Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: KuCoin against StandX+0.011%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on StandX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 7 days−0.002%$0 · spread now +0.011%, 7d avg −0.042%

Together, before fees+0.198%+ Points / potential airdropStandX: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.054% dearer against StandX than usual: you sell high and buy low: +$5 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	1,050.2	0	get 0.0000% / 1h	22m 46s	$190K	$3.5M	20x
Short	KuCoin MUUSDTM	1,050.3	0.0100	get 0.0100% / 8h	5h 22m	$5.3M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.011%Rate

Funding earned: $21
Price spread: +0.011% → −0.042%: $5.39
Slippage, 4 orders: −$24.7
Fee StandX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.31
Costs to cover: 0.447%
Break-even: 13.1 days

Slippage from StandX: live order book, 1 min ago; KuCoin: live order book, 5 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	2.71 bp	9.1 bp −$9	15.3 bp −$153	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	3.10 bp	15.2 bp −$15	27.2 bp −$272	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	−0.0738%	4h	1,050.1	−0.010%	$1.3M	$671K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.9	+0.066%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.7	+0.046%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.4	+0.024%	$62.0M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.2	+0.004%	$85K	$1.3M	10x	as long as short
StandX MU-USDlong	0.0000%	1h	1,050.2	long leg	$190K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,052.2	+0.197%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.3	+0.012%	$67K	$377K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.2	+0.002%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,050.1	−0.008%	$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
OKX MU-USDT-SWAP	+0.0020%	8h	1,050.8	+0.060%	$31.0M	$99.8M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.3	+0.012%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	+0.027%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.113%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.1	−0.004%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.3	+0.110%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.6	+0.044%	$1.1M	$5.0M	20x	as long as short
Extended MU_24_5-USD	+0.0048%	1h	1,049.8	−0.032%	$564K	$1.1M	10x	as long as short
Nado MU-PERP	+0.0049%	1h	1,050.3	+0.009%	$282K	$847K	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.1	−0.007%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.4	+0.023%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.3	−0.086%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0055%	8h	1,050.4	+0.026%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0056%	1h	1,050.3	+0.012%	$178.1M	$98.9M	10x	as long as short
Aster MUUSD1	+0.0059%	8h	1,050.5	+0.035%	$21.4M	$53.1M	20x	as long as short
Bullet MU-USD	+0.0064%	1h	1,050.6	+0.041%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.022%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.5	+0.034%	$149K	$185K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,050.3	+0.011%	$5.3M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,050	−0.021%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.3	+0.012%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	0.000%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,050	−0.013%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0114%	8h	1,050.6	+0.043%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0125%	8h	1,050.7	+0.046%	$126.5M	$518.5M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.4	+0.022%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0245%	8h	1,050.7	+0.046%	$1.5M	$2.0M	20x	as long as short