Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.021%

Price spread now: Bitget against StandX+0.058%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on StandX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.195%+$19 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.058%, 7d avg +0.009%

Together, before fees+0.155%+ Points / potential airdropStandX: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.049% dearer against StandX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,051.8	0	get 0.0000% / 1h	44m 00s	$190K	$3.4M	20x
Short	Bitget MUUSDT	1,052.4	0.0124	get 0.0124% / 8h	4h 44m	$20.6M	$41.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.058%Rate

Funding earned: $26.04
Price spread: +0.058% → +0.009%: $4.89
Slippage, 4 orders: −$13.3
Fee StandX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$2.37
Costs to cover: 0.333%
Break-even: 7.6 days

Slippage from StandX: live order book, 5 min ago; Bitget: 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 StandX live order book, 5 min ago	2.71 bp	9.2 bp −$9	14.9 bp −$149	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.71 bp	7.9 bp −$8	9.7 bp −$97	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	−0.0978%	4h	1,051.8	−0.004%	$1.3M	$673K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,052.4	+0.055%	$31.2M	$99.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.042%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052.3	+0.044%	$62.3M	$27.4M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,051.9	+0.011%	$78K	$1.3M	10x	as long as short
StandX MU-USDlong	0.0000%	1h	1,051.8	long leg	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,053.8	+0.192%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,051.9	+0.008%	$69K	$413K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.4	−0.044%	$131K	$436K	50x	as long as short
Aster MUUSD1	+0.0010%	8h	1,052.2	+0.033%	$21.4M	$55.0M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MUUSDT	+0.0014%	8h	1,052.5	+0.061%	$19.2M	$32.3M	100x	as long as short
Aftermath Perps MUUSD	+0.0017%	1h	1,051.9	+0.003%	$3K	$45K	10x	as long as short
Bullet MU-USD	+0.0026%	1h	1,052.2	+0.035%	$25K	$398K	10x	as long as short
Lighter MU	+0.0032%	1h	1,052.2	+0.038%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,052.2	+0.037%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,051.7	−0.012%	$564K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.044%	$19K	$5K	12x	as long as short
Nado MU-PERP	+0.0034%	1h	1,051.7	−0.010%	$282K	$843K	10x	as long as short
QFEX MU-USD	+0.0034%	1h	1,051.8	−0.001%	$7.2M	$18.0M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,051.7	−0.015%	$71K	$234K	10x	as long as short
Variational Omni MU	+0.0042%	8h	1,051.8	+0.001%	$2.7M	$2.4M	—	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.1	+0.123%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,051.8	−0.002%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052.1	+0.028%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051	−0.075%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0053%	8h	1,052	+0.021%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0069%	1h	1,052.1	+0.027%	$178.9M	$99.1M	10x	as long as short
Binance MUUSDT	+0.0075%	8h	1,052.4	+0.059%	$126.8M	$517.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,051.9	+0.011%	$758K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,052.1	+0.025%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,052	+0.018%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,052.3	+0.048%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.1	+0.022%	$836	$799	20x	as long as short
Aevo MU-PERP	+0.0104%	1h	1,051.7	−0.009%	$32K	$1K	10x	as long as short
Bitget MUUSDTshort	+0.0124%	8h	1,052.4	+0.058%	$20.6M	$41.1M	50x
BloFin MU-USDT	+0.0198%	8h	1,052	+0.019%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0304%	1h	1,052.3	+0.046%	$538K	$271K	15x	as long as short