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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −1.9% APRnext payment $0.02 per $10,000 · paid last 24h +0.016%
Price spread now: Aftermath Perps against Injective−1.090%55s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 1.090% cheaper against Injective than usual: you would sell low and buy high (−$109 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h5m 39s$19K$5K12x
ShortAftermath Perps MUUSD1,039.90.0016get 0.0002% / 1h5m 39s$3K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Injective. 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
−$3.73
Price spread: −1.090% → 0.000%
−$109
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$121.76
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Aftermath Perps: 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 Injective no order-book sample
Sell Aftermath Perps no order-book sample
Injective and Aftermath Perps: 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−0.0827%4h1,040.2−1.063%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0100%8h1,041.4−0.949%$20.3M$41.2M50xas long as short
Aster MUUSD10.0000%8h1,041.4−0.951%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.1−0.974%$122.2M$536.3M50xas long as short
Bybit MUUSDT0.0000%8h1,041.4−0.944%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,040.9−0.994%$30.0M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,041.3−0.955%$316K$382K20xas long as short
Gate MU_USDT0.0000%8h1,041.2−0.964%$61.7M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,041.3−0.953%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,040.7−1.010%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,041.6−0.925%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,042.9−0.804%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,041.4−0.948%$74K$534K10xas long as short
HTX MU-USDT0.0000%8h1,041.2−0.964%$128K$442K50xas long as short
Aftermath Perps MUUSDshort+0.0016%1h1,039.9−1.090%$3K$44K10x
Nado MU-PERP+0.0021%1h1,041.3−0.957%$278K$816K10xas long as short
QFEX MU-USD+0.0023%1h1,040.9−0.993%$7.0M$18.3M10xas long as short
Lighter RH MU+0.0032%1h1,041−0.984%$1.2M$4.6M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,040.7−1.015%$544K$1.1M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Bullet MU-USD+0.0037%1h1,041.5−0.938%$26K$390K10xas long as short
Arcus MU-USD+0.0040%1h1,040.5−1.033%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,041.9−0.904%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.2−0.966%$177.1M$90.8M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,041.3−0.957%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,041.4−0.952%$683K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,040.7−1.010%$1.9M$2.5M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,041.1−0.977%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,041−0.981%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,041.3−0.954%$148K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,041.2−0.968%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,040.8−1.009%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,041.4−0.944%$828$79920xas long as short
Lighter MU+0.0104%1h1,041.2−0.965%$1.1M$5.0M20xas long as short
BloFin MU-USDT+0.0120%8h1,041.3−0.954%$1.4M$2.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,036−1.464%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,041−0.985%$532K$270K15xas long as short