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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0427%/8h= −46.7% APRnext payment $0.53 per $10,000 · paid last 24h −0.012%
Price spread now: Aftermath Perps against Arcus−0.043%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 feesneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Aftermath Perps is 0.043% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus MU-USD1,045.80.0462pay 0.0058% / 1h44m 24s$74K$240K10x
ShortAftermath Perps MUUSD1,045.30.0035get 0.0004% / 1h44m 24s$3K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Arcus. 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
−$89.58
Price spread: −0.043% → 0.000%
−$4.34
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$107.42
Costs to cover
0.135%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 34 min ago; Aftermath Perps: no order-book sample. 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 Arcus live order book, 34 min ago2.54 bp4.8 bp −$59.2 bp −$92doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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−0.0477%4h1,045.5−0.031%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,046.1+0.033%$63.1M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.5−0.024%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.4+0.249%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.8+0.005%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,045.8+0.004%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.470%$14K$30212xas long as short
Aftermath Perps MUUSDshort+0.0035%1h1,045.3−0.043%$3K$45K10x
Vest MU-USD-PERP+0.0046%1h1,046.2+0.043%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,046+0.020%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,045.3−0.047%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,046+0.017%$7.9M$24.0M10xas long as short
OKX MU-USDT-SWAP+0.0081%8h1,046.3+0.046%$30.8M$105.3M50xas long as short
Pacifica MU+0.0100%1h1,046+0.021%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.020%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.018%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046.4+0.055%$832$79920xas long as short
SoDEX MU-USD+0.0124%1h1,045.9+0.006%$686K$16K10xas long as short
Bitget MUUSDT+0.0136%8h1,046.1+0.030%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9+0.012%$33K10xas long as short
Paradex MU-USD-PERP+0.0154%8h1,046+0.024%$2K5xas long as short
Aster MUUSD1+0.0170%8h1,046.5+0.069%$21.6M$47.3M20xas long as short
Lighter MU+0.0184%1h1,045.8−0.003%$1.0M$4.8M20xas long as short
Variational Omni MU+0.0200%8h1,046.3+0.048%$2.6M$2.5Mas long as short
Binance MUUSDT+0.0212%8h1,046.2+0.044%$124.9M$533.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.030%$757K$1.4M10xas long as short
Bullet MU-USD+0.0238%1h1,046.3+0.046%$25K$395K10xas long as short
Nado MU-PERP+0.0249%1h1,045.5−0.032%$270K$876K10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7−0.005%$77K$1.4M10xas long as short
Bybit MUUSDT+0.0285%8h1,046.6+0.074%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0299%1h1,046.2+0.039%$176.8M$105.6M10xas long as short
BloFin MU-USDT+0.0332%8h1,046+0.023%$1.4M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0353%1h1,046+0.016%$62K$259K10xas long as short
Phoenix MU+0.0460%1h1,046.6+0.077%$535K$306K15xas long as short
Arcus MU-USDlong+0.0462%1h1,045.8long leg$74K$240K10x
RISEx MU/USDC+0.0525%1h1,046.6+0.078%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0712%1h1,045.2−0.058%$540K$1.1M10xas long as short