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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against Orderly+0.112%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SunX is 0.112% dearer against Orderly than usual: you sell high and buy low (spread +0.112% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MU_USDC_mythos1,050.90.0100pay 0.0100% / 8h7h 23m$835$79920x
ShortSunX MU-USDT1,052.10get 0.0000% / 8h7h 23m$11K$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Orderly. 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
−$21
Price spread: +0.112% → 0.000%
$11.23
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SunX: 4 bp × 2 orders
−$8
Net
−$23.77
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 6 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 Orderly no order-book sample
Sell SunX live order book, 6 min ago21.56 bp32.5 bp −$32doesn't fitdoesn't fitdoesn't fit
Orderly: 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−0.0040%4h1,051.4+0.043%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,050.9−0.004%$62.8M$28.9M75xas long as short
StandX MU-USD0.0000%1h1,050.3−0.058%$190K$3.3M20xas long as short
SunX MU-USDTshort0.0000%8h1,052.1+0.112%$11K$6.2M10x
HTX MU-USDT0.0000%8h1,050.4−0.050%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,050.5−0.044%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,050.9−0.005%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.040%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,051+0.001%$1.1M$4.8M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.3+0.030%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,050.3−0.061%$171K$203K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.5−0.138%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,050.4−0.054%$7.7M$22.0M10xas long as short
Nado MU-PERP+0.0085%1h1,049.9−0.103%$274K$858K10xas long as short
Paradex MU-USD-PERP+0.0091%8h1,050.2−0.074%$2K5xas long as short
Pacifica MU+0.0100%1h1,050.3−0.057%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.3−0.065%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052+0.097%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythoslong+0.0100%8h1,050.9long leg$835$79920x
OKX MU-USDT-SWAP+0.0105%8h1,051+0.010%$30.9M$101.8M50xas long as short
SoDEX MU-USD+0.0106%1h1,050.7−0.025%$690K$16K10xas long as short
Aevo MU-PERP+0.0136%1h1,050.6−0.033%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.245%$759K$1.2M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0188%1h1,050.8−0.010%$64K$305K10xas long as short
Bybit MUUSDT+0.0199%8h1,051.2+0.029%$19.5M$32.6M100xas long as short
Bullet MU-USD+0.0217%1h1,051+0.006%$26K$395K10xas long as short
Variational Omni MU+0.0224%8h1,051.7+0.068%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0236%8h1,050−0.089%$21.6M$48.3M20xas long as short
Binance MUUSDT+0.0236%8h1,051.1+0.018%$126.1M$522.5M50xas long as short
Arcus MU-USD+0.0240%1h1,050.8−0.018%$71K$243K10xas long as short
tradeXYZ xyz:MU+0.0245%1h1,050.7−0.023%$178.4M$100.3M10xas long as short
RISEx MU/USDC+0.0312%1h1,050.5−0.045%$316K$339K20xas long as short
BloFin MU-USDT+0.0356%8h1,051.1+0.015%$1.5M$2.0M20xas long as short
Bitget MUUSDT+0.0378%8h1,050.9−0.001%$20.6M$41.6M50xas long as short
Phoenix MU+0.0383%1h1,050.9−0.004%$538K$306K15xas long as short
Extended MU_24_5-USD+0.0384%1h1,050−0.086%$564K$1.2M10xas long as short
GRVT MU_USDT_Perp+0.0550%8h1,051.5+0.053%$83K$1.3M10xas long as short