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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against StandX−0.145%7-day average −0.086% · you buy dearer than you sell
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+0.112%+$11 on $10k
Price spread, last 7 days−0.030%−$3 · spread now −0.145%, 7d avg −0.086%
Together, before fees+0.082%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.059% cheaper against StandX than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.086%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,031.40get 0.0000% / 1h42m 52s$187K$3.6M20x
ShortOndo Perps MU-USD.P1,029.90.0050get 0.0006% / 1h42m 52s$1.9M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.145% → −0.086%
−$5.91
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.33
Costs to cover
0.130%
Break-even
12.5 days
Slippage unknown: StandX: live order book, 1 min ago; Ondo Perps: 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 ago2.42 bp8.2 bp −$814.1 bp −$141doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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−0.0734%4h1,030.8−0.059%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0082%8h1,030.4−0.102%$19.9M$40.2M50xas long as short
Aster MUUSD10.0000%8h1,030.9−0.049%$21.1M$68.7M20xas long as short
Binance MUUSDT0.0000%8h1,030.1−0.129%$121.3M$543.0M50xas long as short
Bybit MUUSDT0.0000%8h1,030.3−0.108%$18.6M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,030−0.144%$29.5M$100.9M50xas long as short
RISEx MU/USDC0.0000%1h1,030.7−0.071%$310K$380K20xas long as short
Gate MU_USDT0.0000%8h1,030.1−0.126%$61.9M$27.8M75xas long as short
Variational Omni MU0.0000%8h1,030.2−0.117%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,031.3−0.011%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDlong0.0000%1h1,031.4long leg$187K$3.6M20x
SunX MU-USDT0.0000%8h1,031.6+0.014%$11K$5.4M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,030.6−0.086%$73K$626K10xas long as short
HTX MU-USDT0.0000%8h1,030.4−0.099%$119K$492K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,030.7−0.067%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,030.8−0.064%$6.9M$18.7M10xas long as short
Lighter RH MU+0.0032%1h1,030.5−0.094%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,029.7−0.170%$543K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.931%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,030−0.137%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,030.4−0.098%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,030−0.140%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,030.5−0.092%$676K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,029.9−0.145%$1.9M$2.9M10x
Paradex MU-USD-PERP+0.0057%8h1,030.8−0.061%$2K5xas long as short
Lighter MU+0.0064%1h1,030.6−0.079%$990K$4.9M20xas long as short
tradeXYZ xyz:MU+0.0065%1h1,030.3−0.111%$174.3M$80.5M10xas long as short
Aevo MU-PERP+0.0080%1h1,030.2−0.121%$32K$1K10xas long as short
Nado MU-PERP+0.0085%1h1,030.1−0.134%$272K$806K10xas long as short
Bullet MU-USD+0.0093%1h1,030.7−0.072%$25K$389K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,030.1−0.128%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,030.5−0.095%$146K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,030.3−0.108%$5.1M$4.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,032+0.055%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,030.6−0.085%$819$79920xas long as short
BloFin MU-USDT+0.0120%8h1,030.8−0.064%$1.5M$2.2M20xas long as short
Phoenix MU+0.0231%1h1,031.9+0.045%$528K$270K15xas long as short