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+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: SoDEX against Bullet−0.035%52s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.035%, 7d avg −0.030%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet MU-USD1,052.50.0048pay 0.0006% / 1h10m 21s$26K$395K10x
ShortSoDEX MU-USD1,052.10.0050get 0.0006% / 1h10m 21s$690K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$0.47
Price spread: −0.035% → −0.030%
−$0.56
Slippage, 4 orders
−$22.57
Fee Bullet: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$38.65
Costs to cover
0.386%
Break-even
578.4 days
Slippage from Bullet: live order book, 49 min ago; SoDEX: live order book, 48 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, 49 min ago1.42 bp7.1 bp −$721.0 bp −$210doesn't fitdoesn't fit
Sell SoDEX live order book, 48 min ago0.05 bp11.5 bp −$1238.0 bp −$380doesn'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−0.0084%4h1,051.4−0.097%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,052.50.000%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.3−0.020%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052.50.000%$340K$354K20xas long as short
Gate MU_USDT0.0000%8h1,052.2−0.024%$62.3M$27.5M75xas long as short
Variational Omni MU0.0000%8h1,051.9−0.050%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.7−0.074%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.9−0.053%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.5+0.008%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.9−0.055%$72K$444K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,052.1−0.034%$131K$434K50xas long as short
Bybit MUUSDT+0.0018%8h1,052.5+0.003%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0022%1h1,051.9−0.055%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,052.2−0.023%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.7−0.075%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.105%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.2−0.027%$7.1M$17.8M10xas long as short
Binance MUUSDT+0.0036%8h1,052.4−0.006%$126.6M$516.3M50xas long as short
Arcus MU-USD+0.0040%1h1,051.7−0.068%$71K$234K10xas long as short
Nado MU-PERP+0.0045%1h1,052−0.042%$282K$836K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.5+0.096%$176K25xas long as short
Bullet MU-USDlong+0.0048%1h1,052.5long leg$26K$395K10x
Polymarket Perps MU-USD+0.0050%1h1,052−0.044%$171K$202K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,052.1−0.035%$690K$16K10x
Ondo Perps MU-USD.P+0.0050%1h1,051−0.135%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.3−0.013%$2K5xas long as short
Lighter MU+0.0056%1h1,052.3−0.017%$1.1M$5.1M20xas long as short
Bitget MUUSDT+0.0063%8h1,052.3−0.015%$20.5M$41.1M50xas long as short
tradeXYZ xyz:MU+0.0070%1h1,052.1−0.034%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.041%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0088%1h1,051.8−0.065%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.3−0.016%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.1−0.037%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051−0.137%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3−0.018%$837$79920xas long as short
BloFin MU-USDT+0.0151%8h1,052.4−0.005%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,051.9−0.053%$538K$271K15xas long as short