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+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.015%
Price spread now: Paradex against OKX−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 airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.021% cheaper against OKX than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 47 hours of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,050.60.0021pay 0.0021% / 8h5h 24m$31.0M$99.8M50x
ShortParadex MU-USD-PERP1,050.40.0055get 0.0055% / 8h5h 24m$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against OKX. 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
$7.32
Price spread: −0.021% → 0.000%
−$2.05
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.74
Costs to cover
0.140%
Break-even
15.4 days
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago0.05 bp6.4 bp −$67.8 bp −$7823.4 bp −$2,339doesn't fit
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−0.0861%4h1,049.9−0.069%$1.3M$671K10xas long as short
Bybit MUUSDT0.0000%8h1,050.8+0.016%$19.1M$32.3M100xas long as short
RISEx MU/USDC0.0000%1h1,050.7+0.001%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.4−0.028%$62.1M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,050.2−0.041%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,050−0.063%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,052+0.128%$11K$5.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050−0.066%$67K$377K10xas long as short
HTX MU-USDT0.0000%8h1,050.1−0.052%$129K$429K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050−0.058%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAPlong+0.0021%8h1,050.6long leg$31.0M$99.8M50x
QFEX MU-USD+0.0030%1h1,050.2−0.039%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,050.2−0.038%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.069%$19K$5K12xas long as short
Extended MU_24_5-USD+0.0040%1h1,049.6−0.096%$564K$1.1M10xas long as short
Arcus MU-USD+0.0040%1h1,050−0.058%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.2+0.049%$175K25xas long as short
Lighter MU+0.0048%1h1,050.5−0.013%$1.1M$5.0M20xas long as short
Nado MU-PERP+0.0050%1h1,050.2−0.041%$282K$848K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.9−0.070%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.1−0.049%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.3−0.130%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERPshort+0.0055%8h1,050.4−0.021%$2K5x
tradeXYZ xyz:MU+0.0057%1h1,050.2−0.042%$178.1M$98.9M10xas long as short
Aster MUUSD1+0.0060%8h1,050.4−0.019%$21.4M$52.9M20xas long as short
Bullet MU-USD+0.0067%1h1,050.3−0.032%$25K$398K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.067%$756K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,050.4−0.018%$149K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.2−0.038%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,049.7−0.086%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.2−0.041%$835$79920xas long as short
Variational Omni MU+0.0101%8h1,050.2−0.045%$2.7M$2.4Mas long as short
Aevo MU-PERP+0.0112%1h1,049.8−0.080%$32K$1K10xas long as short
Bitget MUUSDT+0.0116%8h1,050.4−0.020%$20.6M$41.1M50xas long as short
Binance MUUSDT+0.0127%8h1,050.5−0.017%$126.5M$518.7M50xas long as short
Phoenix MU+0.0229%1h1,050.4−0.023%$537K$271K15xas long as short
BloFin MU-USDT+0.0248%8h1,050.3−0.031%$1.5M$2.0M20xas long as short