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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.015%
Price spread now: Aevo against SoDEX−0.028%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.028% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MU-USD1,036.40.0050pay 0.0006% / 1h46m 06s$680K$15K10x
ShortAevo MU-PERP1,036.10.0080get 0.0010% / 1h46m 06s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. 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
$6.3
Price spread: −0.028% → 0.000%
−$2.83
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.53
Costs to cover
0.240%
Break-even
29.8 days
Slippage unknown: SoDEX: live order book, 63 min ago; Aevo: 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 SoDEX live order book, 63 min ago0.05 bp11.8 bp −$1243.5 bp −$435doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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−0.0762%4h1,038.3+0.185%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0121%8h1,036.6+0.018%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,037+0.058%$21.1M$57.6M20xas long as short
Binance MUUSDT0.0000%8h1,036.4+0.004%$121.4M$537.2M50xas long as short
Bybit MUUSDT0.0000%8h1,036.5+0.015%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.3−0.010%$29.9M$101.3M50xas long as short
RISEx MU/USDC0.0000%1h1,036.5+0.012%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,036.4+0.003%$61.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.8+0.135%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.8+0.142%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.6+0.023%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.7+0.128%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036.3−0.008%$74K$548K10xas long as short
HTX MU-USDT0.0000%8h1,036.3−0.011%$127K$441K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,037.2+0.076%$3K$44K10xas long as short
Bullet MU-USD+0.0021%1h1,036.5+0.016%$25K$389K10xas long as short
Nado MU-PERP+0.0026%1h1,036−0.033%$276K$816K10xas long as short
Lighter RH MU+0.0032%1h1,036.3−0.006%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.1−0.022%$541K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,036.1−0.023%$7.0M$18.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.447%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,036.5+0.011%$1.1M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,036.9+0.053%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.6+0.023%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.2−0.015%$176.2M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,036.4+0.004%$168K$196K10xas long as short
SoDEX MU-USDlong+0.0050%1h1,036.4long leg$680K$15K10x
Ondo Perps MU-USD.P+0.0050%1h1,035.6−0.071%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,036.3−0.006%$2K5xas long as short
Aevo MU-PERPshort+0.0080%1h1,036.1−0.028%$32K$1K10x
Pacifica MU+0.0100%1h1,036.1−0.028%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.3−0.011%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.4+0.096%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.4−0.001%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6+0.118%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.8+0.041%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,037.7+0.129%$531K$270K15xas long as short