Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.041%

Price spread now: Aftermath Perps against BloFin+0.033%109s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aftermath Perps

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aftermath Perps is 0.033% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MU-USDT	1,042.3	0.0120	pay 0.0120% / 8h	3h 07m	$1.5M	$2.0M	20x
Short	Aftermath Perps MUUSD	1,042.7	0.0024	get 0.0003% / 1h	7m 27s	$3K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee Aftermath PerpsbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$20.21
Price spread: +0.033% → 0.000%: $3.35
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$37.86
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 5 min ago	0.05 bp	6.2 bp −$6	7.1 bp −$71	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0615%	4h	1,042.3	0.000%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,042.6	+0.027%	$21.2M	$56.8M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,042.4	+0.006%	$123.2M	$525.1M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,042.6	+0.026%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.5	+0.019%	$30.7M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,042.5	+0.020%	$336K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.5	+0.016%	$61.9M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,042.8	+0.039%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,042.5	+0.019%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.3	−0.005%	$83K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,041.8	−0.051%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.1	+0.167%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.2	−0.015%	$129K	$435K	50x	as long as short
Aftermath Perps MUUSDshort	+0.0024%	1h	1,042.7	+0.033%	$3K	$44K	10x
Nado MU-PERP	+0.0030%	1h	1,042.3	−0.001%	$281K	$824K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,042.4	+0.010%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,042.3	−0.004%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.6	+0.020%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,041.9	−0.042%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.865%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0035%	1h	1,042.5	+0.011%	$25K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.6	+0.026%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,042.6	+0.022%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,042.1	−0.023%	$177.3M	$94.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.3	−0.004%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042	−0.037%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,042.6	+0.023%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.8	−0.055%	$1.8M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,042	−0.033%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.3	0.000%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.3	−0.008%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.1	−0.021%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,042	−0.035%	$828	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.217%	$749K	$1.2M	10x	as long as short
BloFin MU-USDTlong	+0.0120%	8h	1,042.3	long leg	$1.5M	$2.0M	20x
Deribit MU_USDC-PERPETUAL	+0.0144%	1h	1,042.3	−0.009%	$73K	$487K	10x	as long as short
Phoenix MU	+0.0305%	1h	1,042.6	+0.025%	$533K	$271K	15x	as long as short