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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0080%/8h= −8.8% APRnext payment $0.10 per $10,000 · paid last 24h +0.041%
Price spread now: RISEx against Aevo+0.047%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 feesneeds both histories
The price spread pays, funding is against you. RISEx is 0.047% dearer against Aevo than usual: you sell high and buy low (spread +0.047% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,042.30.0080pay 0.0010% / 1h4m 46s$32K$1K10x
ShortRISEx MU/USDC1,042.80get 0.0000% / 1h4m 46s$337K$353K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
−$16.8
Price spread: +0.047% → 0.000%
$4.67
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$34.13
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 48 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 RISEx live order book, 48 min ago1.48 bp4.5 bp −$45.8 bp −$58doesn'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−0.0615%4h1,042.3+0.004%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.3+0.099%$21.2M$57.0M20xas long as short
Binance MUUSDT0.0000%8h1,043+0.066%$123.3M$525.4M50xas long as short
Bybit MUUSDT0.0000%8h1,043.1+0.081%$18.6M$31.9M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.1+0.080%$30.7M$99.7M50xas long as short
RISEx MU/USDCshort0.0000%1h1,042.8+0.047%$337K$353K20x
Gate MU_USDT0.0000%8h1,042.9+0.055%$61.9M$28.1M75xas long as short
Bitget MUUSDT0.0000%8h1,043.1+0.075%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,043.3+0.096%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.5+0.017%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.2+0.086%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.2+0.185%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,042.7+0.038%$73K$491K10xas long as short
HTX MU-USDT0.0000%8h1,042.4+0.012%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,042.6+0.026%$3K$44K10xas long as short
Nado MU-PERP+0.0031%1h1,042.3+0.001%$281K$823K10xas long as short
QFEX MU-USD+0.0032%1h1,042.7+0.036%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,043.1+0.080%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,042.9+0.062%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,042.4+0.008%$555K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.869%$19K$5K12xas long as short
Bullet MU-USD+0.0037%1h1,042.9+0.058%$26K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.7+0.036%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043+0.063%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,042.6+0.029%$177.3M$94.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.6+0.029%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.7+0.037%$684K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,043.2+0.082%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042−0.026%$1.9M$2.3M10xas long as short
Aevo MU-PERPlong+0.0080%1h1,042.3long leg$32K$1K10x
Pacifica MU+0.0100%1h1,042.8+0.047%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.8+0.044%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3−0.002%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.8+0.049%$829$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.221%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,042.9+0.059%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,043.1+0.077%$534K$271K15xas long as short