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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Pacifica against Aevo−0.029%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Pacifica is 0.029% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,050.30.0112pay 0.0014% / 1h28m 45s$32K$1K10x
ShortPacifica MU1,0500.0100get 0.0013% / 1h28m 45s$149K$185K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$2.52
Price spread: −0.029% → 0.000%
−$2.86
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.38
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Pacifica: live order book, 34 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 Pacifica live order book, 34 min ago2.76 bp9.6 bp −$10doesn't fitdoesn'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−0.0330%4h1,050.5+0.018%$1.3M$672K10xas long as short
Bybit MUUSDT0.0000%8h1,050.4+0.008%$19.1M$32.3M100xas long as short
RISEx MU/USDC0.0000%1h1,050.6+0.027%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,050.2−0.011%$62.1M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.1+0.076%$85K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,050.3+0.002%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,052.4+0.203%$11K$5.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.4+0.005%$67K$373K10xas long as short
HTX MU-USDT0.0000%8h1,050.30.000%$129K$429K50xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050.4+0.008%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MU-USDT-SWAP+0.0025%8h1,050.2−0.006%$31.0M$99.8M50xas long as short
QFEX MU-USD+0.0030%1h1,050.6+0.023%$7.2M$18.2M10xas long as short
Lighter RH MU+0.0032%1h1,050.2−0.015%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.101%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,050.3+0.002%$71K$235K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.6+0.121%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.4+0.009%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.7+0.037%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.8−0.045%$1.9M$2.3M10xas long as short
Lighter MU+0.0056%1h1,050.2−0.010%$1.1M$4.9M20xas long as short
Extended MU_24_5-USD+0.0056%1h1,049.8−0.045%$564K$1.1M10xas long as short
Paradex MU-USD-PERP+0.0056%8h1,050.4+0.008%$2K5xas long as short
Nado MU-PERP+0.0056%1h1,050.3−0.001%$282K$848K10xas long as short
tradeXYZ xyz:MU+0.0062%1h1,049.9−0.038%$178.1M$99.2M10xas long as short
Aster MUUSD1+0.0068%8h1,050.3−0.002%$21.4M$52.4M20xas long as short
Bullet MU-USD+0.0075%1h1,050.9+0.053%$25K$398K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,049.9−0.035%$756K$1.2M10xas long as short
Pacifica MUshort+0.0100%1h1,050−0.029%$149K$185K10x
KuCoin MUUSDTM+0.0100%8h1,050.1−0.017%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.8+0.047%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.6+0.024%$835$79920xas long as short
Variational Omni MU+0.0111%8h1,050.9+0.058%$2.7M$2.4Mas long as short
Aevo MU-PERPlong+0.0112%1h1,050.3long leg$32K$1K10x
Bitget MUUSDT+0.0127%8h1,050.4+0.004%$20.6M$41.1M50xas long as short
Binance MUUSDT+0.0134%8h1,050.2−0.006%$126.5M$518.9M50xas long as short
Phoenix MU+0.0229%1h1,050.6+0.028%$537K$271K15xas long as short
BloFin MU-USDT+0.0255%8h1,050.6+0.032%$1.5M$2.0M20xas long as short