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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0154%/8h= −16.9% APRpaid last 24h +0.014%
Price spread now: Bitget against Injective−1.412%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 7 days+0.172%+$17 on $10k
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 −$5 a day on $10k at the current rate, and Bitget is 1.412% cheaper against Injective than usual: you would sell low and buy high (−$141 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.172%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h46m 44s$19K$5K12x
ShortBitget MUUSDT1,036.5−0.0121pay 0.0121% / 8h1h 46m$20.2M$41.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$32.41
Price spread: −1.412% → 0.000%
−$141.25
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$185.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 2 min ago. 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 Bitget live order book, 2 min ago0.39 bp8.0 bp −$810.0 bp −$100doesn't fitdoesn't fit
Injective: 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−0.0762%4h1,038.3−1.245%$1.3M$673K10xas long as short
Bitget MUUSDTshort−0.0121%8h1,036.5−1.412%$20.2M$41.4M50x
Aster MUUSD10.0000%8h1,036.7−1.392%$21.1M$57.6M20xas long as short
Binance MUUSDT0.0000%8h1,036.3−1.431%$121.4M$537.0M50xas long as short
Bybit MUUSDT0.0000%8h1,036.4−1.424%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.3−1.431%$29.9M$101.3M50xas long as short
RISEx MU/USDC0.0000%1h1,036.5−1.415%$315K$384K20xas long as short
Gate MU_USDT0.0000%8h1,036.1−1.453%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.8−1.293%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.8−1.286%$75K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.5−1.219%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,037.8−1.291%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,036.4−1.421%$74K$548K10xas long as short
HTX MU-USDT0.0000%8h1,036.4−1.423%$127K$441K50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,037.5−1.323%$3K$44K10xas long as short
Bullet MU-USD+0.0022%1h1,036.6−1.403%$25K$389K10xas long as short
Nado MU-PERP+0.0030%1h1,037.2−1.351%$276K$816K10xas long as short
Lighter RH MU+0.0032%1h1,036.3−1.429%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.1−1.450%$541K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,036.5−1.416%$7.0M$18.5M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Lighter MU+0.0040%1h1,036.3−1.437%$1.1M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,036.9−1.374%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.6−1.404%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.9−1.470%$176.1M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,036.3−1.432%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,036.5−1.412%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.6−1.497%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0053%8h1,036.3−1.432%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,036.3−1.435%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,036.1−1.454%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,035.9−1.471%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.4−1.333%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036.4−1.419%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,037.6−1.311%$732K$1.3M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.8−1.386%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,037.7−1.299%$531K$270K15xas long as short