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−0.0054%/8h= −5.9% APRnext payment $0.54 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against Paradex+0.128%7-day average · you sell dearer than you buy
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 pays, funding is against you. SunX is 0.128% dearer against Paradex than usual: you sell high and buy low (spread +0.128% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,041.10.0054pay 0.0054% / 8h2h 08m$2K5x
ShortSunX MU-USDT1,042.50get 0.0000% / 8h2h 08m$11K$5.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$11.26
Price spread: +0.128% → 0.000%
$12.77
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$10.49
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; SunX: live order book, 11 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 SunX live order book, 11 min ago21.56 bp32.9 bp −$33doesn't fitdoesn'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−0.0827%4h1,040.2−0.092%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0128%8h1,041.2+0.005%$20.3M$41.2M50xas long as short
Aster MUUSD10.0000%8h1,041.1−0.005%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041−0.016%$122.2M$536.3M50xas long as short
Bybit MUUSDT0.0000%8h1,041.2+0.004%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,040.9−0.022%$30.0M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,041.4+0.025%$316K$382K20xas long as short
Gate MU_USDT0.0000%8h1,041−0.016%$61.6M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,040.3−0.080%$2.5M$2.5Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,040.7−0.038%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,040.6−0.048%$188K$3.5M20xas long as short
SunX MU-USDTshort0.0000%8h1,042.5+0.128%$11K$5.7M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,040.9−0.022%$74K$531K10xas long as short
HTX MU-USDT0.0000%8h1,040.9−0.024%$128K$442K50xas long as short
Aftermath Perps MUUSD+0.0015%1h1,039.2−0.184%$3K$44K10xas long as short
Nado MU-PERP+0.0021%1h1,040.8−0.033%$278K$816K10xas long as short
QFEX MU-USD+0.0023%1h1,041−0.010%$7.0M$18.3M10xas long as short
Lighter RH MU+0.0032%1h1,041−0.015%$1.2M$4.6M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,040.3−0.085%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.982%$19K$5K12xas long as short
Bullet MU-USD+0.0036%1h1,041.2+0.005%$26K$390K10xas long as short
Arcus MU-USD+0.0040%1h1,039.8−0.134%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,041.3+0.017%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,040.7−0.042%$177.0M$90.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,040.9−0.023%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,040.9−0.023%$683K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,040.5−0.066%$1.9M$2.5M10xas long as short
Paradex MU-USD-PERPlong+0.0054%8h1,041.1long leg$2K5x
Aevo MU-PERP+0.0080%1h1,040.5−0.064%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,040.9−0.022%$148K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,040.8−0.033%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,040.8−0.038%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,040.9−0.026%$827$79920xas long as short
Lighter MU+0.0104%1h1,041.2+0.010%$1.1M$5.0M20xas long as short
BloFin MU-USDT+0.0120%8h1,040.7−0.044%$1.4M$2.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,036−0.497%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,041−0.013%$532K$270K15xas long as short