Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.057%

Price spread now: Paradex against Vest−0.035%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.035% cheaper against Vest than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MU-USD-PERP	1,046.1	0.0046	pay 0.0006% / 1h	15m 01s	—	$194K	25x
Short	Paradex MU-USD-PERP	1,045.7	0.0106	get 0.0106% / 8h	15m 01s	$2K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee ParadexbpOrdersPrice spread, now −0.035%Rate

Funding earned: $12.61
Price spread: −0.035% → 0.000%: −$3.49
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.11
Costs to cover: 0.060%
Break-even: 5.3 days

Slippage unknown: Vest: no order-book sample; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Vest and Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0252%	4h	1,045.9	−0.022%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.6	−0.051%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.5	−0.058%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.4	+0.128%	$11K	$6.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.5	−0.056%	$62K	$283K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.5	−0.058%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0028%	1h	1,045.5	−0.058%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.6	−0.044%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.442%	$14K	$302	12x	as long as short
Vest MU-USD-PERPlong	+0.0046%	1h	1,046.1	long leg	—	$194K	25x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,045.5	−0.056%	$169K	$193K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.6	−0.052%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.7	−0.134%	$2.0M	$2.7M	10x	as long as short
OKX MU-USDT-SWAP	+0.0070%	8h	1,045.7	−0.040%	$30.8M	$104.7M	50x	as long as short
Lighter MU	+0.0072%	1h	1,045.5	−0.054%	$1.0M	$4.9M	20x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.7	−0.038%	$7.9M	$23.9M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	−0.067%	$153K	$183K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.5	−0.053%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,046	−0.011%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	−0.032%	$831	$799	20x	as long as short
Bullet MU-USD	+0.0104%	1h	1,045.7	−0.037%	$25K	$395K	10x	as long as short
Paradex MU-USD-PERPshort	+0.0106%	8h	1,045.7	−0.035%	$2K	—	5x
Bitget MUUSDT	+0.0116%	8h	1,045.7	−0.041%	$20.5M	$43.5M	50x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,045.5	−0.056%	$33K	—	10x	as long as short
Nado MU-PERP	+0.0154%	1h	1,045.4	−0.070%	$271K	$875K	10x	as long as short
Aster MUUSD1	+0.0165%	8h	1,046.3	+0.017%	$21.5M	$47.3M	20x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	−0.031%	$2.7M	$2.5M	—	as long as short
tradeXYZ xyz:MU	+0.0182%	1h	1,045.5	−0.056%	$176.7M	$104.6M	10x	as long as short
Binance MUUSDT	+0.0188%	8h	1,045.8	−0.032%	$124.4M	$532.0M	50x	as long as short
GRVT MU_USDT_Perp	+0.0218%	8h	1,045.9	−0.020%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.112%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0262%	8h	1,045.8	−0.024%	$19.2M	$32.4M	100x	as long as short
BloFin MU-USDT	+0.0308%	8h	1,045.7	−0.036%	$1.5M	$2.0M	20x	as long as short
Extended MU_24_5-USD	+0.0344%	1h	1,045.2	−0.090%	$545K	$1.1M	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046	−0.009%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.7	−0.039%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,046.1	−0.003%	$316K	$339K	20x	as long as short