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+0.0091%/8h= +10.0% APRnext payment +$0.91 per $10,000 · paid last 24h +0.025%
Price spread now: Paradex against Gate−0.027%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
Funding pays, the price is against you. Paradex is 0.027% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MU_USDT1,050.50get 0.0000% / 8h7h 23m$62.8M$28.9M75x
ShortParadex MU-USD-PERP1,050.20.0091get 0.0091% / 8h7h 23m$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Gate. 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
$19.17
Price spread: −0.027% → 0.000%
−$2.71
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$2.54
Costs to cover
0.190%
Break-even
7.9 days
Slippage unknown: Gate: live order book, 6 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 Gate live order book, 6 min ago0.71 bp11.5 bp −$1116.6 bp −$16640.9 bp −$4,08676.2 bp −$38.1K
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 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−0.0040%4h1,051.4+0.090%$1.3M$672K10xas long as short
Gate MU_USDTlong0.0000%8h1,050.5long leg$62.8M$28.9M75x
StandX MU-USD0.0000%1h1,050.3−0.011%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,051.7+0.115%$11K$6.2M10xas long as short
HTX MU-USDT0.0000%8h1,050.2−0.021%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,050.5+0.003%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,050.2−0.029%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.087%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,050.2−0.020%$1.1M$4.8M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.3+0.077%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,050.3−0.014%$171K$203K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.5−0.091%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,050.4−0.008%$7.7M$22.0M10xas long as short
Nado MU-PERP+0.0085%1h1,049.9−0.057%$274K$858K10xas long as short
Paradex MU-USD-PERPshort+0.0091%8h1,050.2−0.027%$2K5x
Pacifica MU+0.0100%1h1,050.3−0.010%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.8−0.060%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052+0.144%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.5+0.004%$835$79920xas long as short
OKX MU-USDT-SWAP+0.0105%8h1,050.8+0.036%$30.9M$101.7M50xas long as short
SoDEX MU-USD+0.0119%1h1,050.3−0.012%$689K$16K10xas long as short
Aevo MU-PERP+0.0136%1h1,050−0.042%$32K$1K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0169%1h1,049.9−0.050%$64K$304K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.199%$759K$1.2M10xas long as short
Bybit MUUSDT+0.0199%8h1,050.8+0.036%$19.4M$32.6M100xas long as short
Bullet MU-USD+0.0217%1h1,051+0.052%$26K$395K10xas long as short
Variational Omni MU+0.0224%8h1,051.7+0.114%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0236%8h1,050.1−0.031%$21.6M$48.3M20xas long as short
Binance MUUSDT+0.0236%8h1,050.3−0.015%$126.0M$522.4M50xas long as short
Arcus MU-USD+0.0240%1h1,050.8+0.029%$71K$243K10xas long as short
tradeXYZ xyz:MU+0.0246%1h1,050.6+0.014%$178.4M$100.3M10xas long as short
RISEx MU/USDC+0.0312%1h1,050.5+0.002%$316K$339K20xas long as short
BloFin MU-USDT+0.0355%8h1,051.3+0.078%$1.5M$2.0M20xas long as short
Bitget MUUSDT+0.0378%8h1,050.6+0.014%$20.6M$41.6M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.043%$538K$306K15xas long as short
Extended MU_24_5-USD+0.0384%1h1,049.7−0.068%$570K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0550%8h1,051.5+0.100%$83K$1.3M10xas long as short