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% APRpaid last 24h −0.058%
Price spread now: SunX against RISEx+0.109%7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.055%−$5 on $10k
Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.109%, 7d avg +0.134%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.026% cheaper against RISEx than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.134%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,038.70get 0.0000% / 1h3m 00s$312K$385K20x
ShortSunX MU-USDT1,039.90get 0.0000% / 8h3m 00s$11K$5.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.109% → +0.134%
−$2.58
Slippage, 4 orders
−$52.36
Fee RISEx: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$68.94
Costs to cover
0.664%
Break-even
never at this rate
Slippage from RISEx: live order book, 35 min ago; SunX: live order book, 6 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, 35 min ago0.92 bp3.9 bp −$44.5 bp −$45doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago21.56 bp33.0 bp −$33doesn't fitdoesn'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−0.0555%4h1,038.3−0.045%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0131%8h1,038.7−0.002%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.6−0.009%$21.2M$67.9M20xas long as short
Binance MUUSDT0.0000%8h1,038.6−0.017%$122.5M$536.8M50xas long as short
Bybit MUUSDT0.0000%8h1,038.6−0.013%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3−0.040%$29.8M$100.0M50xas long as short
RISEx MU/USDClong0.0000%1h1,038.7long leg$312K$385K20x
Gate MU_USDT0.0000%8h1,038.4−0.037%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3−0.043%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4−0.029%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.5−0.023%$188K$3.5M20xas long as short
SunX MU-USDTshort0.0000%8h1,039.9+0.109%$11K$5.5M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.5−0.020%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.4−0.031%$126K$481K50xas long as short
Bullet MU-USD+0.0006%1h1,038.6−0.014%$24K$388K10xas long as short
Nado MU-PERP+0.0018%1h1,038.5−0.020%$280K$802K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,038.3−0.042%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.5−0.024%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.5−0.024%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.097%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.215%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.7−0.008%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.9−0.084%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.8+0.004%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.4−0.033%$176.4M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.6−0.014%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.028%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.5−0.024%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.6−0.112%$1.9M$2.7M10xas long as short
Aevo MU-PERP+0.0080%1h1,038.3−0.042%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−0.039%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038.2−0.057%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.2−0.050%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5−0.025%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.6−0.014%$826$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.5−0.019%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.4−0.033%$531K$270K15xas long as short