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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: SunX against StandX+0.311%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$750.751% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.311%, 7d avg +0.157%
Together, before fees−0.188%+ Points / potential airdropStandX: Active · farm board−$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.154% dearer against StandX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.157%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,042.70get 0.0000% / 1h5m 13s$188K$3.3M20x
ShortSunX MU-USDT1,045.90get 0.0000% / 8h1h 05m$11K$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: +0.311% → +0.157%
$15.41
Slippage, 4 orders
−$59.12
Fee StandX: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$59.71
Costs to cover
0.751%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; SunX: live order book, 4 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 ago3.02 bp8.3 bp −$814.7 bp −$147doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago21.59 bp32.8 bp −$33doesn't fitdoesn't fitdoesn'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−0.0371%4h1,043.4+0.066%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,043.6+0.090%$62.9M$29.1M75xas long as short
StandX MU-USDlong0.0000%1h1,042.7long leg$188K$3.3M20x
SunX MU-USDTshort0.0000%8h1,045.9+0.311%$11K$6.6M10x
HTX MU-USDT0.0000%8h1,043.5+0.073%$125K$442K50xas long as short
Lighter RH MU+0.0032%1h1,043.4+0.071%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.769%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0036%1h1,043.5+0.076%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.1+0.041%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.3+0.059%$165K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MU-USD.P+0.0050%1h1,042.7+0.003%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0050%8h1,043.7+0.098%$30.9M$104.9M50xas long as short
SoDEX MU-USD+0.0051%1h1,043.7+0.092%$685K$16K10xas long as short
QFEX MU-USD+0.0071%1h1,043.6+0.084%$7.8M$24.1M10xas long as short
Pacifica MU+0.0100%1h1,043.8+0.103%$154K$181K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.4+0.063%$5.2M$4.0M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043+0.025%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.8+0.103%$830$79920xas long as short
Aster MUUSD1+0.0112%8h1,044.1+0.137%$21.5M$47.4M20xas long as short
Bitget MUUSDT+0.0115%8h1,043.7+0.099%$20.5M$43.0M50xas long as short
Aevo MU-PERP+0.0128%1h1,043.5+0.078%$33K10xas long as short
Paradex MU-USD-PERP+0.0146%8h1,043.5+0.075%$2K5xas long as short
Variational Omni MU+0.0159%8h1,043.5+0.075%$2.6M$2.6Mas long as short
Binance MUUSDT+0.0175%8h1,043.9+0.111%$124.7M$535.1M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,043.2+0.052%$755K$1.4M10xas long as short
Lighter MU+0.0208%1h1,043.6+0.084%$1.0M$4.8M20xas long as short
GRVT MU_USDT_Perp+0.0224%8h1,043.8+0.104%$77K$1.4M10xas long as short
Nado MU-PERP+0.0235%1h1,042.7+0.004%$273K$872K10xas long as short
Bybit MUUSDT+0.0262%8h1,043.9+0.119%$19.2M$32.6M100xas long as short
Bullet MU-USD+0.0281%1h1,043.7+0.100%$25K$396K10xas long as short
BloFin MU-USDT+0.0295%8h1,043.9+0.118%$1.4M$2.0M20xas long as short
tradeXYZ xyz:MU+0.0327%1h1,043.5+0.078%$176.2M$106.5M10xas long as short
Phoenix MU+0.0383%1h1,044+0.126%$534K$306K15xas long as short
Arcus MU-USD+0.0435%1h1,043.1+0.043%$73K$241K10xas long as short
RISEx MU/USDC+0.0499%1h1,044+0.121%$295K$339K20xas long as short
Deribit MU_USDC-PERPETUAL+0.0565%1h1,043.4+0.068%$62K$252K10xas long as short
Extended MU_24_5-USD+0.0704%1h1,042.5−0.017%$547K$1.1M10xas long as short