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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,037.40.0080pay 0.0010% / 1h34m 27s$725K$1.2M10x
ShortStandX MU-USD1,037.70get 0.0000% / 1h34m 27s$188K$3.5M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 4 min ago1.54 bp7.8 bp −$813.3 bp −$13340.2 bp −$4,016doesn't fit
Sell StandX live order book, 5 min ago2.41 bp8.7 bp −$914.6 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−0.0248%4h1,037.9+0.049%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0178%8h1,038.3+0.083%$20.2M$40.0M50xas long as short
Aster MUUSD10.0000%8h1,038.2+0.070%$21.2M$65.5M20xas long as short
Binance MUUSDT0.0000%8h1,038.1+0.062%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.9+0.045%$18.8M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,037.9+0.048%$29.8M$100.1M50xas long as short
RISEx MU/USDC0.0000%1h1,038.4+0.091%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,038+0.050%$61.5M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,037.7+0.024%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038+0.055%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDshort0.0000%1h1,037.7+0.024%$188K$3.5M20x
SunX MU-USDT0.0000%8h1,039.4+0.185%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.3−0.011%$74K$608K10xas long as short
HTX MU-USDT0.0000%8h1,037.5+0.001%$127K$480K50xas long as short
Bullet MU-USD+0.0013%1h1,037.7+0.027%$25K$390K10xas long as short
Aftermath Perps MUUSD+0.0017%1h1,038+0.055%$3K$44K10xas long as short
Nado MU-PERP+0.0018%1h1,038.1+0.060%$279K$807K10xas long as short
QFEX MU-USD+0.0021%1h1,038+0.056%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,038.1+0.060%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.6+0.014%$545K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.342%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2+0.072%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.5+0.002%$90K$245K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.3+0.080%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9+0.044%$176.4M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.9+0.044%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.9+0.046%$681K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,037.5+0.003%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,038.1+0.062%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.3−0.011%$32K$1K10xas long as short
Coinbase International MU-PERP-INTXlong+0.0080%1h1,037.4long leg$725K$1.2M10x
Pacifica MU+0.0100%1h1,038+0.055%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.9+0.047%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,037.9+0.041%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.9+0.045%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038.3+0.083%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.3+0.083%$531K$270K15xas long as short