Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against StandX−0.021%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on StandX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.047%−$5 · spread now −0.021%, 7d avg −0.028%

Together, before fees−0.018%+ Points / potential airdropStandX: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,047.7	0	get 0.0000% / 1h	43m 10s	$189K	$3.4M	20x
Short	Gate MU_USDT	1,047.5	0	get 0.0000% / 8h	3h 43m	$62.3M	$27.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.028%: $0.7
Slippage, 4 orders: −$17.2
Fee StandX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.5
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from StandX: live order book, 1 min ago; Gate: live order book, 6 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	2.67 bp	8.3 bp −$8	14.8 bp −$148	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	0.38 bp	11.4 bp −$11	15.6 bp −$156	32.0 bp −$3,198	48.4 bp −$24.2K

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	−0.0933%	4h	1,048.6	+0.084%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,048.1	+0.036%	$21.3M	$56.0M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,047.8	+0.007%	$125.4M	$517.9M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,048	+0.020%	$19.0M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,047.8	+0.007%	$31.1M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,047.9	+0.012%	$338K	$354K	20x	as long as short
Gate MU_USDTshort	0.0000%	8h	1,047.5	−0.021%	$62.3M	$27.7M	75x
Bitget MUUSDT	0.0000%	8h	1,047.8	+0.010%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,048.6	+0.079%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,048.5	+0.071%	$82K	$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-USDlong	0.0000%	1h	1,047.7	long leg	$189K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,048.3	+0.053%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,047.4	−0.036%	$130K	$431K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,047.8	+0.010%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,047.2	−0.049%	$7.1M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,047.6	−0.010%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,047.6	−0.015%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,046.9	−0.084%	$553K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.346%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,047.9	+0.011%	$71K	$233K	10x	as long as short
BloFin MU-USDT	+0.0041%	8h	1,047.6	−0.016%	$1.5M	$2.0M	20x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.2	+0.042%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,047.3	−0.042%	$177.6M	$97.4M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,047.4	−0.032%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,047.6	−0.013%	$687K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.4	−0.031%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,047.4	−0.035%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0055%	1h	1,047.1	−0.057%	$282K	$830K	10x	as long as short
Bullet MU-USD	+0.0065%	1h	1,047.8	+0.004%	$26K	$395K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,047.2	−0.051%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,047.5	−0.023%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,047.6	−0.015%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,048.3	+0.052%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,047.7	−0.007%	$833	$799	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0113%	1h	1,047.5	−0.023%	$73K	$465K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.219%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,048.4	+0.063%	$536K	$271K	15x	as long as short