Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: StandX against Injective+0.132%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. StandX is 0.132% dearer against Injective than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 7 days (−0.013% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MU/USDC PERP | 1,051.4 | 0.0033 | pay 0.0004% / 1h | 20m 41s | $19K | $5K | 12x |
| Short | StandX MU-USD | 1,052.8 | 0 | get 0.0000% / 1h | 20m 41s | $190K | $3.4M | 20x |
Injective MU/USDC PERP
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Injective. 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
- −$7
- Price spread: +0.132% → 0.000%
- $13.22
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$1.8
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; StandX: live order book, 3 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell StandX live order book, 3 min ago | 2.52 bp | 9.8 bp −$10 | 15.2 bp −$152 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0836% | 4h | 1,052.4 | +0.099% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,053.1 | +0.168% | $21.5M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,053.1 | +0.166% | $31.2M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,053.4 | +0.197% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,053 | +0.152% | $62.4M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.9 | +0.146% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,052.8 | +0.132% | $190K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,053.1 | +0.165% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052.7 | +0.129% | $70K | $433K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,053 | +0.156% | $131K | $434K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MU | +0.0012% | 8h | 1,053 | +0.159% | $2.7M | $2.4M | — | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,052.2 | +0.084% | $3K | $44K | 10x | as long as short |
| Bybit MUUSDT | +0.0026% | 8h | 1,053.4 | +0.193% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,053.1 | +0.166% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,052.3 | +0.088% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPlong | +0.0033% | 1h | 1,051.4 | long leg | $19K | $5K | 12x | |
| QFEX MU-USD | +0.0034% | 1h | 1,053.1 | +0.168% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.5 | +0.104% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,054.3 | +0.278% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,053.3 | +0.185% | $25K | $396K | 10x | as long as short |
| Nado MU-PERP | +0.0049% | 1h | 1,052.9 | +0.144% | $282K | $837K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.9 | +0.146% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,053 | +0.151% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,052.6 | +0.114% | $1.9M | $2.2M | 10x | as long as short |
| Binance MUUSDT | +0.0051% | 8h | 1,053.2 | +0.172% | $126.8M | $516.6M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,053.2 | +0.179% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,053.2 | +0.170% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052.8 | +0.137% | $179.0M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.146% | $759K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0095% | 8h | 1,053.2 | +0.170% | $20.5M | $41.1M | 50x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,052.7 | +0.130% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,053.1 | +0.169% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.8 | +0.138% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.4 | +0.100% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,053 | +0.155% | $837 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0173% | 8h | 1,053.2 | +0.173% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,053.3 | +0.185% | $539K | $271K | 15x | as long as short |
Variational Omni MU
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Arcus MU-USD
Vest MU-USD-PERP
Bullet MU-USD
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Binance MUUSDT
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU