Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,047.20get 0.0000% / 1h26m 38s$189K$3.4M20x
ShortCoinbase International MU-PERP-INTX1,047.10.0120get 0.0015% / 1h26m 38s$751K$1.2M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 2 min ago2.63 bp7.9 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago2.43 bp7.5 bp −$710.9 bp −$10965.5 bp −$6,549doesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0080%4h1,046.5−0.063%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,046.1−0.099%$21.3M$56.5M20xas long as short
Binance MUUSDT0.0000%8h1,045.7−0.141%$124.6M$521.1M50xas long as short
Bybit MUUSDT0.0000%8h1,045.9−0.122%$18.8M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,045.3−0.175%$31.0M$99.4M50xas long as short
RISEx MU/USDC0.0000%1h1,045.7−0.141%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.132%$62.1M$27.8M75xas long as short
Bitget MUUSDT0.0000%8h1,045.8−0.125%$20.5M$41.5M50xas long as short
Variational Omni MU0.0000%8h1,046.8−0.038%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,046.9−0.028%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDlong0.0000%1h1,047.2long leg$189K$3.4M20x
SunX MU-USDT0.0000%8h1,047.2+0.006%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.7−0.140%$73K$475K10xas long as short
HTX MU-USDT0.0000%8h1,045.9−0.116%$130K$432K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,046.3−0.085%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,046.6−0.050%$7.1M$17.8M10xas long as short
Lighter MU+0.0032%1h1,045.5−0.158%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.5−0.160%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,045.1−0.195%$549K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.402%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,046.2−0.094%$71K$233K10xas long as short
Nado MU-PERP+0.0043%1h1,046.5−0.064%$281K$828K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,047.4+0.021%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,045.3−0.177%$177.0M$96.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,046.2−0.091%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,046.1−0.099%$687K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,045.6−0.146%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045.9−0.119%$1.9M$2.2M10xas long as short
Bullet MU-USD+0.0052%1h1,046.4−0.072%$25K$394K10xas long as short
Aevo MU-PERP+0.0080%1h1,045.7−0.141%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.6−0.145%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.146%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,046.6−0.057%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046.2−0.087%$832$79920xas long as short
Coinbase International MU-PERP-INTXshort+0.0120%1h1,047.1−0.008%$751K$1.2M10x
BloFin MU-USDT+0.0120%8h1,046.1−0.105%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,046.4−0.072%$535K$271K15xas long as short