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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0106%/8h= −11.6% APRnext payment $1.06 per $10,000 · paid last 24h −0.005%
Price spread now: Paradex against Binance−0.020%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,050.80.0166pay 0.0166% / 8h5h 51m$126.6M$520.1M50x
ShortParadex MU-USD-PERP1,050.60.0060get 0.0060% / 8h5h 51m$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Binance. 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
−$22.33
Price spread: −0.020% → 0.000%
−$1.96
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$38.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Paradex: 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 Binance live order book, 8 min ago0.05 bp5.0 bp −$56.4 bp −$6416.7 bp −$1,674doesn't fit
Sell Paradex no order-book sample
Paradex: 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%4h1,050.4−0.036%$1.3M$671K10xas long as short
RISEx MU/USDC0.0000%1h1,050.7−0.005%$333K$349K20xas long as short
Gate MU_USDT0.0000%8h1,050.5−0.029%$62.1M$27.4M75xas long as short
StandX MU-USD0.0000%1h1,050.1−0.071%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.2+0.131%$11K$5.9M10xas long as short
HTX MU-USDT0.0000%8h1,050.4−0.042%$129K$427K50xas long as short
Aftermath Perps MUUSD+0.0019%1h1,050.3−0.045%$3K$45K10xas long as short
GRVT MU_USDT_Perp+0.0021%8h1,050.7−0.010%$79K$1.3M10xas long as short
Bybit MUUSDT+0.0021%8h1,051+0.021%$19.2M$32.4M100xas long as short
QFEX MU-USD+0.0030%1h1,050.5−0.033%$7.3M$18.5M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,050.5−0.033%$1.2M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.8−0.096%$564K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.053%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,050.3−0.050%$71K$235K10xas long as short
OKX MU-USDT-SWAP+0.0043%8h1,050.8+0.001%$31.0M$100.2M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.2+0.035%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.3−0.048%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.5−0.028%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050−0.077%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERPshort+0.0060%8h1,050.6−0.020%$2K5x
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.082%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.6−0.020%$149K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.4−0.038%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.80.000%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.6−0.020%$835$79920xas long as short
Lighter MU+0.0112%1h1,050.5−0.026%$1.1M$4.8M20xas long as short
Aster MUUSD1+0.0112%8h1,050.3−0.050%$21.5M$52.1M20xas long as short
Nado MU-PERP+0.0115%1h1,049.9−0.088%$280K$850K10xas long as short
Aevo MU-PERP+0.0120%1h1,050.2−0.056%$32K$1K10xas long as short
tradeXYZ xyz:MU+0.0139%1h1,050.2−0.057%$178.3M$99.2M10xas long as short
Variational Omni MU+0.0148%8h1,050.2−0.056%$2.7M$2.3Mas long as short
Bullet MU-USD+0.0164%1h1,050.6−0.021%$26K$397K10xas long as short
Binance MUUSDTlong+0.0166%8h1,050.8long leg$126.6M$520.1M50x
Bitget MUUSDT+0.0170%8h1,050.5−0.028%$20.6M$41.2M50xas long as short
Phoenix MU+0.0229%1h1,050.7−0.010%$537K$271K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0255%1h1,050.4−0.041%$66K$354K10xas long as short