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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Polymarket Perps against StandX−0.068%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.127%+$13 on $10k
Price spread, last 3 days (all we have)+0.076%+$8 · spread now −0.068%, 7d avg −0.032%
Together, before fees+0.203%+ Points / potential airdropStandX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.036% cheaper against StandX than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.032%). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,049.10get 0.0000% / 1h56m 26s$190K$3.3M20x
ShortPolymarket Perps MU-USD1,048.40.0050get 0.0006% / 1h56m 26s$170K$203K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$10.5
Price spread: −0.068% → −0.032%
−$3.6
Slippage, 4 orders
−$14.19
Fee StandX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$23.29
Costs to cover
0.302%
Break-even
22.5 days
Slippage from StandX: live order book, 3 min ago; Polymarket Perps: live order book, 11 min ago.

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, 3 min ago3.00 bp8.3 bp −$814.7 bp −$147doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 11 min ago2.86 bp7.6 bp −$88.1 bp −$8110.1 bp −$1,006doesn't fit

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−0.0855%4h1,050.5+0.128%$1.3M$670K10xas long as short
Nado MU-PERP−0.0006%1h1,048.3−0.081%$271K$859K10xas long as short
Gate MU_USDT0.0000%8h1,048.6−0.045%$62.3M$27.3M75xas long as short
StandX MU-USDlong0.0000%1h1,049.1long leg$190K$3.3M20x
Bullet MU-USD0.0000%1h1,048.6−0.049%$26K$397K10xas long as short
SunX MU-USDT0.0000%8h1,050.1+0.092%$11K$6.1M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,048.7−0.039%$65K$315K10xas long as short
HTX MU-USDT0.0000%8h1,048.7−0.036%$129K$424K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,049.7+0.053%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,048.5−0.059%$1.1M$4.8M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,048.5−0.061%$1.2M$4.1M10xas long as short
QFEX MU-USD+0.0040%1h1,048.3−0.074%$7.5M$20.9M10xas long as short
Arcus MU-USD+0.0040%1h1,049.6+0.049%$71K$242K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,049.7+0.054%$179K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,048.4−0.068%$177.9M$100.3M10xas long as short
Polymarket Perps MU-USDshort+0.0050%1h1,048.4−0.068%$170K$203K10x
SoDEX MU-USD+0.0050%1h1,049−0.010%$688K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.1−0.004%$1.9M$2.4M10xas long as short
Paradex MU-USD-PERP+0.0078%8h1,048.5−0.061%$2K5xas long as short
OKX MU-USDT-SWAP+0.0096%8h1,048.7−0.040%$30.9M$101.4M50xas long as short
Pacifica MU+0.0100%1h1,048.8−0.031%$148K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,048.6−0.046%$5.3M$3.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,050.4+0.121%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.2+0.010%$834$79920xas long as short
Injective MU/USDC PERP+0.0107%1h1,051.4+0.214%$19K$5K12xas long as short
Bybit MUUSDT+0.0113%8h1,048.8−0.026%$19.3M$32.7M100xas long as short
Coinbase International MU-PERP-INTX+0.0128%1h1,049.6+0.045%$761K$1.2M10xas long as short
Aevo MU-PERP+0.0152%1h1,048.7−0.036%$32K$1K10xas long as short
Extended MU_24_5-USD+0.0184%1h1,048.1−0.096%$563K$1.2M10xas long as short
Variational Omni MU+0.0260%8h1,050.4+0.119%$2.7M$2.4Mas long as short
Aster MUUSD1+0.0262%8h1,049.1−0.003%$21.6M$49.1M20xas long as short
Binance MUUSDT+0.0266%8h1,048.7−0.037%$125.8M$523.0M50xas long as short
Phoenix MU+0.0383%1h1,050.9+0.171%$538K$273K15xas long as short
Bitget MUUSDT+0.0386%8h1,048.7−0.037%$20.5M$41.6M50xas long as short
BloFin MU-USDT+0.0388%8h1,049.6+0.047%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0507%1h1,048.7−0.042%$315K$340K20xas long as short
GRVT MU_USDT_Perp+0.0514%8h1,050.4+0.123%$83K$1.3M10xas long as short