Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.039%
Price spread now: Arcus against StandX+0.002%7-day average −0.042% · 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−$32as in the Price arb table
costs, in and out, $10k−$360.363% of the position
Funding, last 3 days (all we have)+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.002%, 7d avg −0.042%
=Together, before fees−0.058%+ Points / potential airdropStandX: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.044% dearer against StandX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,049.6 | 0 | get 0.0000% / 1h | 14m 53s | $190K | $3.4M | 20x |
| Short | Arcus MU-USD | 1,049.7 | 0.0040 | get 0.0005% / 1h | 14m 53s | $71K | $236K | 10x |
StandX MU-USD
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against StandX. 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
- $8.46
- Price spread: +0.002% → −0.042%
- $4.4
- Slippage, 4 orders
- −$23.81
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$23.45
- Costs to cover
- 0.363%
- Break-even
- 26.4 days
Slippage from StandX: live order book, 4 min ago; Arcus: live order book, 53 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 StandX live order book, 4 min ago | 2.67 bp | 8.2 bp −$8 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 53 min ago | 3.66 bp | 10.2 bp −$10 | 12.6 bp −$126 | doesn't fit | doesn't fit |
MU on 36 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 | −0.0876% | 4h | 1,049.5 | −0.014% | $1.3M | $672K | 10x | as long as short |
| Nado MU-PERP | −0.0005% | 1h | 1,049.6 | −0.003% | $277K | $854K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,050.4 | +0.076% | $19.2M | $32.6M | 100x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.9 | +0.029% | $62.0M | $27.7M | 75x | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,049.6 | long leg | $190K | $3.4M | 20x | |
| Bullet MU-USD | 0.0000% | 1h | 1,050.1 | +0.041% | $25K | $394K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.1 | +0.144% | $11K | $6.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,049.7 | +0.006% | $66K | $341K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.1 | +0.044% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,049.6 | −0.007% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
Nado MU-PERP
Bybit MUUSDT
Gate MU_USDT
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MU | +0.0032% | 1h | 1,049.8 | +0.015% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.8 | +0.018% | $1.1M | $4.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,049.3 | −0.027% | $567K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0040% | 1h | 1,049.8 | +0.014% | $7.4M | $19.3M | 10x | as long as short |
| Arcus MU-USDshort | +0.0040% | 1h | 1,049.7 | +0.002% | $71K | $236K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.7 | +0.101% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,049.8 | +0.016% | $178.2M | $99.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.7 | +0.007% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,049.8 | +0.016% | $689K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.8 | −0.077% | $1.9M | $2.3M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0050% | 8h | 1,050.2 | +0.057% | $30.8M | $100.5M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0056% | 8h | 1,049.8 | +0.018% | $81K | $1.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0061% | 8h | 1,050 | +0.036% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.5 | −0.010% | $148K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.7 | +0.009% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.9 | +0.022% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050 | +0.036% | $835 | $799 | 20x | as long as short |
| Injective MU/USDC PERP | +0.0107% | 1h | 1,051.4 | +0.165% | $19K | $5K | 12x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,049.6 | −0.002% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0128% | 1h | 1,050.3 | +0.062% | $757K | $1.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0149% | 8h | 1,050 | +0.033% | $21.6M | $51.7M | 20x | as long as short |
| Variational Omni MU | +0.0171% | 8h | 1,049.8 | +0.016% | $2.7M | $2.4M | — | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,050.2 | +0.050% | $126.5M | $523.3M | 50x | as long as short |
| Bitget MUUSDT | +0.0227% | 8h | 1,050.1 | +0.043% | $20.6M | $41.9M | 50x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,050.2 | +0.054% | $537K | $273K | 15x | as long as short |
| RISEx MU/USDC | +0.0507% | 1h | 1,050.2 | +0.050% | $334K | $348K | 20x | as long as short |
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
GRVT MU_USDT_Perp
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Injective MU/USDC PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
RISEx MU/USDC