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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment $0.02 per $10,000 · paid last 24h +0.016%
Price spread now: Aftermath Perps against Injective−0.858%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aftermath Perps is 0.858% cheaper against Injective than usual: you would sell low and buy high (−$86 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h46m 53s$19K$5K12x
ShortAftermath Perps MUUSD1,042.30.0019get 0.0002% / 1h46m 53s$3K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
−$2.94
Price spread: −0.858% → 0.000%
−$85.79
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$97.75
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Aftermath Perps: 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 Injective no order-book sample
Sell Aftermath Perps no order-book sample
Injective and Aftermath Perps: 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−0.0861%4h1,043.3−0.768%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,042.6−0.834%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,042.3−0.866%$122.9M$525.6M50xas long as short
Bybit MUUSDT0.0000%8h1,042.4−0.855%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.3−0.859%$30.4M$99.8M50xas long as short
RISEx MU/USDC0.0000%1h1,042.3−0.866%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,042.1−0.881%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,042.3−0.859%$20.4M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,043.4−0.756%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043.6−0.737%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.7−0.824%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,043.3−0.764%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,041.5−0.934%$73K$502K10xas long as short
HTX MU-USDT0.0000%8h1,041.5−0.939%$128K$440K50xas long as short
Nado MU-PERP+0.0004%1h1,041.8−0.907%$281K$820K10xas long as short
Bullet MU-USD+0.0011%1h1,041.9−0.900%$26K$392K10xas long as short
Aftermath Perps MUUSDshort+0.0019%1h1,042.3−0.858%$3K$44K10x
QFEX MU-USD+0.0023%1h1,041.8−0.906%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,042−0.895%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,041.7−0.922%$546K$1.1M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Arcus MU-USD+0.0040%1h1,042.6−0.838%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.5−0.844%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.8−0.909%$177.0M$93.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,041.7−0.919%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,042−0.891%$684K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.6−0.928%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,042.1−0.883%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,041.4−0.944%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,041.9−0.897%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,041.9−0.901%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.3−0.769%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,041.9−0.904%$828$79920xas long as short
Lighter MU+0.0112%1h1,042.1−0.883%$1.1M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,041.8−0.914%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3−0.765%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043.3−0.767%$534K$270K15xas long as short