Funding arb · Price arb / RWA

MU

RWAAll MU markets →

LONGTxFlow▾Aster 0.0000%RISEx 0.0000%QFEX 0.0000%KuCoin 0.0000%StandX 0.0000%SunX 0.0000%Variational Omni +0.0037%Arcus +0.0038%Vest Markets +0.0046%Backpack +0.0050%MEXC +0.0085%Binance +0.0089%Phoenix +0.0089%Reya +0.0100%Phemex +0.0100%Aevo +0.0104%Gate +0.0160%Orderly +0.0174%BloFin +0.0201%AZverse +0.0238%Kraken Futures +0.0264%HTX +0.0271%Pacifica +0.0283%Bitget +0.0312%OKX +0.0333%Paradex +0.0454%BingX +0.0565%Deribit +0.0600%Bybit +0.0613%edgeX +0.0632%GRVT +0.0643%TxFlow +0.0662%Aftermath Perps +0.0689%Nado +0.0755%Extended +0.0912%Lighter RH +0.0984%Lighter +0.1024%tradeXYZ +0.1100%Polymarket Perps +0.1365%Ondo Perps +0.1409%SoDEX +0.1710%ApeX Omni +0.1817%Bullet +0.1898%Popdex +0.2120%

⇄⇅

SHORTAvantis▾Popdex +0.2120%Bullet +0.1898%ApeX Omni +0.1817%SoDEX +0.1710%Ondo Perps +0.1409%Polymarket Perps +0.1365%tradeXYZ +0.1100%Lighter +0.1024%Lighter RH +0.0984%Extended +0.0912%Nado +0.0755%Aftermath Perps +0.0689%GRVT +0.0643%edgeX +0.0632%Bybit +0.0613%Deribit +0.0600%BingX +0.0565%Paradex +0.0454%OKX +0.0333%Bitget +0.0312%Pacifica +0.0283%HTX +0.0271%Kraken Futures +0.0264%AZverse +0.0238%BloFin +0.0201%Orderly +0.0174%Gate +0.0160%Avantis −0.0112%Aevo +0.0104%Reya +0.0100%Phemex +0.0100%Phoenix +0.0089%Binance +0.0089%MEXC +0.0085%Backpack +0.0050%Vest Markets +0.0046%Arcus +0.0038%Variational Omni +0.0037%Aster 0.0000%RISEx 0.0000%QFEX 0.0000%KuCoin 0.0000%StandX 0.0000%SunX 0.0000%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	TxFlowMU-USDC	894.95	+0.0662	pay 0.0083% / 1h	46m 46s	$238K	$297K	20x	Long TxFlow5% off
SHORT	AvantisMU/USD	879.92	L +0.0149S −0.0112	get 0.0014% / 1h	46m 46s	$99K	—	5x	Short Avantis

Price gap−1.679%

Funding gap−0.0550% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 1.679% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.365% in total, about −0.0174%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now−1.679%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

TxFlowAvantis

MU on 45 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

• i
  Note: Order book unknown—

  No order-book sample for Avantis: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $2,000

  TxFlow 20x, Avantis 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long TxFlow · 1h−$19.86

  Short Avantis · 1h+$3.37

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$16.50Long TxFlow: 24 payments, −$19.86; short Avantis: 24 payments, +$3.37.
• i
  Note: No 7-day spread history−1.679%

  The gap cannot be compared with its average yet.
• !
  Watch: Short leg is thinner$99K vs $238K OI

  Avantis sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legTxFlow points · Avantis Season 3

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legTxFlow No · Avantis No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0174%/8h × 21 periods−$36.47

Price spread−1.679% → 0−$167.94

Slippage, 4 ordersno data for Avantis—

Fee TxFlow bp × 2 orders−$9.00

Fee Avantis bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$222.41

Costs to cover0.180%Break-evennever at this rate

Slippage: TxFlow: live order book, 10 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGTxFlow2.186.9 bp−$710.8 bp−$10826.6 bp−$2,660136.0 bp−$68.0K

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →

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