Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against StandX−0.030%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on StandX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.025%−$3 · spread now −0.030%, 7d avg −0.028%

Together, before fees+0.003%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,049.2	0	get 0.0000% / 1h	51m 05s	$190K	$3.4M	20x
Short	Gate MU_USDT	1,048.9	0	get 0.0000% / 8h	3h 51m	$62.6M	$27.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → −0.028%: −$0.26
Slippage, 4 orders: −$18.22
Fee StandX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$41.48
Costs to cover: 0.412%
Break-even: never at this rate

Slippage from StandX: live order book, 3 min ago; Gate: live order book, 3 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	2.43 bp	8.5 bp −$9	14.7 bp −$147	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.10 bp	11.1 bp −$11	15.2 bp −$152	32.8 bp −$3,276	57.2 bp −$28.6K

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	−0.0827%	4h	1,049.7	+0.051%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,049.4	+0.023%	$21.4M	$55.4M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,048.6	−0.060%	$31.2M	$99.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,049.4	+0.014%	$339K	$351K	20x	as long as short
Gate MU_USDTshort	0.0000%	8h	1,048.9	−0.030%	$62.6M	$27.6M	75x
Bitget MUUSDT	0.0000%	8h	1,049	−0.016%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,049.1	−0.013%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,049.9	+0.064%	$82K	$1.4M	10x	as long as short
StandX MU-USDlong	0.0000%	1h	1,049.2	long leg	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,049.8	+0.055%	$11K	$5.8M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	1,049	−0.016%	$130K	$430K	50x	as long as short
Bybit MUUSDT	+0.0005%	8h	1,049	−0.017%	$19.0M	$31.9M	100x	as long as short
Binance MUUSDT	+0.0008%	8h	1,048.6	−0.055%	$125.8M	$516.7M	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,049.4	+0.016%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,049	−0.015%	$7.1M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,048.9	−0.025%	$1.1M	$5.0M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,049	−0.019%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,048.3	−0.081%	$563K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.206%	$19K	$5K	12x	as long as short
BloFin MU-USDT	+0.0034%	8h	1,049.6	+0.036%	$1.5M	$2.0M	20x	as long as short
Arcus MU-USD	+0.0040%	1h	1,049.5	+0.026%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050	+0.078%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,048.6	−0.057%	$177.9M	$97.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,048.9	−0.029%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049	−0.022%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.6	−0.058%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,049.2	+0.001%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0065%	1h	1,048.8	−0.042%	$281K	$832K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0074%	1h	1,048.9	−0.028%	$73K	$459K	10x	as long as short
Bullet MU-USD	+0.0077%	1h	1,049.2	+0.002%	$26K	$395K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,048.8	−0.041%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.2	+0.001%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,048.9	−0.025%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.1	+0.083%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049	−0.019%	$834	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.079%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,050.1	+0.086%	$537K	$271K	15x	as long as short