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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h +0.016%
Price spread now: Aftermath Perps against Injective−0.877%55s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aftermath Perps is 0.877% cheaper against Injective than usual: you would sell low and buy high (−$88 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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% / 1h2m 28s$19K$5K12x
ShortAftermath Perps MUUSD1,042.10.0023get 0.0003% / 1h2m 28s$3K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
−$2.22
Price spread: −0.877% → 0.000%
−$87.7
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$98.94
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aftermath Perps no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0412%4h1,042.8−0.817%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,042.1−0.879%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.1−0.977%$123.2M$525.7M50xas long as short
Bybit MUUSDT0.0000%8h1,041.6−0.925%$18.6M$31.9M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,041.3−0.954%$30.6M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,041.7−0.915%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,041.4−0.948%$61.8M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,041.6−0.932%$20.4M$41.7M50xas long as short
Variational Omni MU0.0000%8h1,043.3−0.766%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043−0.793%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.8−0.817%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,043.2−0.781%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,041.7−0.921%$129K$435K50xas long as short
Aftermath Perps MUUSDshort+0.0023%1h1,042.1−0.877%$3K$44K10x
QFEX MU-USD+0.0032%1h1,041.5−0.942%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,041.6−0.927%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,041.5−0.936%$1.3M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,041.1−0.974%$553K$1.1M10xas long as short
Nado MU-PERP+0.0032%1h1,041.2−0.965%$280K$823K10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Bullet MU-USD+0.0038%1h1,041.6−0.932%$25K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.2−0.872%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,041.7−0.921%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.1−0.976%$177.0M$94.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,041.2−0.966%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,041.8−0.912%$684K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,041.7−0.918%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,040.7−1.016%$1.9M$2.3M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0077%1h1,041.4−0.944%$73K$492K10xas long as short
Aevo MU-PERP+0.0080%1h1,041.2−0.970%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,041.5−0.937%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,041.2−0.963%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3−0.864%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,041.5−0.934%$828$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6−0.643%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,041.8−0.909%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,043.1−0.786%$534K$271K15xas long as short