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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Polymarket Perps against StandX−0.049%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$310.309% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.131%+$13 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.049%, 7d avg −0.030%
Together, before fees+0.181%+ Points / potential airdropStandX: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,045.60get 0.0000% / 1h25m 00s$189K$3.4M20x
ShortPolymarket Perps MU-USD1,045.10.0050get 0.0006% / 1h25m 00s$170K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$10.5
Price spread: −0.049% → −0.030%
−$1.84
Slippage, 4 orders
−$14.95
Fee StandX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$22.29
Costs to cover
0.309%
Break-even
21.9 days
Slippage from StandX: live order book, 4 min ago; Polymarket Perps: live order book, 27 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, 4 min ago2.63 bp7.9 bp −$814.6 bp −$146doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 27 min ago2.86 bp7.1 bp −$78.0 bp −$809.8 bp −$976doesn'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−0.0396%4h1,046.6+0.092%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,045.8+0.022%$21.3M$56.5M20xas long as short
Binance MUUSDT0.0000%8h1,045.3−0.034%$124.4M$521.2M50xas long as short
Bybit MUUSDT0.0000%8h1,045.2−0.036%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,044.8−0.076%$31.0M$99.3M50xas long as short
RISEx MU/USDC0.0000%1h1,045.6−0.005%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,045.2−0.039%$62.1M$27.8M75xas long as short
Bitget MUUSDT0.0000%8h1,045.5−0.012%$20.5M$41.5M50xas long as short
Variational Omni MU0.0000%8h1,045.4−0.016%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,046.9+0.119%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDlong0.0000%1h1,045.6long leg$189K$3.4M20x
SunX MU-USDT0.0000%8h1,045.9+0.023%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.1−0.050%$73K$475K10xas long as short
HTX MU-USDT0.0000%8h1,045.1−0.052%$130K$432K50xas long as short
Aftermath Perps MUUSD+0.0022%1h1,045.7+0.010%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,045.2−0.036%$7.0M$17.9M10xas long as short
Lighter MU+0.0032%1h1,045.4−0.023%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,045.3−0.030%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,044.8−0.074%$549K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.550%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,045.9+0.023%$71K$233K10xas long as short
Nado MU-PERP+0.0041%1h1,045.1−0.051%$281K$828K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1+0.044%$176K25xas long as short
Bullet MU-USD+0.0048%1h1,045.4−0.019%$25K$394K10xas long as short
tradeXYZ xyz:MU+0.0050%1h1,045−0.058%$176.9M$96.6M10xas long as short
Polymarket Perps MU-USDshort+0.0050%1h1,045.1−0.049%$170K$203K10x
SoDEX MU-USD+0.0050%1h1,045.3−0.034%$686K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,045.4−0.018%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,045.9+0.028%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,044.9−0.068%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,045.4−0.020%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.4−0.019%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8+0.019%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.5−0.010%$831$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,045.6−0.006%$752K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,045.5−0.014%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,045.9+0.028%$535K$271K15xas long as short