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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.023%
Price spread now: Aftermath Perps against SunX−0.022%54s7-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 4 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. Aftermath Perps is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 3.5 days of funding at the current rate (+$1 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,036.50get 0.0000% / 8h7h 55m$12K$5.5M10x
ShortAftermath Perps MUUSD1,036.30.0021get 0.0003% / 1h55m 24s$3K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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
$4.35
Price spread: −0.022% → 0.000%
−$2.19
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$14.85
Costs to cover
0.170%
Break-even
30.9 days
Slippage unknown: SunX: live order book, 3 min ago; Aftermath Perps: 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 SunX live order book, 3 min ago56.58 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.0168%4h1,036.3−0.022%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0116%8h1,033.6−0.284%$19.9M$40.5M50xas long as short
Aster MUUSD10.0000%8h1,034.8−0.170%$21.1M$68.3M20xas long as short
Binance MUUSDT0.0000%8h1,033.8−0.258%$121.9M$538.1M50xas long as short
Bybit MUUSDT0.0000%8h1,033.8−0.259%$18.8M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.2−0.323%$29.7M$100.3M50xas long as short
RISEx MU/USDC0.0000%1h1,034.1−0.236%$311K$381K20xas long as short
Gate MU_USDT0.0000%8h1,034.4−0.204%$62.1M$27.5M75xas long as short
Variational Omni MU0.0000%8h1,035.2−0.124%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.8+0.031%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.1−0.038%$187K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,033.4−0.301%$24K$388K10xas long as short
SunX MU-USDTlong0.0000%8h1,036.5long leg$12K$5.5M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,035.2−0.126%$73K$623K10xas long as short
HTX MU-USDT0.0000%8h1,035.4−0.111%$126K$483K50xas long as short
Aftermath Perps MUUSDshort+0.0021%1h1,036.3−0.022%$3K$43K10x
QFEX MU-USD+0.0027%1h1,034.1−0.232%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,034.2−0.229%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,034.4−0.205%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,033.5−0.287%$554K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.432%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,033.7−0.274%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.9−0.253%$176K25xas long as short
Nado MU-PERP+0.0048%1h1,033.3−0.313%$273K$807K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,033.1−0.330%$175.4M$80.8M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,033−0.340%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.4−0.109%$679K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,034−0.240%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,033.6−0.286%$1.9M$2.8M10xas long as short
Aevo MU-PERP+0.0080%1h1,035−0.143%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,035.2−0.123%$724K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,034.2−0.221%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,034−0.243%$5.2M$4.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037+0.050%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.8−0.070%$823$79920xas long as short
BloFin MU-USDT+0.0120%8h1,036.7+0.015%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,036.9+0.037%$530K$270K15xas long as short