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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.037%
Price spread now: BloFin against Paradex−0.044%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
Funding pays, the price is against you. BloFin is 0.044% cheaper against Paradex than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,029.80.0056pay 0.0056% / 8h7h 41m$2K5x
ShortBloFin MU-USDT1,029.40.0120get 0.0120% / 8h7h 41m$1.5M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$13.36
Price spread: −0.044% → 0.000%
−$4.39
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.03
Costs to cover
0.160%
Break-even
10.7 days
Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 2 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 BloFin live order book, 2 min ago0.10 bp6.9 bp −$77.7 bp −$7714.7 bp −$1,472doesn'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−0.0734%4h1,030.8+0.097%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0077%8h1,029.7−0.014%$19.9M$40.2M50xas long as short
Aster MUUSD10.0000%8h1,030+0.014%$21.0M$68.8M20xas long as short
Binance MUUSDT0.0000%8h1,029.2−0.060%$121.2M$543.6M50xas long as short
Bybit MUUSDT0.0000%8h1,029.6−0.026%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,029.5−0.032%$29.5M$100.8M50xas long as short
RISEx MU/USDC0.0000%1h1,030.1+0.026%$310K$380K20xas long as short
Gate MU_USDT0.0000%8h1,029.5−0.030%$61.7M$27.9M75xas long as short
Variational Omni MU0.0000%8h1,030.2+0.039%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,030.7+0.084%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,029.8−0.001%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,030.5+0.063%$11K$5.4M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,029.2−0.059%$73K$626K10xas long as short
HTX MU-USDT0.0000%8h1,029.5−0.036%$119K$490K50xas long as short
Aftermath Perps MUUSD+0.0025%1h1,030.3+0.045%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,029.8+0.001%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,028.8−0.099%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,029.3−0.047%$543K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.090%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,029.5−0.037%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,029.6−0.020%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,029.3−0.052%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,029.3−0.057%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,029.2−0.062%$1.8M$2.9M10xas long as short
Lighter MU+0.0056%1h1,029.1−0.076%$988K$4.9M20xas long as short
Paradex MU-USD-PERPlong+0.0056%8h1,029.8long leg$2K5x
tradeXYZ xyz:MU+0.0060%1h1,029.4−0.042%$174.1M$80.5M10xas long as short
Nado MU-PERP+0.0077%1h1,029.6−0.024%$272K$806K10xas long as short
Bullet MU-USD+0.0080%1h1,029.8−0.004%$25K$389K10xas long as short
Aevo MU-PERP+0.0080%1h1,029.2−0.066%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.1+0.028%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,029.6−0.022%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,029.6−0.025%$5.1M$4.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032+0.212%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,029.6−0.023%$819$79920xas long as short
BloFin MU-USDTshort+0.0120%8h1,029.4−0.044%$1.5M$2.2M20x
Phoenix MU+0.0231%1h1,031.9+0.201%$528K$270K15xas long as short