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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: StandX against Aster−0.046%48s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.316% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 7 days+0.062%+$6 · spread now −0.046%, 7d avg +0.002%
Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · StandX: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.048% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,033.90get 0.0000% / 8h6h 19m$21.1M$72.1M20x
ShortStandX MU-USD1,033.40get 0.0000% / 1h19m 38s$187K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Aster. 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
$0
Price spread: −0.046% → +0.002%
−$4.77
Slippage, 4 orders
−$15.57
Fee Aster: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$36.34
Costs to cover
0.316%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; StandX: live order book, 2 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 Aster live order book, 3 min ago1.21 bp6.2 bp −$67.4 bp −$74doesn't fitdoesn't fit
Sell StandX live order book, 2 min ago2.57 bp9.0 bp −$914.7 bp −$147doesn't fitdoesn't fit

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−0.0073%4h1,033.6−0.026%$1.3M$694K10xas long as short
Aster MUUSD1long0.0000%8h1,033.9long leg$21.1M$72.1M20x
Binance MUUSDT0.0000%8h1,033−0.088%$120.5M$550.0M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.1−0.076%$29.4M$106.4M50xas long as short
Gate MU_USDT0.0000%8h1,032.8−0.103%$61.5M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,033−0.087%$19.7M$42.8M50xas long as short
Variational Omni MU0.0000%8h1,033.1−0.077%$2.6M$2.6Mas long as short
StandX MU-USDshort0.0000%1h1,033.4−0.046%$187K$3.7M20x
SunX MU-USDT0.0000%8h1,034.9+0.098%$11K$5.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,032.2−0.163%$46K$693K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,032.7−0.118%$119K$486K50xas long as short
Lighter RH MU+0.0032%1h1,032.7−0.114%$1.1M$4.5M10xas long as short
Aftermath Perps MUUSD+0.0032%1h1,033.2−0.063%$3K$42K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.688%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.7−0.017%$177K25xas long as short
Bybit MUUSDT+0.0046%8h1,033.1−0.078%$18.8M$32.5M100xas long as short
Polymarket Perps MU-USD+0.0050%1h1,033−0.087%$167K$178K10xas long as short
SoDEX MU-USD+0.0050%1h1,033.1−0.079%$678K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,031.9−0.192%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,033−0.086%$7.0M$19.0M10xas long as short
Paradex MU-USD-PERP+0.0066%8h1,033−0.085%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,032.7−0.112%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,032.8−0.112%$146K$223K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032.9−0.097%$5.2M$5.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,034.5+0.058%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033.4−0.052%$822$79920xas long as short
RISEx MU/USDC+0.0107%1h1,033.5−0.044%$295K$350K20xas long as short
BloFin MU-USDT+0.0120%8h1,033.2−0.071%$1.4M$2.4M20xas long as short
Nado MU-PERP+0.0124%1h1,032.6−0.128%$269K$840K10xas long as short
GRVT MU_USDT_Perp+0.0130%8h1,033.4−0.048%$76K$1.4M10xas long as short
Lighter MU+0.0136%1h1,032.8−0.103%$1.0M$5.0M20xas long as short
Arcus MU-USD+0.0139%1h1,032.6−0.128%$90K$148K10xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,033.5−0.039%$732K$1.2M10xas long as short
tradeXYZ xyz:MU+0.0180%1h1,033−0.087%$174.9M$75.6M10xas long as short
Bullet MU-USD+0.0216%1h1,033.4−0.050%$25K$385K10xas long as short
Extended MU_24_5-USD+0.0264%1h1,032.3−0.157%$549K$1.1M10xas long as short
Phoenix MU+0.0310%1h1,033.6−0.029%$529K$269K15xas long as short