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+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.026%
Price spread now: tradeXYZ against Aftermath Perps−0.129%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Funding pays, the price is against you. tradeXYZ is 0.129% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.129% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 17 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,046.60.0024pay 0.0003% / 1h37m 31s$3K$44K10x
ShorttradeXYZ xyz:MU1,045.30.0050get 0.0006% / 1h37m 31s$177.1M$96.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aftermath Perps. 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
$5.44
Price spread: −0.129% → 0.000%
−$12.88
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$34.44
Costs to cover
0.270%
Break-even
51.3 days
Slippage unknown: Aftermath Perps: no order-book sample; tradeXYZ: live order book, 12 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 Aftermath Perps no order-book sample
Sell tradeXYZ live order book, 12 min ago0.48 bp9.9 bp −$1010.6 bp −$10615.0 bp −$1,501doesn't fit
Aftermath Perps: 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−0.0636%4h1,045.9−0.069%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,045.8−0.077%$21.2M$56.3M20xas long as short
Binance MUUSDT0.0000%8h1,045.8−0.078%$125.0M$518.8M50xas long as short
Bybit MUUSDT0.0000%8h1,046−0.062%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.7−0.092%$31.1M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,045.8−0.081%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.5−0.113%$62.1M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,045.7−0.089%$20.4M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,047.2+0.055%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,045.8−0.082%$81K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,045.5−0.114%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,046.5−0.012%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,045.5−0.113%$130K$432K50xas long as short
Aftermath Perps MUUSDlong+0.0024%1h1,046.6long leg$3K$44K10x
QFEX MU-USD+0.0032%1h1,045.6−0.104%$7.0M$17.8M10xas long as short
Lighter MU+0.0032%1h1,045.5−0.107%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.6−0.105%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,045−0.156%$550K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.450%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,046.1−0.050%$71K$233K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.3−0.031%$176K25xas long as short
tradeXYZ xyz:MUshort+0.0050%1h1,045.3−0.129%$177.1M$96.4M10x
Polymarket Perps MU-USD+0.0050%1h1,045.6−0.100%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.6−0.096%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045−0.162%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,045.7−0.087%$2K5xas long as short
Nado MU-PERP+0.0053%1h1,045.3−0.129%$281K$828K10xas long as short
Bullet MU-USD+0.0064%1h1,046−0.066%$25K$394K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0075%1h1,045.7−0.093%$73K$468K10xas long as short
Aevo MU-PERP+0.0080%1h1,045.4−0.117%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.6−0.103%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.4−0.117%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.4−0.119%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.7−0.087%$831$79920xas long as short
BloFin MU-USDT+0.0119%8h1,046.1−0.057%$1.5M$2.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.323%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.1+0.139%$536K$271K15xas long as short