Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against ApeX Omni−0.081%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.081%, 7d avg −0.014%
=Together, before fees−0.197%+ Points / potential airdropStandX: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and StandX is 0.067% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,040.3 | 0.0100 | pay 0.0013% / 1h | 48m 58s | $71K | $270K | 50x |
| Short | StandX MU-USD | 1,039.5 | 0 | get 0.0000% / 1h | 48m 58s | $188K | $3.7M | 20x |
ApeX Omni MUUSDT
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.081% → −0.014%
- −$6.67
- Slippage, 4 orders
- −$33.67
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$79.34
- Costs to cover
- 0.517%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; StandX: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 61 min ago | 5.18 bp | 17.6 bp −$18 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 3.27 bp | 8.3 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
MU on 37 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0524% | 4h | 1,040.2 | −0.009% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.1 | +0.077% | $21.2M | $73.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.5 | +0.013% | $121.7M | $555.5M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.2 | −0.011% | $29.7M | $107.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.6 | +0.024% | $61.3M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.3 | −0.009% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | +0.001% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,039.5 | −0.081% | $188K | $3.7M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,042.4 | +0.195% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.1 | −0.021% | $35K | $721K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,040.4 | +0.009% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.8 | +0.045% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.059% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0034% | 1h | 1,040 | −0.033% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.8 | +0.140% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.5 | +0.015% | $170K | $180K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.6 | −0.074% | $1.9M | $3.2M | 10x | as long as short |
| SoDEX MU-USD | +0.0055% | 1h | 1,040.6 | +0.020% | $684K | $14K | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040.4 | +0.005% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0075% | 8h | 1,040.5 | +0.019% | $18.8M | $32.3M | 100x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.1 | −0.020% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0082% | 8h | 1,040.5 | +0.015% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040 | −0.035% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.3 | −0.007% | $5.2M | $6.0M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,040.3 | long leg | $71K | $270K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.6 | +0.020% | $827 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.8 | +0.040% | $300K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.7 | +0.033% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0126% | 1h | 1,040.2 | −0.014% | $277K | $841K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,040.2 | −0.015% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,039.9 | −0.039% | $728K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,040.9 | +0.049% | $1.0M | $5.0M | 20x | as long as short |
| Bullet MU-USD | +0.0223% | 1h | 1,040.8 | +0.044% | $24K | $386K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0224% | 8h | 1,040.8 | +0.044% | $81K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0251% | 1h | 1,040.6 | +0.025% | $177.5M | $75.7M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | +0.006% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0360% | 1h | 1,039.5 | −0.081% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
SoDEX MU-USD
QFEX MU-USD
Bybit MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Coinbase International MU-PERP-INTX
Lighter MU
Bullet MU-USD
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD