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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%
Price spread now: RISEx against GRVT−0.008%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$200.195% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.023%−$2 on $10k
Price spread, last 4 days (all we have)−0.258%−$26 · spread now −0.008%, 7d avg −0.038%
Together, before fees−0.282%+ Points / potential airdropGRVT: Active · farm board−$28 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 0.031% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MU_USDT_Perp1,038.80get 0.0000% / 8h1h 19m$84K$1.4M10x
ShortRISEx MU/USDC1,038.80get 0.0000% / 1h19m 07s$313K$387K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against GRVT. 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: −0.008% → −0.038%
$3.07
Slippage, 4 orders
−$4.51
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$16.45
Costs to cover
0.195%
Break-even
never at this rate
Slippage from GRVT: live order book, 4 min ago; RISEx: live order book, 24 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 GRVT live order book, 4 min ago0.67 bp6.8 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell RISEx live order book, 24 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−0.0279%4h1,038.3−0.052%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0182%8h1,038.8+0.001%$20.2M$40.4M50xas long as short
Nado MU-PERP−0.0008%1h1,038.4−0.046%$279K$815K10xas long as short
Aster MUUSD10.0000%8h1,039+0.020%$21.1M$60.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.7−0.013%$122.0M$538.5M50xas long as short
Bybit MUUSDT0.0000%8h1,038.6−0.021%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.7−0.012%$29.8M$100.2M50xas long as short
RISEx MU/USDCshort0.0000%1h1,038.8−0.008%$313K$387K20x
Gate MU_USDT0.0000%8h1,038.7−0.015%$61.6M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,039.2+0.038%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perplong0.0000%8h1,038.8long leg$84K$1.4M10x
StandX MU-USD0.0000%1h1,039.7+0.082%$188K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,038.5−0.029%$25K$390K10xas long as short
SunX MU-USDT0.0000%8h1,040.2+0.134%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.4−0.045%$74K$570K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.053%$128K$441K50xas long as short
Aftermath Perps MUUSD+0.0013%1h1,038.3−0.051%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,038.7−0.013%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.030%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038.2−0.060%$537K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,038.6−0.023%$7.0M$18.7M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.206%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.3−0.051%$90K$250K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,039+0.020%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.6−0.022%$176.4M$86.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.5−0.032%$169K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.036%$682K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.5−0.036%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,039+0.013%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.3−0.052%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,038.6−0.021%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.3−0.050%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.3+0.044%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.5−0.036%$826$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.270%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.7−0.010%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,038.9+0.007%$531K$270K15xas long as short