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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.026%
Price spread now: Injective against Pacifica+0.418%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 7 days−0.207%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.418% dearer against Pacifica than usual: you sell high and buy low (spread +0.418% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MU1,046.30.0100pay 0.0013% / 1h46m 14s$153K$182K10x
ShortInjective MU/USDC PERP1,050.70.0033get 0.0004% / 1h46m 14s$14K$30212x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Pacifica. 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
−$14
Price spread: +0.418% → 0.000%
$41.79
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$19.77
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 32 min ago; Injective: 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 Pacifica live order book, 32 min ago3.55 bp10.2 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
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−0.0477%4h1,045.5−0.083%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,046.2−0.018%$63.1M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.1−0.118%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048.5+0.208%$11K$6.6M10xas long as short
HTX MU-USDT0.0000%8h1,045.9−0.040%$124K$446K50xas long as short
Lighter RH MU+0.0032%1h1,046.2−0.010%$1.2M$4.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,050.7+0.418%$14K$30212x
Aftermath Perps MUUSD+0.0035%1h1,044.9−0.137%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1−0.021%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,046−0.032%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.163%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0080%8h1,046.3−0.005%$30.8M$105.2M50xas long as short
QFEX MU-USD+0.0080%1h1,046.30.000%$7.8M$23.9M10xas long as short
Pacifica MUlong+0.0100%1h1,046.3long leg$153K$182K10x
KuCoin MUUSDTM+0.0100%8h1,045.5−0.080%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.9−0.044%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046.4+0.005%$832$79920xas long as short
Bitget MUUSDT+0.0136%8h1,046.4+0.002%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,046.2−0.014%$33K10xas long as short
SoDEX MU-USD+0.0143%1h1,046.4+0.001%$687K$16K10xas long as short
Paradex MU-USD-PERP+0.0157%8h1,046.2−0.012%$2K5xas long as short
Aster MUUSD1+0.0164%8h1,046.6+0.022%$21.6M$47.3M20xas long as short
Variational Omni MU+0.0189%8h1,045.5−0.081%$2.6M$2.5Mas long as short
Lighter MU+0.0200%1h1,046.2−0.011%$1.0M$4.8M20xas long as short
Binance MUUSDT+0.0211%8h1,046.5+0.016%$124.9M$533.1M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.7−0.063%$756K$1.4M10xas long as short
GRVT MU_USDT_Perp+0.0253%8h1,045.7−0.057%$77K$1.4M10xas long as short
Bullet MU-USD+0.0257%1h1,046.4+0.006%$25K$396K10xas long as short
Nado MU-PERP+0.0260%1h1,045.5−0.076%$270K$875K10xas long as short
Bybit MUUSDT+0.0285%8h1,046.6+0.025%$19.2M$32.6M100xas long as short
tradeXYZ xyz:MU+0.0312%1h1,046.1−0.023%$176.8M$105.6M10xas long as short
BloFin MU-USDT+0.0329%8h1,046.4+0.001%$1.4M$2.0M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0362%1h1,046.1−0.022%$62K$258K10xas long as short
Phoenix MU+0.0460%1h1,045.9−0.042%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.8−0.048%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.7+0.034%$317K$339K20xas long as short
Extended MU_24_5-USD+0.0720%1h1,045.3−0.104%$540K$1.1M10xas long as short