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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against Extended−0.010%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.010%, 7d avg −0.004%
Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,042.40.0032pay 0.0004% / 1h6m 42s$555K$1.1M10x
ShortPolymarket Perps MU-USD1,042.30.0050get 0.0006% / 1h6m 42s$169K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
$3.78
Price spread: −0.010% → −0.004%
−$0.57
Slippage, 4 orders
−$11.64
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$21.43
Costs to cover
0.246%
Break-even
46.7 days
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: live order book, 45 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 Extended live order book, 2 min ago0.05 bp7.3 bp −$714.9 bp −$149doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 45 min ago2.86 bp7.1 bp −$78.0 bp −$809.8 bp −$976doesn'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−0.0615%4h1,042.3−0.006%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.4+0.094%$21.2M$56.8M20xas long as short
Binance MUUSDT0.0000%8h1,043.5+0.101%$123.3M$525.3M50xas long as short
Bybit MUUSDT0.0000%8h1,043.4+0.098%$18.6M$31.9M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.3+0.087%$30.7M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,042.5+0.014%$336K$353K20xas long as short
Gate MU_USDT0.0000%8h1,042.8+0.034%$61.9M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,043.5+0.104%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,042.5+0.014%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,042.3−0.011%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,041.8−0.057%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.1+0.160%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,042.2−0.021%$129K$435K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,042.7+0.028%$3K$44K10xas long as short
Nado MU-PERP+0.0030%1h1,042.3−0.007%$281K$824K10xas long as short
QFEX MU-USD+0.0032%1h1,042.4+0.004%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,043.2+0.074%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,043.1+0.069%$1.3M$4.4M10xas long as short
Extended MU_24_5-USDlong+0.0032%1h1,042.4long leg$555K$1.1M10x
Injective MU/USDC PERP+0.0033%1h1,051.4+0.860%$19K$5K12xas long as short
Bullet MU-USD+0.0035%1h1,042.5+0.005%$25K$392K10xas long as short
Arcus MU-USD+0.0040%1h1,042.6+0.019%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.6+0.016%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043+0.058%$177.4M$94.9M10xas long as short
Polymarket Perps MU-USDshort+0.0050%1h1,042.3−0.010%$169K$203K10x
SoDEX MU-USD+0.0050%1h1,042.3−0.014%$684K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,043.4+0.098%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.8−0.060%$1.9M$2.3M10xas long as short
Aevo MU-PERP+0.0080%1h1,041.9−0.050%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.9+0.052%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.8+0.042%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.1−0.027%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.2−0.020%$829$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.6+0.211%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,042.5+0.005%$1.5M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0172%1h1,042.3−0.011%$73K$490K10xas long as short
Phoenix MU+0.0305%1h1,042.6+0.019%$533K$271K15xas long as short