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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.001%
Price spread now: KuCoin against Aevo+0.028%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 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 KuCoin is 0.028% dearer against Aevo than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,027.90.0080pay 0.0010% / 1h35m 18s$32K$1K10x
ShortKuCoin MUUSDTM1,028.20.0100get 0.0100% / 8h7h 35m$5.1M$4.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.028% → 0.000%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$21.04
Costs to cover
0.280%
Break-even
42.1 days
Slippage unknown: Aevo: no order-book sample; KuCoin: 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 KuCoin live order book, 2 min ago2.91 bp14.0 bp −$1425.5 bp −$255doesn'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−0.0646%4h1,029.1+0.119%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0057%8h1,028.5+0.058%$19.8M$40.3M50xas long as short
Aster MUUSD10.0000%8h1,028.7+0.075%$21.0M$68.9M20xas long as short
Binance MUUSDT0.0000%8h1,028.5+0.058%$121.2M$543.8M50xas long as short
Bybit MUUSDT0.0000%8h1,028.6+0.067%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,028.3+0.041%$29.4M$101.2M50xas long as short
RISEx MU/USDC0.0000%1h1,028.5+0.061%$309K$375K20xas long as short
Gate MU_USDT0.0000%8h1,028.4+0.052%$61.9M$28.0M75xas long as short
Variational Omni MU0.0000%8h1,028.1+0.016%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,029+0.103%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,028.5+0.056%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,029.3+0.138%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,028.4+0.047%$120K$489K50xas long as short
Aftermath Perps MUUSD+0.0026%1h1,028.8+0.086%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,028.3+0.037%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,028.1+0.020%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,027.4−0.053%$540K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.282%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,028+0.010%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,027.9+0.002%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,027.4−0.049%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,028.2+0.028%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,028+0.011%$1.9M$2.9M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,028.1+0.019%$2K5xas long as short
Lighter MU+0.0064%1h1,028.2+0.032%$982K$4.9M20xas long as short
Nado MU-PERP+0.0075%1h1,027.6−0.028%$262K$811K10xas long as short
tradeXYZ xyz:MU+0.0077%1h1,028+0.009%$173.9M$79.5M10xas long as short
Aevo MU-PERPlong+0.0080%1h1,027.9long leg$32K$1K10x
Bullet MU-USD+0.0093%1h1,028.5+0.058%$25K$388K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.126%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,028.1+0.022%$146K$194K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,028.2+0.028%$5.1M$4.5M20x
ApeX Omni MUUSDT+0.0100%1h1,028.9+0.093%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,028.4+0.045%$818$79920xas long as short
BloFin MU-USDT+0.0120%8h1,028.5+0.056%$1.5M$2.2M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0168%1h1,028.1+0.023%$72K$629K10xas long as short
Phoenix MU+0.0231%1h1,029.5+0.155%$527K$270K15xas long as short