Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h −0.021%

Price spread now: StandX against Bitget−0.092%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on Bitget Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$19 on $10k

Price spread, last 7 days+0.085%+$8 · spread now −0.092%, 7d avg −0.009%

Together, before fees−0.110%+ Points / potential airdropStandX: Active · farm board−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. StandX is 0.083% cheaper against Bitget than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.009%). If the spread goes back, that is −$8 on $10k: about 2.9 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MUUSDT	1,036.4	−0.0097	get 0.0097% / 8h	2h 24m	$20.3M	$41.1M	50x
Short	StandX MU-USD	1,035.4	0	get 0.0000% / 1h	24m 29s	$187K	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Bitget. 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 BitgetbpFee StandXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $20.37
Price spread: −0.092% → −0.009%: −$8.31
Slippage, 4 orders: −$19.26
Fee Bitget: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$27.2
Costs to cover: 0.393%
Break-even: 16.3 days

Slippage from Bitget: live order book, 4 min ago; StandX: live order book, 5 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 Bitget live order book, 4 min ago	0.58 bp	8.3 bp −$8	11.9 bp −$119	doesn't fit	doesn't fit
Sell StandX live order book, 5 min ago	6.86 bp	11.1 bp −$11	16.9 bp −$169	doesn't fit	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	−0.0386%	4h	1,034	−0.230%	$1.3M	$671K	10x	as long as short
Bitget MUUSDTlong	−0.0097%	8h	1,036.4	long leg	$20.3M	$41.1M	50x
Aster MUUSD1	0.0000%	8h	1,035.9	−0.048%	$21.0M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,035.9	−0.045%	$121.7M	$532.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,036.1	−0.027%	$18.5M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,036.2	−0.017%	$29.9M	$100.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,035.7	−0.063%	$316K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,035.6	−0.076%	$61.4M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,034.5	−0.184%	$2.6M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037	+0.064%	$75K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USDshort	0.0000%	1h	1,035.4	−0.092%	$187K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,036.9	+0.049%	$11K	$5.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,035.4	−0.090%	$127K	$448K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,035.2	−0.115%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,035.7	−0.069%	$7.0M	$18.1M	10x	as long as short
Nado MU-PERP	+0.0027%	1h	1,035.3	−0.105%	$276K	$819K	10x	as long as short
Bullet MU-USD	+0.0032%	1h	1,035.7	−0.066%	$25K	$389K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,035.4	−0.091%	$1.2M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,035	−0.131%	$538K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.446%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,034.9	−0.140%	$70K	$231K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,035.3	−0.103%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,035.2	−0.113%	$175.9M	$91.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,035.4	−0.094%	$168K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,034.8	−0.150%	$679K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.3	−0.101%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,035.7	−0.063%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,035.4	−0.093%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,035.2	−0.114%	$147K	$189K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,034.9	−0.143%	$5.2M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,034.3	−0.204%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,035	−0.132%	$823	$799	20x	as long as short
Lighter MU	+0.0112%	1h	1,035.3	−0.107%	$1.0M	$4.9M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,035.9	−0.050%	$1.5M	$2.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,035.7	−0.068%	$731K	$1.3M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,035	−0.132%	$529K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0301%	1h	1,035.7	−0.068%	$73K	$515K	10x	as long as short