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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.040%
Price spread now: Pacifica against SunX−0.262%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 3 days (all we have)+0.253%+$25 · spread now −0.262%, 7d avg −0.174%
Together, before fees+0.436%+ Points / potential airdropPacifica: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.088% cheaper against SunX than usual: you would sell low and buy high (spread −0.262% now, against its 7-day average of −0.174%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,046.10get 0.0000% / 8h2h 27m$11K$6.7M10x
ShortPacifica MU1,043.40.0100get 0.0013% / 1h27m 10s$153K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$21
Price spread: −0.262% → −0.174%
−$8.76
Slippage, 4 orders
−$58.84
Fee SunX: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$62.6
Costs to cover
0.748%
Break-even
27.9 days
Slippage from SunX: live order book, 12 min ago; Pacifica: live order book, 60 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, 12 min ago21.60 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 60 min ago2.40 bp8.4 bp −$8doesn't fitdoesn't fitdoesn'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−0.0845%4h1,043.7−0.226%$1.3M$674K10xas long as short
Aster MUUSD10.0000%8h1,044.6−0.140%$21.5M$43.2M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.2−0.185%$30.7M$104.4M50xas long as short
Gate MU_USDT0.0000%8h1,044.2−0.177%$63.0M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,043−0.295%$189K$3.3M20xas long as short
SunX MU-USDTlong0.0000%8h1,046.1long leg$11K$6.7M10x
HTX MU-USDT0.0000%8h1,043.9−0.213%$125K$443K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,043.7−0.229%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,044−0.199%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.442%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0038%8h1,043.9−0.210%$2.7M$2.7Mas long as short
Vest MU-USD-PERP+0.0046%1h1,043.9−0.211%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.238%$165K$176K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.291%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0057%1h1,044.2−0.179%$7.8M$24.1M10xas long as short
SoDEX MU-USD+0.0057%1h1,044.3−0.176%$685K$16K10xas long as short
Bitget MUUSDT+0.0061%8h1,044.1−0.188%$20.5M$42.9M50xas long as short
Binance MUUSDT+0.0076%8h1,044.3−0.168%$124.8M$540.2M50xas long as short
Aevo MU-PERP+0.0096%1h1,044−0.204%$33K10xas long as short
Pacifica MUshort+0.0100%1h1,043.4−0.262%$153K$182K10x
KuCoin MUUSDTM+0.0100%8h1,043.6−0.243%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.5−0.251%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.3−0.175%$830$79920xas long as short
Paradex MU-USD-PERP+0.0109%8h1,043.8−0.218%$2K5xas long as short
GRVT MU_USDT_Perp+0.0126%8h1,043.9−0.212%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.3−0.271%$756K$1.8M10xas long as short
Bybit MUUSDT+0.0163%8h1,044.6−0.146%$19.1M$32.5M100xas long as short
tradeXYZ xyz:MU+0.0177%1h1,044.1−0.190%$176.4M$107.0M10xas long as short
Nado MU-PERP+0.0194%1h1,043.2−0.272%$307K$845K10xas long as short
BloFin MU-USDT+0.0196%8h1,044.2−0.180%$1.5M$2.1M20xas long as short
RISEx MU/USDC+0.0202%1h1,044.1−0.190%$288K$331K20xas long as short
Lighter MU+0.0224%1h1,044.2−0.180%$1.0M$4.8M20xas long as short
Arcus MU-USD+0.0226%1h1,044−0.197%$63K$236K10xas long as short
Bullet MU-USD+0.0229%1h1,044.2−0.181%$25K$399K10xas long as short
Phoenix MU+0.0230%1h1,044.1−0.190%$534K$303K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0325%1h1,044−0.196%$57K$213K10xas long as short
Extended MU_24_5-USD+0.0632%1h1,043−0.294%$539K$1.0M10xas long as short