K$1.2M10x
RISEx MU/USDCshort+0.0312%1h1,050.9+0.077%$316K$340K20x
Phoenix MU+0.0383%1h1,051.6+0.146%$538K$306K15xas long as short
BloFin MU-USDT+0.0391%8h1,050.6+0.054%$1.5M$2.0M20xas long as short
Bitget MUUSDT+0.0417%8h1,050.9+0.075%$20.6M$41.6M50xas long as short
GRVT MU_USDT_Perp+0.0582%8h1,051.5+0.137%$83K$1.3M10xas long as short