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+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Lighter RH−0.033%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.033% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH MU1,045.10.0032pay 0.0004% / 1h21m 18s$1.3M$4.4M10x
ShortAevo MU-PERP1,044.70.0080get 0.0010% / 1h21m 18s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter RH. 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
$10.08
Price spread: −0.033% → 0.000%
−$3.35
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$9.27
Costs to cover
0.160%
Break-even
13.4 days
Slippage unknown: Lighter RH: live order book, 2 min ago; Aevo: 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 Lighter RH live order book, 2 min ago0.77 bp1.9 bp −$25.8 bp −$58doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0096%4h1,044−0.105%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,045.3+0.017%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,045.3+0.020%$124.4M$522.3M50xas long as short
Bybit MUUSDT0.0000%8h1,045.4+0.033%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.1+0.003%$30.9M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,045.2+0.012%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045−0.010%$62.0M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,045.3+0.018%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.4+0.035%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,045.6+0.052%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,044.2−0.082%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.232%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,044.8−0.029%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,045−0.007%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,045.1−0.001%$7.1M$18.0M10xas long as short
Lighter MU+0.0032%1h1,045.2+0.008%$1.1M$5.1M20xas long as short
Lighter RH MUlong+0.0032%1h1,045.1long leg$1.3M$4.4M10x
Extended MU_24_5-USD+0.0032%1h1,044.7−0.033%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.601%$19K$5K12xas long as short
Nado MU-PERP+0.0038%1h1,044.8−0.027%$281K$828K10xas long as short
Arcus MU-USD+0.0040%1h1,044.6−0.050%$70K$233K10xas long as short
Bullet MU-USD+0.0045%1h1,045.3+0.019%$26K$393K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.5+0.038%$176K25xas long as short
Deribit MU_USDC-PERPETUAL+0.0047%1h1,045−0.011%$73K$477K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,044.9−0.017%$176.9M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045−0.008%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,044.7−0.033%$686K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,045.3+0.022%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.3−0.075%$1.9M$2.2M10xas long as short
Aevo MU-PERPshort+0.0080%1h1,044.7−0.033%$32K$1K10x
Pacifica MU+0.0100%1h1,045−0.007%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045−0.005%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044−0.102%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045−0.009%$831$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8−0.032%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.3−0.075%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9−0.017%$534K$271K15xas long as short