MU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.030%

Price spread now: StandX against Pacifica−0.021%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Pacifica Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 4 days (all we have)−0.236%−$24 · spread now −0.021%, 7d avg +0.033%

Together, before fees−0.428%+ Points / potential airdropPacifica: Active · StandX: Active · farm board−$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and StandX is 0.053% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MU	1,051.9	0.0100	pay 0.0013% / 1h	36m 59s	$148K	$185K	10x
Short	StandX MU-USD	1,051.7	0	get 0.0000% / 1h	36m 59s	$190K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against Pacifica. 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 PacificabpFee StandXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$21
Price spread: −0.021% → +0.033%: −$5.34
Slippage, 4 orders: −$15.88
Fee Pacifica: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$58.22
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from Pacifica: live order book, 21 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 Pacifica live order book, 21 min ago	2.19 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	3.04 bp	8.0 bp −$8	14.3 bp −$143	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	−0.0053%	4h	1,052.1	+0.020%	$1.3M	$671K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,052.2	+0.029%	$31.2M	$99.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.037%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052.1	+0.018%	$62.3M	$27.4M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.6	+0.060%	$82K	$1.3M	10x	as long as short
StandX MU-USDshort	0.0000%	1h	1,051.7	−0.021%	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,053.9	+0.187%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052.3	+0.034%	$131K	$436K	50x	as long as short
Aster MUUSD1	+0.0004%	8h	1,052.1	+0.015%	$21.4M	$55.0M	20x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,052.3	+0.031%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MUUSDT	+0.0022%	8h	1,052.5	+0.057%	$19.1M	$32.3M	100x	as long as short
Lighter RH MU	+0.0032%	1h	1,052.1	+0.015%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,051.7	−0.023%	$564K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.054%	$19K	$5K	12x	as long as short
QFEX MU-USD	+0.0034%	1h	1,052	+0.005%	$7.2M	$17.9M	10x	as long as short
Variational Omni MU	+0.0036%	8h	1,052.5	+0.052%	$2.7M	$2.4M	—	as long as short
Bullet MU-USD	+0.0038%	1h	1,052.2	+0.024%	$25K	$398K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,052	+0.005%	$71K	$234K	10x	as long as short
Nado MU-PERP	+0.0043%	1h	1,051.6	−0.027%	$282K	$842K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.1	+0.106%	—	$176K	25x	as long as short
Lighter MU	+0.0048%	1h	1,052.1	+0.019%	$1.1M	$5.1M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,051.8	−0.012%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052.1	+0.011%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.6	−0.036%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,052.3	+0.034%	$2K	—	5x	as long as short
Binance MUUSDT	+0.0068%	8h	1,052.3	+0.035%	$126.8M	$517.1M	50x	as long as short
tradeXYZ xyz:MU	+0.0077%	1h	1,052	+0.007%	$178.8M	$99.0M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,052.1	+0.019%	$758K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0096%	1h	1,051.8	−0.015%	$32K	$1K	10x	as long as short
Pacifica MUlong	+0.0100%	1h	1,051.9	long leg	$148K	$185K	10x
KuCoin MUUSDTM	+0.0100%	8h	1,051.9	−0.007%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,052.3	+0.039%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.1	+0.014%	$836	$799	20x	as long as short
Bitget MUUSDT	+0.0116%	8h	1,052.3	+0.035%	$20.6M	$41.1M	50x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0149%	1h	1,052	+0.004%	$69K	$419K	10x	as long as short
BloFin MU-USDT	+0.0188%	8h	1,052.3	+0.034%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0304%	1h	1,052.6	+0.064%	$538K	$271K	15x	as long as short