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+0.0048%/8h= +5.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Paradex−0.019%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,0360.0052pay 0.0052% / 8h1h 38m$2K5x
ShortKuCoin MUUSDTM1,035.80.0100get 0.0100% / 8h1h 38m$5.2M$3.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Paradex. 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
$10.01
Price spread: −0.019% → 0.000%
−$1.93
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$7.92
Costs to cover
0.160%
Break-even
12.5 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 10 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 Paradex no order-book sample
Sell KuCoin live order book, 10 min ago2.89 bp13.0 bp −$1325.2 bp −$252doesn't fitdoesn't fit
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−0.0203%4h1,035.90.000%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0185%8h1,036+0.008%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,036.7+0.077%$21.1M$58.3M20xas long as short
Binance MUUSDT0.0000%8h1,036.3+0.034%$121.4M$537.3M50xas long as short
Bybit MUUSDT0.0000%8h1,036.4+0.040%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.1+0.014%$29.8M$99.8M50xas long as short
RISEx MU/USDC0.0000%1h1,035.8−0.014%$314K$386K20xas long as short
Gate MU_USDT0.0000%8h1,035.7−0.024%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,036+0.005%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.3+0.035%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,036.3+0.035%$187K$3.5M20xas long as short
Bullet MU-USD0.0000%1h1,035.9−0.002%$26K$389K10xas long as short
SunX MU-USDT0.0000%8h1,037.1+0.107%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,035.7−0.025%$74K$555K10xas long as short
HTX MU-USDT0.0000%8h1,035.6−0.033%$127K$441K50xas long as short
Nado MU-PERP+0.0008%1h1,035.5−0.041%$277K$816K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,036+0.009%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,036.2+0.022%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,036.1+0.010%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.4−0.052%$540K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,035.7−0.027%$7.0M$18.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.487%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036+0.002%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.8−0.012%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036.1+0.014%$176.0M$88.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.6−0.034%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.8−0.015%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.8−0.012%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERPlong+0.0052%8h1,036long leg$2K5x
Aevo MU-PERP+0.0080%1h1,035.4−0.053%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,035.7−0.023%$147K$190K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,035.8−0.019%$5.2M$3.9M20x
ApeX Omni MUUSDT+0.0100%1h1,036.5+0.049%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.8−0.018%$823$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036+0.007%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.4+0.041%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.2+0.024%$530K$270K15xas long as short