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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h −0.008%
Price spread now: Aevo against Arcus+0.047%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aevo is 0.047% dearer against Arcus than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus MU-USD1,034.90.0040pay 0.0005% / 1h24m 45s$70K$231K10x
ShortAevo MU-PERP1,035.40.0080get 0.0010% / 1h24m 45s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Arcus. 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
$8.34
Price spread: +0.047% → 0.000%
$4.68
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$7.48
Costs to cover
0.205%
Break-even
13.3 days
Slippage unknown: Arcus: live order book, 23 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 Arcus live order book, 23 min ago3.74 bp9.4 bp −$913.5 bp −$135doesn'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−0.0386%4h1,034−0.090%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0097%8h1,036.1+0.109%$20.3M$41.1M50xas long as short
Aster MUUSD10.0000%8h1,035.6+0.069%$21.0M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,035.3+0.039%$121.6M$532.4M50xas long as short
Bybit MUUSDT0.0000%8h1,035.6+0.067%$18.5M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036+0.102%$29.9M$100.5M50xas long as short
RISEx MU/USDC0.0000%1h1,035.2+0.023%$316K$387K20xas long as short
Gate MU_USDT0.0000%8h1,035.2+0.025%$61.4M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,034.5−0.044%$2.6M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037+0.204%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,034.5−0.041%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,036.9+0.189%$11K$5.7M10xas long as short
HTX MU-USDT0.0000%8h1,035.4+0.050%$127K$448K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,035.2+0.025%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,034.8−0.014%$7.0M$18.1M10xas long as short
Nado MU-PERP+0.0027%1h1,034.8−0.010%$276K$819K10xas long as short
Bullet MU-USD+0.0032%1h1,035.7+0.074%$25K$389K10xas long as short
Lighter RH MU+0.0032%1h1,035.4+0.049%$1.2M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,034.7−0.017%$538K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.589%$19K$5K12xas long as short
Arcus MU-USDlong+0.0040%1h1,034.9long leg$70K$231K10x
Vest MU-USD-PERP+0.0046%1h1,034.8−0.010%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.2+0.027%$175.9M$91.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.3+0.037%$168K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,034.8−0.010%$679K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.3+0.039%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,035.7+0.077%$2K5xas long as short
Aevo MU-PERPshort+0.0080%1h1,035.4+0.047%$32K$1K10x
Pacifica MU+0.0100%1h1,035.2+0.026%$147K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,034.9−0.003%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,034.3−0.064%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035+0.008%$823$79920xas long as short
Lighter MU+0.0112%1h1,035.3+0.033%$1.0M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,035.9+0.090%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,035.7+0.072%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,035+0.008%$529K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0301%1h1,035.7+0.072%$73K$515K10xas long as short