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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Injective−1.274%59s7-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 5 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 1.274% cheaper against Injective than usual: you would sell low and buy high (spread −1.274% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$127 on $10k: about 3 months of funding at the current rate (+$1 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h50m 02s$19K$5K12x
ShortAevo MU-PERP1,0380.0080get 0.0010% / 1h50m 02s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Injective. 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
$9.8
Price spread: −1.274% → 0.000%
−$127.39
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$133.61
Costs to cover
0.160%
Break-even
102.4 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample
Sell Aevo no order-book sample
Injective and 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 exchanges

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−0.0171%4h1,038.9−1.184%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,037.6−1.308%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,037.1−1.354%$121.8M$554.8M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037−1.366%$29.8M$106.8M50xas long as short
Gate MU_USDT0.0000%8h1,037.4−1.332%$61.4M$27.4M75xas long as short
Bitget MUUSDT0.0000%8h1,036.9−1.379%$19.8M$43.8M50xas long as short
Variational Omni MU0.0000%8h1,038.2−1.250%$2.6M$2.5Mas long as short
StandX MU-USD0.0000%1h1,038.3−1.239%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,040.3−1.052%$11K$4.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036.5−1.418%$32K$734K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,038−1.271%$119K$473K50xas long as short
Lighter RH MU+0.0032%1h1,036.9−1.378%$1.1M$4.4M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Aftermath Perps MUUSD+0.0038%1h1,038.2−1.249%$3K$41K10xas long as short
RISEx MU/USDC+0.0045%1h1,038.5−1.221%$298K$333K20xas long as short
Vest MU-USD-PERP+0.0046%1h1,039.1−1.164%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.1−1.261%$169K$163K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.4−1.331%$682K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.3−1.337%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,038−1.275%$7.0M$19.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,037.9−1.278%$2K5xas long as short
Aevo MU-PERPshort+0.0080%1h1,038−1.274%$32K$1K10x
Bybit MUUSDT+0.0082%8h1,037.3−1.337%$18.8M$32.2M100xas long as short
Lighter MU+0.0096%1h1,036.9−1.377%$1.0M$4.9M20xas long as short
Pacifica MU+0.0100%1h1,037.6−1.314%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.7−1.297%$5.2M$6.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.4−1.236%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.4−1.333%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.5−1.221%$1.5M$2.7M20xas long as short
Coinbase International MU-PERP-INTX+0.0136%1h1,037.5−1.317%$728K$1.2M10xas long as short
Nado MU-PERP+0.0136%1h1,037.7−1.304%$275K$835K10xas long as short
GRVT MU_USDT_Perp+0.0156%8h1,039.1−1.161%$72K$1.4M10xas long as short
Arcus MU-USD+0.0186%1h1,037.8−1.294%$90K$159K10xas long as short
Bullet MU-USD+0.0245%1h1,038.6−1.214%$25K$383K10xas long as short
Extended MU_24_5-USD+0.0248%1h1,036.4−1.421%$551K$1.1M10xas long as short
tradeXYZ xyz:MU+0.0255%1h1,036.7−1.394%$177.2M$74.6M10xas long as short
Phoenix MU+0.0461%1h1,038.6−1.214%$532K$159K15xas long as short