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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Aftermath Perps against SoDEX−0.029%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 3 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 −$1 a day on $10k at the current rate, and Aftermath Perps is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MU-USD1,048.90.0050pay 0.0006% / 1h35m 40s$688K$16K10x
ShortAftermath Perps MUUSD1,048.60.0021get 0.0003% / 1h35m 40s$3K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SoDEX. 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
−$6.08
Price spread: −0.029% → 0.000%
−$2.92
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$26
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SoDEX: live order book, 33 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 SoDEX live order book, 33 min ago0.05 bp11.6 bp −$1239.4 bp −$394doesn'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 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−0.0949%4h1,048.4−0.044%$1.3M$671K10xas long as short
Nado MU-PERP−0.0007%1h1,048.4−0.049%$274K$858K10xas long as short
Bybit MUUSDT0.0000%8h1,049.3+0.033%$19.2M$32.6M100xas long as short
Gate MU_USDT0.0000%8h1,049.2+0.032%$62.1M$27.6M75xas long as short
StandX MU-USD0.0000%1h1,048.7−0.015%$190K$3.4M20xas long as short
Bullet MU-USD0.0000%1h1,049.2+0.030%$26K$395K10xas long as short
SunX MU-USDT0.0000%8h1,050.2+0.124%$11K$6.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049+0.008%$66K$329K10xas long as short
HTX MU-USDT0.0000%8h1,049.1+0.016%$129K$430K50xas long as short
Aftermath Perps MUUSDshort+0.0021%1h1,048.6−0.029%$3K$45K10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0032%1h1,048.9+0.004%$1.1M$4.8M20xas long as short
Lighter RH MU+0.0032%1h1,049.2+0.024%$1.1M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,048.6−0.031%$567K$1.2M10xas long as short
QFEX MU-USD+0.0040%1h1,048.6−0.033%$7.5M$20.1M10xas long as short
Arcus MU-USD+0.0040%1h1,048.7−0.018%$71K$237K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,049.8+0.088%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,049+0.010%$178.1M$99.9M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.90.000%$170K$203K10xas long as short
SoDEX MU-USDlong+0.0050%1h1,048.9long leg$688K$16K10x
Ondo Perps MU-USD.P+0.0050%1h1,048.4−0.048%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0068%8h1,048.7−0.020%$2K5xas long as short
OKX MU-USDT-SWAP+0.0069%8h1,049+0.009%$30.8M$100.7M50xas long as short
Pacifica MU+0.0100%1h1,048.90.000%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.1+0.014%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,048.6−0.026%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049+0.008%$834$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.235%$19K$5K12xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,048.1−0.078%$759K$1.2M10xas long as short
Aevo MU-PERP+0.0136%1h1,048.90.000%$32K$1K10xas long as short
GRVT MU_USDT_Perp+0.0158%8h1,049+0.006%$81K$1.3M10xas long as short
Aster MUUSD1+0.0200%8h1,049.2+0.029%$21.6M$50.1M20xas long as short
Variational Omni MU+0.0204%8h1,049.1+0.018%$2.7M$2.4Mas long as short
Binance MUUSDT+0.0218%8h1,049+0.011%$126.8M$524.9M50xas long as short
Bitget MUUSDT+0.0278%8h1,049.4+0.051%$20.3M$41.9M50xas long as short
Phoenix MU+0.0304%1h1,049.2+0.029%$537K$273K15xas long as short
BloFin MU-USDT+0.0368%8h1,049.8+0.087%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,049.1+0.015%$333K$348K20xas long as short