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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0492%/8h= +53.9% APRnext payment +$0.62 per $10,000 · paid last 24h +0.073%
Price spread now: RISEx against Injective−0.392%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 3 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. RISEx is 0.392% cheaper against Injective than usual: you would sell low and buy high (spread −0.392% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$39 on $10k: about 2.7 days of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,050.70.0033pay 0.0004% / 1h44m 57s$14K$30212x
ShortRISEx MU/USDC1,046.60.0525get 0.0066% / 1h44m 57s$317K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$103.35
Price spread: −0.392% → 0.000%
−$39.16
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee RISEx: 3 bp × 2 orders
−$6
Net
$58.17
Costs to cover
0.060%
Break-even
3.1 days
Slippage unknown: Injective: no order-book sample; RISEx: live order book, 33 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 RISEx live order book, 33 min ago1.01 bp4.0 bp −$45.4 bp −$54doesn'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−0.0477%4h1,045.5−0.499%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.467%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.534%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.4−0.221%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8−0.463%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,045.8−0.469%$1.2M$4.1M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,050.7long leg$14K$30212x
Aftermath Perps MUUSD+0.0035%1h1,045.2−0.529%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.2−0.431%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.9−0.458%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,045.3−0.515%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,046.2−0.429%$7.9M$23.9M10xas long as short
OKX MU-USDT-SWAP+0.0080%8h1,045.9−0.463%$30.8M$105.2M50xas long as short
Pacifica MU+0.0100%1h1,046.3−0.419%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.3−0.513%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.486%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.469%$831$79920xas long as short
SoDEX MU-USD+0.0124%1h1,045.9−0.463%$686K$16K10xas long as short
Bitget MUUSDT+0.0136%8h1,045.8−0.464%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9−0.457%$33K10xas long as short
Paradex MU-USD-PERP+0.0156%8h1,046.2−0.430%$2K5xas long as short
Aster MUUSD1+0.0167%8h1,046.6−0.394%$21.6M$47.3M20xas long as short
Lighter MU+0.0184%1h1,045.8−0.469%$1.0M$4.8M20xas long as short
Variational Omni MU+0.0200%8h1,046.3−0.420%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0213%8h1,046−0.449%$124.9M$533.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.498%$757K$1.4M10xas long as short
Bullet MU-USD+0.0247%1h1,046.2−0.429%$24K$396K10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7−0.473%$77K$1.4M10xas long as short
Nado MU-PERP+0.0256%1h1,045.4−0.504%$270K$876K10xas long as short
Bybit MUUSDT+0.0285%8h1,046.1−0.435%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0302%1h1,045.8−0.467%$176.7M$105.6M10xas long as short
BloFin MU-USDT+0.0332%8h1,046−0.445%$1.4M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0353%1h1,046−0.452%$62K$259K10xas long as short
Phoenix MU+0.0460%1h1,046.6−0.391%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.8−0.465%$74K$240K10xas long as short
RISEx MU/USDCshort+0.0525%1h1,046.6−0.392%$317K$339K20x
Extended MU_24_5-USD+0.0712%1h1,045.1−0.538%$540K$1.1M10xas long as short