Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.017%
Price spread now: StandX against SoDEX+0.014%7-day average +0.006% · 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−$41as in the Price arb table
costs, in and out, $10k−$420.417% of the position
Funding, last 4 days (all we have)−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.014%, 7d avg +0.006%
=Together, before fees−0.102%+ Points / potential airdropStandX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,040 | 0.0050 | pay 0.0006% / 1h | 46m 56s | $684K | $14K | 10x |
| Short | StandX MU-USD | 1,040.1 | 0 | get 0.0000% / 1h | 46m 56s | $188K | $3.7M | 20x |
SoDEX MU-USD
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against SoDEX. 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
- −$10.5
- Price spread: +0.014% → +0.006%
- $0.86
- Slippage, 4 orders
- −$25.68
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$51.32
- Costs to cover
- 0.417%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 64 min ago; StandX: live order book, 5 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 SoDEX live order book, 64 min ago | 0.05 bp | 11.8 bp −$12 | 41.5 bp −$415 | doesn't fit | doesn't fit |
| Sell StandX live order book, 5 min ago | 3.27 bp | 8.3 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0524% | 4h | 1,040.2 | +0.029% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.2 | +0.028% | $21.2M | $73.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040 | +0.002% | $121.7M | $555.5M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.9 | −0.002% | $29.7M | $107.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039.9 | −0.003% | $61.4M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,039.6 | −0.031% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | +0.038% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,040.1 | +0.014% | $188K | $3.7M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,041.5 | +0.153% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,039.2 | −0.075% | $34K | $725K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,039.9 | −0.004% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040 | 0.000% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.097% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,039.9 | −0.008% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041 | +0.104% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.5 | −0.043% | $169K | $180K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,040 | long leg | $684K | $14K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.1 | −0.082% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,039.6 | −0.031% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0071% | 8h | 1,040.2 | +0.025% | $18.8M | $32.3M | 100x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039.4 | −0.057% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0081% | 8h | 1,039.8 | −0.017% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.5 | −0.045% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.7 | −0.020% | $5.2M | $6.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.3 | +0.038% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039.9 | −0.005% | $827 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,039.8 | −0.011% | $299K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040 | +0.008% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0125% | 1h | 1,039.5 | −0.044% | $277K | $841K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,039.3 | −0.063% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,039 | −0.093% | $727K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0200% | 1h | 1,040.1 | +0.010% | $1.0M | $5.0M | 20x | as long as short |
| Bullet MU-USD | +0.0213% | 1h | 1,039.9 | −0.005% | $24K | $385K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0232% | 8h | 1,041 | +0.103% | $73K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0245% | 1h | 1,039.9 | −0.005% | $177.4M | $75.7M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.6 | +0.063% | $533K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0344% | 1h | 1,039.3 | −0.060% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bybit MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Coinbase International MU-PERP-INTX
Lighter MU
Bullet MU-USD
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD