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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against StandX+0.200%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.200% dearer against StandX than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,049.30get 0.0000% / 1h42m 43s$190K$3.4M20x
ShortInjective MU/USDC PERP1,051.40.0107get 0.0013% / 1h42m 43s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$22.46
Price spread: +0.200% → 0.000%
$20.01
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$34.45
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: StandX: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.

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, 1 min ago2.67 bp7.0 bp −$713.5 bp −$135doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0702%4h1,049.5+0.019%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,048.7−0.055%$62.2M$27.5M75xas long as short
StandX MU-USDlong0.0000%1h1,049.3long leg$190K$3.4M20x
Bullet MU-USD0.0000%1h1,049.2−0.010%$25K$396K10xas long as short
SunX MU-USDT0.0000%8h1,050.3+0.103%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,048.6−0.064%$65K$324K10xas long as short
HTX MU-USDT0.0000%8h1,048.7−0.051%$129K$429K50xas long as short
Nado MU-PERP0.0000%1h1,049.2−0.010%$273K$858K10xas long as short
Aftermath Perps MUUSD+0.0022%1h1,049.3+0.001%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,048.6−0.066%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,048.6−0.063%$1.1M$4.1M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,048.3−0.096%$563K$1.2M10xas long as short
Bybit MUUSDT+0.0034%8h1,049−0.025%$19.3M$32.6M100xas long as short
QFEX MU-USD+0.0040%1h1,049.1−0.012%$7.5M$20.3M10xas long as short
Arcus MU-USD+0.0040%1h1,049.4+0.013%$71K$242K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.1+0.079%$178K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,048.9−0.034%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,048.9−0.039%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,048.8−0.047%$1.9M$2.4M10xas long as short
tradeXYZ xyz:MU+0.0064%1h1,048.6−0.063%$178.1M$100.1M10xas long as short
Paradex MU-USD-PERP+0.0071%8h1,048.6−0.064%$2K5xas long as short
OKX MU-USDT-SWAP+0.0078%8h1,048.8−0.043%$30.8M$100.6M50xas long as short
Pacifica MU+0.0100%1h1,048.6−0.067%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.7−0.050%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,049.8+0.051%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049−0.030%$834$79920xas long as short
Injective MU/USDC PERPshort+0.0107%1h1,051.4+0.200%$19K$5K12x
Coinbase International MU-PERP-INTX+0.0128%1h1,050.3+0.096%$761K$1.2M10xas long as short
Aevo MU-PERP+0.0144%1h1,048.7−0.056%$32K$1K10xas long as short
Aster MUUSD1+0.0223%8h1,049−0.027%$21.6M$49.3M20xas long as short
Variational Omni MU+0.0230%8h1,049.6+0.032%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp+0.0233%8h1,049.7+0.046%$81K$1.3M10xas long as short
Binance MUUSDT+0.0234%8h1,048.7−0.052%$126.3M$523.9M50xas long as short
Phoenix MU+0.0304%1h1,050+0.071%$537K$273K15xas long as short
Bitget MUUSDT+0.0326%8h1,049−0.025%$20.3M$41.8M50xas long as short
BloFin MU-USDT+0.0368%8h1,049.8+0.052%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,049.5+0.019%$334K$348K20xas long as short