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+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.027%
Price spread now: Bullet against RISEx−0.003%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.080%+$8 on $10k
Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.003%, 7d avg 0.000%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,038.50get 0.0000% / 1h4m 16s$312K$385K20x
ShortBullet MU-USD1,038.50.0007get 0.0001% / 1h4m 16s$25K$388K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$1.56
Price spread: −0.003% → 0.000%
−$0.37
Slippage, 4 orders
−$6.27
Fee RISEx: 3 bp × 2 orders
−$6
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$19.07
Costs to cover
0.203%
Break-even
92.4 days
Slippage from RISEx: live order book, 34 min ago; Bullet: live order book, 35 min ago.

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, 34 min ago0.92 bp3.9 bp −$44.5 bp −$45doesn't fitdoesn't fit
Sell Bullet live order book, 35 min ago0.48 bp6.2 bp −$621.0 bp −$210doesn't fitdoesn't fit

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−0.0555%4h1,038.3−0.025%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0134%8h1,038.8+0.023%$20.2M$39.9M50xas long as short
Aster MUUSD10.0000%8h1,038.8+0.023%$21.2M$67.8M20xas long as short
Binance MUUSDT0.0000%8h1,038.6+0.011%$122.5M$536.8M50xas long as short
Bybit MUUSDT0.0000%8h1,038.5+0.001%$18.8M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.4−0.016%$29.8M$100.0M50xas long as short
RISEx MU/USDClong0.0000%1h1,038.5long leg$312K$385K20x
Gate MU_USDT0.0000%8h1,038.3−0.024%$61.6M$28.4M75xas long as short
Variational Omni MU0.0000%8h1,038.3−0.023%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038.4−0.009%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.5−0.002%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.8+0.117%$11K$5.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.3−0.024%$74K$621K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.023%$126K$481K50xas long as short
Bullet MU-USDshort+0.0007%1h1,038.5−0.003%$25K$388K10x
Nado MU-PERP+0.0018%1h1,038.3−0.027%$280K$802K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,038.3−0.021%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,038.2−0.032%$7.0M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,038.6+0.010%$1.1M$4.5M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.7−0.077%$544K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.235%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.8+0.027%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.8−0.072%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.7+0.012%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.3−0.022%$176.4M$80.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.3−0.022%$168K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.006%$681K$15K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,038.1−0.040%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.6−0.092%$1.9M$2.7M10xas long as short
Aevo MU-PERP+0.0080%1h1,038.2−0.035%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.3−0.019%$726K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,037.8−0.068%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.3−0.021%$5.2M$4.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5−0.005%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.3−0.021%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3−0.022%$1.5M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.7+0.016%$531K$270K15xas long as short