MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.039%

Price spread now: Arcus against StandX−0.008%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.345% of the position

Long on StandX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now −0.008%, 7d avg −0.042%

Together, before fees−0.049%+ Points / potential airdropStandX: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.035% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,050.1	0	get 0.0000% / 1h	48m 25s	$190K	$3.4M	20x
Short	Arcus MU-USD	1,050	0.0040	get 0.0005% / 1h	48m 25s	$71K	$235K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against StandX. 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 StandXbpFee ArcusbpOrdersPrice spread, now −0.008%Rate

Funding earned: $8.46
Price spread: −0.008% → −0.042%: $3.45
Slippage, 4 orders: −$22.01
Fee StandX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$22.6
Costs to cover: 0.345%
Break-even: 25.7 days

Slippage from StandX: live order book, 1 min ago; Arcus: live order book, 15 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 StandX live order book, 1 min ago	2.43 bp	7.5 bp −$8	14.3 bp −$143	doesn't fit	doesn't fit
Sell Arcus live order book, 15 min ago	3.76 bp	10.1 bp −$10	13.7 bp −$137	doesn't fit	doesn't fit

MU on 36 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	−0.0504%	4h	1,050.4	+0.029%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050	−0.009%	$333K	$349K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.8	−0.031%	$62.0M	$27.4M	75x	as long as short
StandX MU-USDlong	0.0000%	1h	1,050.1	long leg	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,051.5	+0.130%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.6	−0.049%	$66K	$356K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.7	−0.040%	$129K	$427K	50x	as long as short
Bybit MUUSDT	+0.0017%	8h	1,050.1	−0.003%	$19.1M	$32.4M	100x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,049.9	−0.022%	$3K	$44K	10x	as long as short
GRVT MU_USDT_Perp	+0.0024%	8h	1,050.8	+0.063%	$79K	$1.3M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MU-USD	+0.0030%	1h	1,049.6	−0.050%	$7.3M	$18.4M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.5	−0.060%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.118%	$19K	$5K	12x	as long as short
Extended MU_24_5-USD	+0.0040%	1h	1,049.4	−0.068%	$564K	$1.1M	10x	as long as short
Arcus MU-USDshort	+0.0040%	1h	1,050	−0.008%	$71K	$235K	10x
OKX MU-USDT-SWAP	+0.0041%	8h	1,049.8	−0.027%	$31.0M	$100.0M	50x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.7	+0.050%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.6	−0.050%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.9	−0.018%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.9	−0.112%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0059%	8h	1,049.9	−0.025%	$2K	—	5x	as long as short
Lighter MU	+0.0088%	1h	1,049.5	−0.061%	$1.1M	$4.8M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.017%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.8	−0.032%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.9	−0.024%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.8	+0.065%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050	−0.010%	$835	$799	20x	as long as short
Nado MU-PERP	+0.0104%	1h	1,049.7	−0.044%	$280K	$849K	10x	as long as short
Aster MUUSD1	+0.0108%	8h	1,050.2	+0.004%	$21.4M	$52.1M	20x	as long as short
tradeXYZ xyz:MU	+0.0117%	1h	1,049.6	−0.050%	$178.2M	$99.2M	10x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,049.6	−0.051%	$32K	$1K	10x	as long as short
Variational Omni MU	+0.0144%	8h	1,050.4	+0.030%	$2.7M	$2.3M	—	as long as short
Bullet MU-USD	+0.0145%	1h	1,050.1	−0.006%	$26K	$397K	10x	as long as short
Binance MUUSDT	+0.0163%	8h	1,049.9	−0.018%	$126.5M	$520.0M	50x	as long as short
Bitget MUUSDT	+0.0165%	8h	1,050	−0.014%	$20.6M	$41.2M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.2	+0.008%	$537K	$271K	15x	as long as short