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−0.0032%/8h= −3.5% APRpaid last 24h −0.045%
Price spread now: SunX against Extended+0.210%7-day average +0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$19 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.210%, 7d avg +0.186%
Together, before fees−0.249%+ Points / potential airdropExtended: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.024% dearer against Extended than usual: you sell high and buy low (spread +0.210% now, against its 7-day average of +0.186%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.185% in total) that is about 22 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,037.70.0032pay 0.0004% / 1h6m 48s$547K$1.1M10x
ShortSunX MU-USDT1,039.90get 0.0000% / 8h6m 48s$11K$5.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Extended. 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
−$6.72
Price spread: +0.210% → +0.186%
$2.41
Slippage, 4 orders
−$51.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$68.89
Costs to cover
0.646%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; SunX: live order book, 12 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 Extended live order book, 1 min ago0.05 bp2.6 bp −$313.9 bp −$139doesn't fitdoesn't fit
Sell SunX live order book, 12 min ago21.56 bp32.7 bp −$33doesn't fitdoesn'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−0.0764%4h1,037.8+0.009%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0143%8h1,038.5+0.080%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.4+0.070%$21.2M$67.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.4+0.068%$122.5M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,038.4+0.067%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3+0.055%$29.8M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,038.3+0.060%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038.1+0.037%$61.5M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.8+0.005%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.9+0.021%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.2+0.052%$188K$3.5M20xas long as short
SunX MU-USDTshort0.0000%8h1,039.9+0.210%$11K$5.5M10x
HTX MU-USDT0.0000%8h1,038.2+0.052%$126K$481K50xas long as short
Bullet MU-USD+0.0007%1h1,038.3+0.057%$25K$388K10xas long as short
Nado MU-PERP+0.0016%1h1,037.8+0.007%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4+0.067%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.1+0.038%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.1+0.037%$1.1M$4.5M10xas long as short
Extended MU_24_5-USDlong+0.0032%1h1,037.7long leg$547K$1.1M10x
Injective MU/USDC PERP+0.0033%1h1,051.4+1.316%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2+0.047%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8+0.008%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4+0.066%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.2+0.048%$176.4M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.2+0.048%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.3+0.053%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.3+0.056%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.8+0.012%$1.9M$2.7M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0068%1h1,038.1+0.036%$74K$620K10xas long as short
Aevo MU-PERP+0.0080%1h1,038+0.028%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3+0.061%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.031%$145K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038+0.028%$5.2M$4.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038+0.027%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3+0.053%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3+0.061%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7+0.096%$531K$270K15xas long as short