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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against StandX−0.127%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.127%, 7d avg −0.088%
Together, before fees+0.184%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.039% cheaper against StandX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.088%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,0410get 0.0000% / 1h10m 15s$188K$3.5M20x
ShortOndo Perps MU-USD.P1,039.70.0050get 0.0006% / 1h10m 15s$1.9M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.127% → −0.088%
−$3.92
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$6.34
Costs to cover
0.130%
Break-even
11.2 days
Slippage unknown: StandX: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 ago2.98 bp9.4 bp −$915.3 bp −$153doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MU on 37 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−0.0148%4h1,038.9−0.197%$1.3M$671K10xas long as short
Bitget MUUSDT−0.0145%8h1,040.7−0.023%$20.3M$41.2M50xas long as short
Aster MUUSD10.0000%8h1,041.2+0.019%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041+0.002%$122.2M$535.6M50xas long as short
Bybit MUUSDT0.0000%8h1,041.2+0.019%$18.7M$32.1M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,041+0.002%$30.0M$101.6M50xas long as short
RISEx MU/USDC0.0000%1h1,040.6−0.032%$316K$382K20xas long as short
Gate MU_USDT0.0000%8h1,040.4−0.053%$61.6M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,040.3−0.064%$2.5M$2.5Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,037.3−0.349%$84K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDlong0.0000%1h1,041long leg$188K$3.5M20x
SunX MU-USDT0.0000%8h1,042.1+0.110%$11K$5.7M10xas long as short
HTX MU-USDT0.0000%8h1,040.4−0.055%$127K$438K50xas long as short
Aftermath Perps MUUSD+0.0015%1h1,038.1−0.272%$3K$44K10xas long as short
Nado MU-PERP+0.0022%1h1,040−0.094%$277K$817K10xas long as short
QFEX MU-USD+0.0023%1h1,040.2−0.070%$7.0M$18.2M10xas long as short
Lighter RH MU+0.0032%1h1,041.1+0.010%$1.2M$4.6M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,040.3−0.061%$538K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.998%$19K$5K12xas long as short
Bullet MU-USD+0.0037%1h1,040.6−0.036%$26K$389K10xas long as short
Arcus MU-USD+0.0040%1h1,038.9−0.201%$70K$231K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040.4−0.052%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,040.4−0.055%$176.9M$92.0M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,040.2−0.074%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,040.6−0.035%$683K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,039.7−0.127%$1.9M$2.5M10x
Paradex MU-USD-PERP+0.0054%8h1,040.7−0.030%$2K5xas long as short
Deribit MU_USDC-PERPETUAL+0.0058%1h1,040.5−0.050%$74K$529K10xas long as short
Aevo MU-PERP+0.0080%1h1,040.4−0.055%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.9−0.102%$148K$189K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,040.3−0.066%$5.2M$3.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.5−0.138%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,040.8−0.020%$827$79920xas long as short
Lighter MU+0.0104%1h1,040.8−0.016%$1.0M$5.0M20xas long as short
BloFin MU-USDT+0.0120%8h1,040.8−0.018%$1.5M$2.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,036−0.480%$731K$1.3M10xas long as short
Phoenix MU+0.0231%1h1,039−0.189%$531K$270K15xas long as short