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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Paradex against OKX+0.025%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.025% dearer against OKX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,043.50get 0.0000% / 8h3h 19m$30.9M$99.4M50x
ShortParadex MU-USD-PERP1,043.80.0050get 0.0050% / 8h3h 19m$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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
$10.51
Price spread: +0.025% → 0.000%
$2.49
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$1
Costs to cover
0.140%
Break-even
7.7 days
Slippage unknown: OKX: live order book, 5 min ago; Paradex: 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 OKX live order book, 5 min ago0.05 bp6.5 bp −$68.6 bp −$8624.5 bp −$2,451doesn't fit
Sell Paradex no order-book sample
Paradex: 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−0.0350%4h1,044.9+0.135%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.9+0.040%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,043.7+0.012%$123.9M$522.6M50xas long as short
Bybit MUUSDT0.0000%8h1,043.9+0.036%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,043.5long leg$30.9M$99.4M50x
RISEx MU/USDC0.0000%1h1,043.9+0.035%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,043.6+0.002%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.8+0.027%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.1+0.146%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9+0.133%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,045+0.139%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046.1+0.242%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.3−0.019%$73K$479K10xas long as short
HTX MU-USDT0.0000%8h1,043.3−0.020%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,044.3+0.077%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,043.6+0.005%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,043.7+0.018%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,043.6+0.009%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.1−0.038%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.750%$19K$5K12xas long as short
Nado MU-PERP+0.0037%1h1,043.5+0.002%$281K$828K10xas long as short
Arcus MU-USD+0.0040%1h1,044.2+0.066%$70K$233K10xas long as short
Bullet MU-USD+0.0041%1h1,043.7+0.016%$25K$392K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.3+0.075%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.5−0.003%$176.6M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6+0.007%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.50.000%$685K$16K10xas long as short
Paradex MU-USD-PERPshort+0.0050%8h1,043.8+0.025%$2K5x
Ondo Perps MU-USD.P+0.0050%1h1,044.3+0.074%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,043.2−0.030%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.7+0.013%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.50.000%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044.5+0.091%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.5−0.003%$830$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8+0.117%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.2+0.065%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9+0.131%$534K$271K15xas long as short