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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%
Price spread now: ApeX Omni against Injective−0.505%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 7 days+0.214%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.505% cheaper against Injective than usual: you would sell low and buy high (spread −0.505% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$51 on $10k: about 25 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,050.70.0033pay 0.0004% / 1h13m 08s$14K$30212x
ShortApeX Omni MUUSDT1,045.40.0100get 0.0013% / 1h13m 08s$71K$266K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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
$14
Price spread: −0.505% → 0.000%
−$50.54
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$46.56
Costs to cover
0.100%
Break-even
30.3 days
Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 64 min ago. 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 ApeX Omni live order book, 64 min ago7.38 bp18.3 bp −$18192.0 bp −$1,920doesn't fitdoesn't fit
Injective: 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−0.0712%4h1,045.6−0.483%$1.3M$674K10xas long as short
Gate MU_USDT0.0000%8h1,045.2−0.525%$63.0M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,045.2−0.526%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,046.9−0.363%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,044.9−0.551%$129K$456K50xas long as short
Aftermath Perps MUUSD+0.0027%1h1,045−0.546%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.2−0.523%$1.2M$4.3M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,050.7long leg$14K$30212x
Vest MU-USD-PERP+0.0046%1h1,045.4−0.508%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,044.7−0.572%$169K$191K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.2−0.529%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.5−0.590%$2.0M$2.7M10xas long as short
Lighter MU+0.0064%1h1,045.1−0.536%$1.1M$5.0M20xas long as short
OKX MU-USDT-SWAP+0.0069%8h1,045.2−0.521%$30.8M$104.5M50xas long as short
QFEX MU-USD+0.0080%1h1,045−0.546%$7.9M$23.9M10xas long as short
Bullet MU-USD+0.0099%1h1,045.1−0.530%$25K$394K10xas long as short
Pacifica MU+0.0100%1h1,044.7−0.569%$153K$183K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045−0.543%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,045.4−0.505%$71K$266K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.3−0.519%$831$79920xas long as short
Paradex MU-USD-PERP+0.0103%8h1,044.8−0.560%$2K5xas long as short
Bitget MUUSDT+0.0113%8h1,045.4−0.504%$20.4M$43.5M50xas long as short
Aevo MU-PERP+0.0128%1h1,044.9−0.550%$33K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0142%1h1,045.2−0.528%$62K$284K10xas long as short
Nado MU-PERP+0.0150%1h1,044.5−0.588%$271K$875K10xas long as short
Aster MUUSD1+0.0163%8h1,045.6−0.483%$21.5M$47.3M20xas long as short
tradeXYZ xyz:MU+0.0178%1h1,045−0.543%$176.6M$104.6M10xas long as short
Variational Omni MU+0.0178%8h1,045.8−0.471%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0186%8h1,045.4−0.502%$124.3M$531.1M50xas long as short
GRVT MU_USDT_Perp+0.0218%8h1,045.9−0.460%$82K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,044.9−0.551%$757K$1.3M10xas long as short
Bybit MUUSDT+0.0259%8h1,045.3−0.514%$19.2M$32.4M100xas long as short
Extended MU_24_5-USD+0.0304%1h1,044.4−0.598%$546K$1.1M10xas long as short
BloFin MU-USDT+0.0306%8h1,045.4−0.503%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,046−0.448%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,044.7−0.569%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.5−0.499%$316K$339K20xas long as short