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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.04 per $10,000 · paid last 24h −0.046%
Price spread now: StandX against Extended+0.059%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$21 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.059%, 7d avg +0.058%
Together, before fees−0.241%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.058%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,051.70.0032pay 0.0004% / 1h18m 19s$566K$1.1M10x
ShortStandX MU-USD1,052.30get 0.0000% / 1h18m 19s$190K$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Extended. 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
−$6.72
Price spread: +0.059% → +0.058%
$0.11
Slippage, 4 orders
−$11.32
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$30.94
Costs to cover
0.243%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; StandX: live order book, 1 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 Extended live order book, 5 min ago0.05 bp3.4 bp −$39.0 bp −$90doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago2.76 bp8.4 bp −$813.8 bp −$138doesn't fitdoesn't fit

MU on 37 venues

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−0.0836%4h1,052.4+0.070%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,052.6+0.084%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.5+0.077%$31.2M$99.6M50xas long as short
RISEx MU/USDC0.0000%1h1,052.6+0.090%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.3+0.058%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.9+0.116%$82K$1.4M10xas long as short
StandX MU-USDshort0.0000%1h1,052.3+0.059%$190K$3.4M20x
SunX MU-USDT0.0000%8h1,052.4+0.073%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,052.1+0.037%$71K$436K10xas long as short
HTX MU-USDT0.0000%8h1,052.3+0.064%$131K$435K50xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0012%8h1,053+0.129%$2.7M$2.4Mas long as short
Aftermath Perps MUUSD+0.0021%1h1,052.5+0.075%$3K$44K10xas long as short
Bybit MUUSDT+0.0024%8h1,052.7+0.093%$19.1M$32.3M100xas long as short
Lighter RH MU+0.0032%1h1,052.4+0.066%$1.3M$4.4M10xas long as short
Extended MU_24_5-USDlong+0.0032%1h1,051.7long leg$566K$1.1M10x
Injective MU/USDC PERP+0.0033%1h1,051.4−0.029%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.2+0.050%$7.2M$17.9M10xas long as short
Arcus MU-USD+0.0040%1h1,052.4+0.069%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.5+0.169%$176K25xas long as short
Nado MU-PERP+0.0047%1h1,052.1+0.043%$282K$837K10xas long as short
Binance MUUSDT+0.0047%8h1,052.3+0.064%$126.7M$516.6M50xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2+0.050%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.3+0.056%$691K$16K10xas long as short
Bullet MU-USD+0.0050%1h1,052.5+0.079%$25K$395K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,052.4+0.067%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.4+0.070%$2K5xas long as short
Lighter MU+0.0056%1h1,052.4+0.072%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0075%1h1,052.2+0.050%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9+0.116%$759K$1.2M10xas long as short
Bitget MUUSDT+0.0093%8h1,052.5+0.079%$20.5M$41.1M50xas long as short
Aevo MU-PERP+0.0096%1h1,052+0.035%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.4+0.071%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.2+0.047%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.6+0.088%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3+0.059%$837$79920xas long as short
BloFin MU-USDT+0.0170%8h1,052.7+0.093%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,053.3+0.155%$539K$271K15xas long as short