MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against StandX−0.025%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on StandX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)−0.208%−$21 · spread now −0.025%, 7d avg −0.045%

Together, before fees−0.001%+ Points / potential airdropStandX: Active · Extended: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.020% dearer against StandX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.207% in total (about 10.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,045.3	0	get 0.0000% / 1h	22m 48s	$189K	$3.3M	20x
Short	Extended MU_24_5-USD	1,045	0.0408	get 0.0051% / 1h	22m 48s	$541K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: $85.68
Price spread: −0.025% → −0.045%: $2.04
Slippage, 4 orders: −$9.97
Fee StandX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $64.75
Costs to cover: 0.230%
Break-even: 1.7 days

Slippage from StandX: live order book, 1 min ago; Extended: live order book, just now.

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, 1 min ago	2.77 bp	8.7 bp −$9	15.5 bp −$155	doesn't fit	doesn't fit
Sell Extended live order book, just now	0.05 bp	3.7 bp −$4	11.9 bp −$119	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	−0.0561%	4h	1,045.3	+0.006%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.4	+0.010%	$63.0M	$29.1M	75x	as long as short
StandX MU-USDlong	0.0000%	1h	1,045.3	long leg	$189K	$3.3M	20x
SunX MU-USDT	0.0000%	8h	1,047.1	+0.178%	$11K	$6.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.2	−0.003%	$62K	$274K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.3	+0.001%	$129K	$455K	50x	as long as short
Aftermath Perps MUUSD	+0.0030%	1h	1,045	−0.023%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.4	+0.012%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.520%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,045.7	+0.037%	—	$194K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,045.2	−0.007%	$169K	$189K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.3	−0.002%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.6	−0.067%	$2.0M	$2.7M	10x	as long as short
OKX MU-USDT-SWAP	+0.0073%	8h	1,045.7	+0.044%	$30.8M	$105.0M	50x	as long as short
Lighter MU	+0.0080%	1h	1,045.4	+0.013%	$1.0M	$4.9M	20x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.5	+0.020%	$7.8M	$23.9M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.5	+0.019%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.2	−0.011%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.9	+0.058%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.3	+0.005%	$831	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0115%	8h	1,045.5	+0.020%	$2K	—	5x	as long as short
Bitget MUUSDT	+0.0120%	8h	1,045.4	+0.010%	$20.4M	$43.5M	50x	as long as short
Bullet MU-USD	+0.0121%	1h	1,045.4	+0.012%	$25K	$394K	10x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,045.2	−0.006%	$33K	—	10x	as long as short
Aster MUUSD1	+0.0161%	8h	1,045.9	+0.057%	$21.5M	$47.3M	20x	as long as short
Nado MU-PERP	+0.0167%	1h	1,045.2	−0.007%	$271K	$875K	10x	as long as short
Variational Omni MU	+0.0183%	8h	1,045.3	0.000%	$2.7M	$2.5M	—	as long as short
Binance MUUSDT	+0.0189%	8h	1,045.5	+0.020%	$124.3M	$533.1M	50x	as long as short
tradeXYZ xyz:MU	+0.0203%	1h	1,045.2	−0.007%	$176.6M	$104.5M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.033%	$757K	$1.3M	10x	as long as short
GRVT MU_USDT_Perp	+0.0226%	8h	1,045.3	−0.001%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0267%	8h	1,045.7	+0.037%	$19.2M	$32.4M	100x	as long as short
BloFin MU-USDT	+0.0310%	8h	1,045.5	+0.018%	$1.5M	$2.0M	20x	as long as short
Extended MU_24_5-USDshort	+0.0408%	1h	1,045	−0.025%	$541K	$1.1M	10x
Phoenix MU	+0.0460%	1h	1,046.1	+0.079%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.1	−0.017%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,045.8	+0.047%	$316K	$339K	20x	as long as short