Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.030%

Price spread now: StandX against Binance+0.161%47s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$280.281% of the position

Long on Binance Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 7 days−0.134%−$13 · spread now +0.161%, 7d avg −0.002%

Together, before fees−0.323%+ Points / potential airdropStandX: Active · farm board−$32 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 0.162% dearer against Binance than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.002%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MUUSDT	1,045.5	0	get 0.0000% / 8h	3h 25m	$124.4M	$521.1M	50x
Short	StandX MU-USD	1,047.2	0	get 0.0000% / 1h	25m 41s	$189K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee StandXbpOrdersPrice spread, now +0.161%Rate

Funding earned: $0
Price spread: +0.161% → −0.002%: $16.22
Slippage, 4 orders: −$10.12
Fee Binance: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$11.9
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from Binance: live order book, 3 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 Binance live order book, 3 min ago	0.05 bp	5.9 bp −$6	7.5 bp −$75	13.1 bp −$1,307	doesn't fit
Sell StandX live order book, 3 min ago	2.63 bp	9.1 bp −$9	14.2 bp −$142	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	−0.0080%	4h	1,046.5	+0.098%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,046.1	+0.057%	$21.3M	$56.5M	20x	as long as short
Binance MUUSDTlong	0.0000%	8h	1,045.5	long leg	$124.4M	$521.1M	50x
Bybit MUUSDT	0.0000%	8h	1,045.6	+0.015%	$18.8M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,045.2	−0.022%	$31.0M	$99.3M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.6	+0.009%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.3	−0.021%	$62.1M	$27.8M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,045.4	−0.003%	$20.5M	$41.5M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.4	−0.003%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,046.9	+0.133%	$79K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USDshort	0.0000%	1h	1,047.2	+0.161%	$189K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,046	+0.047%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.3	−0.016%	$73K	$475K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.2	−0.024%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,045.9	+0.042%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.2	−0.023%	$7.0M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,045.4	−0.008%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.3	−0.015%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,044.7	−0.070%	$549K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.563%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,045.9	+0.036%	$71K	$233K	10x	as long as short
Nado MU-PERP	+0.0042%	1h	1,045.4	−0.009%	$281K	$828K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.4	+0.091%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0049%	1h	1,045.7	+0.022%	$25K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,045.1	−0.035%	$176.9M	$96.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.4	−0.007%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.5	+0.002%	$686K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,045.4	−0.004%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.9	+0.041%	$1.9M	$2.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,045.1	−0.034%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	−0.006%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.5	−0.001%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,046.6	+0.103%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	+0.029%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,045.6	+0.008%	$752K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,046.1	+0.055%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,046.4	+0.089%	$535K	$271K	15x	as long as short