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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.021%
Price spread now: StandX against Paradex+0.011%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · StandX: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,0400.0081pay 0.0081% / 8h5h 48m$2K5x
ShortStandX MU-USD1,040.10get 0.0000% / 1h48m 08s$188K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Paradex. 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
−$17.06
Price spread: +0.011% → 0.000%
$1.07
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee StandX: 4 bp × 2 orders
−$8
Net
−$27.99
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; StandX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell StandX live order book, 4 min ago3.27 bp8.3 bp −$814.2 bp −$142doesn't fitdoesn't fit
Paradex: 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 exchanges

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−0.0524%4h1,040.2+0.025%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,040.2+0.023%$21.2M$73.5M20xas long as short
Binance MUUSDT0.0000%8h1,040.1+0.015%$121.7M$555.4M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,0400.000%$29.7M$107.9M50xas long as short
Gate MU_USDT0.0000%8h1,040−0.001%$61.4M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,040.2+0.020%$19.8M$43.6M50xas long as short
Variational Omni MU0.0000%8h1,040.3+0.035%$2.6M$2.6Mas long as short
StandX MU-USDshort0.0000%1h1,040.1+0.011%$188K$3.7M20x
SunX MU-USDT0.0000%8h1,041.9+0.179%$11K$5.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,039.4−0.055%$35K$722K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,039.9−0.006%$119K$474K50xas long as short
Lighter RH MU+0.0032%1h1,039.9−0.011%$1.2M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.093%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0035%1h1,039.9−0.011%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,041.1+0.104%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,039.5−0.047%$169K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,040.1+0.007%$684K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,039.6−0.040%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,040.1+0.015%$7.0M$19.3M10xas long as short
Bybit MUUSDT+0.0076%8h1,040.3+0.032%$18.8M$32.3M100xas long as short
Aevo MU-PERP+0.0080%1h1,039.6−0.042%$32K$1K10xas long as short
Paradex MU-USD-PERPlong+0.0081%8h1,040long leg$2K5x
Pacifica MU+0.0100%1h1,0400.000%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,039.8−0.022%$5.2M$6.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,040.3+0.034%$71K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,040.1+0.008%$827$79920xas long as short
RISEx MU/USDC+0.0118%1h1,039.8−0.014%$299K$351K20xas long as short
BloFin MU-USDT+0.0120%8h1,040.7+0.067%$1.5M$2.6M20xas long as short
Nado MU-PERP+0.0126%1h1,039.6−0.034%$277K$841K10xas long as short
Arcus MU-USD+0.0139%1h1,039.1−0.088%$90K$148K10xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,039.9−0.006%$728K$1.2M10xas long as short
Lighter MU+0.0200%1h1,0400.000%$1.0M$5.0M20xas long as short
Bullet MU-USD+0.0217%1h1,040.1+0.009%$24K$385K10xas long as short
GRVT MU_USDT_Perp+0.0224%8h1,040.8+0.078%$81K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0251%1h1,040.1+0.011%$177.4M$75.7M10xas long as short
Phoenix MU+0.0308%1h1,040.4+0.040%$532K$159K15xas long as short
Extended MU_24_5-USD+0.0360%1h1,039.3−0.070%$551K$1.1M10xas long as short