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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Paradex against Ondo Perps+0.043%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.043% dearer against Ondo Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MU-USD.P1,037.10.0050pay 0.0006% / 1h32m 34s$1.8M$2.7M10x
ShortParadex MU-USD-PERP1,037.50.0051get 0.0051% / 8h32m 34s$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Ondo Perps. 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
$0.06
Price spread: +0.043% → 0.000%
$4.27
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$4.67
Costs to cover
0.090%
Break-even
550.8 days
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Ondo Perps no order-book sample
Sell Paradex no order-book sample
Ondo Perps and Paradex: 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−0.0248%4h1,037.9+0.083%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0177%8h1,037.8+0.073%$20.2M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,037.9+0.076%$21.2M$65.5M20xas long as short
Binance MUUSDT0.0000%8h1,037.6+0.050%$122.0M$538.5M50xas long as short
Bybit MUUSDT0.0000%8h1,037.6+0.049%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.4+0.033%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,037.7+0.064%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.5+0.040%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.7+0.059%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4+0.123%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,037.7+0.059%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.248%$11K$5.6M10xas long as short
HTX MU-USDT0.0000%8h1,037.6+0.049%$126K$481K50xas long as short
Bullet MU-USD+0.0014%1h1,037.9+0.081%$25K$390K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,038.1+0.096%$3K$44K10xas long as short
Nado MU-PERP+0.0020%1h1,037.5+0.040%$280K$807K10xas long as short
QFEX MU-USD+0.0021%1h1,037.3+0.018%$7.0M$18.8M10xas long as short
Lighter MU+0.0032%1h1,037.7+0.062%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,037.6+0.047%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,036.9−0.013%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.377%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,037.4+0.026%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,037.9+0.081%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.4+0.031%$176.3M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.7+0.060%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.6+0.046%$681K$15K10xas long as short
Ondo Perps MU-USD.Plong+0.0050%1h1,037.1long leg$1.8M$2.7M10x
Paradex MU-USD-PERPshort+0.0051%8h1,037.5+0.043%$2K5x
Aevo MU-PERP+0.0080%1h1,037.4+0.030%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.4+0.035%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.5+0.045%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.3+0.021%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.6+0.144%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.5+0.038%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,037.7+0.056%$1.5M$2.1M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0184%1h1,037.6+0.045%$74K$608K10xas long as short
Phoenix MU+0.0232%1h1,038.2+0.108%$531K$270K15xas long as short