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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0697%/8h= −76.4% APRpaid last 24h +0.069%
Price spread now: edgeX against Injective−0.123%107s7-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+0.877%+$88 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and edgeX is 0.123% cheaper against Injective than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.877%, so the current rate has only just turned against you. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0107pay 0.0013% / 1h47m 36s$19K$5K12x
ShortedgeX MUUSDC1,050.1−0.0591pay 0.0295% / 4h2h 47m$1.3M$672K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$146.47
Price spread: −0.123% → 0.000%
−$12.26
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$167.75
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 1 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 edgeX live order book, 1 min ago0.29 bp4.9 bp −$56.6 bp −$6627.3 bp −$2,728doesn'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 MUUSDCshort−0.0591%4h1,050.1−0.123%$1.3M$672K10x
Gate MU_USDT0.0000%8h1,049.4−0.189%$62.2M$27.5M75xas long as short
StandX MU-USD0.0000%1h1,049.8−0.150%$190K$3.4M20xas long as short
Bullet MU-USD0.0000%1h1,049.9−0.141%$26K$396K10xas long as short
SunX MU-USDT0.0000%8h1,050.9−0.043%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049.4−0.191%$65K$320K10xas long as short
HTX MU-USDT0.0000%8h1,049.8−0.151%$129K$426K50xas long as short
Nado MU-PERP+0.0004%1h1,049.6−0.163%$272K$858K10xas long as short
Aftermath Perps MUUSD+0.0022%1h1,049.9−0.138%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,049.3−0.199%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,049.4−0.191%$1.1M$4.1M10xas long as short
QFEX MU-USD+0.0040%1h1,049.4−0.191%$7.5M$20.4M10xas long as short
Arcus MU-USD+0.0040%1h1,049.8−0.153%$71K$242K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.9−0.047%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.7−0.158%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,050−0.134%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,048.6−0.260%$1.9M$2.4M10xas long as short
Bybit MUUSDT+0.0054%8h1,049.8−0.146%$19.3M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0063%1h1,049.4−0.186%$178.3M$100.0M10xas long as short
Extended MU_24_5-USD+0.0072%1h1,049−0.221%$563K$1.2M10xas long as short
Paradex MU-USD-PERP+0.0073%8h1,049.5−0.173%$2K5xas long as short
OKX MU-USDT-SWAP+0.0085%8h1,049.6−0.166%$30.9M$100.8M50xas long as short
Pacifica MU+0.0100%1h1,049.4−0.190%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.5−0.177%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050−0.130%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.9−0.139%$835$79920xas long as short
Injective MU/USDC PERPlong+0.0107%1h1,051.4long leg$19K$5K12x
Coinbase International MU-PERP-INTX+0.0128%1h1,050.3−0.104%$761K$1.2M10xas long as short
Aevo MU-PERP+0.0144%1h1,049.6−0.167%$32K$1K10xas long as short
Variational Omni MU+0.0238%8h1,050.7−0.059%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0239%8h1,049.9−0.137%$21.6M$49.2M20xas long as short
Binance MUUSDT+0.0244%8h1,049.6−0.166%$126.4M$523.7M50xas long as short
GRVT MU_USDT_Perp+0.0291%8h1,049.8−0.146%$81K$1.3M10xas long as short
Phoenix MU+0.0304%1h1,050.4−0.091%$537K$273K15xas long as short
Bitget MUUSDT+0.0346%8h1,049.6−0.171%$20.4M$41.7M50xas long as short
BloFin MU-USDT+0.0368%8h1,049.8−0.147%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,049.6−0.166%$333K$349K20xas long as short