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+0.0033%/8h= +3.6% APRpaid last 24h +0.008%
Price spread now: Injective against SunX+1.732%7-day average · you sell dearer than you buy
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 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.732% dearer against SunX than usual: you sell high and buy low: +$173 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,033.50get 0.0000% / 8h7h 48m$11K$5.4M10x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h48m 48s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$7
Price spread: +1.732% → 0.000%
$173.2
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$172.18
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: SunX: live order book, 10 min ago; Injective: 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, 10 min ago56.58 bp60.6 bp −$61doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0378%4h1,032−0.145%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0102%8h1,030.8−0.254%$19.8M$40.6M50xas long as short
Aster MUUSD10.0000%8h1,030.5−0.283%$21.1M$68.4M20xas long as short
Binance MUUSDT0.0000%8h1,030.4−0.292%$121.4M$541.8M50xas long as short
Bybit MUUSDT0.0000%8h1,030.5−0.284%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,030.3−0.307%$29.6M$100.8M50xas long as short
RISEx MU/USDC0.0000%1h1,031.3−0.207%$310K$380K20xas long as short
Gate MU_USDT0.0000%8h1,030.3−0.309%$61.9M$27.8M75xas long as short
Variational Omni MU0.0000%8h1,032.2−0.120%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,032.4−0.100%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,032.5−0.092%$187K$3.6M20xas long as short
SunX MU-USDTlong0.0000%8h1,033.5long leg$11K$5.4M10x
HTX MU-USDT0.0000%8h1,032.3−0.114%$120K$493K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,032.5−0.098%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,031.3−0.212%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,030.2−0.314%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,029.6−0.374%$550K$1.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4+1.732%$19K$5K12x
Arcus MU-USD+0.0040%1h1,031.2−0.215%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,031.4−0.204%$177K25xas long as short
Lighter MU+0.0048%1h1,030.3−0.304%$993K$4.9M20xas long as short
tradeXYZ xyz:MU+0.0050%1h1,030.3−0.306%$174.6M$80.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,030.9−0.248%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,031−0.237%$677K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,030−0.340%$1.9M$2.8M10xas long as short
Paradex MU-USD-PERP+0.0055%8h1,030.5−0.289%$2K5xas long as short
Bullet MU-USD+0.0069%1h1,032.1−0.132%$25K$389K10xas long as short
Nado MU-PERP+0.0071%1h1,031.1−0.228%$273K$807K10xas long as short
Aevo MU-PERP+0.0080%1h1,031.7−0.166%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,032−0.145%$721K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,029.9−0.341%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,030.1−0.326%$5.1M$4.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032.6−0.085%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,030.9−0.252%$820$79920xas long as short
BloFin MU-USDT+0.0120%8h1,032.1−0.133%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,030.5−0.286%$527K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0594%1h1,032.2−0.122%$73K$624K10xas long as short