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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.02 per $10,000 · paid last 24h +0.025%
Price spread now: RISEx against Nado+0.007%54s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.007%, 7d avg +0.018%
Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MU-PERP1,037.50.0015pay 0.0002% / 1h52m 42s$276K$816K10x
ShortRISEx MU/USDC1,037.60get 0.0000% / 1h52m 42s$315K$384K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Nado. 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
−$3.11
Price spread: +0.007% → +0.018%
−$1.08
Slippage, 4 orders
−$5.03
Fee Nado: 3.5 bp × 2 orders
−$7
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$22.22
Costs to cover
0.180%
Break-even
never at this rate
Slippage from Nado: live order book, 56 min ago; RISEx: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 56 min ago0.05 bp6.5 bp −$719.0 bp −$190doesn't fitdoesn't fit
Sell RISEx live order book, 56 min ago0.58 bp3.6 bp −$44.1 bp −$41doesn't fitdoesn't fit

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−0.0451%4h1,038.8+0.124%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0082%8h1,038+0.050%$20.2M$41.3M50xas long as short
Aster MUUSD10.0000%8h1,037.8+0.032%$21.1M$57.4M20xas long as short
Binance MUUSDT0.0000%8h1,037.7+0.015%$121.6M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,037.8+0.029%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.5−0.001%$29.9M$101.4M50xas long as short
RISEx MU/USDCshort0.0000%1h1,037.6+0.007%$315K$384K20x
Gate MU_USDT0.0000%8h1,037.7+0.016%$61.4M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,038.8+0.120%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.9+0.129%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.4−0.007%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.2+0.167%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,038+0.043%$128K$441K50xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.2+0.070%$74K$542K10xas long as short
Bullet MU-USD+0.0003%1h1,038.3+0.076%$26K$390K10xas long as short
Nado MU-PERPlong+0.0015%1h1,037.5long leg$276K$816K10x
Aftermath Perps MUUSD+0.0019%1h1,038.8+0.123%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,037.5−0.001%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.1−0.040%$544K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,037.5+0.003%$7.0M$18.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.335%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.5+0.092%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.1+0.059%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.3−0.020%$176.4M$89.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.9+0.038%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.8+0.031%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.5−0.006%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,037.7+0.015%$2K5xas long as short
Lighter MU+0.0056%1h1,037.6+0.012%$1.1M$4.9M20xas long as short
Aevo MU-PERP+0.0080%1h1,037.9+0.033%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,037.6+0.006%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.3−0.016%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.2+0.162%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.2+0.062%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6+0.007%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.1+0.060%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.182%$532K$270K15xas long as short