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+0.0480%/8h= +52.5% APRnext payment +$0.60 per $10,000 · paid last 24h +0.073%
Price spread now: RISEx against Vest+0.021%7-day average −0.665% · 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 3 days (all we have)−0.006%−$1 on $10k
Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.021%, 7d avg −0.665%
Together, before fees−0.012%+ Points / potential airdropVest: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.686% dearer against Vest than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of −0.665%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.006% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest MU-USD-PERP1,045.80.0046pay 0.0006% / 1h36m 33s$194K25x
ShortRISEx MU/USDC1,0460.0525get 0.0066% / 1h36m 33s$316K$339K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$100.76
Price spread: +0.021% → −0.665%
$68.55
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee RISEx: 3 bp × 2 orders
−$6
Net
$161.31
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Vest: no order-book sample; RISEx: live order book, 42 min ago. 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 Vest no order-book sample
Sell RISEx live order book, 42 min ago1.01 bp4.0 bp −$45.4 bp −$54doesn't fitdoesn't fit
Vest: 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−0.0674%4h1,046+0.014%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.6−0.017%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.4−0.037%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,047.5+0.164%$12K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.5−0.032%$124K$444K50xas long as short
Lighter RH MU+0.0032%1h1,045.5−0.028%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.468%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0034%1h1,045.5−0.028%$3K$45K10xas long as short
Vest MU-USD-PERPlong+0.0046%1h1,045.8long leg$194K25x
Polymarket Perps MU-USD+0.0050%1h1,045.1−0.069%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.6−0.026%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.9−0.088%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,045.6−0.017%$7.8M$23.9M10xas long as short
OKX MU-USDT-SWAP+0.0081%8h1,045.5−0.031%$30.8M$105.2M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0094%1h1,045.5−0.028%$62K$264K10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.043%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.5−0.027%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,046.3+0.046%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.6−0.019%$831$79920xas long as short
Lighter MU+0.0120%1h1,045.5−0.033%$998K$4.8M20xas long as short
Bitget MUUSDT+0.0133%8h1,045.6−0.023%$20.5M$43.5M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.5−0.033%$33K10xas long as short
Paradex MU-USD-PERP+0.0139%8h1,045.6−0.020%$2K5xas long as short
Aster MUUSD1+0.0173%8h1,046.3+0.042%$21.6M$47.3M20xas long as short
Bullet MU-USD+0.0187%1h1,045.8−0.006%$25K$394K10xas long as short
Variational Omni MU+0.0202%8h1,046.1+0.024%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0210%8h1,045.5−0.033%$124.6M$533.1M50xas long as short
Nado MU-PERP+0.0217%1h1,045−0.075%$270K$876K10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.033%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0255%8h1,046.3+0.049%$82K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0260%1h1,045.7−0.011%$176.7M$105.0M10xas long as short
Bybit MUUSDT+0.0281%8h1,045.6−0.024%$19.2M$32.6M100xas long as short
BloFin MU-USDT+0.0332%8h1,045.7−0.008%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,045.9+0.008%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.3−0.046%$74K$240K10xas long as short
RISEx MU/USDCshort+0.0525%1h1,046+0.021%$316K$339K20x
Extended MU_24_5-USD+0.0632%1h1,045−0.077%$542K$1.1M10xas long as short