Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0118%/8h= −12.9% APRnext payment $0.15 per $10,000 · paid last 24h −0.047%
Price spread now: StandX against RISEx−0.085%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.085%−$8 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.085%, 7d avg −0.009%
Together, before fees+0.006%+ Points / potential airdropStandX: Active · farm board+$1 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 RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,039.60.0118pay 0.0015% / 1h42m 41s$299K$351K20x
ShortStandX MU-USD1,038.70get 0.0000% / 1h42m 41s$188K$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against RISEx. 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

Funding earned
−$24.77
Price spread: −0.085% → −0.009%
−$7.58
Slippage, 4 orders
−$8.12
Fee RISEx: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
−$54.47
Costs to cover
0.221%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago0.82 bp3.8 bp −$45.8 bp −$58doesn't fitdoesn't fit
Sell StandX live order book, 4 min ago2.31 bp6.8 bp −$713.9 bp −$139doesn't fitdoesn't fit

MU on 37 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0853%4h1,038.8−0.069%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,039.8+0.027%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,039.8+0.021%$121.7M$555.4M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,039.8+0.018%$29.7M$107.6M50xas long as short
Gate MU_USDT0.0000%8h1,039.6+0.001%$61.4M$28.0M75xas long as short
Bitget MUUSDT0.0000%8h1,039.7+0.017%$19.8M$43.6M50xas long as short
Variational Omni MU0.0000%8h1,039.1−0.048%$2.6M$2.6Mas long as short
StandX MU-USDshort0.0000%1h1,038.7−0.085%$188K$3.7M20x
SunX MU-USDT0.0000%8h1,041.3+0.169%$11K$5.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.8−0.075%$34K$726K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,039.5−0.008%$119K$473K50xas long as short
Lighter RH MU+0.0032%1h1,039.5−0.010%$1.2M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.135%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0035%1h1,039−0.051%$3K$41K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040.2+0.061%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,039.2−0.035%$169K$171K10xas long as short
SoDEX MU-USD+0.0050%1h1,039.1−0.045%$683K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.4−0.208%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0058%1h1,039.1−0.044%$7.0M$19.3M10xas long as short
Bybit MUUSDT+0.0074%8h1,040+0.038%$18.8M$32.3M100xas long as short
Paradex MU-USD-PERP+0.0079%8h1,039.60.000%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,039−0.054%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.2−0.036%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,039.3−0.024%$5.2M$6.1M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.8−0.077%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039.2−0.034%$826$79920xas long as short
RISEx MU/USDClong+0.0118%1h1,039.6long leg$299K$351K20x
BloFin MU-USDT+0.0120%8h1,039.7+0.014%$1.5M$2.6M20xas long as short
Nado MU-PERP+0.0125%1h1,038.8−0.073%$276K$841K10xas long as short
Arcus MU-USD+0.0139%1h1,039.1−0.040%$90K$147K10xas long as short
Lighter MU+0.0176%1h1,039.4−0.017%$1.0M$5.0M20xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,038.5−0.105%$727K$1.2M10xas long as short
Bullet MU-USD+0.0210%1h1,039.6+0.002%$24K$384K10xas long as short
GRVT MU_USDT_Perp+0.0221%8h1,040.4+0.084%$73K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0240%1h1,039.5−0.006%$177.3M$75.7M10xas long as short
Phoenix MU+0.0308%1h1,040.4+0.081%$532K$159K15xas long as short
Extended MU_24_5-USD+0.0336%1h1,038.6−0.089%$551K$1.1M10xas long as short