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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0136%/8h= −14.9% APRnext payment $0.17 per $10,000 · paid last 24h −0.048%
Price spread now: StandX against Extended+0.160%50s7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.214%−$21 on $10k
Price spread, last 7 days−0.114%−$11 · spread now +0.160%, 7d avg +0.059%
Together, before fees−0.328%+ Points / potential airdropExtended: Active · StandX: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.101% dearer against Extended than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.059%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MU_24_5-USD1,032.20.0136pay 0.0017% / 1h5m 45s$545K$1.1M10x
ShortStandX MU-USD1,033.90get 0.0000% / 1h5m 45s$187K$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Extended. 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
−$28.56
Price spread: +0.160% → +0.059%
$10.1
Slippage, 4 orders
−$10.95
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$42.4
Costs to cover
0.239%
Break-even
never at this rate
Slippage from Extended: live order book, just now; StandX: live order book, 1 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 Extended live order book, just now0.05 bp4.5 bp −$512.5 bp −$125doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago2.95 bp7.4 bp −$714.0 bp −$140doesn't fitdoesn't fit

MU on 37 exchanges

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−0.0373%4h1,034.1+0.179%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,033.9+0.161%$21.1M$74.4M20xas long as short
Binance MUUSDT0.0000%8h1,033.6+0.132%$121.0M$552.4M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,033.4+0.116%$29.8M$106.2M50xas long as short
Gate MU_USDT0.0000%8h1,033.3+0.101%$61.0M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,033.3+0.108%$19.7M$43.1M50xas long as short
Variational Omni MU0.0000%8h1,034.1+0.182%$2.6M$2.4Mas long as short
StandX MU-USDshort0.0000%1h1,033.9+0.160%$187K$3.8M20x
SunX MU-USDT0.0000%8h1,035.1+0.279%$11K$4.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,032.6+0.038%$31K$763K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,033.4+0.116%$119K$455K50xas long as short
Lighter RH MU+0.0032%1h1,033.1+0.085%$1.1M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.855%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0039%1h1,033.6+0.130%$3K$41K10xas long as short
RISEx MU/USDC+0.0045%1h1,033.5+0.129%$296K$331K20xas long as short
Vest MU-USD-PERP+0.0046%1h1,033.7+0.147%$175K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,032.9+0.067%$168K$173K10xas long as short
SoDEX MU-USD+0.0050%1h1,033.6+0.131%$680K$14K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,032.6+0.033%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,033.3+0.108%$6.9M$19.3M10xas long as short
Paradex MU-USD-PERP+0.0069%8h1,033.2+0.091%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,033+0.077%$32K$1K10xas long as short
Bybit MUUSDT+0.0080%8h1,033.5+0.120%$18.7M$31.4M100xas long as short
GRVT MU_USDT_Perp+0.0098%8h1,034.8+0.248%$84K$1.4M10xas long as short
Pacifica MU+0.0100%1h1,032.6+0.036%$150K$211K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,032.9+0.071%$5.2M$7.2M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.6+0.132%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,033.3+0.105%$821$79920xas long as short
BloFin MU-USDT+0.0120%8h1,033.9+0.164%$1.5M$2.8M20xas long as short
Extended MU_24_5-USDlong+0.0136%1h1,032.2long leg$545K$1.1M10x
Coinbase International MU-PERP-INTX+0.0136%1h1,036+0.362%$726K$1.2M10xas long as short
Nado MU-PERP+0.0143%1h1,032.7+0.051%$275K$831K10xas long as short
tradeXYZ xyz:MU+0.0148%1h1,032.9+0.067%$175.8M$70.8M10xas long as short
Lighter MU+0.0160%1h1,033.3+0.101%$1.0M$5.0M20xas long as short
Arcus MU-USD+0.0186%1h1,032.9+0.065%$90K$166K10xas long as short
Bullet MU-USD+0.0256%1h1,033.7+0.148%$25K$385K10xas long as short
Phoenix MU+0.0461%1h1,034+0.173%$529K$159K15xas long as short