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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0396%/8h= +43.3% APRpaid last 24h +0.017%
Price spread now: Deribit against Paradex+0.019%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 airdropParadex: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,032.50.0091pay 0.0091% / 8h6h 56m$2K5x
ShortDeribit MU_USDC-PERPETUAL1,032.70.0487get 0.0061% / 1h56m 51s$72K$636K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Paradex. 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
$83.08
Price spread: +0.019% → 0.000%
$1.91
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$73.99
Costs to cover
0.110%
Break-even
0.8 days
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 37 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 Paradex no order-book sample
Sell Deribit live order book, 37 min ago4.77 bp8.3 bp −$812.6 bp −$126doesn't fitdoesn't fit
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−0.0349%4h1,033.1+0.065%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,033.8+0.127%$21.1M$69.7M20xas long as short
Binance MUUSDT0.0000%8h1,033.3+0.085%$121.5M$551.9M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.3+0.085%$29.1M$104.6M50xas long as short
Gate MU_USDT0.0000%8h1,033.1+0.066%$61.6M$27.5M75xas long as short
Bitget MUUSDT0.0000%8h1,033.2+0.067%$19.5M$41.8M50xas long as short
Variational Omni MU0.0000%8h1,032.4−0.007%$2.5M$2.7Mas long as short
StandX MU-USD0.0000%1h1,032.5+0.006%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,034.2+0.171%$11K$5.2M10xas long as short
HTX MU-USDT0.0000%8h1,033+0.052%$119K$490K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSD+0.0030%1h1,032.3−0.017%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,033.2+0.071%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.830%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.1+0.057%$179K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,032.5+0.004%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,033.1+0.063%$678K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,031.6−0.080%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,032.3−0.019%$7.0M$19.0M10xas long as short
Aevo MU-PERP+0.0080%1h1,032.5+0.005%$32K$1K10xas long as short
Paradex MU-USD-PERPlong+0.0091%8h1,032.5long leg$2K5x
Pacifica MU+0.0100%1h1,032.2−0.022%$146K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,033+0.049%$5.1M$5.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032.1−0.033%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033+0.048%$821$79920xas long as short
RISEx MU/USDC+0.0107%1h1,033.1+0.060%$294K$372K20xas long as short
BloFin MU-USDT+0.0120%8h1,033.3+0.085%$1.4M$2.3M20xas long as short
Bybit MUUSDT+0.0120%8h1,033.4+0.091%$18.7M$32.5M100xas long as short
Arcus MU-USD+0.0139%1h1,032.3−0.015%$90K$233K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,030.9−0.148%$720K$1.1M10xas long as short
Nado MU-PERP+0.0170%1h1,032.1−0.040%$264K$811K10xas long as short
Lighter MU+0.0184%1h1,033.3+0.082%$1.0M$5.0M20xas long as short
tradeXYZ xyz:MU+0.0203%1h1,032.9+0.042%$174.8M$78.4M10xas long as short
Phoenix MU+0.0231%1h1,032.7+0.023%$529K$268K15xas long as short
Extended MU_24_5-USD+0.0264%1h1,032.5+0.002%$542K$1.1M10xas long as short
Bullet MU-USD+0.0313%1h1,033.1+0.064%$26K$387K10xas long as short
GRVT MU_USDT_Perp+0.0356%8h1,032.8+0.032%$73K$1.4M10xas long as short
Deribit MU_USDC-PERPETUALshort+0.0487%1h1,032.7+0.019%$72K$636K10x