Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%
Price spread now: ApeX Omni against StandX+0.056%61s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now +0.056%, 7d avg +0.013%
=Together, before fees+0.227%+ Points / potential airdropStandX: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.044% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.013%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,045.3 | 0 | get 0.0000% / 1h | 18m 01s | $189K | $3.3M | 20x |
| Short | ApeX Omni MUUSDT | 1,045.8 | 0.0100 | get 0.0013% / 1h | 18m 01s | $71K | $266K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against StandX. 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
- $21
- Price spread: +0.056% → +0.013%
- $4.39
- Slippage, 4 orders
- −$35.67
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$28.27
- Costs to cover
- 0.537%
- Break-even
- 16.4 days
Slippage from StandX: live order book, 1 min ago; ApeX Omni: live order book, 59 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 StandX live order book, 1 min ago | 2.68 bp | 9.0 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 59 min ago | 7.38 bp | 18.3 bp −$18 | 192.0 bp −$1,920 | 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 | −0.0889% | 4h | 1,045.4 | +0.011% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.9 | +0.064% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,045.3 | long leg | $189K | $3.3M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,047.9 | +0.255% | $12K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.7 | +0.047% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,045.2 | −0.009% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046 | +0.071% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.522% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.3 | +0.099% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.8 | +0.053% | $169K | $193K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,046 | +0.075% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.026% | $2.0M | $2.7M | 10x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,046 | +0.075% | $1.0M | $4.9M | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0072% | 8h | 1,046 | +0.073% | $30.8M | $105.0M | 50x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,046 | +0.073% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | +0.032% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | +0.043% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,045.8 | +0.056% | $71K | $266K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.1 | +0.081% | $832 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0110% | 8h | 1,046.1 | +0.082% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0112% | 1h | 1,046.1 | +0.083% | $25K | $395K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,046.1 | +0.084% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.9 | +0.063% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0159% | 1h | 1,045.6 | +0.037% | $271K | $876K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0161% | 1h | 1,046 | +0.068% | $62K | $279K | 10x | as long as short |
| Aster MUUSD1 | +0.0164% | 8h | 1,046.4 | +0.113% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | +0.042% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,046.1 | +0.084% | $124.4M | $532.6M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0193% | 1h | 1,045.8 | +0.053% | $176.7M | $104.6M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0220% | 8h | 1,045.5 | +0.027% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.032% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0266% | 8h | 1,046.2 | +0.090% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0309% | 8h | 1,046.1 | +0.084% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0376% | 1h | 1,045.3 | +0.005% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | +0.033% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,046 | +0.074% | $71K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.3 | +0.098% | $317K | $339K | 20x | as long as short |
StandX MU-USD
ApeX Omni MUUSDT
edgeX MUUSDC
Gate MU_USDT
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Lighter MU
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Deribit MU_USDC-PERPETUAL
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
RISEx MU/USDC