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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h −0.064%
Price spread now: Aster against Paradex+0.078%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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.078% dearer against Paradex than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,0460.0152pay 0.0152% / 8h42m 57s$2K5x
ShortAster MUUSD11,046.80.0171get 0.0171% / 8h42m 57s$21.6M$47.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$3.97
Price spread: +0.078% → 0.000%
$7.85
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$0.18
Costs to cover
0.120%
Break-even
7.3 days
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 6 min ago. 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 Aster live order book, 6 min ago0.05 bp4.0 bp −$47.6 bp −$76doesn't fitdoesn't fit
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−0.0060%4h1,046.2+0.017%$1.3M$674K10xas long as short
Gate MU_USDT0.0000%8h1,046.1+0.004%$63.1M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.6−0.042%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.5+0.233%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8−0.023%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,046−0.002%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.448%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0035%1h1,045.2−0.075%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.4+0.037%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,046−0.002%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,045.3−0.069%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,046.3+0.028%$7.9M$24.0M10xas long as short
OKX MU-USDT-SWAP+0.0081%8h1,046+0.001%$30.8M$105.3M50xas long as short
SoDEX MU-USD+0.0084%1h1,046−0.003%$686K$16K10xas long as short
Pacifica MU+0.0100%1h1,046.4+0.036%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.5−0.050%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,046.3+0.028%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.018%$831$79920xas long as short
Bitget MUUSDT+0.0136%8h1,046+0.002%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,046−0.003%$33K10xas long as short
Paradex MU-USD-PERPlong+0.0152%8h1,046long leg$2K5x
Lighter MU+0.0168%1h1,046.1+0.004%$1.0M$4.8M20xas long as short
Aster MUUSD1short+0.0171%8h1,046.8+0.078%$21.6M$47.3M20x
Variational Omni MU+0.0200%8h1,046.3+0.026%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0213%8h1,046.3+0.025%$125.0M$533.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.052%$757K$1.4M10xas long as short
Bullet MU-USD+0.0225%1h1,046.2+0.017%$25K$395K10xas long as short
Nado MU-PERP+0.0244%1h1,045.5−0.050%$270K$875K10xas long as short
GRVT MU_USDT_Perp+0.0257%8h1,046.2+0.018%$82K$1.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0267%1h1,045.8−0.018%$62K$260K10xas long as short
Bybit MUUSDT+0.0285%8h1,046.4+0.038%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0292%1h1,046−0.002%$176.8M$105.6M10xas long as short
BloFin MU-USDT+0.0333%8h1,046.2+0.017%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,046.6+0.055%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.8−0.021%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.7+0.066%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0696%1h1,045.2−0.081%$540K$1.1M10xas long as short