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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0427%/8h= −46.7% APRpaid last 24h +0.045%
Price spread now: edgeX against Polymarket Perps0.000%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs+$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.766%+$77 on $10k
Price spread, last 3 days (all we have)+0.072%+$7 · spread now 0.000%, 7d avg +0.034%
Together, before fees+0.838%+ Points / potential airdropedgeX: Active · farm board+$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and edgeX is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.766%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MU-USD1,043.40.0050pay 0.0006% / 1h13m 07s$165K$197K10x
ShortedgeX MUUSDC1,043.4−0.0377pay 0.0188% / 4h1h 13m$1.3M$674K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$89.62
Price spread: 0.000% → +0.034%
−$3.41
Slippage, 4 orders
−$6.71
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$116.74
Costs to cover
0.237%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 1 min ago.

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, 4 min ago1.92 bp7.8 bp −$87.9 bp −$799.7 bp −$973doesn't fit
Sell edgeX live order book, 1 min ago0.29 bp4.9 bp −$56.8 bp −$6829.3 bp −$2,931doesn'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 MUUSDCshort−0.0377%4h1,043.40.000%$1.3M$674K10x
Gate MU_USDT0.0000%8h1,043.5+0.005%$62.9M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,042.8−0.055%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.8+0.225%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,043.4+0.003%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,043.4−0.003%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.701%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0035%1h1,043.5+0.009%$3K$45K10xas long as short
OKX MU-USDT-SWAP+0.0042%8h1,043.6+0.022%$30.8M$104.8M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.3−0.012%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USDlong+0.0050%1h1,043.4long leg$165K$197K10x
SoDEX MU-USD+0.0050%1h1,043.5+0.012%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.5−0.091%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.7+0.031%$7.8M$24.1M10xas long as short
Aster MUUSD1+0.0094%8h1,044+0.058%$21.5M$47.4M20xas long as short
Pacifica MU+0.0100%1h1,043.5+0.012%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.2−0.017%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.7+0.026%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.5+0.010%$830$79920xas long as short
Bitget MUUSDT+0.0107%8h1,043.5+0.012%$20.5M$43.0M50xas long as short
Aevo MU-PERP+0.0120%1h1,043.5+0.011%$33K10xas long as short
Paradex MU-USD-PERP+0.0137%8h1,043.6+0.017%$2K5xas long as short
Variational Omni MU+0.0144%8h1,043.4+0.001%$2.6M$2.6Mas long as short
Binance MUUSDT+0.0163%8h1,043.7+0.028%$124.7M$535.5M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.2−0.016%$755K$1.4M10xas long as short
Lighter MU+0.0208%1h1,043.5+0.009%$1.0M$4.8M20xas long as short
GRVT MU_USDT_Perp+0.0217%8h1,043.6+0.023%$77K$1.4M10xas long as short
Nado MU-PERP+0.0225%1h1,042.7−0.069%$273K$872K10xas long as short
Bybit MUUSDT+0.0250%8h1,043.9+0.046%$19.2M$32.6M100xas long as short
Bullet MU-USD+0.0280%1h1,043.8+0.037%$25K$395K10xas long as short
BloFin MU-USDT+0.0283%8h1,043.9+0.046%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0325%1h1,043.40.000%$176.2M$106.7M10xas long as short
Phoenix MU+0.0383%1h1,043.8+0.038%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043.3−0.012%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044+0.053%$295K$339K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0565%1h1,043.4−0.002%$61K$248K10xas long as short
Extended MU_24_5-USD+0.0688%1h1,042.4−0.096%$547K$1.1M10xas long as short