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−0.0032%/8h= −3.5% APRpaid last 24h −0.002%
Price spread now: Aftermath Perps against Paradex−0.077%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 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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.077% cheaper against Paradex than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,037.80.0051pay 0.0051% / 8h20m 44s$2K5x
ShortAftermath Perps MUUSD1,0370.0018get 0.0002% / 1h20m 44s$3K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Paradex. 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
−$6.78
Price spread: −0.077% → 0.000%
−$7.73
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$27.51
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Aftermath Perps: 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 Paradex no order-book sample
Sell Aftermath Perps no order-book sample
Paradex and Aftermath Perps: 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−0.0298%4h1,036.5−0.123%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0188%8h1,037.9+0.010%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.1+0.033%$21.2M$66.2M20xas long as short
Binance MUUSDT0.0000%8h1,037.9+0.016%$122.2M$538.4M50xas long as short
Bybit MUUSDT0.0000%8h1,037.7−0.010%$18.8M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.8+0.004%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038+0.020%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,037.80.000%$61.5M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.5−0.020%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.6−0.107%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.6−0.110%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.2+0.141%$11K$5.5M10xas long as short
HTX MU-USDT0.0000%8h1,037.4−0.030%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,037.4−0.037%$26K$389K10xas long as short
Nado MU-PERP+0.0015%1h1,037.5−0.027%$280K$805K10xas long as short
Aftermath Perps MUUSDshort+0.0018%1h1,037−0.077%$3K$44K10x
QFEX MU-USD+0.0021%1h1,037.80.000%$7.0M$18.8M10xas long as short
Lighter MU+0.0032%1h1,037.9+0.012%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,037.8+0.002%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.4−0.036%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.311%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036.8−0.092%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.6−0.015%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.7−0.005%$176.3M$81.4M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.6−0.015%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.7−0.005%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.1−0.065%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERPlong+0.0051%8h1,037.8long leg$2K5x
Deribit MU_USDC-PERPETUAL+0.0068%1h1,037.6−0.012%$74K$615K10xas long as short
Aevo MU-PERP+0.0080%1h1,037.4−0.032%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,036.7−0.102%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.4−0.032%$143K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.6−0.020%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.3−0.041%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.7−0.005%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.9+0.018%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,037.8+0.005%$531K$270K15xas long as short