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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h −0.012%
Price spread now: RISEx against BloFin−0.003%97s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.222% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.158%−$16 on $10k
Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.003%, 7d avg +0.001%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,039.70.0120pay 0.0120% / 8h5h 41m$1.5M$2.6M20x
ShortRISEx MU/USDC1,039.70.0118get 0.0015% / 1h41m 25s$299K$351K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against BloFin. 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
−$0.43
Price spread: −0.003% → +0.001%
−$0.4
Slippage, 4 orders
−$4.25
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$23.08
Costs to cover
0.222%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; RISEx: live order book, 5 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 BloFin live order book, 5 min ago0.77 bp6.9 bp −$78.3 bp −$83doesn't fitdoesn't fit
Sell RISEx live order book, 5 min ago0.82 bp3.8 bp −$45.7 bp −$57doesn't fitdoesn't fit

MU on 37 exchanges

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−0.0853%4h1,038.8−0.084%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,039.8+0.005%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,039.5−0.021%$121.7M$555.3M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,039.5−0.020%$29.7M$107.3M50xas long as short
Gate MU_USDT0.0000%8h1,039.4−0.027%$61.5M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,039.4−0.029%$19.8M$43.6M50xas long as short
Variational Omni MU0.0000%8h1,039.1−0.063%$2.6M$2.6Mas long as short
StandX MU-USD0.0000%1h1,039.3−0.038%$188K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,041.4+0.158%$11K$5.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.8−0.087%$34K$727K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,039.3−0.037%$119K$474K50xas long as short
Lighter RH MU+0.0032%1h1,039.5−0.024%$1.2M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.121%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0035%1h1,039.2−0.047%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040.5+0.076%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,039.2−0.049%$169K$171K10xas long as short
SoDEX MU-USD+0.0050%1h1,039.1−0.058%$683K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.2−0.143%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,039.6−0.014%$7.0M$19.3M10xas long as short
Bybit MUUSDT+0.0077%8h1,039.8+0.009%$18.8M$32.4M100xas long as short
Paradex MU-USD-PERP+0.0079%8h1,039.6−0.015%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.9−0.074%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.1−0.058%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,039.3−0.038%$5.2M$6.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.8−0.091%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039.5−0.022%$826$79920xas long as short
RISEx MU/USDCshort+0.0118%1h1,039.7−0.003%$299K$351K20x
BloFin MU-USDTlong+0.0120%8h1,039.7long leg$1.5M$2.6M20x
Nado MU-PERP+0.0126%1h1,038.8−0.087%$276K$840K10xas long as short
Arcus MU-USD+0.0139%1h1,038.8−0.084%$90K$147K10xas long as short
Lighter MU+0.0168%1h1,039.5−0.018%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,038.5−0.119%$727K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0197%8h1,039.7−0.005%$74K$1.4M10xas long as short
Bullet MU-USD+0.0208%1h1,039.5−0.020%$24K$384K10xas long as short
tradeXYZ xyz:MU+0.0237%1h1,039.2−0.049%$177.2M$75.7M10xas long as short
Phoenix MU+0.0308%1h1,039.8+0.009%$532K$159K15xas long as short
Extended MU_24_5-USD+0.0336%1h1,038.8−0.092%$551K$1.1M10xas long as short