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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h −0.059%
Price spread now: Injective against RISEx+0.761%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.761% dearer against RISEx than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,043.40get 0.0000% / 1h49m 03s$337K$354K20x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h49m 03s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: +0.761% → 0.000%
$76.1
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$77.08
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: RISEx: live order book, 64 min ago; Injective: no order-book sample. 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 RISEx live order book, 64 min ago1.48 bp4.5 bp −$45.5 bp −$55doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0859%4h1,043−0.038%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.3−0.015%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,042.9−0.053%$122.9M$525.5M50xas long as short
Bybit MUUSDT0.0000%8h1,043−0.037%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.9−0.055%$30.4M$99.9M50xas long as short
RISEx MU/USDClong0.0000%1h1,043.4long leg$337K$354K20x
Gate MU_USDT0.0000%8h1,043−0.038%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.1−0.035%$20.4M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,043.4−0.001%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043.6+0.018%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.6+0.021%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.8+0.136%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043−0.039%$73K$502K10xas long as short
HTX MU-USDT0.0000%8h1,042.7−0.068%$128K$440K50xas long as short
Nado MU-PERP+0.0006%1h1,043−0.041%$281K$821K10xas long as short
Bullet MU-USD+0.0015%1h1,043.4−0.005%$26K$392K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,042.9−0.054%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,043.2−0.018%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,042.8−0.058%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,042.5−0.092%$546K$1.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4+0.761%$19K$5K12x
Arcus MU-USD+0.0040%1h1,042.9−0.047%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.8+0.036%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,042.5−0.088%$177.2M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.040%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043−0.039%$684K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.027%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,043.3−0.015%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,042.7−0.074%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.2−0.020%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.7−0.065%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.3−0.014%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.1−0.028%$829$79920xas long as short
Lighter MU+0.0120%1h1,043−0.043%$1.1M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,043.1−0.032%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3−0.010%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043−0.040%$534K$270K15xas long as short