Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%

Price spread now: Binance against StandX+0.048%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on StandX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 7 days−0.074%−$7 · spread now +0.048%, 7d avg +0.002%

Together, before fees+0.114%+ Points / potential airdropStandX: Active · farm board+$11 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: Binance is 0.046% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,043.1	0	get 0.0000% / 1h	50m 54s	$189K	$3.5M	20x
Short	Binance MUUSDT	1,043.5	0	get 0.0000% / 8h	2h 50m	$123.0M	$526.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against StandX. 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 StandXbpFee BinancebpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.002%: $4.62
Slippage, 4 orders: −$10.53
Fee StandX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.91
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Binance: live order book, 8 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	2.97 bp	8.1 bp −$8	14.5 bp −$145	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.05 bp	6.0 bp −$6	8.0 bp −$80	16.0 bp −$1,597	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	−0.0859%	4h	1,043	−0.002%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,044	+0.087%	$21.2M	$57.2M	20x	as long as short
Binance MUUSDTshort	0.0000%	8h	1,043.5	+0.048%	$123.0M	$526.3M	50x
Bybit MUUSDT	0.0000%	8h	1,043.8	+0.068%	$18.6M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.8	+0.075%	$30.5M	$100.1M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,043.6	+0.057%	$337K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.5	+0.038%	$61.9M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,043.7	+0.064%	$20.5M	$41.2M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.4	+0.035%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,043.5	+0.042%	$83K	$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-USDlong	0.0000%	1h	1,043.1	long leg	$189K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,045.5	+0.235%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,043.6	+0.056%	$73K	$501K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.3	+0.024%	$128K	$440K	50x	as long as short
Nado MU-PERP	+0.0018%	1h	1,043.3	+0.024%	$281K	$821K	10x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,042.2	−0.080%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,043.6	+0.051%	$7.0M	$18.0M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.3	+0.026%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,043.3	+0.024%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.797%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0034%	1h	1,043.6	+0.053%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	−0.034%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,044.2	+0.112%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043.2	+0.014%	$177.3M	$93.5M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.5	+0.043%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.3	+0.025%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043	−0.010%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,043.8	+0.071%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043.2	+0.010%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,043.6	+0.055%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.5	+0.045%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,043.1	+0.009%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.7	+0.058%	$830	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,043.6	+0.053%	$1.5M	$2.0M	20x	as long as short
Lighter MU	+0.0128%	1h	1,043.7	+0.058%	$1.1M	$4.9M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,043.3	+0.026%	$745K	$1.2M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,043	−0.005%	$534K	$270K	15x	as long as short