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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0133%/8h= −14.6% APRnext payment $0.17 per $10,000 · paid last 24h −0.010%
Price spread now: Aftermath Perps against Nado−0.021%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 airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aftermath Perps is 0.021% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MU-PERP1,032.80.0163pay 0.0020% / 1h56m 30s$264K$808K10x
ShortAftermath Perps MUUSD1,032.50.0030get 0.0004% / 1h56m 30s$3K$43K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Nado. 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
−$27.91
Price spread: −0.021% → 0.000%
−$2.08
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$45.98
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 37 min ago; 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 Nado live order book, 37 min ago0.05 bp5.7 bp −$624.6 bp −$246doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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−0.0349%4h1,033.1+0.037%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,033.7+0.093%$21.1M$69.8M20xas long as short
Binance MUUSDT0.0000%8h1,033.2+0.046%$121.5M$551.8M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.3+0.056%$29.1M$104.6M50xas long as short
Gate MU_USDT0.0000%8h1,033.2+0.045%$61.6M$27.5M75xas long as short
Bitget MUUSDT0.0000%8h1,033.3+0.053%$19.5M$41.8M50xas long as short
Variational Omni MU0.0000%8h1,032.4−0.035%$2.5M$2.7Mas long as short
StandX MU-USD0.0000%1h1,032.5−0.022%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,034.2+0.143%$11K$5.2M10xas long as short
HTX MU-USDT0.0000%8h1,033+0.024%$119K$490K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSDshort+0.0030%1h1,032.5−0.021%$3K$43K10x
Lighter RH MU+0.0032%1h1,033.2+0.043%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.802%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.7+0.087%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,033.1+0.034%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,033.1+0.035%$678K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,032.8+0.005%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,033.4+0.061%$7.0M$19.0M10xas long as short
Aevo MU-PERP+0.0080%1h1,032.5−0.023%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0092%8h1,033.4+0.062%$2K5xas long as short
Pacifica MU+0.0100%1h1,032.9+0.013%$146K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032.9+0.018%$5.1M$5.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032.1−0.061%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033.1+0.035%$821$79920xas long as short
RISEx MU/USDC+0.0107%1h1,033.6+0.086%$294K$372K20xas long as short
BloFin MU-USDT+0.0120%8h1,033.3+0.057%$1.4M$2.3M20xas long as short
Bybit MUUSDT+0.0120%8h1,033.4+0.067%$18.7M$32.5M100xas long as short
Arcus MU-USD+0.0139%1h1,033+0.027%$90K$233K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,030.9−0.176%$720K$1.1M10xas long as short
Nado MU-PERPlong+0.0163%1h1,032.8long leg$264K$808K10x
Lighter MU+0.0184%1h1,033.3+0.054%$1.0M$5.0M20xas long as short
tradeXYZ xyz:MU+0.0197%1h1,033+0.024%$174.9M$78.4M10xas long as short
Phoenix MU+0.0231%1h1,032.7−0.005%$529K$268K15xas long as short
Extended MU_24_5-USD+0.0264%1h1,032.6−0.018%$542K$1.1M10xas long as short
Bullet MU-USD+0.0297%1h1,033.4+0.063%$26K$387K10xas long as short
GRVT MU_USDT_Perp+0.0356%8h1,032.8+0.004%$73K$1.4M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0487%1h1,032.7−0.009%$72K$636K10xas long as short