Funding you earn now, next payment 19:00 UTC−0.0120%/8hnext payment −$0.15 per $10,000 · paid last 24h −0.060%
Price spread now: StandX against Coinbase International−0.091%46s7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as 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−$340.339% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.091%, 7d avg +0.030%
=Together, before fees−0.304%+ Points / potential airdropStandX: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and StandX is 0.121% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 46 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 | Coinbase International MU-PERP-INTX | 1,046.6 | 0.0120 | pay 0.0015% / 1h | 5m 19s | $760K | $1.8M | 10x |
| Short | StandX MU-USD | 1,045.7 | 0 | get 0.0000% / 1h | 5m 19s | $189K | $3.2M | 20x |
Coinbase International MU-PERP-INTX
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Coinbase International. 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
- −$25.2
- Price spread: −0.091% → +0.030%
- −$12.1
- Slippage, 4 orders
- −$15.88
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$71.18
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Coinbase International: 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 Coinbase International live order book, 3 min ago | 3.59 bp | 8.6 bp −$9 | 13.1 bp −$131 | 42.4 bp −$4,245 | doesn't fit |
| Sell StandX live order book, 3 min ago | 2.48 bp | 9.4 bp −$9 | 15.1 bp −$151 | 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 | −0.0407% | 4h | 1,047.8 | +0.114% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,046 | −0.056% | $21.5M | $27.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,046 | −0.063% | $125.5M | $525.7M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.8 | −0.076% | $31.0M | $102.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,046.1 | −0.051% | $288K | $334K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046 | −0.060% | $63.6M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,046.4 | −0.024% | $2.7M | $2.7M | — | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,045.7 | −0.091% | $189K | $3.2M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,047.6 | +0.094% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.3 | −0.121% | $125K | $441K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
SunX MU-USDT
HTX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | +0.0010% | 8h | 1,046.7 | +0.008% | $82K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0015% | 8h | 1,046 | −0.056% | $19.0M | $31.5M | 100x | as long as short |
| Bitget MUUSDT | +0.0024% | 8h | 1,045.8 | −0.079% | $20.2M | $41.7M | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.5 | −0.105% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.392% | $14K | $302 | 12x | as long as short |
| Arcus MU-USD | +0.0041% | 1h | 1,046 | −0.058% | $63K | $236K | 10x | as long as short |
| QFEX MU-USD | +0.0045% | 1h | 1,045.9 | −0.069% | $7.9M | $23.7M | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.1 | −0.050% | — | $190K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.8 | −0.077% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.7 | −0.083% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045.3 | −0.129% | $1.9M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,045.9 | −0.064% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,045.9 | −0.072% | $1.0M | $4.7M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.5 | −0.105% | $33K | — | 10x | as long as short |
| Bullet MU-USD | +0.0083% | 1h | 1,045.9 | −0.066% | $25K | $397K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.7 | −0.089% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | −0.088% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.3 | −0.032% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.8 | −0.076% | $831 | $799 | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0101% | 1h | 1,045.6 | −0.097% | $178.3M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0120% | 1h | 1,046.6 | long leg | $760K | $1.8M | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,046.9 | +0.023% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0128% | 1h | 1,045.1 | −0.142% | $526K | $1.0M | 10x | as long as short |
| Nado MU-PERP | +0.0132% | 1h | 1,045.7 | −0.090% | $334K | $808K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0170% | 1h | 1,046.7 | +0.004% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0257% | 1h | 1,045.8 | −0.081% | $54K | $154K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,046.7 | +0.009% | $535K | $219K | 15x | as long as short |
GRVT MU_USDT_Perp
Bybit MUUSDT
Bitget MUUSDT
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
QFEX MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
tradeXYZ xyz:MU
BloFin MU-USDT
Extended MU_24_5-USD
Nado MU-PERP
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
Phoenix MU