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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: StandX against Aster+0.035%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.035%, 7d avg +0.003%
Together, before fees−0.072%+ Points / potential airdropAster: Stage 5 · StandX: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: StandX is 0.032% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MUUSD11,035.80get 0.0000% / 8h56m 24s$21.1M$64.3M20x
ShortStandX MU-USD1,036.10get 0.0000% / 1h56m 24s$187K$3.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Aster. 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
$0
Price spread: +0.035% → +0.003%
$3.17
Slippage, 4 orders
−$12.22
Fee Aster: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$25.05
Costs to cover
0.282%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; StandX: live order book, 3 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 Aster live order book, 3 min ago0.53 bp7.8 bp −$89.1 bp −$91doesn't fitdoesn't fit
Sell StandX live order book, 3 min ago2.80 bp7.8 bp −$814.2 bp −$142doesn't fitdoesn'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
Bitget MUUSDT−0.0189%8h1,036+0.018%$20.1M$40.2M50xas long as short
edgeX MUUSDC−0.0002%4h1,036.3+0.047%$1.3M$671K10xas long as short
Aster MUUSD1long0.0000%8h1,035.8long leg$21.1M$64.3M20x
Binance MUUSDT0.0000%8h1,035.6−0.019%$122.0M$538.4M50xas long as short
Bybit MUUSDT0.0000%8h1,035.5−0.024%$18.7M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,035.7−0.008%$29.7M$99.9M50xas long as short
RISEx MU/USDC0.0000%1h1,035.7−0.005%$312K$386K20xas long as short
Gate MU_USDT0.0000%8h1,035.5−0.024%$61.3M$28.2M75xas long as short
Variational Omni MU0.0000%8h1,036.4+0.064%$2.5M$2.5Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,036.8+0.103%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDshort0.0000%1h1,036.1+0.035%$187K$3.5M20x
SunX MU-USDT0.0000%8h1,037.3+0.148%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,035.5−0.027%$74K$589K10xas long as short
HTX MU-USDT0.0000%8h1,035.5−0.022%$127K$460K50xas long as short
Nado MU-PERP+0.0012%1h1,035.4−0.035%$277K$809K10xas long as short
Aftermath Perps MUUSD+0.0016%1h1,036.1+0.029%$3K$44K10xas long as short
QFEX MU-USD+0.0021%1h1,035.5−0.031%$7.0M$18.8M10xas long as short
Bullet MU-USD+0.0030%1h1,035.7−0.009%$25K$390K10xas long as short
Lighter MU+0.0032%1h1,035.7−0.009%$1.0M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,035.6−0.019%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.1−0.062%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.505%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,035.7−0.005%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,035.6−0.013%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.1−0.065%$176.0M$85.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.3−0.045%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.6−0.017%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,035.3−0.046%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,035.5−0.028%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.2−0.054%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,038.8+0.291%$734K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,035.4−0.034%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,035.3−0.046%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036.1+0.036%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,035.6−0.021%$823$79920xas long as short
BloFin MU-USDT+0.0120%8h1,036+0.018%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.8+0.100%$530K$270K15xas long as short