MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0136%/8h= −14.8% APRnext payment −$0.17 per $10,000 · paid last 24h −0.049%

Price spread now: StandX against tradeXYZ−0.003%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$370.366% of the position

Long on tradeXYZ Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.236%−$24 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.003%, 7d avg +0.074%

Together, before fees−0.182%+ Points / potential airdroptradeXYZ: Active · StandX: Active · farm board−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and StandX is 0.076% cheaper against tradeXYZ than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.074%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MU	1,050	0.0136	pay 0.0017% / 1h	50m 19s	$178.2M	$99.2M	10x
Short	StandX MU-USD	1,050	0	get 0.0000% / 1h	50m 19s	$190K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against tradeXYZ. 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 tradeXYZbpFee StandXbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$28.47
Price spread: −0.003% → +0.074%: −$7.64
Slippage, 4 orders: −$10.55
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee StandX: 4 bp × 2 orders: −$8
Net: −$72.67
Costs to cover: 0.366%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; StandX: 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 tradeXYZ live order book, 10 min ago	0.48 bp	9.8 bp −$10	11.2 bp −$112	16.5 bp −$1,652	doesn't fit
Sell StandX live order book, 4 min ago	2.76 bp	8.2 bp −$8	13.2 bp −$132	doesn't fit	doesn't fit

MU on 36 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	−0.0504%	4h	1,050.4	+0.040%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.8	+0.076%	$333K	$349K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.3	+0.027%	$62.1M	$27.4M	75x	as long as short
StandX MU-USDshort	0.0000%	1h	1,050	−0.003%	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,052	+0.191%	$11K	$5.9M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.1	+0.008%	$129K	$427K	50x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,050.3	+0.030%	$3K	$44K	10x	as long as short
GRVT MU_USDT_Perp	+0.0021%	8h	1,050.7	+0.067%	$79K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0024%	8h	1,050.5	+0.047%	$19.2M	$32.4M	100x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.4	+0.042%	$7.2M	$18.5M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH MU	+0.0032%	1h	1,050.3	+0.027%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.130%	$19K	$5K	12x	as long as short
Extended MU_24_5-USD	+0.0040%	1h	1,049.5	−0.046%	$564K	$1.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.3	+0.028%	$71K	$235K	10x	as long as short
OKX MU-USDT-SWAP	+0.0042%	8h	1,050.5	+0.045%	$31.0M	$100.1M	50x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.2	+0.110%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.1	+0.010%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.2	+0.015%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.7	−0.028%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0060%	8h	1,050.7	+0.066%	$2K	—	5x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0093%	1h	1,050.3	+0.027%	$66K	$355K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.006%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.4	+0.034%	$149K	$187K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.5	+0.046%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.8	+0.076%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.3	+0.032%	$835	$799	20x	as long as short
Aster MUUSD1	+0.0111%	8h	1,050.3	+0.026%	$21.5M	$52.1M	20x	as long as short
Lighter MU	+0.0112%	1h	1,050.5	+0.050%	$1.1M	$4.8M	20x	as long as short
Nado MU-PERP	+0.0112%	1h	1,050.1	+0.006%	$280K	$850K	10x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,050	0.000%	$32K	$1K	10x	as long as short
tradeXYZ xyz:MUlong	+0.0136%	1h	1,050	long leg	$178.2M	$99.2M	10x
Variational Omni MU	+0.0144%	8h	1,050.4	+0.042%	$2.7M	$2.3M	—	as long as short
Bullet MU-USD	+0.0159%	1h	1,050.3	+0.032%	$26K	$397K	10x	as long as short
Binance MUUSDT	+0.0166%	8h	1,050.3	+0.032%	$126.5M	$520.0M	50x	as long as short
Bitget MUUSDT	+0.0170%	8h	1,050.2	+0.019%	$20.6M	$41.2M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.7	+0.067%	$537K	$271K	15x	as long as short