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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: StandX against SunX−0.188%48s7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$740.743% 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)+0.068%+$7 · spread now −0.188%, 7d avg −0.159%
Together, before fees+0.043%+ Points / potential airdropStandX: Active · farm board+$4 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: StandX is 0.029% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.159%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MU-USDT1,047.20get 0.0000% / 8h23m 25s$11K$6.5M10x
ShortStandX MU-USD1,045.30get 0.0000% / 1h23m 25s$189K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against SunX. 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: −0.188% → −0.159%
−$2.93
Slippage, 4 orders
−$58.33
Fee SunX: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$77.26
Costs to cover
0.743%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; StandX: live order book, 1 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 SunX live order book, 5 min ago21.56 bp25.6 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell StandX live order book, 1 min ago2.77 bp7.1 bp −$712.6 bp −$126doesn'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−0.0561%4h1,045.3−0.182%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.3−0.181%$63.0M$29.1M75xas long as short
StandX MU-USDshort0.0000%1h1,045.3−0.188%$189K$3.3M20x
SunX MU-USDTlong0.0000%8h1,047.2long leg$11K$6.5M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,045.3−0.189%$62K$273K10xas long as short
HTX MU-USDT0.0000%8h1,045.3−0.190%$129K$455K50xas long as short
Aftermath Perps MUUSD+0.0030%1h1,045−0.211%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,045.5−0.166%$1.2M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.331%$14K$30212xas long as short
Vest MU-USD-PERP+0.0046%1h1,045.7−0.151%$194K25xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps MU-USD+0.0050%1h1,045.2−0.195%$169K$189K10xas long as short
SoDEX MU-USD+0.0050%1h1,045.4−0.180%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.6−0.255%$2.0M$2.7M10xas long as short
OKX MU-USDT-SWAP+0.0073%8h1,045.4−0.172%$30.8M$105.0M50xas long as short
QFEX MU-USD+0.0080%1h1,045.5−0.168%$7.8M$23.9M10xas long as short
Lighter MU+0.0088%1h1,045.4−0.177%$1.0M$4.9M20xas long as short
Pacifica MU+0.0100%1h1,045.5−0.163%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.2−0.192%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.9−0.130%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,045.3−0.183%$831$79920xas long as short
Paradex MU-USD-PERP+0.0116%8h1,045.4−0.178%$2K5xas long as short
Bitget MUUSDT+0.0120%8h1,045.5−0.171%$20.4M$43.5M50xas long as short
Bullet MU-USD+0.0121%1h1,045.4−0.176%$25K$394K10xas long as short
Aevo MU-PERP+0.0128%1h1,045.4−0.175%$33K10xas long as short
Aster MUUSD1+0.0161%8h1,045.9−0.131%$21.5M$47.3M20xas long as short
Nado MU-PERP+0.0167%1h1,045.2−0.195%$271K$875K10xas long as short
Variational Omni MU+0.0183%8h1,045.3−0.188%$2.7M$2.5Mas long as short
Binance MUUSDT+0.0190%8h1,045.5−0.170%$124.3M$533.1M50xas long as short
tradeXYZ xyz:MU+0.0206%1h1,045.2−0.195%$176.6M$104.5M10xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.1−0.205%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0226%8h1,045.3−0.189%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0268%8h1,045.5−0.163%$19.2M$32.4M100xas long as short
BloFin MU-USDT+0.0312%8h1,045.5−0.162%$1.5M$2.0M20xas long as short
Extended MU_24_5-USD+0.0424%1h1,045−0.213%$541K$1.1M10xas long as short
Phoenix MU+0.0460%1h1,046.1−0.109%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.1−0.205%$70K$244K10xas long as short
RISEx MU/USDC+0.0525%1h1,045.8−0.141%$316K$339K20xas long as short