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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h 0.000%
Price spread now: Aevo against Binance−0.077%58s7-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 feesneeds both histories
Funding pays, the price is against you. Aevo is 0.077% cheaper against Binance than usual: you would sell low and buy high (spread −0.077% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.2 days of funding at the current rate (+$2 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,038.40get 0.0000% / 8h1h 53m$121.7M$536.8M50x
ShortAevo MU-PERP1,037.60.0080get 0.0010% / 1h53m 25s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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: −0.077% → 0.000%
−$7.66
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$16.86
Costs to cover
0.260%
Break-even
14.0 days
Slippage unknown: Binance: live order book, 5 min ago; Aevo: 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 Binance live order book, 5 min ago0.05 bp5.2 bp −$56.9 bp −$6915.9 bp −$1,589doesn't fit
Sell Aevo no order-book sample
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−0.0451%4h1,038.8+0.041%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0078%8h1,038.5+0.010%$20.2M$41.3M50xas long as short
Aster MUUSD10.0000%8h1,038.6+0.022%$21.2M$57.4M20xas long as short
Binance MUUSDTlong0.0000%8h1,038.4long leg$121.7M$536.8M50x
Bybit MUUSDT0.0000%8h1,038.5+0.008%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.2−0.021%$29.9M$101.4M50xas long as short
RISEx MU/USDC0.0000%1h1,038.4+0.002%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038−0.037%$61.4M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,038.8+0.037%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.9+0.047%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.4−0.090%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.1+0.066%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,037.5−0.087%$128K$441K50xas long as short
Bullet MU-USD+0.0003%1h1,038.3−0.007%$26K$390K10xas long as short
Nado MU-PERP+0.0003%1h1,037.7−0.065%$277K$817K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.8+0.040%$3K$44K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0020%1h1,037.8−0.059%$74K$542K10xas long as short
Lighter RH MU+0.0032%1h1,037.8−0.052%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.061%$544K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,038−0.032%$7.0M$18.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.251%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.5+0.010%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.1−0.024%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9−0.045%$176.5M$89.1M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.9−0.045%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.8−0.056%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.9+0.049%$1.8M$2.5M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,038.1−0.025%$2K5xas long as short
Lighter MU+0.0064%1h1,037.9−0.042%$1.1M$4.9M20xas long as short
Aevo MU-PERPshort+0.0080%1h1,037.6−0.077%$32K$1K10x
Pacifica MU+0.0100%1h1,037.7−0.067%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038−0.039%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.2+0.079%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.7−0.061%$825$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6−0.076%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.7+0.031%$1.4M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,039.4+0.099%$532K$270K15xas long as short