Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.049%
Price spread now: tradeXYZ against StandX−0.068%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.350% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.068%, 7d avg −0.074%
=Together, before fees+0.254%+ Points / potential airdropStandX: Active · tradeXYZ: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,049.1 | 0 | get 0.0000% / 1h | 56m 19s | $190K | $3.3M | 20x |
| Short | tradeXYZ xyz:MU | 1,048.4 | 0.0050 | get 0.0006% / 1h | 56m 19s | $177.9M | $100.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against StandX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
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: −0.068% → −0.074%
- $0.64
- Slippage, 4 orders
- −$8.96
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$23.82
- Costs to cover
- 0.350%
- Break-even
- 22.9 days
Slippage from StandX: live order book, 3 min ago; tradeXYZ: live order book, 4 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, 3 min ago | 3.00 bp | 8.3 bp −$8 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.48 bp | 9.7 bp −$10 | 10.7 bp −$107 | 14.7 bp −$1,472 | 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 | −0.0855% | 4h | 1,050.5 | +0.128% | $1.3M | $670K | 10x | as long as short |
| Nado MU-PERP | −0.0006% | 1h | 1,048.3 | −0.081% | $271K | $859K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.5 | −0.063% | $62.3M | $27.3M | 75x | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,049.1 | long leg | $190K | $3.3M | 20x | |
| Bullet MU-USD | 0.0000% | 1h | 1,048.6 | −0.049% | $26K | $397K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,049.6 | +0.047% | $11K | $6.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.3 | −0.078% | $65K | $315K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.2 | −0.085% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,049.7 | +0.053% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | −0.054% | $1.1M | $4.8M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,048.6 | −0.053% | $1.2M | $4.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,048.3 | −0.074% | $7.5M | $20.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,049.6 | +0.049% | $71K | $242K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.7 | +0.054% | — | $179K | 25x | as long as short |
| tradeXYZ xyz:MUshort | +0.0050% | 1h | 1,048.4 | −0.068% | $177.9M | $100.3M | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | −0.068% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.7 | −0.044% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.1 | −0.004% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0078% | 8h | 1,048.5 | −0.061% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0094% | 8h | 1,048.7 | −0.041% | $30.9M | $101.4M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.8 | −0.031% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.6 | −0.046% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.4 | +0.121% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.9 | −0.024% | $834 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.214% | $19K | $5K | 12x | as long as short |
| Bybit MUUSDT | +0.0113% | 8h | 1,048.9 | −0.017% | $19.3M | $32.7M | 100x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,049.6 | +0.045% | $761K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0144% | 1h | 1,048.3 | −0.075% | $32K | $1K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0168% | 1h | 1,048.2 | −0.084% | $563K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0251% | 8h | 1,048.5 | −0.057% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0262% | 8h | 1,049.1 | +0.002% | $21.6M | $49.1M | 20x | as long as short |
| Binance MUUSDT | +0.0266% | 8h | 1,048.7 | −0.037% | $125.8M | $523.0M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | +0.171% | $538K | $273K | 15x | as long as short |
| Bitget MUUSDT | +0.0386% | 8h | 1,048.8 | −0.034% | $20.5M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0388% | 8h | 1,049.6 | +0.047% | $1.5M | $2.0M | 20x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,048.7 | −0.042% | $315K | $340K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0514% | 8h | 1,050.4 | +0.123% | $83K | $1.3M | 10x | as long as short |
StandX MU-USD
tradeXYZ xyz:MU
edgeX MUUSDC
Gate MU_USDT
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Injective MU/USDC PERP
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Extended MU_24_5-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Phoenix MU
Bitget MUUSDT
BloFin MU-USDT
RISEx MU/USDC
GRVT MU_USDT_Perp