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+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.005%
Price spread now: KuCoin against Paradex−0.019%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 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: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,050.90.0081pay 0.0081% / 8h7h 00m$2K5x
ShortKuCoin MUUSDTM1,050.70.0100get 0.0100% / 8h7h 00m$5.3M$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$4.02
Price spread: −0.019% → 0.000%
−$1.92
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$13.9
Costs to cover
0.160%
Break-even
31.2 days
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago3.62 bp13.6 bp −$1438.7 bp −$387doesn'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−0.0387%4h1,050.6−0.025%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,050.7−0.015%$62.6M$29.1M75xas long as short
StandX MU-USD0.0000%1h1,050−0.088%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,051.6+0.066%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,050.1−0.073%$65K$314K10xas long as short
HTX MU-USDT0.0000%8h1,050.1−0.074%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,050.7−0.018%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,050.90.000%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.046%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,051.6+0.069%$179K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0048%1h1,051.2+0.026%$1.1M$4.8M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,050.6−0.026%$171K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,050.4−0.045%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050.1−0.071%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,050.7−0.013%$7.6M$20.9M10xas long as short
Nado MU-PERP+0.0081%1h1,050.7−0.019%$275K$858K10xas long as short
Paradex MU-USD-PERPlong+0.0081%8h1,050.9long leg$2K5x
Pacifica MU+0.0100%1h1,050.8−0.009%$149K$186K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,050.7−0.019%$5.3M$3.5M20x
ApeX Omni MUUSDT+0.0100%1h1,050.5−0.033%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050.6−0.028%$835$79920xas long as short
OKX MU-USDT-SWAP+0.0102%8h1,050.5−0.034%$30.9M$101.5M50xas long as short
Aevo MU-PERP+0.0152%1h1,050.4−0.041%$32K$1K10xas long as short
Bullet MU-USD+0.0158%1h1,050.7−0.015%$26K$396K10xas long as short
Bybit MUUSDT+0.0171%8h1,050.9+0.006%$19.4M$32.6M100xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,050.5−0.037%$762K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0187%1h1,050.6−0.026%$178.4M$100.2M10xas long as short
Arcus MU-USD+0.0240%1h1,050.7−0.021%$71K$242K10xas long as short
Extended MU_24_5-USD+0.0248%1h1,050.1−0.072%$559K$1.2M10xas long as short
Variational Omni MU+0.0260%8h1,050.4−0.049%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0268%8h1,051+0.012%$21.6M$48.5M20xas long as short
Binance MUUSDT+0.0272%8h1,050.7−0.013%$126.1M$522.0M50xas long as short
RISEx MU/USDC+0.0312%1h1,050.9+0.001%$316K$340K20xas long as short
Phoenix MU+0.0383%1h1,050.9+0.003%$538K$306K15xas long as short
BloFin MU-USDT+0.0392%8h1,050.6−0.028%$1.5M$2.0M20xas long as short
Bitget MUUSDT+0.0408%8h1,050.8−0.007%$20.6M$41.6M50xas long as short
GRVT MU_USDT_Perp+0.0582%8h1,051.5+0.060%$83K$1.3M10xas long as short