Funding you earn now, next payment 05:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.015%
Price spread now: StandX against QFEX+0.015%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 4 days (all we have)−0.051%−$5 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now +0.015%, 7d avg +0.046%
=Together, before fees−0.009%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and StandX is 0.031% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,046.8 | 0.0032 | pay 0.0004% / 1h | 40m 33s | $7.1M | $17.8M | 10x |
| Short | StandX MU-USD | 1,046.9 | 0 | get 0.0000% / 1h | 40m 33s | $189K | $3.4M | 20x |
QFEX MU-USD
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against QFEX. 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
- −$6.62
- Price spread: +0.015% → +0.046%
- −$3.09
- Slippage, 4 orders
- −$10.03
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$37.74
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 4 min ago | 0.86 bp | 6.0 bp −$6 | 6.0 bp −$60 | 10.7 bp −$1,067 | doesn't fit |
| Sell StandX live order book, 3 min ago | 2.67 bp | 7.9 bp −$8 | 13.5 bp −$135 | 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 | −0.0697% | 4h | 1,047.6 | +0.076% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,047 | +0.025% | $21.3M | $56.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,046.8 | +0.008% | $125.3M | $518.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,047.1 | +0.031% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,046.6 | −0.011% | $31.1M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,047.1 | +0.030% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,046.7 | −0.005% | $62.2M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,046.9 | +0.014% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,047.2 | +0.044% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048.5 | +0.164% | $82K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USDshort | 0.0000% | 1h | 1,046.9 | +0.015% | $189K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,048.4 | +0.154% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,046.8 | −0.001% | $73K | $466K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,047.1 | +0.032% | $130K | $431K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,047.6 | +0.079% | $3K | $44K | 10x | as long as short |
| QFEX MU-USDlong | +0.0032% | 1h | 1,046.8 | long leg | $7.1M | $17.8M | 10x | |
| Lighter MU | +0.0032% | 1h | 1,046.9 | +0.010% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.8 | 0.000% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,046.2 | −0.054% | $550K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.439% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,047.4 | +0.058% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,047.6 | +0.078% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,046.3 | −0.044% | $177.3M | $97.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046.5 | −0.025% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.1 | +0.036% | $687K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047 | +0.021% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,047.1 | +0.030% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0053% | 1h | 1,046.6 | −0.014% | $281K | $828K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,046.9 | +0.013% | $26K | $395K | 10x | as long as short |
| BloFin MU-USDT | +0.0080% | 8h | 1,047.2 | +0.038% | $1.5M | $2.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,046.8 | +0.006% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046.9 | +0.014% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,046.7 | −0.005% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047.5 | +0.075% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,047 | +0.022% | $832 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.312% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.1 | +0.128% | $536K | $271K | 15x | as long as short |
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Nado MU-PERP
Bullet MU-USD
BloFin MU-USDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Phoenix MU