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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Aevo+0.087%70s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.087% dearer against Aevo than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,035.90.0080pay 0.0010% / 1h39m 42s$32K$1K10x
ShortApeX Omni MUUSDT1,036.80.0100get 0.0013% / 1h39m 42s$70K$270K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aevo. 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
$4.2
Price spread: +0.087% → 0.000%
$8.71
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$13.09
Costs to cover
0.260%
Break-even
28.8 days
Slippage unknown: Aevo: no order-book sample; ApeX Omni: live order book, 2 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 Aevo no order-book sample
Sell ApeX Omni live order book, 2 min ago7.62 bp20.1 bp −$20191.6 bp −$1,916doesn't fitdoesn't fit
Aevo: 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−0.0796%4h1,036.5+0.062%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0178%8h1,036.4+0.050%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,036.8+0.090%$21.1M$58.0M20xas long as short
Binance MUUSDT0.0000%8h1,036.3+0.036%$121.3M$537.0M50xas long as short
Bybit MUUSDT0.0000%8h1,036.3+0.041%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.1+0.016%$29.9M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,036.4+0.046%$315K$386K20xas long as short
Gate MU_USDT0.0000%8h1,036.4+0.045%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,036+0.010%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.1+0.023%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,035.9+0.002%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.5+0.150%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036+0.013%$74K$554K10xas long as short
HTX MU-USDT0.0000%8h1,036.1+0.015%$127K$441K50xas long as short
Bullet MU-USD+0.0003%1h1,036.5+0.058%$26K$389K10xas long as short
Nado MU-PERP+0.0013%1h1,036.5+0.061%$277K$816K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,036.1+0.024%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,036.3+0.039%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,036.2+0.032%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.8−0.007%$540K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,036.4+0.047%$7.0M$18.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.493%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036.1+0.016%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.4+0.049%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,036+0.010%$176.0M$87.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,036.3+0.039%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.3+0.035%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.8−0.006%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,036.2+0.032%$2K5xas long as short
Aevo MU-PERPlong+0.0080%1h1,035.9long leg$32K$1K10x
Pacifica MU+0.0100%1h1,036.2+0.025%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036.2+0.024%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDTshort+0.0100%1h1,036.8+0.087%$70K$270K50x
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.4+0.049%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036+0.012%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.1+0.019%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.2+0.029%$530K$270K15xas long as short