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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Ondo Perps against Paradex−0.102%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 · Ondo Perps: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.102% cheaper against Paradex than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,046.20.0051pay 0.0051% / 8h3h 39m$2K5x
ShortOndo Perps MU-USD.P1,045.10.0050get 0.0006% / 1h39m 13s$1.9M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$0.09
Price spread: −0.102% → 0.000%
−$10.19
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$19.28
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Ondo 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 Paradex no order-book sample
Sell Ondo Perps no order-book sample
Paradex and Ondo 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−0.0477%4h1,047.4+0.113%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,045.8−0.041%$21.2M$56.3M20xas long as short
Binance MUUSDT0.0000%8h1,045.7−0.048%$125.2M$518.6M50xas long as short
Bybit MUUSDT0.0000%8h1,045.9−0.025%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.8−0.043%$31.1M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,046.1−0.008%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.5−0.066%$62.1M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,045.8−0.038%$20.4M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,047.2+0.097%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,047.1+0.082%$81K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,046.9+0.068%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046.5+0.025%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,045.1−0.106%$130K$432K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,047+0.074%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0027%1h1,045.4−0.078%$73K$468K10xas long as short
QFEX MU-USD+0.0032%1h1,045.8−0.044%$7.1M$17.8M10xas long as short
Lighter MU+0.0032%1h1,045.6−0.059%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.5−0.068%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,045−0.111%$550K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.493%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,046.9+0.068%$71K$233K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.6+0.038%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,045.3−0.087%$177.2M$96.4M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.6−0.058%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.6−0.059%$686K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,045.1−0.102%$1.9M$2.2M10x
Paradex MU-USD-PERPlong+0.0051%8h1,046.2long leg$2K5x
Nado MU-PERP+0.0054%1h1,045.3−0.085%$281K$828K10xas long as short
Bullet MU-USD+0.0065%1h1,045.7−0.048%$25K$395K10xas long as short
Aevo MU-PERP+0.0080%1h1,045.2−0.097%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.7−0.047%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.4−0.075%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,047.5+0.127%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.5−0.066%$831$79920xas long as short
BloFin MU-USDT+0.0119%8h1,046.1−0.015%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.365%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.1+0.181%$536K$271K15xas long as short