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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.022%
Price spread now: ApeX Omni against Injective−2.536%7-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 7 days+0.185%+$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 2.536% cheaper against Injective than usual: you would sell low and buy high (spread −2.536% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$254 on $10k: about 4 months of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h25m 49s$19K$5K12x
ShortApeX Omni MUUSDT1,024.70.0100get 0.0013% / 1h25m 49s$70K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$14
Price spread: −2.536% → 0.000%
−$253.58
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$249.6
Costs to cover
0.100%
Break-even
131.8 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 6 min ago. 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 ApeX Omni live order book, 6 min ago7.26 bp18.9 bp −$19178.5 bp −$1,785doesn't fitdoesn't fit
Injective: 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−0.0522%4h1,025.4−2.468%$1.3M$696K10xas long as short
Bitget MUUSDT−0.0022%8h1,024.9−2.519%$19.6M$41.1M50xas long as short
Aster MUUSD10.0000%8h1,025.3−2.476%$20.9M$69.1M20xas long as short
Binance MUUSDT0.0000%8h1,025.2−2.487%$121.5M$548.8M50xas long as short
Bybit MUUSDT0.0000%8h1,025.2−2.484%$18.6M$32.4M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,025.1−2.496%$29.1M$102.3M50xas long as short
RISEx MU/USDC0.0000%1h1,025.3−2.475%$292K$382K20xas long as short
Gate MU_USDT0.0000%8h1,024.9−2.521%$61.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,025.8−2.434%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,025.3−2.478%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,024.9−2.520%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,026.1−2.401%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,025.1−2.502%$119K$491K50xas long as short
QFEX MU-USD+0.0027%1h1,025.3−2.476%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,025.2−2.492%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,024.6−2.543%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,024.3−2.577%$541K$1.1M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Arcus MU-USD+0.0040%1h1,024.7−2.537%$89K$243K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,024.9−2.519%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,024.4−2.564%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,024.8−2.530%$672K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,024.9−2.518%$1.9M$3.1M10xas long as short
Paradex MU-USD-PERP+0.0061%8h1,025.3−2.477%$2K5xas long as short
Lighter MU+0.0072%1h1,024.9−2.516%$988K$5.0M20xas long as short
Aevo MU-PERP+0.0080%1h1,024.5−2.554%$31K$1K10xas long as short
tradeXYZ xyz:MU+0.0091%1h1,024.6−2.545%$173.2M$80.3M10xas long as short
Nado MU-PERP+0.0096%1h1,024.7−2.535%$264K$814K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,024.5−2.555%$716K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,025.3−2.477%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,024.7−2.534%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,024.7−2.536%$70K$270K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,024.8−2.526%$815$79920xas long as short
BloFin MU-USDT+0.0120%8h1,025.6−2.451%$1.5M$2.2M20xas long as short
Bullet MU-USD+0.0129%1h1,025.1−2.498%$25K$388K10xas long as short
Phoenix MU+0.0231%1h1,024.2−2.583%$524K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0336%1h1,024.8−2.525%$72K$629K10xas long as short