Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.039%
Price spread now: StandX against Arcus+0.137%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 4 days (all we have)−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.137%, 7d avg +0.039%
=Together, before fees−0.349%+ Points / potential airdropStandX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.098% dearer against Arcus than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.039%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.1 days. At the pace of the last 4 days (−0.176% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,024.9 | 0.0040 | pay 0.0005% / 1h | 30m 53s | $89K | $244K | 10x |
| Short | StandX MU-USD | 1,026.3 | 0 | get 0.0000% / 1h | 30m 53s | $186K | $3.6M | 20x |
Arcus MU-USD
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Arcus. 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
- −$8.46
- Price spread: +0.137% → +0.039%
- $9.77
- Slippage, 4 orders
- −$22.94
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$34.13
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 2 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 Arcus live order book, 2 min ago | 1.17 bp | 3.4 bp −$3 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 5.84 bp | 11.4 bp −$11 | 16.7 bp −$167 | doesn't fit | doesn't fit |
MU on 37 venues
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 | −0.0820% | 4h | 1,027.6 | +0.264% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0044% | 8h | 1,024.8 | −0.008% | $19.7M | $40.5M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,025.2 | +0.028% | $20.9M | $69.0M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,024.5 | −0.042% | $121.4M | $546.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,024.7 | −0.017% | $18.5M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,024.7 | −0.018% | $29.3M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,025.6 | +0.068% | $308K | $373K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,025.1 | +0.019% | $61.8M | $28.1M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,028.1 | +0.311% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,028.5 | +0.355% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USDshort | 0.0000% | 1h | 1,026.3 | +0.137% | $186K | $3.6M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,026.2 | +0.132% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,025.2 | +0.030% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,024.9 | 0.000% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,027.2 | +0.225% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,025.1 | +0.023% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,024.4 | −0.046% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.583% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDlong | +0.0040% | 1h | 1,024.9 | long leg | $89K | $244K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,025.1 | +0.019% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,024.6 | −0.028% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,025.2 | +0.032% | $673K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,024.2 | −0.065% | $1.9M | $3.0M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,025.2 | +0.031% | $969K | $5.0M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,025.1 | +0.024% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,024.7 | −0.019% | $31K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0081% | 1h | 1,024.9 | +0.001% | $264K | $815K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0082% | 1h | 1,024.8 | −0.009% | $173.4M | $80.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.421% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,024.8 | −0.005% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,024.5 | −0.041% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,027.7 | +0.278% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,025.9 | +0.095% | $816 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0103% | 1h | 1,025.6 | +0.069% | $25K | $388K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,025.7 | +0.074% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,027.6 | +0.264% | $526K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0365% | 1h | 1,025.1 | +0.021% | $72K | $629K | 10x | as long as short |
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
Aevo MU-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL