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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0070%/8h= −7.7% APRnext payment $0.09 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Aevo+0.028%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SoDEX is 0.028% dearer against Aevo than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,050.20.0120pay 0.0015% / 1h50m 38s$32K$1K10x
ShortSoDEX MU-USD1,050.50.0050get 0.0006% / 1h50m 38s$689K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aevo. 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
−$14.7
Price spread: +0.028% → 0.000%
$2.82
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$35.88
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; SoDEX: live order book, 13 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 Aevo no order-book sample
Sell SoDEX live order book, 13 min ago0.05 bp12.3 bp −$1240.0 bp −$400doesn't fitdoesn't fit
Aevo: 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 36 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−0.0504%4h1,050.4+0.020%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,050.8+0.056%$333K$349K20xas long as short
Gate MU_USDT0.0000%8h1,050.3+0.010%$62.1M$27.4M75xas long as short
StandX MU-USD0.0000%1h1,050.1−0.015%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.2+0.187%$11K$5.9M10xas long as short
HTX MU-USDT0.0000%8h1,050.4+0.014%$129K$427K50xas long as short
Aftermath Perps MUUSD+0.0019%1h1,050.3+0.011%$3K$45K10xas long as short
GRVT MU_USDT_Perp+0.0021%8h1,050.7+0.046%$79K$1.3M10xas long as short
Bybit MUUSDT+0.0024%8h1,050.9+0.062%$19.2M$32.4M100xas long as short
QFEX MU-USD+0.0030%1h1,050.4+0.022%$7.2M$18.5M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,050.3+0.006%$1.2M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.5−0.065%$564K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.109%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,050.3+0.007%$71K$235K10xas long as short
OKX MU-USDT-SWAP+0.0043%8h1,050.7+0.043%$31.0M$100.2M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.2+0.091%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.3+0.008%$170K$202K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,050.5+0.028%$689K$16K10x
Ondo Perps MU-USD.P+0.0050%1h1,049.7−0.048%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0060%8h1,050.7+0.045%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.026%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.4+0.014%$149K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.5+0.030%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.8+0.056%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.6+0.036%$835$79920xas long as short
Aster MUUSD1+0.0111%8h1,050.3+0.013%$21.5M$52.1M20xas long as short
Lighter MU+0.0112%1h1,050.5+0.030%$1.1M$4.8M20xas long as short
Nado MU-PERP+0.0115%1h1,049.9−0.032%$280K$850K10xas long as short
Aevo MU-PERPlong+0.0120%1h1,050.2long leg$32K$1K10x
tradeXYZ xyz:MU+0.0140%1h1,050.3+0.008%$178.3M$99.2M10xas long as short
Variational Omni MU+0.0144%8h1,050.4+0.022%$2.7M$2.3Mas long as short
Bullet MU-USD+0.0164%1h1,050.6+0.035%$26K$397K10xas long as short
Binance MUUSDT+0.0166%8h1,050.5+0.027%$126.5M$520.1M50xas long as short
Bitget MUUSDT+0.0170%8h1,050.5+0.028%$20.6M$41.2M50xas long as short
Phoenix MU+0.0229%1h1,050.7+0.046%$537K$271K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0255%1h1,050.4+0.015%$66K$354K10xas long as short