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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.017%
Price spread now: Aftermath Perps against Binance−0.062%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 −$3 a day on $10k at the current rate, and Aftermath Perps is 0.062% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,043.90.0130pay 0.0130% / 8h1h 45m$124.9M$537.2M50x
ShortAftermath Perps MUUSD1,043.20.0030get 0.0004% / 1h45m 24s$3K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
−$21.07
Price spread: −0.062% → 0.000%
−$6.2
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$46.27
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 13 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 Binance live order book, 13 min ago0.05 bp5.6 bp −$67.1 bp −$7114.7 bp −$1,468doesn'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−0.0599%4h1,043.5−0.031%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,043.6−0.021%$62.8M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,042.7−0.110%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,045.8+0.187%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,043.1−0.073%$125K$441K50xas long as short
OKX MU-USDT-SWAP+0.0005%8h1,043.6−0.028%$30.7M$104.5M50xas long as short
Aftermath Perps MUUSDshort+0.0030%1h1,043.2−0.062%$3K$44K10x
Lighter RH MU+0.0032%1h1,043.3−0.050%$1.1M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.656%$14K$30212xas long as short
Aster MUUSD1+0.0036%8h1,044.2+0.032%$21.5M$47.2M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,043.1−0.074%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.4−0.044%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.5−0.038%$685K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,042.7−0.116%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0071%1h1,043.6−0.025%$7.8M$24.2M10xas long as short
Bitget MUUSDT+0.0082%8h1,043.6−0.023%$20.4M$42.9M50xas long as short
Pacifica MU+0.0100%1h1,043.1−0.070%$154K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043−0.079%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.1−0.075%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.8−0.009%$830$79920xas long as short
Variational Omni MU+0.0109%8h1,043.4−0.045%$2.6M$2.7Mas long as short
Aevo MU-PERP+0.0112%1h1,043.5−0.030%$33K10xas long as short
Paradex MU-USD-PERP+0.0118%8h1,043.4−0.041%$2K5xas long as short
Binance MUUSDTlong+0.0130%8h1,043.9long leg$124.9M$537.2M50x
Coinbase International MU-PERP-INTX+0.0184%1h1,043.8−0.004%$756K$1.4M10xas long as short
Lighter MU+0.0192%1h1,043.5−0.038%$1.0M$4.8M20xas long as short
Nado MU-PERP+0.0193%1h1,042.8−0.102%$303K$849K10xas long as short
GRVT MU_USDT_Perp+0.0194%8h1,043.7−0.016%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0208%8h1,044+0.009%$19.1M$32.5M100xas long as short
BloFin MU-USDT+0.0249%8h1,043.4−0.049%$1.5M$2.1M20xas long as short
Bullet MU-USD+0.0253%1h1,043.7−0.013%$26K$399K10xas long as short
tradeXYZ xyz:MU+0.0355%1h1,043.7−0.015%$176.3M$107.1M10xas long as short
Phoenix MU+0.0383%1h1,044+0.014%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043.4−0.042%$63K$230K10xas long as short
RISEx MU/USDC+0.0499%1h1,044+0.015%$285K$333K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0536%1h1,043.5−0.032%$60K$241K10xas long as short
Extended MU_24_5-USD+0.0600%1h1,042.5−0.130%$541K$1.1M10xas long as short