Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.011%

Price spread now: Vest against Paradex+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Vest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.059% dearer against Paradex than usual: you sell high and buy low (spread +0.059% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MU-USD-PERP	1,050	0.0062	pay 0.0062% / 8h	6h 17m	$2K	—	5x
Short	Vest MU-USD-PERP	1,050.6	0.0046	get 0.0006% / 1h	17m 57s	—	$177K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee ParadexbpFee VestbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$3.42
Price spread: +0.059% → 0.000%: $5.95
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Vest: 1 bp × 2 orders: −$2
Net: −$3.47
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Paradex and Vest: 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 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0297%	4h	1,050	+0.001%	$1.3M	$672K	10x	as long as short
Nado MU-PERP	−0.0007%	1h	1,049.5	−0.044%	$276K	$854K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.3	+0.031%	$19.2M	$32.6M	100x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.9	−0.015%	$62.0M	$27.7M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,049.4	−0.058%	$190K	$3.4M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,050	−0.001%	$25K	$394K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.3	+0.119%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.7	−0.028%	$66K	$340K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.9	−0.008%	$129K	$425K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,049.5	−0.048%	$3K	$45K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,050	+0.002%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,050	−0.005%	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,049.3	−0.071%	$567K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,049.7	−0.033%	$7.4M	$19.5M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,049.6	−0.037%	$71K	$236K	10x	as long as short
Vest MU-USD-PERPshort	+0.0046%	1h	1,050.6	+0.059%	—	$177K	25x
tradeXYZ xyz:MU	+0.0050%	1h	1,049.7	−0.029%	$178.2M	$99.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.6	−0.039%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.8	−0.023%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.8	−0.113%	$1.9M	$2.3M	10x	as long as short
OKX MU-USDT-SWAP	+0.0051%	8h	1,050	0.000%	$30.8M	$100.5M	50x	as long as short
Paradex MU-USD-PERPlong	+0.0062%	8h	1,050	long leg	$2K	—	5x
GRVT MU_USDT_Perp	+0.0085%	8h	1,050.7	+0.070%	$81K	$1.3M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.8	−0.019%	$149K	$187K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.8	−0.016%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,049.9	−0.015%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049.9	−0.010%	$835	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.129%	$19K	$5K	12x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,049.8	−0.022%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,050.3	+0.026%	$757K	$1.2M	10x	as long as short
Aster MUUSD1	+0.0156%	8h	1,049.9	−0.010%	$21.6M	$51.5M	20x	as long as short
Variational Omni MU	+0.0181%	8h	1,049.8	−0.024%	$2.7M	$2.4M	—	as long as short
Binance MUUSDT	+0.0194%	8h	1,050	0.000%	$126.5M	$523.5M	50x	as long as short
Bitget MUUSDT	+0.0235%	8h	1,050.1	+0.007%	$20.6M	$42.0M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,050.3	+0.028%	$537K	$273K	15x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,050.1	+0.007%	$334K	$348K	20x	as long as short