MU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0071%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h −0.003%

Price spread now: QFEX against StandX+0.050%7-day average −0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on StandX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.046%+$5 on $10k

Price spread, last 7 days−0.083%−$8 · spread now +0.050%, 7d avg −0.048%

Together, before fees−0.037%+ Points / potential airdropStandX: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.098% dearer against StandX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,042.7	0	get 0.0000% / 1h	6m 43s	$188K	$3.3M	20x
Short	QFEX MU-USD	1,043.2	0.0071	get 0.0009% / 1h	6m 43s	$7.8M	$24.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $14.85
Price spread: +0.050% → −0.048%: $9.79
Slippage, 4 orders: −$10.35
Fee StandX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$3.7
Costs to cover: 0.283%
Break-even: 8.7 days

Slippage from StandX: live order book, 2 min ago; QFEX: live order book, 12 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, 2 min ago	3.02 bp	8.3 bp −$8	14.7 bp −$147	doesn't fit	doesn't fit
Sell QFEX live order book, 12 min ago	0.38 bp	5.4 bp −$5	5.4 bp −$54	9.6 bp −$957	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	−0.0010%	4h	1,043.5	+0.073%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.4	+0.067%	$62.9M	$29.1M	75x	as long as short
StandX MU-USDlong	0.0000%	1h	1,042.7	long leg	$188K	$3.3M	20x
SunX MU-USDT	0.0000%	8h	1,045.6	+0.275%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.2	+0.050%	$125K	$442K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.3	+0.061%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.768%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0036%	1h	1,043.5	+0.077%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043	+0.033%	—	$194K	25x	as long as short
OKX MU-USDT-SWAP	+0.0049%	8h	1,043.5	+0.075%	$30.9M	$104.8M	50x	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	1,043.2	+0.048%	$165K	$197K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.4	+0.063%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042.7	−0.005%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USDshort	+0.0071%	1h	1,043.2	+0.050%	$7.8M	$24.1M	10x
Pacifica MU	+0.0100%	1h	1,043.5	+0.080%	$154K	$181K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.2	+0.045%	$5.2M	$4.0M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,043.5	+0.075%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.4	+0.062%	$829	$799	20x	as long as short
Aster MUUSD1	+0.0109%	8h	1,043.9	+0.119%	$21.5M	$47.4M	20x	as long as short
Bitget MUUSDT	+0.0114%	8h	1,043.4	+0.064%	$20.5M	$43.0M	50x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,043.3	+0.058%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0145%	8h	1,043.3	+0.062%	$2K	—	5x	as long as short
Variational Omni MU	+0.0150%	8h	1,043.5	+0.072%	$2.6M	$2.6M	—	as long as short
Binance MUUSDT	+0.0173%	8h	1,043.6	+0.085%	$124.7M	$535.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,043.2	+0.051%	$755K	$1.4M	10x	as long as short
Lighter MU	+0.0208%	1h	1,043.5	+0.075%	$1.0M	$4.8M	20x	as long as short
GRVT MU_USDT_Perp	+0.0224%	8h	1,043.8	+0.103%	$77K	$1.4M	10x	as long as short
Nado MU-PERP	+0.0234%	1h	1,042.7	−0.004%	$273K	$872K	10x	as long as short
Bybit MUUSDT	+0.0261%	8h	1,043.8	+0.108%	$19.2M	$32.6M	100x	as long as short
Bullet MU-USD	+0.0282%	1h	1,043.4	+0.067%	$26K	$396K	10x	as long as short
BloFin MU-USDT	+0.0292%	8h	1,043.6	+0.082%	$1.4M	$2.0M	20x	as long as short
tradeXYZ xyz:MU	+0.0326%	1h	1,043.4	+0.067%	$176.2M	$106.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0354%	1h	1,043.3	+0.057%	$62K	$251K	10x	as long as short
Phoenix MU	+0.0383%	1h	1,044	+0.125%	$534K	$306K	15x	as long as short
Arcus MU-USD	+0.0435%	1h	1,043	+0.033%	$73K	$241K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,043.9	+0.114%	$295K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0704%	1h	1,042.4	−0.026%	$547K	$1.1M	10x	as long as short