Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.039%
Price spread now: Arcus against StandX−0.148%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 4 days (all we have)+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.148%, 7d avg −0.039%
=Together, before fees+0.360%+ Points / potential airdropStandX: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.109% cheaper against StandX than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.039%). If the spread goes back, that is −$11 on $10k: about 9.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.176% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,029 | 0 | get 0.0000% / 1h | 35m 51s | $186K | $3.6M | 20x |
| Short | Arcus MU-USD | 1,027.5 | 0.0040 | get 0.0005% / 1h | 35m 51s | $89K | $244K | 10x |
StandX MU-USD
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $8.46
- Price spread: −0.148% → −0.039%
- −$10.88
- Slippage, 4 orders
- −$22.74
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$37.66
- Costs to cover
- 0.352%
- Break-even
- 38.2 days
Slippage from StandX: live order book, 3 min ago; Arcus: live order book, 62 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, 3 min ago | 2.33 bp | 6.6 bp −$7 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 62 min ago | 3.13 bp | 11.4 bp −$11 | 13.1 bp −$131 | 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 | −0.0646% | 4h | 1,029.1 | +0.015% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0061% | 8h | 1,028.3 | −0.069% | $19.8M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,028.6 | −0.032% | $21.0M | $68.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,028.1 | −0.083% | $121.1M | $543.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,028.2 | −0.075% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,028 | −0.100% | $29.4M | $101.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,028.1 | −0.083% | $309K | $375K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,027.9 | −0.105% | $61.9M | $28.0M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,028.1 | −0.088% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,029 | −0.002% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USDlong | 0.0000% | 1h | 1,029 | long leg | $186K | $3.6M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,029.1 | +0.007% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,028.3 | −0.067% | $119K | $488K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0026% | 1h | 1,029.1 | +0.009% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,028 | −0.096% | $6.9M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,028 | −0.099% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,027.2 | −0.175% | $540K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.175% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,027.5 | −0.148% | $89K | $244K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,027.8 | −0.117% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,027.2 | −0.173% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,028.2 | −0.075% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,028 | −0.093% | $1.9M | $2.9M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,028 | −0.093% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,028.1 | −0.088% | $982K | $4.9M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0071% | 1h | 1,027.9 | −0.106% | $72K | $629K | 10x | as long as short |
| Nado MU-PERP | +0.0074% | 1h | 1,027.6 | −0.130% | $262K | $811K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,027.9 | −0.105% | $173.9M | $79.5M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,027.7 | −0.124% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0087% | 1h | 1,028 | −0.097% | $25K | $388K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.2 | +0.021% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,027.9 | −0.101% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,027.8 | −0.119% | $5.1M | $4.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,028.5 | −0.043% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,028.3 | −0.064% | $818 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,029.7 | +0.069% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,029.9 | +0.089% | $527K | $270K | 15x | as long as short |
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Deribit MU_USDC-PERPETUAL
Nado MU-PERP
tradeXYZ xyz:MU
Aevo MU-PERP
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU