Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.052%
Price spread now: StandX against Coinbase International+0.024%46s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days−0.383%−$38 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.024%, 7d avg +0.024%
=Together, before fees−0.405%+ Points / potential airdropStandX: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,037.4 | 0.0080 | pay 0.0010% / 1h | 34m 27s | $725K | $1.2M | 10x |
| Short | StandX MU-USD | 1,037.7 | 0 | get 0.0000% / 1h | 34m 27s | $188K | $3.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Coinbase International. 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
- −$16.8
- Price spread: +0.024% → +0.024%
- $0.06
- Slippage, 4 orders
- −$14.19
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$48.94
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; StandX: live order book, 5 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 Coinbase International live order book, 4 min ago | 1.54 bp | 7.8 bp −$8 | 13.3 bp −$133 | 40.2 bp −$4,016 | doesn't fit |
| Sell StandX live order book, 5 min ago | 2.41 bp | 8.7 bp −$9 | 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 | −0.0248% | 4h | 1,037.9 | +0.049% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0178% | 8h | 1,038.3 | +0.083% | $20.2M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.2 | +0.070% | $21.2M | $65.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.1 | +0.062% | $122.1M | $538.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | +0.045% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | +0.048% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | +0.091% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038 | +0.050% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.7 | +0.024% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038 | +0.055% | $71K | $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-USDshort | 0.0000% | 1h | 1,037.7 | +0.024% | $188K | $3.5M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,039.4 | +0.185% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.3 | −0.011% | $74K | $608K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.5 | +0.001% | $127K | $480K | 50x | as long as short |
| Bullet MU-USD | +0.0013% | 1h | 1,037.7 | +0.027% | $25K | $390K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,038 | +0.055% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,038.1 | +0.060% | $279K | $807K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.056% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.1 | +0.060% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.6 | +0.014% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.342% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.2 | +0.072% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.5 | +0.002% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.3 | +0.080% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | +0.044% | $176.4M | $82.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.9 | +0.044% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.046% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.5 | +0.003% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.1 | +0.062% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.3 | −0.011% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0080% | 1h | 1,037.4 | long leg | $725K | $1.2M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,038 | +0.055% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.9 | +0.047% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.9 | +0.041% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.9 | +0.045% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.083% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.3 | +0.083% | $531K | $270K | 15x | as long as short |
Coinbase International MU-PERP-INTX
StandX MU-USD
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU