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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment $0.05 per $10,000 · paid last 24h +0.033%
Price spread now: RISEx against Bullet+0.013%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.079%−$8 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.013%, 7d avg 0.000%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet MU-USD1,052.40.0041pay 0.0005% / 1h34m 50s$25K$398K10x
ShortRISEx MU/USDC1,052.50get 0.0000% / 1h34m 50s$334K$348K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Bullet. 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
−$8.68
Price spread: +0.013% → 0.000%
$1.37
Slippage, 4 orders
−$8.86
Fee Bullet: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$30.17
Costs to cover
0.229%
Break-even
never at this rate
Slippage from Bullet: live order book, 24 min ago; RISEx: live order book, 23 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 Bullet live order book, 24 min ago1.42 bp7.1 bp −$721.0 bp −$210doesn't fitdoesn't fit
Sell RISEx live order book, 23 min ago0.76 bp3.8 bp −$44.5 bp −$45doesn't fitdoesn't fit

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−0.0619%4h1,052.1−0.029%$1.3M$672K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.2−0.014%$31.2M$99.8M50xas long as short
RISEx MU/USDCshort0.0000%1h1,052.5+0.013%$334K$348K20x
Gate MU_USDT0.0000%8h1,052.2−0.018%$62.3M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.3−0.003%$82K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.6−0.069%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,054.2+0.175%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.4−0.001%$131K$436K50xas long as short
Aster MUUSD1+0.0004%8h1,052.1−0.021%$21.4M$55.0M20xas long as short
Aftermath Perps MUUSD+0.0018%1h1,052.3−0.007%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0025%8h1,052.6+0.026%$19.1M$32.3M100xas long as short
Variational Omni MU+0.0032%8h1,052.2−0.012%$2.7M$2.4Mas long as short
Lighter RH MU+0.0032%1h1,052.2−0.014%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.7−0.067%$564K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.095%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.1−0.021%$7.2M$17.9M10xas long as short
Arcus MU-USD+0.0040%1h1,052−0.034%$71K$234K10xas long as short
Bullet MU-USDlong+0.0041%1h1,052.4long leg$25K$398K10x
Vest MU-USD-PERP+0.0046%1h1,053.2+0.084%$176K25xas long as short
Nado MU-PERP+0.0046%1h1,051.9−0.042%$282K$842K10xas long as short
Lighter MU+0.0048%1h1,052.2−0.011%$1.1M$5.1M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.1−0.025%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.3−0.004%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.4−0.088%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,052.4+0.004%$2K5xas long as short
Deribit MU_USDC-PERPETUAL+0.0054%1h1,052−0.038%$69K$420K10xas long as short
Binance MUUSDT+0.0067%8h1,052.3−0.008%$126.8M$517.2M50xas long as short
tradeXYZ xyz:MU+0.0078%1h1,051.8−0.053%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.1−0.022%$758K$1.2M10xas long as short
Aevo MU-PERP+0.0096%1h1,051.9−0.042%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.4+0.003%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052−0.035%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.3−0.004%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3−0.009%$837$79920xas long as short
Bitget MUUSDT+0.0113%8h1,052.3−0.009%$20.5M$41.1M50xas long as short
BloFin MU-USDT+0.0187%8h1,052.5+0.012%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.3−0.006%$538K$271K15xas long as short