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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against Extended+0.178%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$310.308% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now +0.178%, 7d avg +0.023%
Together, before fees−0.135%+ Points / potential airdropExtended: Active · farm board−$13 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 SoDEX is 0.155% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,036.70.0032pay 0.0004% / 1h54m 25s$544K$1.1M10x
ShortSoDEX MU-USD1,038.50.0050get 0.0006% / 1h54m 25s$682K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$3.78
Price spread: +0.178% → +0.023%
$15.54
Slippage, 4 orders
−$17.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$11.52
Costs to cover
0.308%
Break-even
28.3 days
Slippage from Extended: live order book, 4 min ago; SoDEX: 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 Extended live order book, 4 min ago0.19 bp3.8 bp −$412.1 bp −$121doesn't fitdoesn't fit
Sell SoDEX live order book, 54 min ago0.05 bp12.0 bp −$1241.4 bp −$414doesn'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−0.0729%4h1,040.3+0.349%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0071%8h1,038.3+0.153%$20.2M$41.3M50xas long as short
Aster MUUSD10.0000%8h1,038+0.129%$21.1M$57.3M20xas long as short
Binance MUUSDT0.0000%8h1,037.7+0.098%$121.6M$536.7M50xas long as short
Bybit MUUSDT0.0000%8h1,038.1+0.141%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.1+0.142%$29.9M$101.4M50xas long as short
RISEx MU/USDC0.0000%1h1,037.6+0.087%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,037.5+0.076%$61.4M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,038.8+0.202%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,039.7+0.297%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.7+0.199%$188K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,038.1+0.143%$26K$390K10xas long as short
SunX MU-USDT0.0000%8h1,039.1+0.232%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,038.5+0.177%$128K$441K50xas long as short
Nado MU-PERP+0.0003%1h1,037.7+0.100%$277K$817K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,039.1+0.236%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0020%1h1,037.8+0.106%$74K$542K10xas long as short
Lighter RH MU+0.0032%1h1,037.6+0.094%$1.2M$4.4M10xas long as short
Extended MU_24_5-USDlong+0.0032%1h1,036.7long leg$544K$1.1M10x
QFEX MU-USD+0.0032%1h1,037.2+0.051%$7.0M$18.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.418%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.9+0.214%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.8+0.112%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.2+0.052%$176.3M$89.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.2+0.052%$168K$196K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,038.5+0.178%$682K$15K10x
Ondo Perps MU-USD.P+0.0050%1h1,038.9+0.214%$1.8M$2.5M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,038+0.128%$2K5xas long as short
Lighter MU+0.0064%1h1,037.9+0.119%$1.1M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,037.6+0.088%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,037.8+0.106%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.2+0.051%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.2+0.244%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.7+0.104%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.067%$731K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.7+0.196%$1.4M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.264%$532K$270K15xas long as short