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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.026%
Price spread now: Pacifica against Injective−0.830%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+0.222%+$22 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding pays, the price is against you. Pacifica is 0.830% cheaper against Injective than usual: you would sell low and buy high (spread −0.830% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$83 on $10k: about 42 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% / 1h32m 08s$14K$30212x
ShortPacifica MU1,0420.0100get 0.0013% / 1h32m 08s$153K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.830% → 0.000%
−$83.02
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$77.04
Costs to cover
0.080%
Break-even
45.5 days
Slippage unknown: Injective: no order-book sample; Pacifica: live order book, 16 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 Pacifica live order book, 16 min ago3.35 bp9.4 bp −$9doesn't fitdoesn'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−0.0614%4h1,042.3−0.799%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,042.9−0.740%$21.4M$32.1M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.6−0.773%$30.9M$103.6M50xas long as short
Gate MU_USDT0.0000%8h1,042.5−0.783%$63.0M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,041.8−0.848%$2.7M$2.7Mas long as short
StandX MU-USD0.0000%1h1,042.6−0.769%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,044.3−0.615%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,042.4−0.788%$125K$438K50xas long as short
Binance MUUSDT+0.0012%8h1,042.8−0.751%$124.5M$536.4M50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,042−0.826%$3K$44K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,042.5−0.780%$1.1M$4.3M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,050.7long leg$14K$30212x
Bitget MUUSDT+0.0037%8h1,042.6−0.777%$20.4M$42.6M50xas long as short
BloFin MU-USDT+0.0041%8h1,042.9−0.740%$1.5M$2.0M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.6−0.776%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.2−0.810%$165K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.6−0.773%$684K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.2−0.810%$2.0M$2.6M10xas long as short
GRVT MU_USDT_Perp+0.0052%8h1,042.3−0.799%$81K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0053%1h1,042.2−0.810%$177.7M$99.9M10xas long as short
QFEX MU-USD+0.0057%1h1,042.9−0.739%$7.8M$23.9M10xas long as short
Paradex MU-USD-PERP+0.0065%8h1,042.8−0.753%$2K5xas long as short
Bybit MUUSDT+0.0072%8h1,042.9−0.747%$18.8M$31.9M100xas long as short
Aevo MU-PERP+0.0088%1h1,042.5−0.782%$33K10xas long as short
Pacifica MUshort+0.0100%1h1,042−0.830%$153K$182K10x
KuCoin MUUSDTM+0.0100%8h1,042.3−0.799%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.8−0.758%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.7−0.761%$829$79920xas long as short
RISEx MU/USDC+0.0126%1h1,042.7−0.758%$287K$333K20xas long as short
Lighter MU+0.0128%1h1,042.7−0.760%$958K$4.8M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,041.8−0.847%$755K$1.8M10xas long as short
Bullet MU-USD+0.0164%1h1,042.6−0.772%$25K$398K10xas long as short
Nado MU-PERP+0.0172%1h1,041.9−0.835%$333K$815K10xas long as short
Arcus MU-USD+0.0182%1h1,042.4−0.795%$63K$236K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0268%1h1,042.6−0.770%$54K$162K10xas long as short
Extended MU_24_5-USD+0.0288%1h1,041.8−0.848%$526K$997K10xas long as short
Phoenix MU+0.0306%1h1,041.9−0.838%$533K$266K15xas long as short