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+0.0042%/8h= +4.5% APRnext payment +$0.42 per $10,000 · paid last 24h +0.009%
Price spread now: Orderly against Paradex−0.015%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,023.90.0058pay 0.0058% / 8h7h 28m$2K5x
ShortOrderly PERP_MU_USDC_mythos1,023.70.0100get 0.0100% / 8h7h 28m$814$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$8.73
Price spread: −0.015% → 0.000%
−$1.53
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$2.81
Costs to cover
0.100%
Break-even
9.3 days
Slippage unknown: Paradex: no order-book sample; Orderly: 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 Orderly no order-book sample
Paradex and Orderly: 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−0.0522%4h1,025.4+0.149%$1.3M$696K10xas long as short
Bitget MUUSDT−0.0032%8h1,024.9+0.098%$19.7M$40.9M50xas long as short
Aster MUUSD10.0000%8h1,024.4+0.046%$20.9M$69.1M20xas long as short
Binance MUUSDT0.0000%8h1,024.9+0.095%$121.4M$548.8M50xas long as short
Bybit MUUSDT0.0000%8h1,024.8+0.086%$18.6M$32.4M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,024.9+0.098%$29.0M$102.1M50xas long as short
RISEx MU/USDC0.0000%1h1,024.1+0.017%$291K$382K20xas long as short
Gate MU_USDT0.0000%8h1,024.1+0.018%$61.5M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,025.8+0.183%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,025.3+0.139%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,024.2+0.029%$185K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,025.5+0.153%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,024.5+0.064%$119K$491K50xas long as short
QFEX MU-USD+0.0027%1h1,024+0.010%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0029%1h1,025.4+0.150%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,024.2+0.034%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,023.8−0.010%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.683%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,023.6−0.033%$89K$243K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,023.6−0.030%$180K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,023.1−0.077%$165K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,023.7−0.018%$672K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,023.1−0.080%$1.9M$3.0M10xas long as short
Paradex MU-USD-PERPlong+0.0058%8h1,023.9long leg$2K5x
Lighter MU+0.0064%1h1,024.4+0.054%$986K$5.0M20xas long as short
Aevo MU-PERP+0.0080%1h1,023.9+0.002%$31K$1K10xas long as short
tradeXYZ xyz:MU+0.0089%1h1,024.4+0.050%$173.2M$80.2M10xas long as short
Nado MU-PERP+0.0091%1h1,023.3−0.055%$264K$814K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.519%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,023.3−0.061%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,023.8−0.006%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,024.7+0.079%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,023.7−0.015%$814$79920x
Bullet MU-USD+0.0119%1h1,024.6+0.068%$25K$388K10xas long as short
BloFin MU-USDT+0.0120%8h1,024.4+0.053%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,024.2+0.031%$524K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0551%1h1,024.4+0.046%$72K$629K10xas long as short