Funding you earn now, next payment 23:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.042%
Price spread now: StandX against Bullet−0.100%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 3 days (all we have)−0.154%−$15 on $10k
+Price spread, last 3 days (all we have)+0.036%+$4 · spread now −0.100%, 7d avg −0.024%
=Together, before fees−0.118%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and StandX is 0.075% cheaper against Bullet than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,043.7 | 0.0281 | pay 0.0035% / 1h | 5m 25s | $25K | $396K | 10x |
| Short | StandX MU-USD | 1,042.7 | 0 | get 0.0000% / 1h | 5m 25s | $188K | $3.3M | 20x |
Bullet MU-USD
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Bullet. 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
- −$58.99
- Price spread: −0.100% → −0.024%
- −$7.54
- Slippage, 4 orders
- −$13.34
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$95.87
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 14 min ago; StandX: live order book, 4 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 Bullet live order book, 14 min ago | 0.48 bp | 6.2 bp −$6 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell StandX live order book, 4 min ago | 3.02 bp | 8.4 bp −$8 | 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 | −0.0371% | 4h | 1,043.4 | −0.034% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | −0.013% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,042.7 | −0.100% | $188K | $3.3M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,045.8 | +0.196% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.037% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.4 | −0.031% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.669% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0036% | 1h | 1,043.5 | −0.024% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.1 | −0.059% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.3 | −0.041% | $165K | $197K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,043.6 | −0.017% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.7 | −0.097% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0050% | 8h | 1,043.7 | −0.002% | $30.9M | $104.9M | 50x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.6 | −0.015% | $7.8M | $24.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.8 | +0.004% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.4 | −0.037% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043 | −0.075% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.6 | −0.015% | $830 | $799 | 20x | as long as short |
| Aster MUUSD1 | +0.0112% | 8h | 1,044.2 | +0.041% | $21.5M | $47.4M | 20x | as long as short |
| Bitget MUUSDT | +0.0115% | 8h | 1,043.7 | −0.003% | $20.5M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.4 | −0.032% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0146% | 8h | 1,043.5 | −0.025% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0150% | 8h | 1,043.5 | −0.027% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0175% | 8h | 1,043.8 | +0.010% | $124.7M | $535.1M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.048% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,043.5 | −0.018% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0224% | 8h | 1,043.8 | +0.004% | $77K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0235% | 1h | 1,042.7 | −0.096% | $273K | $872K | 10x | as long as short |
| Bybit MUUSDT | +0.0262% | 8h | 1,043.9 | +0.018% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USDlong | +0.0281% | 1h | 1,043.7 | long leg | $25K | $396K | 10x | |
| BloFin MU-USDT | +0.0292% | 8h | 1,043.6 | −0.017% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0327% | 1h | 1,043.5 | −0.022% | $176.2M | $106.5M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044 | +0.026% | $534K | $306K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0393% | 1h | 1,043.2 | −0.049% | $62K | $252K | 10x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.1 | −0.057% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044 | +0.021% | $295K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0704% | 1h | 1,042.5 | −0.118% | $547K | $1.1M | 10x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aster MUUSD1
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Nado MU-PERP
Bybit MUUSDT
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Deribit MU_USDC-PERPETUAL
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD