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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against ApeX Omni−0.130%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aevo is 0.130% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.130% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MUUSDT1,0520.0100pay 0.0013% / 1h22m 27s$71K$267K50x
ShortAevo MU-PERP1,050.60.0136get 0.0017% / 1h22m 27s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against ApeX Omni. 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
$7.56
Price spread: −0.130% → 0.000%
−$12.97
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$31.41
Costs to cover
0.260%
Break-even
36.1 days
Slippage unknown: ApeX Omni: live order book, 49 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 49 min ago7.41 bp17.9 bp −$18186.7 bp −$1,867doesn't fitdoesn't fit
Sell Aevo no order-book sample
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 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−0.0040%4h1,051.4−0.054%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,051.1−0.082%$62.8M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,049.6−0.222%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,052.1+0.015%$11K$6.2M10xas long as short
HTX MU-USDT0.0000%8h1,050.4−0.147%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,050.5−0.141%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,051−0.088%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.057%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,051.4−0.057%$1.1M$4.8M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.9−0.006%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,051−0.091%$171K$203K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050.3−0.155%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,051.2−0.069%$7.7M$21.9M10xas long as short
Nado MU-PERP+0.0086%1h1,050.8−0.109%$274K$858K10xas long as short
Paradex MU-USD-PERP+0.0092%8h1,051.4−0.057%$2K5xas long as short
Pacifica MU+0.0100%1h1,050.9−0.104%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.6−0.128%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDTlong+0.0100%1h1,052long leg$71K$267K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.9−0.100%$835$79920xas long as short
OKX MU-USDT-SWAP+0.0105%8h1,051.2−0.074%$30.9M$101.8M50xas long as short
SoDEX MU-USD+0.0106%1h1,050.7−0.122%$690K$16K10xas long as short
Aevo MU-PERPshort+0.0136%1h1,050.6−0.130%$32K$1K10x
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.342%$759K$1.2M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0188%1h1,050.8−0.107%$64K$305K10xas long as short
Bybit MUUSDT+0.0208%8h1,051.5−0.047%$19.5M$32.7M100xas long as short
Bullet MU-USD+0.0214%1h1,051.3−0.063%$25K$395K10xas long as short
Variational Omni MU+0.0224%8h1,051.7−0.029%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0238%8h1,050.6−0.133%$21.6M$48.3M20xas long as short
Binance MUUSDT+0.0238%8h1,051.2−0.073%$126.1M$522.2M50xas long as short
Arcus MU-USD+0.0240%1h1,050.8−0.112%$71K$243K10xas long as short
tradeXYZ xyz:MU+0.0242%1h1,050.8−0.110%$178.4M$100.3M10xas long as short
RISEx MU/USDC+0.0312%1h1,051.3−0.065%$316K$339K20xas long as short
BloFin MU-USDT+0.0356%8h1,051.1−0.082%$1.5M$2.0M20xas long as short
Bitget MUUSDT+0.0381%8h1,051.4−0.055%$20.6M$41.6M50xas long as short
Phoenix MU+0.0383%1h1,050.9−0.101%$538K$306K15xas long as short
Extended MU_24_5-USD+0.0384%1h1,050.7−0.121%$566K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0550%8h1,051.5−0.044%$83K$1.3M10xas long as short