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+0.0050%/8h= +5.5% APRpaid last 24h +0.041%
Price spread now: tradeXYZ against SunX−0.209%7-day average −0.192% · 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 7 days+0.203%+$20 on $10k
Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.209%, 7d avg −0.192%
Together, before fees+0.255%+ Points / potential airdroptradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.192%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,039.40get 0.0000% / 8h31m 07s$11K$5.5M10x
ShorttradeXYZ xyz:MU1,037.20.0050get 0.0006% / 1h31m 07s$176.3M$82.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against SunX. 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
$10.5
Price spread: −0.209% → −0.192%
−$1.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$17.14
Costs to cover
0.260%
Break-even
18.4 days
Slippage unknown: SunX: live order book, 8 min ago; tradeXYZ: live order book, 9 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 SunX live order book, 8 min ago500.05 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.48 bp9.9 bp −$1011.1 bp −$11116.0 bp −$1,601doesn't fit

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−0.0695%4h1,037.8−0.150%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0176%8h1,037.8−0.154%$20.2M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,038−0.134%$21.2M$65.6M20xas long as short
Binance MUUSDT0.0000%8h1,037.5−0.181%$122.0M$538.5M50xas long as short
Bybit MUUSDT0.0000%8h1,037.4−0.186%$18.8M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.3−0.201%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,037.8−0.155%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.4−0.188%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.7−0.161%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4−0.097%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.9−0.142%$188K$3.5M20xas long as short
SunX MU-USDTlong0.0000%8h1,039.4long leg$11K$5.5M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.4−0.186%$74K$610K10xas long as short
HTX MU-USDT0.0000%8h1,037.3−0.203%$126K$481K50xas long as short
Bullet MU-USD+0.0014%1h1,037.7−0.157%$25K$390K10xas long as short
Aftermath Perps MUUSD+0.0018%1h1,037.8−0.148%$3K$44K10xas long as short
Nado MU-PERP+0.0021%1h1,037.4−0.193%$280K$806K10xas long as short
QFEX MU-USD+0.0021%1h1,037.6−0.172%$7.0M$18.8M10xas long as short
Lighter MU+0.0032%1h1,037.7−0.161%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,037.6−0.172%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.1−0.218%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.154%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.3−0.203%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.6−0.170%$175K25xas long as short
tradeXYZ xyz:MUshort+0.0050%1h1,037.2−0.209%$176.3M$82.7M10x
Polymarket Perps MU-USD+0.0050%1h1,037.4−0.190%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.5−0.182%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.1−0.220%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,037.7−0.165%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.2−0.204%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.6−0.173%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.4−0.187%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.3−0.199%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.2−0.207%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.6−0.170%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.6−0.167%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.2−0.113%$531K$270K15xas long as short