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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.002%
Price spread now: SoDEX against Aster−0.004%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$320.320% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.032%+$3 on $10k
Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.004%, 7d avg −0.026%
Together, before fees−0.040%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.022% dearer against Aster than usual: you sell high and buy low (spread −0.004% now, against its 7-day average of −0.026%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,0500.0148pay 0.0148% / 8h6h 14m$21.6M$51.7M20x
ShortSoDEX MU-USD1,0500.0050get 0.0006% / 1h14m 01s$689K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Aster. 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
−$20.54
Price spread: −0.004% → −0.026%
$2.2
Slippage, 4 orders
−$15.97
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$50.31
Costs to cover
0.320%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; SoDEX: live order book, 55 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago0.05 bp4.0 bp −$48.0 bp −$80doesn't fitdoesn't fit
Sell SoDEX live order book, 55 min ago0.05 bp11.9 bp −$1241.5 bp −$415doesn't fitdoesn't fit

MU on 36 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−0.0876%4h1,049.5−0.048%$1.3M$672K10xas long as short
Nado MU-PERP−0.0004%1h1,049.7−0.028%$277K$854K10xas long as short
Bybit MUUSDT0.0000%8h1,050.4+0.039%$19.2M$32.6M100xas long as short
Gate MU_USDT0.0000%8h1,050−0.002%$62.1M$27.7M75xas long as short
StandX MU-USD0.0000%1h1,049.6−0.037%$190K$3.4M20xas long as short
Bullet MU-USD0.0000%1h1,050.2+0.017%$25K$394K10xas long as short
SunX MU-USDT0.0000%8h1,051.4+0.133%$11K$6.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049.8−0.022%$66K$342K10xas long as short
HTX MU-USDT0.0000%8h1,049.7−0.024%$129K$425K50xas long as short
Aftermath Perps MUUSD+0.0017%1h1,049.7−0.031%$3K$45K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0032%1h1,049.8−0.014%$1.1M$4.8M20xas long as short
Lighter RH MU+0.0032%1h1,049.8−0.019%$1.1M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.3−0.068%$567K$1.1M10xas long as short
QFEX MU-USD+0.0040%1h1,049.8−0.017%$7.4M$19.3M10xas long as short
Arcus MU-USD+0.0040%1h1,049.7−0.028%$71K$236K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.8+0.076%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,049.8−0.018%$178.2M$99.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.8−0.018%$170K$202K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,050−0.004%$689K$16K10x
OKX MU-USDT-SWAP+0.0050%8h1,050.2+0.016%$30.8M$100.5M50xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.3−0.064%$1.9M$2.3M10xas long as short
GRVT MU_USDT_Perp+0.0056%8h1,049.8−0.017%$81K$1.3M10xas long as short
Paradex MU-USD-PERP+0.0061%8h1,050.1+0.014%$2K5xas long as short
Pacifica MU+0.0100%1h1,049.9−0.013%$149K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.8−0.015%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,049.9−0.012%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.1+0.010%$835$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.130%$19K$5K12xas long as short
Aevo MU-PERP+0.0128%1h1,049.7−0.028%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,050.3+0.028%$757K$1.2M10xas long as short
Aster MUUSD1long+0.0148%8h1,050long leg$21.6M$51.7M20x
Variational Omni MU+0.0171%8h1,049.8−0.018%$2.7M$2.4Mas long as short
Binance MUUSDT+0.0188%8h1,050−0.001%$126.4M$523.1M50xas long as short
Bitget MUUSDT+0.0224%8h1,050.1+0.011%$20.6M$41.9M50xas long as short
Phoenix MU+0.0304%1h1,050.2+0.020%$537K$273K15xas long as short
RISEx MU/USDC+0.0507%1h1,050.2+0.024%$334K$349K20xas long as short