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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.030%
Price spread now: Aevo against Coinbase International−0.141%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 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.141% cheaper against Coinbase International than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,052.90.0080pay 0.0010% / 1h12m 48s$759K$1.2M10x
ShortAevo MU-PERP1,051.40.0088get 0.0011% / 1h12m 48s$32K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
$1.68
Price spread: −0.141% → 0.000%
−$14.07
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$38.39
Costs to cover
0.260%
Break-even
166.9 days
Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago2.99 bp8.6 bp −$912.1 bp −$12148.3 bp −$4,829doesn'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−0.0084%4h1,051.4−0.138%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,052.2−0.069%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,051.8−0.100%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,051.9−0.093%$341K$354K20xas long as short
Gate MU_USDT0.0000%8h1,051.7−0.114%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,051.7−0.115%$81K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,051.2−0.162%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,051.8−0.101%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.7−0.109%$72K$442K10xas long as short
HTX MU-USDT0.0000%8h1,051.6−0.125%$131K$435K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0003%8h1,051.8−0.106%$2.7M$2.4Mas long as short
Bybit MUUSDT+0.0021%8h1,052.1−0.077%$19.1M$32.3M100xas long as short
Aftermath Perps MUUSD+0.0022%1h1,051.8−0.103%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,051.8−0.107%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.3−0.147%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.145%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,051.5−0.131%$7.1M$17.9M10xas long as short
Binance MUUSDT+0.0039%8h1,051.8−0.100%$126.6M$516.6M50xas long as short
Arcus MU-USD+0.0040%1h1,051.6−0.123%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,052.8−0.012%$176K25xas long as short
Nado MU-PERP+0.0048%1h1,051.1−0.165%$282K$837K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.6−0.123%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,051.6−0.122%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050.9−0.186%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,051.9−0.091%$2K5xas long as short
Bullet MU-USD+0.0052%1h1,051.9−0.095%$25K$395K10xas long as short
Lighter MU+0.0056%1h1,051.8−0.106%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0073%1h1,051.5−0.132%$178.7M$99.0M10xas long as short
Bitget MUUSDT+0.0073%8h1,051.9−0.096%$20.5M$41.1M50xas long as short
Coinbase International MU-PERP-INTXlong+0.0080%1h1,052.9long leg$759K$1.2M10x
Aevo MU-PERPshort+0.0088%1h1,051.4−0.141%$32K$1K10x
Pacifica MU+0.0100%1h1,051.8−0.103%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.7−0.113%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051−0.178%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,051.9−0.095%$836$79920xas long as short
BloFin MU-USDT+0.0161%8h1,051.9−0.096%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.5−0.037%$538K$271K15xas long as short