Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRnext payment +$0.15 per $10,000 · paid last 24h +0.058%
Price spread now: Coinbase International against StandX−0.008%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.332% of the position
Funding, last 7 days+0.388%+$39 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.008%, 7d avg −0.021%
=Together, before fees+0.391%+ Points / potential airdropStandX: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,047.2 | 0 | get 0.0000% / 1h | 26m 38s | $189K | $3.4M | 20x |
| Short | Coinbase International MU-PERP-INTX | 1,047.1 | 0.0120 | get 0.0015% / 1h | 26m 38s | $751K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $25.2
- Price spread: −0.008% → −0.021%
- $1.34
- Slippage, 4 orders
- −$15.25
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$6.71
- Costs to cover
- 0.332%
- Break-even
- 8.9 days
Slippage from StandX: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 2.63 bp | 7.9 bp −$8 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 2.43 bp | 7.5 bp −$7 | 10.9 bp −$109 | 65.5 bp −$6,549 | 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 | −0.0080% | 4h | 1,046.5 | −0.063% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,046.1 | −0.099% | $21.3M | $56.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.7 | −0.141% | $124.6M | $521.1M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.9 | −0.122% | $18.8M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.3 | −0.175% | $31.0M | $99.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.7 | −0.141% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | −0.132% | $62.1M | $27.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.8 | −0.125% | $20.5M | $41.5M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,046.8 | −0.038% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,046.9 | −0.028% | $79K | $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 | 1,047.2 | long leg | $189K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,047.2 | +0.006% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,045.7 | −0.140% | $73K | $475K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.9 | −0.116% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,046.3 | −0.085% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,046.6 | −0.050% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.5 | −0.158% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.5 | −0.160% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,045.1 | −0.195% | $549K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.402% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.2 | −0.094% | $71K | $233K | 10x | as long as short |
| Nado MU-PERP | +0.0043% | 1h | 1,046.5 | −0.064% | $281K | $828K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,047.4 | +0.021% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045.3 | −0.177% | $177.0M | $96.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046.2 | −0.091% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,046.1 | −0.099% | $687K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.6 | −0.146% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045.9 | −0.119% | $1.9M | $2.2M | 10x | as long as short |
| Bullet MU-USD | +0.0052% | 1h | 1,046.4 | −0.072% | $25K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,045.7 | −0.141% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | −0.145% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.6 | −0.146% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.6 | −0.057% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.2 | −0.087% | $832 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0120% | 1h | 1,047.1 | −0.008% | $751K | $1.2M | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,046.1 | −0.105% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,046.4 | −0.072% | $535K | $271K | 15x | as long as short |
StandX MU-USD
Coinbase International MU-PERP-INTX
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU