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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%
Price spread now: SoDEX against SunX−0.176%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$820.821% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.060%+$6 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.176%, 7d avg −0.165%
Together, before fees+0.122%+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.165%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,047.70get 0.0000% / 8h19m 43s$12K$6.5M10x
ShortSoDEX MU-USD1,045.90.0050get 0.0006% / 1h19m 43s$686K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$10.5
Price spread: −0.176% → −0.165%
−$1.06
Slippage, 4 orders
−$66.14
Fee SunX: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$72.7
Costs to cover
0.821%
Break-even
55.5 days
Slippage from SunX: live order book, 9 min ago; SoDEX: live order book, 59 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, 9 min ago21.56 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell SoDEX live order book, 59 min ago0.05 bp11.9 bp −$1240.0 bp −$400doesn'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−0.0889%4h1,045.4−0.223%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.185%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.2−0.240%$189K$3.3M20xas long as short
SunX MU-USDTlong0.0000%8h1,047.7long leg$12K$6.5M10x
HTX MU-USDT0.0000%8h1,046−0.162%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0030%1h1,045.1−0.251%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.8−0.185%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.287%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.2−0.144%$194K25xas long as short
Deribit MU_USDC-PERPETUAL+0.0047%1h1,045.6−0.202%$62K$277K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,045.6−0.200%$169K$193K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,045.9−0.176%$686K$16K10x
Ondo Perps MU-USD.P+0.0050%1h1,045−0.260%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0073%8h1,045.9−0.175%$30.8M$105.0M50xas long as short
Lighter MU+0.0080%1h1,045.7−0.187%$1.0M$4.9M20xas long as short
QFEX MU-USD+0.0080%1h1,045.9−0.173%$7.8M$23.9M10xas long as short
Pacifica MU+0.0100%1h1,045.5−0.213%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.4−0.216%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8−0.178%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.8−0.178%$831$79920xas long as short
Paradex MU-USD-PERP+0.0111%8h1,045.7−0.195%$2K5xas long as short
Bullet MU-USD+0.0114%1h1,046−0.165%$25K$394K10xas long as short
Bitget MUUSDT+0.0118%8h1,045.9−0.172%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,045.8−0.181%$33K10xas long as short
Nado MU-PERP+0.0161%1h1,045.5−0.211%$271K$875K10xas long as short
Aster MUUSD1+0.0162%8h1,046.1−0.156%$21.5M$47.3M20xas long as short
Variational Omni MU+0.0178%8h1,045.7−0.191%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0189%8h1,045.9−0.172%$124.4M$532.7M50xas long as short
tradeXYZ xyz:MU+0.0196%1h1,045.5−0.210%$176.7M$104.5M10xas long as short
GRVT MU_USDT_Perp+0.0220%8h1,045.5−0.207%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.265%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0266%8h1,046−0.161%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0309%8h1,045.9−0.177%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0376%1h1,045−0.258%$541K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,045.6−0.200%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.7−0.195%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,046−0.160%$316K$339K20xas long as short