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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: ApeX Omni against Aster+0.055%89s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.055%, 7d avg −0.006%
Together, before fees+0.060%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.061% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,0450get 0.0000% / 8h3h 14m$21.2M$56.7M20x
ShortApeX Omni MUUSDT1,045.60.0100get 0.0013% / 1h14m 02s$71K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
$21
Price spread: +0.055% → −0.006%
$6.06
Slippage, 4 orders
−$31.88
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$22.83
Costs to cover
0.499%
Break-even
14.6 days
Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 38 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago0.05 bp5.3 bp −$56.7 bp −$67doesn't fitdoesn't fit
Sell ApeX Omni live order book, 38 min ago8.58 bp19.2 bp −$19195.4 bp −$1,954doesn't fitdoesn't fit

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−0.0649%4h1,044.1−0.087%$1.3M$673K10xas long as short
Aster MUUSD1long0.0000%8h1,045long leg$21.2M$56.7M20x
Binance MUUSDT0.0000%8h1,044.9−0.014%$123.9M$523.2M50xas long as short
Bybit MUUSDT0.0000%8h1,045.1+0.010%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.8−0.020%$30.9M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,044.9−0.011%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,044.8−0.022%$62.1M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,045.2+0.015%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.2+0.012%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,045.3+0.030%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,045−0.001%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,047+0.191%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,044.9−0.014%$130K$435K50xas long as short
Deribit MU_USDC-PERPETUAL+0.0018%1h1,044.6−0.041%$73K$482K10xas long as short
Aftermath Perps MUUSD+0.0023%1h1,044.8−0.021%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,044.6−0.046%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,044.9−0.017%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,044.7−0.027%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,044.5−0.050%$560K$1.1M10xas long as short
Nado MU-PERP+0.0033%1h1,044.6−0.037%$281K$830K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.606%$19K$5K12xas long as short
Bullet MU-USD+0.0038%1h1,0450.000%$25K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,044.5−0.053%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.3+0.024%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,044.7−0.031%$177.2M$95.8M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,044.8−0.022%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,044.9−0.012%$686K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,044.8−0.025%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.1−0.092%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,044.5−0.053%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,044.6−0.041%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.4−0.059%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,045.6+0.055%$71K$269K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.7−0.033%$831$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6−0.041%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.9−0.010%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.2−0.079%$534K$271K15xas long as short