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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 13:00 UTC−0.0182%/8h= −19.9% APRnext payment $0.23 per $10,000 · paid last 24h −0.031%
Price spread now: SoDEX against Extended+0.058%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.058%, 7d avg +0.026%
Together, before fees−0.023%+ Points / potential airdropExtended: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.032% dearer against Extended than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.026%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,031.50.0232pay 0.0029% / 1h22m 19s$547K$1.1M10x
ShortSoDEX MU-USD1,032.10.0050get 0.0006% / 1h22m 19s$679K$14K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$38.22
Price spread: +0.058% → +0.026%
$3.25
Slippage, 4 orders
−$18.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$66.1
Costs to cover
0.311%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; SoDEX: live order book, 14 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, 4 min ago0.05 bp4.3 bp −$414.6 bp −$146doesn't fitdoesn't fit
Sell SoDEX live order book, 14 min ago0.05 bp11.8 bp −$1240.4 bp −$404doesn't fitdoesn't fit

MU on 37 exchanges

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−0.0564%4h1,033.4+0.186%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,033.1+0.154%$21.1M$76.2M20xas long as short
Gate MU_USDT0.0000%8h1,032.4+0.087%$60.9M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,032.1+0.059%$20.3M$43.5M50xas long as short
Variational Omni MU0.0000%8h1,033.2+0.163%$2.6M$2.4Mas long as short
StandX MU-USD0.0000%1h1,034.1+0.246%$187K$3.8M20xas long as short
SunX MU-USDT0.0000%8h1,034.2+0.255%$11K$4.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,031.8+0.028%$30K$775K10xas long as short
HTX MU-USDT0.0000%8h1,032.2+0.060%$119K$454K50xas long as short
OKX MU-USDT-SWAP+0.0004%8h1,032.3+0.075%$29.8M$105.8M50xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx MU/USDC+0.0011%1h1,032.6+0.101%$296K$313K20xas long as short
Lighter RH MU+0.0032%1h1,032.7+0.114%$1.2M$4.4M10xas long as short
Binance MUUSDT+0.0033%8h1,032.5+0.099%$120.7M$548.8M50xas long as short
Injective MU/USDC PERP+0.0033%1h1,031.8+0.028%$18K$68K12xas long as short
Aftermath Perps MUUSD+0.0041%1h1,032.4+0.085%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,033+0.143%$174K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,032+0.046%$168K$170K10xas long as short
SoDEX MU-USDshort+0.0050%1h1,032.1+0.058%$679K$14K10x
Ondo Perps MU-USD.P+0.0050%1h1,031.5−0.006%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0063%1h1,032.2+0.069%$6.9M$19.2M10xas long as short
Paradex MU-USD-PERP+0.0069%8h1,032.6+0.101%$2K5xas long as short
Bybit MUUSDT+0.0073%8h1,032.3+0.074%$18.6M$31.0M100xas long as short
Aevo MU-PERP+0.0088%1h1,032.1+0.052%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,032.5+0.092%$150K$211K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032.2+0.069%$5.2M$7.7M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.1+0.156%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,032.3+0.072%$821$79920xas long as short
BloFin MU-USDT+0.0114%8h1,033+0.140%$1.5M$2.8M20xas long as short
tradeXYZ xyz:MU+0.0130%1h1,031.9+0.036%$175.8M$67.5M10xas long as short
Nado MU-PERP+0.0152%1h1,031.7+0.019%$271K$828K10xas long as short
GRVT MU_USDT_Perp+0.0160%8h1,033.9+0.233%$84K$1.4M10xas long as short
Coinbase International MU-PERP-INTX+0.0160%1h1,031.6+0.008%$722K$1.2M10xas long as short
Lighter MU+0.0184%1h1,032.6+0.100%$1.1M$5.0M20xas long as short
Arcus MU-USD+0.0210%1h1,032.1+0.058%$90K$166K10xas long as short
Bullet MU-USD+0.0232%1h1,032.3+0.077%$25K$384K10xas long as short
Extended MU_24_5-USDlong+0.0232%1h1,031.5long leg$547K$1.1M10x
Phoenix MU+0.0310%1h1,033.9+0.230%$529K$159K15xas long as short