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−0.0859%/8h= −94.1% APRpaid last 24h +0.015%
Price spread now: edgeX against SunX−0.237%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs+$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.843%+$84 on $10k
Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.237%, 7d avg −0.153%
Together, before fees+1.040%+ Points / potential airdropedgeX: Active · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and edgeX is 0.084% cheaper against SunX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.153%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.843%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,045.50get 0.0000% / 8h2h 50m$11K$5.7M10x
ShortedgeX MUUSDC1,043−0.0859pay 0.0430% / 4h2h 50m$1.3M$672K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$180.41
Price spread: −0.237% → −0.153%
−$8.35
Slippage, 4 orders
−$50.94
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$256.7
Costs to cover
0.679%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; edgeX: 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, 8 min ago21.60 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago0.29 bp4.9 bp −$56.8 bp −$6829.8 bp −$2,982doesn'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 MUUSDCshort−0.0859%4h1,043−0.237%$1.3M$672K10x
Aster MUUSD10.0000%8h1,044−0.147%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,043.5−0.187%$123.0M$526.3M50xas long as short
Bybit MUUSDT0.0000%8h1,043.8−0.166%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.8−0.160%$30.5M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,043.6−0.178%$337K$354K20xas long as short
Gate MU_USDT0.0000%8h1,043.5−0.196%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.7−0.170%$20.5M$41.2M50xas long as short
Variational Omni MU0.0000%8h1,043.4−0.200%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043.5−0.192%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.1−0.234%$189K$3.5M20xas long as short
SunX MU-USDTlong0.0000%8h1,045.5long leg$11K$5.7M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.6−0.179%$73K$501K10xas long as short
HTX MU-USDT0.0000%8h1,043.3−0.210%$128K$440K50xas long as short
Nado MU-PERP+0.0018%1h1,043.3−0.211%$281K$821K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,042.2−0.314%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,043.6−0.184%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,043.3−0.209%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,043.3−0.210%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.560%$19K$5K12xas long as short
Bullet MU-USD+0.0034%1h1,043.6−0.182%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.7−0.268%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.2−0.122%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.2−0.220%$177.3M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.5−0.191%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.3−0.209%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043−0.244%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,043.8−0.164%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,043.2−0.224%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.6−0.180%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.5−0.189%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.1−0.226%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.7−0.177%$830$79920xas long as short
BloFin MU-USDT+0.0120%8h1,043.6−0.182%$1.5M$2.0M20xas long as short
Lighter MU+0.0128%1h1,043.7−0.176%$1.1M$4.9M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3−0.209%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043−0.239%$534K$270K15xas long as short