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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,049.10get 0.0000% / 1h56m 19s$190K$3.3M20x
ShorttradeXYZ xyz:MU1,048.40.0050get 0.0006% / 1h56m 19s$177.9M$100.3M10x

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 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: −0.068% → −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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 3 min ago3.00 bp8.3 bp −$814.7 bp −$147doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.48 bp9.7 bp −$1010.7 bp −$10714.7 bp −$1,472doesn'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−0.0855%4h1,050.5+0.128%$1.3M$670K10xas long as short
Nado MU-PERP−0.0006%1h1,048.3−0.081%$271K$859K10xas long as short
Gate MU_USDT0.0000%8h1,048.5−0.063%$62.3M$27.3M75xas long as short
StandX MU-USDlong0.0000%1h1,049.1long leg$190K$3.3M20x
Bullet MU-USD0.0000%1h1,048.6−0.049%$26K$397K10xas long as short
SunX MU-USDT0.0000%8h1,049.6+0.047%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,048.3−0.078%$65K$315K10xas long as short
HTX MU-USDT0.0000%8h1,048.2−0.085%$129K$425K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,049.7+0.053%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,048.5−0.054%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,048.6−0.053%$1.2M$4.1M10xas long as short
QFEX MU-USD+0.0040%1h1,048.3−0.074%$7.5M$20.9M10xas long as short
Arcus MU-USD+0.0040%1h1,049.6+0.049%$71K$242K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,049.7+0.054%$179K25xas long as short
tradeXYZ xyz:MUshort+0.0050%1h1,048.4−0.068%$177.9M$100.3M10x
Polymarket Perps MU-USD+0.0050%1h1,048.4−0.068%$170K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,048.7−0.044%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.1−0.004%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,048.5−0.061%$2K5xas long as short
OKX MU-USDT-SWAP+0.0094%8h1,048.7−0.041%$30.9M$101.4M50xas long as short
Pacifica MU+0.0100%1h1,048.8−0.031%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.6−0.046%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.4+0.121%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,048.9−0.024%$834$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.214%$19K$5K12xas long as short
Bybit MUUSDT+0.0113%8h1,048.9−0.017%$19.3M$32.7M100xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,049.6+0.045%$761K$1.2M10xas long as short
Aevo MU-PERP+0.0144%1h1,048.3−0.075%$32K$1K10xas long as short
Extended MU_24_5-USD+0.0168%1h1,048.2−0.084%$563K$1.2M10xas long as short
Variational Omni MU+0.0251%8h1,048.5−0.057%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0262%8h1,049.1+0.002%$21.6M$49.1M20xas long as short
Binance MUUSDT+0.0266%8h1,048.7−0.037%$125.8M$523.0M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.171%$538K$273K15xas long as short
Bitget MUUSDT+0.0386%8h1,048.8−0.034%$20.5M$41.6M50xas long as short
BloFin MU-USDT+0.0388%8h1,049.6+0.047%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,048.7−0.042%$315K$340K20xas long as short
GRVT MU_USDT_Perp+0.0514%8h1,050.4+0.123%$83K$1.3M10xas long as short