Funding you earn now, next payment 12:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.036%
Price spread now: StandX against Arcus+0.004%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 4 days (all we have)−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now +0.004%, 7d avg +0.038%
=Together, before fees−0.123%+ Points / potential airdropStandX: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and StandX is 0.035% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,038.6 | 0.0186 | pay 0.0023% / 1h | 55m 00s | $90K | $159K | 10x |
| Short | StandX MU-USD | 1,038.6 | 0 | get 0.0000% / 1h | 55m 00s | $188K | $3.7M | 20x |
Arcus MU-USD
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Arcus. 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
- −$39.16
- Price spread: +0.004% → +0.038%
- −$3.45
- Slippage, 4 orders
- −$17.74
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$72.86
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 51 min ago; StandX: live order book, 2 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 Arcus live order book, 51 min ago | 2.94 bp | 6.3 bp −$6 | 10.0 bp −$100 | doesn't fit | doesn't fit |
| Sell StandX live order book, 2 min ago | 3.27 bp | 7.5 bp −$7 | 13.2 bp −$132 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0543% | 4h | 1,039.5 | +0.084% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.1 | +0.052% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.1 | +0.047% | $122.0M | $554.2M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.1 | +0.046% | $29.8M | $106.7M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.7 | +0.012% | $61.3M | $27.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,038.8 | +0.021% | $19.8M | $43.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | +0.020% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,038.6 | +0.004% | $188K | $3.7M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,040.8 | +0.211% | $11K | $4.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.2 | −0.037% | $32K | $733K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,038.7 | +0.015% | $119K | $473K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.7 | +0.007% | $1.2M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.231% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0037% | 1h | 1,039 | +0.039% | $3K | $41K | 10x | as long as short |
| RISEx MU/USDC | +0.0045% | 1h | 1,039.3 | +0.068% | $298K | $334K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040 | +0.137% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.8 | +0.021% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.7 | +0.007% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.9 | −0.065% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,038.6 | +0.004% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0079% | 8h | 1,038.7 | +0.015% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.4 | −0.013% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0088% | 8h | 1,039.1 | +0.046% | $18.8M | $32.2M | 100x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.5 | −0.011% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.8 | +0.021% | $5.2M | $6.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.4 | +0.075% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.8 | +0.025% | $826 | $799 | 20x | as long as short |
| Lighter MU | +0.0120% | 1h | 1,038.7 | +0.009% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039 | +0.039% | $1.5M | $2.7M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,037.9 | −0.067% | $727K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0140% | 1h | 1,038.5 | −0.006% | $276K | $834K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,039.9 | +0.129% | $72K | $1.4M | 10x | as long as short |
| Arcus MU-USDlong | +0.0186% | 1h | 1,038.6 | long leg | $90K | $159K | 10x | |
| Bullet MU-USD | +0.0235% | 1h | 1,039.1 | +0.050% | $26K | $383K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0245% | 1h | 1,038.7 | +0.012% | $177.6M | $75.1M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0288% | 1h | 1,038.2 | −0.040% | $551K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,041.5 | +0.281% | $533K | $159K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
RISEx MU/USDC
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Nado MU-PERP
GRVT MU_USDT_Perp
Bullet MU-USD
tradeXYZ xyz:MU
Extended MU_24_5-USD
Phoenix MU