Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.071%

Price spread now: StandX against RISEx+0.022%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on RISEx Short on StandX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.083%−$8 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.022%, 7d avg −0.008%

Together, before fees−0.099%+ Points / potential airdropStandX: Active · farm board−$10 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 0.030% dearer against RISEx than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MU/USDC	1,043.5	0	get 0.0000% / 1h	18m 02s	$337K	$353K	20x
Short	StandX MU-USD	1,043.7	0	get 0.0000% / 1h	18m 02s	$189K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against RISEx. 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

Position, each leg$Hold fordaysFee RISExbpFee StandXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.008%: $3.05
Slippage, 4 orders: −$10.41
Fee RISEx: 3 bp × 2 orders: −$6
Fee StandX: 4 bp × 2 orders: −$8
Net: −$21.36
Costs to cover: 0.244%
Break-even: never at this rate

Slippage from RISEx: live order book, 35 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy RISEx live order book, 35 min ago	1.48 bp	4.5 bp −$4	5.5 bp −$55	doesn't fit	doesn't fit
Sell StandX live order book, 1 min ago	2.40 bp	7.8 bp −$8	13.7 bp −$137	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	−0.0350%	4h	1,044.9	+0.137%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,044.6	+0.100%	$21.2M	$56.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,044.3	+0.079%	$124.0M	$522.9M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,044.4	+0.082%	$18.7M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.3	−0.016%	$30.9M	$99.4M	50x	as long as short
RISEx MU/USDClong	0.0000%	1h	1,043.5	long leg	$337K	$353K	20x
Gate MU_USDT	0.0000%	8h	1,043.2	−0.029%	$61.9M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,044.2	+0.062%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.1	+0.148%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,044.9	+0.135%	$79K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USDshort	0.0000%	1h	1,043.7	+0.022%	$189K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,045.7	+0.205%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,043.2	−0.030%	$73K	$480K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043	−0.045%	$130K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,044.1	+0.057%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,043.3	−0.024%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,043.4	−0.014%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.4	−0.007%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,043.6	+0.010%	$548K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.752%	$19K	$5K	12x	as long as short
Nado MU-PERP	+0.0035%	1h	1,043.3	−0.022%	$280K	$828K	10x	as long as short
Bullet MU-USD	+0.0039%	1h	1,043.3	−0.018%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,043.9	+0.039%	$70K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.9	+0.036%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043.2	−0.030%	$176.6M	$95.3M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043	−0.049%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.2	−0.034%	$685K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.5	−0.005%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.2	−0.027%	$1.9M	$2.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,042.8	−0.067%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043.4	−0.011%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.3	−0.021%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044.5	+0.093%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.2	−0.032%	$829	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.8	+0.119%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,044.2	+0.067%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,044.9	+0.133%	$534K	$271K	15x	as long as short