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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0326%/8h= −35.7% APRpaid last 24h −0.065%
Price spread now: StandX against BloFin−0.231%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.428%−$43 on $10k
Price spread, last 3 days (all we have)+0.206%+$21 · spread now −0.231%, 7d avg −0.024%
Together, before fees−0.222%+ Points / potential airdropStandX: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and StandX is 0.207% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,0530.0326pay 0.0326% / 8h7h 45m$1.5M$2.1M20x
ShortStandX MU-USD1,050.60get 0.0000% / 1h45m 55s$190K$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against BloFin. 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
−$68.45
Price spread: −0.231% → −0.024%
−$20.65
Slippage, 4 orders
−$7.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$117.08
Costs to cover
0.280%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 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 BloFin live order book, 2 min ago0.14 bp6.4 bp −$67.9 bp −$7912.4 bp −$1,242doesn't fit
Sell StandX live order book, 3 min ago2.47 bp7.5 bp −$814.6 bp −$146doesn'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
edgeX MUUSDC−0.0892%4h1,050.2−0.260%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,051.3−0.157%$62.9M$28.7M75xas long as short
StandX MU-USDshort0.0000%1h1,050.6−0.231%$190K$3.3M20x
SunX MU-USDT0.0000%8h1,052.8−0.022%$11K$6.3M10xas long as short
HTX MU-USDT0.0000%8h1,051.2−0.169%$129K$426K50xas long as short
Deribit MU_USDC-PERPETUAL+0.0016%1h1,051−0.190%$63K$294K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050.1−0.276%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,051.3−0.163%$1.1M$4.7M20xas long as short
Lighter RH MU+0.0032%1h1,051.2−0.174%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.154%$19K$5K12xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,052.8−0.013%$195K25xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,052.2−0.078%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,052−0.098%$7.8M$23.2M10xas long as short
Nado MU-PERP+0.0059%1h1,052.2−0.073%$275K$862K10xas long as short
OKX MU-USDT-SWAP+0.0093%8h1,050.9−0.199%$30.9M$102.2M50xas long as short
Pacifica MU+0.0100%1h1,052.2−0.074%$152K$177K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.6−0.222%$5.3M$3.6M20xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,051.8−0.114%$836$79920xas long as short
Paradex MU-USD-PERP+0.0101%8h1,052.4−0.056%$2K5xas long as short
Bybit MUUSDT+0.0129%8h1,051.3−0.161%$19.2M$32.6M100xas long as short
Aevo MU-PERP+0.0136%1h1,051.2−0.170%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,052.2−0.078%$762K$1.3M10xas long as short
Variational Omni MU+0.0192%8h1,051.7−0.119%$2.7M$2.4Mas long as short
Polymarket Perps MU-USD+0.0202%1h1,051.3−0.160%$170K$202K10xas long as short
Aster MUUSD1+0.0203%8h1,050.6−0.221%$21.6M$47.8M20xas long as short
Binance MUUSDT+0.0207%8h1,051.1−0.180%$126.4M$526.6M50xas long as short
Arcus MU-USD+0.0240%1h1,051−0.187%$71K$242K10xas long as short
Bitget MUUSDT+0.0262%8h1,050.6−0.231%$20.6M$41.7M50xas long as short
RISEx MU/USDC+0.0312%1h1,052.1−0.081%$316K$339K20xas long as short
BloFin MU-USDTlong+0.0326%8h1,053long leg$1.5M$2.1M20x
ApeX Omni MUUSDT+0.0363%1h1,050.9−0.198%$71K$267K50xas long as short
Phoenix MU+0.0383%1h1,050.3−0.255%$537K$306K15xas long as short
Bullet MU-USD+0.0425%1h1,051.8−0.116%$26K$394K10xas long as short
tradeXYZ xyz:MU+0.0456%1h1,050.9−0.198%$178.3M$101.6M10xas long as short
SoDEX MU-USD+0.0493%1h1,051.2−0.174%$690K$16K10xas long as short
Extended MU_24_5-USD+0.0496%1h1,050.6−0.229%$558K$1.1M10xas long as short
GRVT MU_USDT_Perp+0.0707%8h1,050.8−0.207%$83K$1.4M10xas long as short