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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0303%/8h= +33.2% APRnext payment +$3.03 per $10,000 · paid last 24h +0.066%
Price spread now: BloFin against SunX−0.146%7-day average −0.135% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$710.707% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.416%+$42 on $10k
Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.146%, 7d avg −0.135%
Together, before fees+0.460%+$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.135%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,049.90get 0.0000% / 8h7h 54m$11K$6.4M10x
ShortBloFin MU-USDT1,048.40.0303get 0.0303% / 8h7h 54m$1.5M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$63.63
Price spread: −0.146% → −0.135%
−$1.06
Slippage, 4 orders
−$50.72
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$8.15
Costs to cover
0.707%
Break-even
7.9 days
Slippage from SunX: live order book, 4 min ago; BloFin: live order book, 3 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 SunX live order book, 4 min ago21.54 bp25.5 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.05 bp6.1 bp −$66.9 bp −$6916.4 bp −$1,640doesn'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−0.0946%4h1,047−0.285%$1.3M$671K10xas long as short
Gate MU_USDT0.0000%8h1,048.2−0.165%$63.1M$28.3M75xas long as short
StandX MU-USD0.0000%1h1,046.9−0.291%$189K$3.3M20xas long as short
SunX MU-USDTlong0.0000%8h1,049.9long leg$11K$6.4M10x
HTX MU-USDT0.0000%8h1,048−0.190%$130K$418K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,045.8−0.395%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,048.2−0.170%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.073%$14K$25112xas long as short
Lighter MU+0.0040%1h1,048.3−0.159%$1.1M$4.7M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,048.7−0.122%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,046.4−0.334%$2.0M$2.2M10xas long as short
QFEX MU-USD+0.0054%1h1,048.5−0.142%$7.9M$23.5M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0055%1h1,048−0.187%$62K$291K10xas long as short
Nado MU-PERP+0.0063%1h1,047.8−0.202%$271K$863K10xas long as short
OKX MU-USDT-SWAP+0.0088%8h1,048.9−0.096%$30.9M$101.8M50xas long as short
Pacifica MU+0.0100%1h1,048.1−0.177%$153K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,047.2−0.260%$5.3M$3.7M20xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.3−0.159%$833$79920xas long as short
Paradex MU-USD-PERP+0.0106%8h1,048.2−0.162%$2K5xas long as short
Aevo MU-PERP+0.0128%1h1,047.3−0.255%$34K10xas long as short
Bitget MUUSDT+0.0138%8h1,048.5−0.133%$20.6M$41.6M50xas long as short
Variational Omni MU+0.0168%8h1,048.2−0.170%$2.7M$2.5Mas long as short
Aster MUUSD1+0.0175%8h1,047.8−0.201%$21.6M$47.8M20xas long as short
Binance MUUSDT+0.0183%8h1,048.8−0.104%$125.4M$526.4M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,046.7−0.312%$759K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0195%8h1,048−0.188%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,046.7−0.306%$71K$243K10xas long as short
Bybit MUUSDT+0.0265%8h1,048.8−0.113%$19.2M$32.6M100xas long as short
BloFin MU-USDTshort+0.0303%8h1,048.4−0.146%$1.5M$2.0M20x
RISEx MU/USDC+0.0312%1h1,048.5−0.136%$315K$339K20xas long as short
SoDEX MU-USD+0.0439%1h1,048.2−0.170%$688K$16K10xas long as short
ApeX Omni MUUSDT+0.0451%1h1,048.3−0.153%$71K$267K50xas long as short
Phoenix MU+0.0460%1h1,048−0.185%$536K$306K15xas long as short
Extended MU_24_5-USD+0.0536%1h1,044.4−0.532%$550K$1.0M10xas long as short
Polymarket Perps MU-USD+0.0708%1h1,047.3−0.251%$169K$202K10xas long as short
Bullet MU-USD+0.0984%1h1,048.2−0.162%$26K$394K10xas long as short
tradeXYZ xyz:MU+0.1091%1h1,047.5−0.232%$177.5M$105.2M10xas long as short