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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0365%/8h= −40.0% APRpaid last 24h −0.081%
Price spread now: Aster against RISEx−0.006%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.006%, 7d avg −0.007%
Together, before fees−0.038%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.026% in total (about -2.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,045.90.0525pay 0.0066% / 1h21m 08s$316K$339K20x
ShortAster MUUSD11,045.90.0160get 0.0160% / 8h21m 08s$21.5M$47.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against RISEx. 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
−$76.72
Price spread: −0.006% → −0.007%
$0.02
Slippage, 4 orders
−$4.3
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$95
Costs to cover
0.183%
Break-even
never at this rate
Slippage from RISEx: live order book, 57 min ago; Aster: live order book, 3 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 RISEx live order book, 57 min ago1.01 bp4.0 bp −$45.0 bp −$50doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago0.05 bp4.0 bp −$46.6 bp −$66doesn'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−0.0889%4h1,045.4−0.055%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.018%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.2−0.069%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.6+0.155%$12K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.4−0.049%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0030%1h1,045.1−0.076%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.9−0.007%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.456%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,046+0.004%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.4−0.051%$169K$193K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.7−0.024%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.8−0.112%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0073%8h1,045.8−0.009%$30.8M$105.0M50xas long as short
Lighter MU+0.0080%1h1,045.9−0.007%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.8−0.013%$7.8M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.8−0.015%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.036%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8−0.009%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.013%$831$79920xas long as short
Paradex MU-USD-PERP+0.0113%8h1,045.8−0.013%$2K5xas long as short
Bullet MU-USD+0.0117%1h1,045.8−0.015%$25K$394K10xas long as short
Bitget MUUSDT+0.0118%8h1,045.9−0.008%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.7−0.022%$33K10xas long as short
Aster MUUSD1short+0.0160%8h1,045.9−0.006%$21.5M$47.3M20x
Nado MU-PERP+0.0163%1h1,045.2−0.066%$271K$875K10xas long as short
Variational Omni MU+0.0178%8h1,045.7−0.023%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0189%8h1,046+0.007%$124.4M$532.7M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0190%1h1,045.8−0.017%$62K$276K10xas long as short
tradeXYZ xyz:MU+0.0200%1h1,045.8−0.013%$176.7M$104.5M10xas long as short
GRVT MU_USDT_Perp+0.0220%8h1,045.5−0.039%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.097%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0267%8h1,045.9−0.003%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0309%8h1,045.9−0.008%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0384%1h1,045.1−0.077%$541K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.6−0.032%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.6−0.033%$70K$244K10xas long as short
RISEx MU/USDClong+0.0525%1h1,045.9long leg$316K$339K20x