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−0.0051%/8h= −5.6% APRnext payment $0.51 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against Paradex+0.073%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 · farm boardneeds both histories
The price spread pays, funding is against you. SunX is 0.073% dearer against Paradex than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,048.70.0051pay 0.0051% / 8h3h 45m$2K5x
ShortSunX MU-USDT1,049.50get 0.0000% / 8h3h 45m$11K$5.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.7
Price spread: +0.073% → 0.000%
$7.33
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$15.36
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 13 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 SunX live order book, 13 min ago21.59 bp32.8 bp −$33doesn't fitdoesn'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−0.0642%4h1,048−0.061%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,049+0.028%$21.3M$55.8M20xas long as short
Bybit MUUSDT0.0000%8h1,048.4−0.024%$19.0M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,048.2−0.045%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,048.9+0.018%$339K$354K20xas long as short
Gate MU_USDT0.0000%8h1,048.2−0.045%$62.3M$27.6M75xas long as short
Bitget MUUSDT0.0000%8h1,048.5−0.018%$20.5M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,048.6−0.010%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,048−0.067%$82K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,048.4−0.028%$190K$3.4M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MU-USDTshort0.0000%8h1,049.5+0.073%$11K$5.8M10x
HTX MU-USDT0.0000%8h1,048.1−0.052%$130K$431K50xas long as short
Binance MUUSDT+0.0002%8h1,048.4−0.026%$125.6M$517.6M50xas long as short
BloFin MU-USDT+0.0014%8h1,048.4−0.025%$1.5M$2.0M20xas long as short
Aftermath Perps MUUSD+0.0024%1h1,048.5−0.018%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0027%1h1,048.3−0.038%$73K$463K10xas long as short
QFEX MU-USD+0.0032%1h1,048.4−0.027%$7.1M$17.8M10xas long as short
Lighter MU+0.0032%1h1,048.5−0.017%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,048.5−0.018%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,047.9−0.073%$553K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.255%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,048.4−0.025%$71K$233K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,049.5+0.081%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,048.1−0.055%$177.8M$97.4M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.4−0.027%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,048.5−0.022%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,047.7−0.096%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERPlong+0.0051%8h1,048.7long leg$2K5x
Nado MU-PERP+0.0056%1h1,048.1−0.059%$282K$830K10xas long as short
Bullet MU-USD+0.0065%1h1,048.8+0.011%$26K$394K10xas long as short
Aevo MU-PERP+0.0080%1h1,048.2−0.041%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,048.5−0.021%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.3−0.033%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,047−0.156%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.6−0.006%$834$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.129%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.5−0.017%$536K$271K15xas long as short