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+0.0260%/8h= +28.5% APRpaid last 24h +0.037%
Price spread now: BloFin against SoDEX+0.026%56s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$360.361% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.099%+$10 on $10k
Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.026%, 7d avg +0.030%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MU-USD1,045.70.0050pay 0.0006% / 1h15m 55s$686K$16K10x
ShortBloFin MU-USDT1,045.90.0310get 0.0310% / 8h15m 55s$1.5M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$54.7
Price spread: +0.026% → +0.030%
−$0.39
Slippage, 4 orders
−$16.09
Fee SoDEX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$18.22
Costs to cover
0.361%
Break-even
4.7 days
Slippage from SoDEX: live order book, 63 min ago; BloFin: live order book, 2 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 SoDEX live order book, 63 min ago0.05 bp11.7 bp −$1238.9 bp −$389doesn't fitdoesn't fit
Sell BloFin live order book, 2 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−0.0645%4h1,045.9+0.025%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.7+0.004%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.5−0.013%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.180%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.70.000%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0028%1h1,045.4−0.023%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.7+0.003%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.484%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.043%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.5−0.014%$169K$193K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USDlong+0.0050%1h1,045.7long leg$686K$16K10x
Ondo Perps MU-USD.P+0.0050%1h1,045−0.064%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0071%8h1,045.8+0.016%$30.8M$104.7M50xas long as short
Lighter MU+0.0072%1h1,045.6−0.003%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.8+0.018%$7.9M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.025%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.003%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.005%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.7+0.009%$831$79920xas long as short
Deribit MU_USDC-PERPETUAL+0.0104%1h1,045.6−0.003%$62K$282K10xas long as short
Paradex MU-USD-PERP+0.0107%8h1,045.8+0.014%$2K5xas long as short
Bullet MU-USD+0.0107%1h1,045.8+0.014%$25K$395K10xas long as short
Bitget MUUSDT+0.0117%8h1,045.8+0.013%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.6−0.004%$33K10xas long as short
Nado MU-PERP+0.0156%1h1,045.4−0.024%$271K$875K10xas long as short
Aster MUUSD1+0.0166%8h1,046.3+0.059%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.8+0.011%$2.7M$2.5Mas long as short
tradeXYZ xyz:MU+0.0186%1h1,045.6−0.005%$176.7M$104.6M10xas long as short
Binance MUUSDT+0.0190%8h1,045.8+0.017%$124.4M$532.0M50xas long as short
GRVT MU_USDT_Perp+0.0219%8h1,046.1+0.046%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.070%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0264%8h1,046+0.029%$19.2M$32.4M100xas long as short
BloFin MU-USDTshort+0.0310%8h1,045.9+0.026%$1.5M$2.0M20x
Extended MU_24_5-USD+0.0360%1h1,045.2−0.048%$545K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.6−0.005%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.7+0.008%$71K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.3+0.058%$317K$339K20xas long as short