Funding you earn now, next payment 01:00 UTC−0.0397%/8h= −43.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against ApeX Omni−0.195%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.129%+$13 · spread now −0.195%, 7d avg −0.014%
=Together, before fees−0.081%+ Points / potential airdropStandX: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and StandX is 0.181% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.210% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,052.9 | 0.0397 | pay 0.0050% / 1h | 45m 25s | $71K | $267K | 50x |
| Short | StandX MU-USD | 1,050.9 | 0 | get 0.0000% / 1h | 45m 25s | $190K | $3.3M | 20x |
ApeX Omni MUUSDT
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$83.4
- Price spread: −0.195% → −0.014%
- −$18.08
- Slippage, 4 orders
- −$34.92
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$154.39
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; StandX: live order book, 4 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 ApeX Omni live order book, 27 min ago | 7.41 bp | 17.9 bp −$18 | 186.7 bp −$1,867 | doesn't fit | doesn't fit |
| Sell StandX live order book, 4 min ago | 2.47 bp | 7.5 bp −$8 | 14.6 bp −$146 | 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 | −0.0892% | 4h | 1,050.2 | −0.254% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.7 | −0.207% | $62.9M | $28.7M | 75x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,050.9 | −0.195% | $190K | $3.3M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.055% | $11K | $6.3M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.2 | −0.163% | $129K | $426K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,050.5 | −0.230% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,050.8 | −0.206% | $1.1M | $4.7M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.7 | −0.214% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.148% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.7 | −0.118% | — | $195K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.6 | −0.313% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,050.5 | −0.226% | $7.8M | $23.2M | 10x | as long as short |
| Nado MU-PERP | +0.0060% | 1h | 1,050.6 | −0.225% | $274K | $861K | 10x | as long as short |
| Bybit MUUSDT | +0.0091% | 8h | 1,050.9 | −0.191% | $19.2M | $32.6M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0093% | 8h | 1,051 | −0.186% | $30.8M | $102.2M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.8 | −0.206% | $152K | $177K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.4 | −0.236% | $5.3M | $3.6M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.1 | −0.169% | $836 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0100% | 8h | 1,050.9 | −0.193% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,050.5 | −0.227% | $32K | $1K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0174% | 1h | 1,050.5 | −0.230% | $170K | $202K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,052.2 | −0.072% | $762K | $1.3M | 10x | as long as short |
| Variational Omni MU | +0.0192% | 8h | 1,051.7 | −0.113% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0203% | 8h | 1,050.3 | −0.250% | $21.6M | $47.8M | 20x | as long as short |
| Binance MUUSDT | +0.0210% | 8h | 1,050.8 | −0.199% | $126.4M | $526.1M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.9 | −0.190% | $71K | $242K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0245% | 1h | 1,050.8 | −0.206% | $63K | $294K | 10x | as long as short |
| Bitget MUUSDT | +0.0276% | 8h | 1,050.7 | −0.215% | $20.6M | $41.7M | 50x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051 | −0.187% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0326% | 8h | 1,053 | +0.006% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.3 | −0.249% | $537K | $306K | 15x | as long as short |
| ApeX Omni MUUSDTlong | +0.0397% | 1h | 1,052.9 | long leg | $71K | $267K | 50x | |
| SoDEX MU-USD | +0.0398% | 1h | 1,050.9 | −0.195% | $690K | $16K | 10x | as long as short |
| Bullet MU-USD | +0.0401% | 1h | 1,050.8 | −0.201% | $26K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0441% | 1h | 1,050.4 | −0.239% | $178.2M | $101.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0496% | 1h | 1,050.2 | −0.260% | $558K | $1.1M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0707% | 8h | 1,050.8 | −0.201% | $83K | $1.4M | 10x | as long as short |
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Bybit MUUSDT
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Aevo MU-PERP
Polymarket Perps MU-USD
Coinbase International MU-PERP-INTX
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
Deribit MU_USDC-PERPETUAL
Bitget MUUSDT
RISEx MU/USDC
BloFin MU-USDT
Phoenix MU
SoDEX MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp