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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.008%
Price spread now: HTX against Injective−1.248%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+0.003%$0 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 −$1 a day on $10k at the current rate, and HTX is 1.248% cheaper against Injective than usual: you would sell low and buy high (−$125 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MU/USDC PERP1,051.40.0033pay 0.0004% / 1h7m 16s$19K$5K12x
ShortHTX MU-USDT1,038.20get 0.0000% / 8h7m 16s$126K$481K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$7
Price spread: −1.248% → 0.000%
−$124.79
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
−$143.81
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; HTX: live order book, 31 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 HTX live order book, 31 min ago3.47 bp9.5 bp −$99.5 bp −$9516.7 bp −$1,674doesn'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−0.0764%4h1,037.8−1.290%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0143%8h1,038.6−1.217%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.4−1.231%$21.2M$67.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.4−1.233%$122.5M$536.9M50xas long as short
Bybit MUUSDT0.0000%8h1,038.4−1.231%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3−1.246%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.3−1.239%$313K$384K20xas long as short
Gate MU_USDT0.0000%8h1,038.2−1.256%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,037.8−1.294%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.9−1.278%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.2−1.248%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.9−1.092%$11K$5.5M10xas long as short
HTX MU-USDTshort0.0000%8h1,038.2−1.248%$126K$481K50x
Bullet MU-USD+0.0007%1h1,038.3−1.242%$25K$388K10xas long as short
Nado MU-PERP+0.0016%1h1,037.8−1.292%$280K$804K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,038.4−1.233%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.1−1.261%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,038.2−1.254%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,038.1−1.264%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−1.295%$545K$1.1M10xas long as short
Injective MU/USDC PERPlong+0.0033%1h1,051.4long leg$19K$5K12x
Arcus MU-USD+0.0040%1h1,037.8−1.291%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.4−1.234%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.1−1.261%$176.3M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.2−1.252%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.3−1.247%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.1−1.266%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.8−1.287%$1.8M$2.7M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0068%1h1,038.1−1.263%$74K$620K10xas long as short
Aevo MU-PERP+0.0080%1h1,038−1.272%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−1.238%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8−1.293%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038−1.271%$5.2M$4.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038−1.273%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−1.246%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3−1.238%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7−1.204%$531K$270K15xas long as short