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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: Bybit against StandX+0.050%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.050%, 7d avg 0.000%
Together, before fees+0.077%+ Points / potential airdropStandX: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.051% dearer against StandX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,049.60get 0.0000% / 1h15m 00s$190K$3.4M20x
ShortBybit MUUSDT1,050.20get 0.0000% / 8h6h 15m$19.2M$32.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.050% → 0.000%
$5.07
Slippage, 4 orders
−$13.32
Fee StandX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$27.26
Costs to cover
0.323%
Break-even
never at this rate
Slippage from StandX: live order book, 4 min ago; Bybit: 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 StandX live order book, 4 min ago2.67 bp8.2 bp −$813.6 bp −$136doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.33 bp8.8 bp −$911.8 bp −$11831.0 bp −$3,096doesn't fit

MU on 36 venues

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−0.0876%4h1,049.5−0.014%$1.3M$672K10xas long as short
Nado MU-PERP−0.0005%1h1,049.6−0.003%$277K$854K10xas long as short
Bybit MUUSDTshort0.0000%8h1,050.2+0.050%$19.2M$32.6M100x
Gate MU_USDT0.0000%8h1,049.9+0.022%$62.0M$27.7M75xas long as short
StandX MU-USDlong0.0000%1h1,049.6long leg$190K$3.4M20x
Bullet MU-USD0.0000%1h1,050.1+0.041%$25K$394K10xas long as short
SunX MU-USDT0.0000%8h1,051.1+0.144%$11K$6.0M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049.7+0.006%$66K$341K10xas long as short
HTX MU-USDT0.0000%8h1,050.1+0.044%$129K$425K50xas long as short
Aftermath Perps MUUSD+0.0017%1h1,049.6−0.007%$3K$45K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MU+0.0032%1h1,049.8+0.015%$1.1M$4.8M20xas long as short
Lighter RH MU+0.0032%1h1,049.8+0.018%$1.1M$4.2M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,049.3−0.027%$567K$1.1M10xas long as short
QFEX MU-USD+0.0040%1h1,049.8+0.014%$7.4M$19.3M10xas long as short
Arcus MU-USD+0.0040%1h1,049.7+0.002%$71K$236K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,050.7+0.101%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,049.7+0.007%$178.1M$99.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,049.7+0.007%$170K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,049.8+0.016%$689K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,048.8−0.077%$1.9M$2.3M10xas long as short
OKX MU-USDT-SWAP+0.0050%8h1,050+0.038%$30.8M$100.5M50xas long as short
GRVT MU_USDT_Perp+0.0056%8h1,049.8+0.018%$81K$1.3M10xas long as short
Paradex MU-USD-PERP+0.0061%8h1,050+0.036%$2K5xas long as short
Pacifica MU+0.0100%1h1,049.5−0.010%$148K$187K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.8+0.011%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,049.9+0.022%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,050+0.036%$835$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.165%$19K$5K12xas long as short
Aevo MU-PERP+0.0128%1h1,049.6−0.002%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,050.3+0.062%$757K$1.2M10xas long as short
Aster MUUSD1+0.0149%8h1,050+0.040%$21.6M$51.7M20xas long as short
Variational Omni MU+0.0171%8h1,049.8+0.016%$2.7M$2.4Mas long as short
Binance MUUSDT+0.0190%8h1,050.1+0.043%$126.4M$523.3M50xas long as short
Bitget MUUSDT+0.0227%8h1,050.1+0.042%$20.6M$41.9M50xas long as short
Phoenix MU+0.0304%1h1,050.2+0.054%$537K$273K15xas long as short
RISEx MU/USDC+0.0507%1h1,050.2+0.050%$334K$348K20xas long as short