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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Orderly against StandX+0.021%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.021% dearer against StandX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,038.60get 0.0000% / 1h54m 55s$188K$3.7M20x
ShortOrderly PERP_MU_USDC_mythos1,038.80.0100get 0.0100% / 8h4h 54m$826$79920x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$21
Price spread: +0.021% → 0.000%
$2.12
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$9.12
Costs to cover
0.140%
Break-even
4.0 days
Slippage unknown: StandX: live order book, 2 min ago; Orderly: 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, 2 min ago3.27 bp9.8 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 exchanges

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−0.0543%4h1,039.5+0.080%$1.3M$694K10xas long as short
Aster MUUSD10.0000%8h1,039.1+0.048%$21.2M$73.6M20xas long as short
Binance MUUSDT0.0000%8h1,039+0.039%$122.0M$554.3M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,039+0.039%$29.8M$106.7M50xas long as short
Gate MU_USDT0.0000%8h1,038.8+0.018%$61.3M$27.3M75xas long as short
Bitget MUUSDT0.0000%8h1,038.9+0.025%$19.8M$43.7M50xas long as short
Variational Omni MU0.0000%8h1,038.8+0.016%$2.6M$2.5Mas long as short
StandX MU-USDlong0.0000%1h1,038.6long leg$188K$3.7M20x
SunX MU-USDT0.0000%8h1,040.8+0.207%$11K$4.9M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.2−0.040%$32K$733K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,038.7+0.012%$119K$473K50xas long as short
Lighter RH MU+0.0032%1h1,038.7+0.003%$1.2M$4.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.227%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0037%1h1,039+0.035%$3K$41K10xas long as short
RISEx MU/USDC+0.0045%1h1,039.3+0.064%$298K$334K20xas long as short
Vest MU-USD-PERP+0.0046%1h1,040+0.133%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.8+0.017%$169K$163K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.7+0.003%$683K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.9−0.068%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,038.60.000%$7.0M$19.4M10xas long as short
Paradex MU-USD-PERP+0.0079%8h1,038.7+0.011%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.4−0.017%$32K$1K10xas long as short
Bybit MUUSDT+0.0088%8h1,039+0.040%$18.8M$32.2M100xas long as short
Pacifica MU+0.0100%1h1,038.5−0.014%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.7+0.012%$5.2M$6.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.4+0.071%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythosshort+0.0100%8h1,038.8+0.021%$826$79920x
Lighter MU+0.0120%1h1,038.7+0.005%$1.0M$4.9M20xas long as short
BloFin MU-USDT+0.0120%8h1,039+0.036%$1.5M$2.7M20xas long as short
Coinbase International MU-PERP-INTX+0.0136%1h1,037.9−0.071%$727K$1.2M10xas long as short
Nado MU-PERP+0.0140%1h1,038.5−0.010%$276K$834K10xas long as short
GRVT MU_USDT_Perp+0.0158%8h1,039.9+0.126%$72K$1.4M10xas long as short
Arcus MU-USD+0.0186%1h1,038.6−0.004%$90K$159K10xas long as short
Bullet MU-USD+0.0235%1h1,039.1+0.046%$26K$383K10xas long as short
tradeXYZ xyz:MU+0.0251%1h1,038.8+0.017%$177.6M$74.5M10xas long as short
Extended MU_24_5-USD+0.0288%1h1,038.2−0.044%$551K$1.1M10xas long as short
Phoenix MU+0.0308%1h1,041.5+0.277%$533K$159K15xas long as short