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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.022%
Price spread now: StandX against GRVT−0.218%62s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$350.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 7 days+0.253%+$25 · spread now −0.218%, 7d avg −0.025%
Together, before fees+0.062%+ Points / potential airdropGRVT: Active · StandX: Active · farm board+$6 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 0.193% cheaper against GRVT than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MU_USDT_Perp1,028.50get 0.0000% / 8h7h 30m$72K$1.4M10x
ShortStandX MU-USD1,026.30get 0.0000% / 1h30m 21s$186K$3.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against GRVT. 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: −0.218% → −0.025%
−$19.3
Slippage, 4 orders
−$18.48
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee StandX: 4 bp × 2 orders
−$8
Net
−$54.78
Costs to cover
0.355%
Break-even
never at this rate
Slippage from GRVT: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 3 min ago0.05 bp4.5 bp −$55.8 bp −$58doesn't fitdoesn't fit
Sell StandX live order book, 4 min ago5.84 bp11.4 bp −$1116.7 bp −$167doesn'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−0.0820%4h1,027.6−0.090%$1.3M$696K10xas long as short
Bitget MUUSDT−0.0040%8h1,024.4−0.399%$19.7M$40.5M50xas long as short
Aster MUUSD10.0000%8h1,024.7−0.371%$20.9M$69.0M20xas long as short
Binance MUUSDT0.0000%8h1,024.3−0.407%$121.4M$546.9M50xas long as short
Bybit MUUSDT0.0000%8h1,024.3−0.416%$18.5M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,024.4−0.398%$29.2M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,024.6−0.382%$308K$373K20xas long as short
Gate MU_USDT0.0000%8h1,024.1−0.430%$61.8M$28.1M75xas long as short
Variational Omni MU0.0000%8h1,025.8−0.269%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perplong0.0000%8h1,028.5long leg$72K$1.4M10x
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDshort0.0000%1h1,026.3−0.218%$186K$3.6M20x
SunX MU-USDT0.0000%8h1,026.2−0.223%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,025.2−0.324%$119K$491K50xas long as short
QFEX MU-USD+0.0027%1h1,024.5−0.390%$6.9M$18.9M10xas long as short
Aftermath Perps MUUSD+0.0028%1h1,026.6−0.185%$3K$43K10xas long as short
Lighter RH MU+0.0032%1h1,024.4−0.403%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,023.8−0.456%$541K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.220%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,024−0.440%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,024.1−0.436%$179K25xas long as short
Lighter MU+0.0048%1h1,024.5−0.395%$968K$5.0M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,023.4−0.499%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,025.2−0.322%$673K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,024.2−0.419%$1.9M$3.0M10xas long as short
Paradex MU-USD-PERP+0.0057%8h1,024.5−0.389%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,024.7−0.373%$31K$1K10xas long as short
tradeXYZ xyz:MU+0.0081%1h1,023.8−0.460%$173.2M$80.0M10xas long as short
Nado MU-PERP+0.0083%1h1,023.7−0.468%$264K$815K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.065%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,024.1−0.430%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,024−0.445%$5.1M$4.6M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,027.7−0.077%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,024.1−0.430%$814$79920xas long as short
Bullet MU-USD+0.0104%1h1,024.4−0.400%$25K$388K10xas long as short
BloFin MU-USDT+0.0120%8h1,025.7−0.280%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,027.6−0.090%$526K$270K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0365%1h1,025.1−0.333%$72K$629K10xas long as short