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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.023%
Price spread now: tradeXYZ against Polymarket Perps+0.039%7-day average −0.003% · 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+0.100%+$10 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.039%, 7d avg −0.003%
Together, before fees+0.086%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.042% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MU-USD1,032.50.0050pay 0.0006% / 1h56m 51s$167K$177K10x
ShorttradeXYZ xyz:MU1,032.90.0203get 0.0025% / 1h56m 51s$174.8M$78.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$32.21
Price spread: +0.039% → −0.003%
$4.19
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$10.39
Costs to cover
0.260%
Break-even
4.7 days
Slippage unknown: Polymarket Perps: live order book, 37 min ago; tradeXYZ: live order book, 3 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, 37 min ago736.59 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago0.97 bp10.0 bp −$1010.6 bp −$10615.2 bp −$1,517doesn'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−0.0349%4h1,033.1+0.061%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,033.8+0.123%$21.1M$69.7M20xas long as short
Binance MUUSDT0.0000%8h1,033.3+0.081%$121.5M$551.9M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.3+0.081%$29.1M$104.6M50xas long as short
Gate MU_USDT0.0000%8h1,033.1+0.062%$61.6M$27.5M75xas long as short
Bitget MUUSDT0.0000%8h1,033.2+0.063%$19.5M$41.8M50xas long as short
Variational Omni MU0.0000%8h1,032.4−0.010%$2.5M$2.7Mas long as short
StandX MU-USD0.0000%1h1,032.5+0.002%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,034.2+0.168%$11K$5.2M10xas long as short
HTX MU-USDT0.0000%8h1,033+0.048%$119K$490K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSD+0.0030%1h1,032.3−0.021%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,033.2+0.068%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.827%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.1+0.053%$179K25xas long as short
Polymarket Perps MU-USDlong+0.0050%1h1,032.5long leg$167K$177K10x
SoDEX MU-USD+0.0050%1h1,033.1+0.059%$678K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,031.6−0.083%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,032.3−0.022%$7.0M$19.0M10xas long as short
Aevo MU-PERP+0.0080%1h1,032.5+0.001%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0091%8h1,032.5−0.004%$2K5xas long as short
Pacifica MU+0.0100%1h1,032.2−0.025%$146K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,033+0.046%$5.1M$5.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032.1−0.037%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033+0.045%$821$79920xas long as short
RISEx MU/USDC+0.0107%1h1,033.1+0.056%$294K$372K20xas long as short
BloFin MU-USDT+0.0120%8h1,033.3+0.081%$1.4M$2.3M20xas long as short
Bybit MUUSDT+0.0120%8h1,033.4+0.087%$18.7M$32.5M100xas long as short
Arcus MU-USD+0.0139%1h1,032.3−0.018%$90K$233K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,030.9−0.152%$720K$1.1M10xas long as short
Nado MU-PERP+0.0170%1h1,032.1−0.043%$264K$811K10xas long as short
Lighter MU+0.0184%1h1,033.3+0.078%$1.0M$5.0M20xas long as short
tradeXYZ xyz:MUshort+0.0203%1h1,032.9+0.039%$174.8M$78.4M10x
Phoenix MU+0.0231%1h1,032.7+0.019%$529K$268K15xas long as short
Extended MU_24_5-USD+0.0264%1h1,032.5−0.002%$542K$1.1M10xas long as short
Bullet MU-USD+0.0313%1h1,033.1+0.060%$26K$387K10xas long as short
GRVT MU_USDT_Perp+0.0356%8h1,032.8+0.028%$73K$1.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0487%1h1,032.7+0.015%$72K$636K10xas long as short