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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.018%
Price spread now: Injective against Pacifica+0.104%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 7 days−0.182%−$18 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.104% dearer against Pacifica than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MU1,050.30.0100pay 0.0013% / 1h34m 24s$149K$185K10x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h34m 24s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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
−$14
Price spread: +0.104% → 0.000%
$10.38
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$11.64
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 28 min ago; Injective: 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 Pacifica live order book, 28 min ago2.76 bp7.4 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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−0.0394%4h1,050.5+0.024%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,050.7+0.038%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.3+0.007%$62.1M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,050.7+0.042%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,050−0.024%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,052+0.169%$11K$5.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050−0.022%$67K$367K10xas long as short
HTX MU-USDT0.0000%8h1,050.3−0.002%$129K$428K50xas long as short
Bybit MUUSDT+0.0003%8h1,050.7+0.040%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050.1−0.014%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAP+0.0028%8h1,050.4+0.008%$31.0M$99.8M50xas long as short
QFEX MU-USD+0.0030%1h1,050.3+0.003%$7.2M$18.2M10xas long as short
Lighter RH MU+0.0032%1h1,050.2−0.005%$1.2M$4.3M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4+0.104%$19K$5K12x
Arcus MU-USD+0.0040%1h1,050.2−0.007%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.3+0.097%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.2−0.007%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.3+0.001%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.5−0.070%$1.9M$2.3M10xas long as short
Lighter MU+0.0056%1h1,050.4+0.013%$1.1M$4.9M20xas long as short
Extended MU_24_5-USD+0.0056%1h1,049.7−0.050%$564K$1.1M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,050.4+0.017%$2K5xas long as short
Nado MU-PERP+0.0065%1h1,050.1−0.017%$282K$848K10xas long as short
tradeXYZ xyz:MU+0.0068%1h1,050.2−0.007%$178.2M$99.1M10xas long as short
Aster MUUSD1+0.0080%8h1,050.3+0.005%$21.4M$52.1M20xas long as short
Bullet MU-USD+0.0085%1h1,050.5+0.025%$25K$398K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.031%$756K$1.2M10xas long as short
Pacifica MUlong+0.0100%1h1,050.3long leg$149K$185K10x
KuCoin MUUSDTM+0.0100%8h1,050.3−0.001%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.1+0.078%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.4+0.014%$835$79920xas long as short
Aevo MU-PERP+0.0120%1h1,050−0.022%$32K$1K10xas long as short
Variational Omni MU+0.0122%8h1,050.5+0.019%$2.7M$2.4Mas long as short
Bitget MUUSDT+0.0134%8h1,050.5+0.020%$20.6M$41.1M50xas long as short
Binance MUUSDT+0.0144%8h1,050.5+0.025%$126.6M$518.5M50xas long as short
Phoenix MU+0.0229%1h1,050.7+0.041%$537K$271K15xas long as short
BloFin MU-USDT+0.0265%8h1,050.5+0.023%$1.5M$2.0M20xas long as short