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−0.0217%/8h= −23.8% APRpaid last 24h −0.021%
Price spread now: BloFin against RISEx−0.033%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$210.205% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.133%+$13 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.033%, 7d avg +0.001%
Together, before fees+0.123%+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.034% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.133%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,046.10.0525pay 0.0066% / 1h15m 12s$316K$339K20x
ShortBloFin MU-USDT1,045.70.0308get 0.0308% / 8h15m 12s$1.5M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$45.61
Price spread: −0.033% → +0.001%
−$3.45
Slippage, 4 orders
−$2.5
Fee RISEx: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$69.55
Costs to cover
0.205%
Break-even
never at this rate
Slippage from RISEx: live order book, 63 min ago; BloFin: 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, 63 min ago1.01 bp4.0 bp −$45.0 bp −$50doesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.05 bp6.1 bp −$67.2 bp −$7211.5 bp −$1,150doesn'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−0.0252%4h1,045.9−0.018%$1.3M$674K10xas long as short
Gate MU_USDT0.0000%8h1,045.6−0.048%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.5−0.055%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.4+0.131%$11K$6.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.5−0.053%$62K$283K10xas long as short
HTX MU-USDT0.0000%8h1,045.5−0.055%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0028%1h1,045.5−0.055%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.6−0.041%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.445%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.003%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,045.5−0.053%$169K$193K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.6−0.048%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.7−0.130%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0070%8h1,045.7−0.037%$30.8M$104.7M50xas long as short
Lighter MU+0.0072%1h1,045.5−0.051%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.7−0.035%$7.9M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.064%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.5−0.050%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,046−0.007%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.028%$831$79920xas long as short
Bullet MU-USD+0.0104%1h1,045.7−0.034%$25K$395K10xas long as short
Paradex MU-USD-PERP+0.0106%8h1,045.7−0.032%$2K5xas long as short
Bitget MUUSDT+0.0116%8h1,045.6−0.042%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.5−0.053%$33K10xas long as short
Nado MU-PERP+0.0154%1h1,045.4−0.067%$271K$875K10xas long as short
Aster MUUSD1+0.0165%8h1,046.3+0.021%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.8−0.028%$2.7M$2.5Mas long as short
tradeXYZ xyz:MU+0.0184%1h1,045.5−0.053%$176.7M$104.6M10xas long as short
Binance MUUSDT+0.0188%8h1,045.7−0.033%$124.4M$532.0M50xas long as short
GRVT MU_USDT_Perp+0.0218%8h1,045.9−0.017%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.109%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0262%8h1,045.8−0.021%$19.2M$32.4M100xas long as short
BloFin MU-USDTshort+0.0308%8h1,045.7−0.033%$1.5M$2.0M20x
Extended MU_24_5-USD+0.0344%1h1,045.2−0.086%$545K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,046−0.005%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.7−0.036%$70K$244K10xas long as short
RISEx MU/USDClong+0.0525%1h1,046.1long leg$316K$339K20x