Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.025%

Price spread now: Paradex against StandX−0.033%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on StandX Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropStandX: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.033% cheaper against StandX than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,036.1	0	get 0.0000% / 1h	57m 27s	$187K	$3.5M	20x
Short	Paradex MU-USD-PERP	1,035.8	0.0051	get 0.0051% / 8h	57m 27s	$2K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.033%Rate

Funding earned: $10.75
Price spread: −0.033% → 0.000%: −$3.26
Slippage, 4 orders: no order book: not counted
Fee StandX: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$4.51
Costs to cover: 0.120%
Break-even: 9.9 days

Slippage unknown: StandX: live order book, 2 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 2 min ago	2.80 bp	8.0 bp −$8	14.2 bp −$142	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MUUSDT	−0.0181%	8h	1,036	−0.011%	$20.1M	$40.2M	50x	as long as short
edgeX MUUSDC	−0.0002%	4h	1,036.3	+0.014%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,035.9	−0.018%	$21.1M	$64.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,035.7	−0.036%	$122.0M	$538.2M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,035.8	−0.031%	$18.7M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,035.7	−0.040%	$29.7M	$99.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,036	−0.007%	$313K	$386K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,035.8	−0.029%	$61.3M	$28.2M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,036.4	+0.031%	$2.5M	$2.5M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,036.8	+0.070%	$83K	$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	1,036.1	long leg	$187K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,037.3	+0.115%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,035.4	−0.066%	$74K	$586K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,035.1	−0.094%	$127K	$460K	50x	as long as short
Nado MU-PERP	+0.0010%	1h	1,035.9	−0.021%	$277K	$809K	10x	as long as short
Aftermath Perps MUUSD	+0.0016%	1h	1,036.3	+0.017%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,035.8	−0.032%	$7.0M	$18.8M	10x	as long as short
Bullet MU-USD	+0.0024%	1h	1,035.7	−0.040%	$24K	$390K	10x	as long as short
Lighter MU	+0.0032%	1h	1,035.9	−0.016%	$1.0M	$4.9M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,035.8	−0.030%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,035.5	−0.064%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.472%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,035.9	−0.016%	$90K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,035.7	−0.043%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,035.5	−0.059%	$176.1M	$85.7M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,035.4	−0.069%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,035.5	−0.059%	$680K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.2	−0.087%	$1.8M	$2.7M	10x	as long as short
Paradex MU-USD-PERPshort	+0.0051%	8h	1,035.8	−0.033%	$2K	—	5x
Aevo MU-PERP	+0.0080%	1h	1,035.1	−0.096%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,038.8	+0.258%	$734K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,035.8	−0.030%	$147K	$188K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,035.8	−0.028%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,036.1	+0.003%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,035.5	−0.057%	$823	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036.5	+0.038%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,036.8	+0.067%	$530K	$270K	15x	as long as short