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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against Polymarket Perps+0.021%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.021%, 7d avg +0.025%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MU-USD1,037.70.0050pay 0.0006% / 1h36m 35s$168K$195K10x
ShortSoDEX MU-USD1,037.90.0050get 0.0006% / 1h36m 35s$681K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0
Price spread: +0.021% → +0.025%
−$0.43
Slippage, 4 orders
−$21.92
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$38.35
Costs to cover
0.379%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 65 min ago; SoDEX: live order book, 2 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, 65 min ago2.90 bp6.9 bp −$77.7 bp −$779.1 bp −$912doesn't fit
Sell SoDEX live order book, 2 min ago0.05 bp11.9 bp −$1239.7 bp −$397doesn'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−0.0435%4h1,037.9+0.023%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0179%8h1,038.1+0.041%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.4+0.070%$21.2M$65.5M20xas long as short
Binance MUUSDT0.0000%8h1,038.2+0.044%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,038+0.031%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038+0.029%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.2+0.050%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.8+0.013%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.9+0.117%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038+0.030%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038+0.033%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.192%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.7+0.002%$74K$606K10xas long as short
HTX MU-USDT0.0000%8h1,037.7+0.003%$127K$479K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,037.8+0.009%$3K$44K10xas long as short
Bullet MU-USD+0.0020%1h1,038+0.034%$25K$390K10xas long as short
Nado MU-PERP+0.0020%1h1,037.9+0.016%$279K$808K10xas long as short
QFEX MU-USD+0.0021%1h1,038+0.030%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,038.1+0.037%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.9+0.022%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.316%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2+0.047%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.5−0.018%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.2+0.050%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9+0.019%$176.4M$82.7M10xas long as short
Polymarket Perps MU-USDlong+0.0050%1h1,037.7long leg$168K$195K10x
SoDEX MU-USDshort+0.0050%1h1,037.9+0.021%$681K$15K10x
Ondo Perps MU-USD.P+0.0050%1h1,037.5−0.022%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,038+0.025%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.5−0.018%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.9+0.019%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.030%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.8+0.011%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.077%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.9+0.017%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038+0.030%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9+0.116%$531K$270K15xas long as short