Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0615%/8h= +67.3% APRpaid last 24h −0.015%

Price spread now: StandX against edgeX−0.051%63s7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$260.263% of the position

Long on edgeX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.872%−$87 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.051%, 7d avg +0.035%

Together, before fees−0.753%+ Points / potential airdropedgeX: Active · StandX: Active · farm board−$75 on $10k · with fees, hour by hour

Funding pays, the price is against you. StandX is 0.086% cheaper against edgeX than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.035%). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$18 a day). Mind the row above: over the last 7 days funding on this pair cost −0.872%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MUUSDC	1,042.3	−0.0615	get 0.0307% / 4h	3h 05m	$1.3M	$672K	10x
Short	StandX MU-USD	1,041.8	0	get 0.0000% / 1h	5m 34s	$188K	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against edgeX. 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 edgeXbpFee StandXbpOrdersPrice spread, now −0.051%Rate

Funding earned: $129.07
Price spread: −0.051% → +0.035%: −$8.58
Slippage, 4 orders: −$9.28
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Net: $94.21
Costs to cover: 0.263%
Break-even: 1.9 days

Slippage from edgeX: live order book, 3 min ago; StandX: live order book, 3 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 edgeX live order book, 3 min ago	0.29 bp	4.9 bp −$5	6.9 bp −$69	29.7 bp −$2,965	doesn't fit
Sell StandX live order book, 3 min ago	2.97 bp	8.4 bp −$8	13.8 bp −$138	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 MUUSDClong	−0.0615%	4h	1,042.3	long leg	$1.3M	$672K	10x
Aster MUUSD1	0.0000%	8h	1,043.3	+0.094%	$21.2M	$56.8M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,042.7	+0.032%	$123.2M	$525.3M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,042.8	+0.044%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.7	+0.036%	$30.7M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,042.8	+0.043%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.8	+0.046%	$61.9M	$28.1M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,042.9	+0.055%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.3	+0.092%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.3	−0.005%	$83K	$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	1,041.8	−0.051%	$188K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,045.4	+0.293%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.9	+0.055%	$129K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.9	+0.053%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.8	+0.042%	$281K	$824K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,042.7	+0.032%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,042.8	+0.045%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.6	+0.027%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.2	−0.017%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.865%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0037%	1h	1,043.6	+0.121%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	+0.032%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.3	+0.094%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,042.7	+0.035%	$177.3M	$94.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.3	+0.092%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043	+0.063%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.2	+0.078%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042	−0.030%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043	+0.060%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.8	+0.043%	$147K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.5	+0.013%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.1	−0.021%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.4	+0.102%	$830	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	+0.217%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.5	+0.011%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0201%	1h	1,043.5	+0.111%	$73K	$490K	10x	as long as short
Phoenix MU	+0.0305%	1h	1,042.6	+0.025%	$533K	$271K	15x	as long as short