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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.043%
Price spread now: BloFin against Polymarket Perps+0.220%45s7-day average +0.054% · 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 7 days+0.307%+$31 on $10k
Price spread, last 4 days (all we have)−0.391%−$39 · spread now +0.220%, 7d avg +0.054%
Together, before fees−0.084%−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.166% dearer against Polymarket Perps than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MU-USD1,023.40.0050pay 0.0006% / 1h30m 30s$166K$177K10x
ShortBloFin MU-USDT1,025.70.0120get 0.0120% / 8h7h 30m$1.5M$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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
$14.7
Price spread: +0.220% → +0.054%
$16.6
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$11.3
Costs to cover
0.200%
Break-even
1.6 days
Slippage unknown: Polymarket Perps: live order book, 3 min ago; 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 Polymarket Perps live order book, 3 min ago736.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.05 bp6.3 bp −$68.3 bp −$83doesn't fitdoesn't fit

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−0.0820%4h1,027.6+0.410%$1.3M$696K10xas long as short
Bitget MUUSDT−0.0040%8h1,024.4+0.101%$19.7M$40.5M50xas long as short
Aster MUUSD10.0000%8h1,024.7+0.129%$20.9M$69.0M20xas long as short
Binance MUUSDT0.0000%8h1,024.3+0.093%$121.4M$546.9M50xas long as short
Bybit MUUSDT0.0000%8h1,024.3+0.083%$18.5M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,024.4+0.102%$29.2M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,024.6+0.117%$308K$373K20xas long as short
Gate MU_USDT0.0000%8h1,024.1+0.069%$61.8M$28.1M75xas long as short
Variational Omni MU0.0000%8h1,025.8+0.231%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,028.5+0.501%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,026.3+0.282%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,026.2+0.278%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,025.2+0.176%$119K$491K50xas long as short
QFEX MU-USD+0.0027%1h1,024.5+0.109%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0028%1h1,026.6+0.316%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,024.4+0.097%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,023.8+0.043%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.732%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,024+0.059%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,024.1+0.064%$179K25xas long as short
Lighter MU+0.0048%1h1,024.5+0.105%$968K$5.0M20xas long as short
Polymarket Perps MU-USDlong+0.0050%1h1,023.4long leg$166K$177K10x
SoDEX MU-USD+0.0050%1h1,025.2+0.178%$673K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,024.2+0.080%$1.9M$3.0M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,024.5+0.110%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,024.7+0.126%$31K$1K10xas long as short
tradeXYZ xyz:MU+0.0081%1h1,023.8+0.039%$173.2M$80.0M10xas long as short
Nado MU-PERP+0.0083%1h1,023.7+0.031%$264K$815K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.567%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,024.1+0.069%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,024+0.054%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,027.7+0.424%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,024.1+0.069%$814$79920xas long as short
Bullet MU-USD+0.0104%1h1,024.4+0.099%$25K$388K10xas long as short
BloFin MU-USDTshort+0.0120%8h1,025.7+0.220%$1.5M$2.2M20x
Phoenix MU+0.0231%1h1,027.6+0.410%$526K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0365%1h1,025.1+0.167%$72K$629K10xas long as short