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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0201%/8h= +22.0% APRpaid last 24h +0.053%
Price spread now: BloFin against Injective+0.079%7-day average · you sell dearer than you buy
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+0.423%+$42 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.079% dearer against Injective than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h9m 47s$19K$5K12x
ShortBloFin MU-USDT1,052.20.0234get 0.0234% / 8h5h 09m$1.5M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$42.13
Price spread: +0.079% → 0.000%
$7.89
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$38.01
Costs to cover
0.120%
Break-even
0.7 days
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago0.43 bp6.8 bp −$78.1 bp −$8112.5 bp −$1,250doesn'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−0.0275%4h1,051.8+0.046%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,052.6+0.117%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.2+0.084%$62.0M$27.6M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.2+0.082%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.9+0.047%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,054.2+0.265%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,052+0.058%$68K$386K10xas long as short
HTX MU-USDT0.0000%8h1,052.3+0.088%$130K$430K50xas long as short
Bybit MUUSDT+0.0007%8h1,052.7+0.124%$19.2M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0018%1h1,051.2−0.013%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAP+0.0019%8h1,052.4+0.099%$31.1M$100.0M50xas long as short
QFEX MU-USD+0.0030%1h1,052.2+0.080%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,052.3+0.092%$1.3M$4.4M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Arcus MU-USD+0.0040%1h1,051.6+0.023%$71K$235K10xas long as short
Aster MUUSD1+0.0044%8h1,052.4+0.100%$21.4M$54.5M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.3+0.181%$175K25xas long as short
Nado MU-PERP+0.0049%1h1,052.1+0.066%$282K$845K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.1+0.070%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.4+0.096%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.1−0.021%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0054%8h1,052.3+0.092%$2K5xas long as short
tradeXYZ xyz:MU+0.0061%1h1,051.9+0.051%$178.5M$98.9M10xas long as short
Lighter MU+0.0064%1h1,052.3+0.093%$1.1M$5.1M20xas long as short
Bullet MU-USD+0.0067%1h1,052.4+0.099%$25K$398K10xas long as short
Extended MU_24_5-USD+0.0080%1h1,051.7+0.029%$564K$1.1M10xas long as short
Variational Omni MU+0.0081%8h1,051.9+0.051%$2.7M$2.4Mas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,051.9+0.055%$758K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,052+0.058%$149K$184K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.2+0.077%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.8+0.045%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3+0.088%$837$79920xas long as short
Binance MUUSDT+0.0111%8h1,052.3+0.090%$126.7M$518.2M50xas long as short
Aevo MU-PERP+0.0112%1h1,051.9+0.054%$32K$1K10xas long as short
Bitget MUUSDT+0.0125%8h1,052.2+0.081%$20.6M$41.1M50xas long as short
Phoenix MU+0.0229%1h1,051.7+0.032%$538K$271K15xas long as short
BloFin MU-USDTshort+0.0234%8h1,052.2+0.079%$1.5M$2.0M20x