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−0.0074%/8h= −8.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.027%
Price spread now: Aftermath Perps against RISEx−0.135%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 feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.135% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,035.20.0107pay 0.0013% / 1h13m 18s$296K$350K20x
ShortAftermath Perps MUUSD1,033.80.0033get 0.0004% / 1h13m 18s$3K$42K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against RISEx. 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
−$15.59
Price spread: −0.135% → 0.000%
−$13.46
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$44.05
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 38 min ago; Aftermath Perps: 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 RISEx live order book, 38 min ago1.07 bp4.1 bp −$45.7 bp −$57doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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 exchanges

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−0.0919%4h1,034.4−0.075%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,035.8+0.062%$21.2M$72.6M20xas long as short
Binance MUUSDT0.0000%8h1,035.3+0.005%$120.9M$550.3M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,035.3+0.009%$29.4M$106.5M50xas long as short
Gate MU_USDT0.0000%8h1,035−0.015%$61.6M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,035.1−0.013%$19.8M$42.8M50xas long as short
Variational Omni MU0.0000%8h1,034.5−0.064%$2.6M$2.6Mas long as short
StandX MU-USD0.0000%1h1,034.2−0.098%$187K$3.7M20xas long as short
SunX MU-USDT0.0000%8h1,037+0.175%$11K$5.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,034.6−0.058%$41K$704K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,035.2−0.005%$119K$475K50xas long as short
Lighter RH MU+0.0032%1h1,035−0.018%$1.1M$4.6M10xas long as short
Aftermath Perps MUUSDshort+0.0033%1h1,033.8−0.135%$3K$42K10x
Injective MU/USDC PERP+0.0033%1h1,051.4+1.561%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.7+0.044%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.20.000%$167K$178K10xas long as short
SoDEX MU-USD+0.0050%1h1,035−0.024%$679K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,032.5−0.265%$1.9M$3.2M10xas long as short
Bybit MUUSDT+0.0051%8h1,035.3+0.008%$18.8M$32.4M100xas long as short
QFEX MU-USD+0.0059%1h1,035.2−0.001%$7.0M$19.0M10xas long as short
Paradex MU-USD-PERP+0.0068%8h1,035.2+0.003%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,034.8−0.037%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,035.1−0.012%$146K$223K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,034.4−0.074%$5.2M$5.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.6−0.152%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.1−0.007%$823$79920xas long as short
RISEx MU/USDClong+0.0107%1h1,035.2long leg$296K$350K20x
GRVT MU_USDT_Perp+0.0120%8h1,033.6−0.152%$76K$1.4M10xas long as short
BloFin MU-USDT+0.0120%8h1,035.5+0.031%$1.4M$2.5M20xas long as short
Nado MU-PERP+0.0124%1h1,034.6−0.060%$270K$840K10xas long as short
Arcus MU-USD+0.0139%1h1,034.8−0.041%$90K$148K10xas long as short
Lighter MU+0.0144%1h1,035.1−0.007%$1.0M$5.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,033.5−0.164%$732K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0180%1h1,034.9−0.029%$175.5M$75.8M10xas long as short
Bullet MU-USD+0.0212%1h1,035.2−0.004%$25K$386K10xas long as short
Extended MU_24_5-USD+0.0272%1h1,034.1−0.106%$549K$1.1M10xas long as short
Phoenix MU+0.0310%1h1,034.4−0.077%$529K$269K15xas long as short