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−0.0178%/8h= −19.5% APRpaid last 24h +0.021%
Price spread now: Bitget against StandX−0.080%51s7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 7 days+0.091%+$9 · spread now −0.080%, 7d avg +0.008%
Together, before fees+0.285%+ Points / potential airdropStandX: Active · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.088% cheaper against StandX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.195%, so the current rate has only just turned against you. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,039.70get 0.0000% / 1h18m 32s$188K$3.5M20x
ShortBitget MUUSDT1,038.9−0.0178pay 0.0178% / 8h1h 18m$20.2M$40.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against StandX. 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
−$37.38
Price spread: −0.080% → +0.008%
−$8.82
Slippage, 4 orders
−$11.2
Fee StandX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$77.4
Costs to cover
0.312%
Break-even
never at this rate
Slippage from StandX: live order book, just now; Bitget: 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 StandX live order book, just now2.93 bp8.5 bp −$915.5 bp −$155doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.05 bp7.5 bp −$79.9 bp −$99doesn'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−0.0279%4h1,038.3−0.134%$1.3M$672K10xas long as short
Bitget MUUSDTshort−0.0178%8h1,038.9−0.080%$20.2M$40.4M50x
Nado MU-PERP−0.0008%1h1,038.4−0.128%$279K$815K10xas long as short
Aster MUUSD10.0000%8h1,039.6−0.005%$21.1M$60.5M20xas long as short
Binance MUUSDT0.0000%8h1,039.1−0.053%$122.0M$538.5M50xas long as short
Bybit MUUSDT0.0000%8h1,039.1−0.059%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,039−0.069%$29.8M$100.2M50xas long as short
RISEx MU/USDC0.0000%1h1,039.3−0.038%$314K$387K20xas long as short
Gate MU_USDT0.0000%8h1,038.9−0.073%$61.6M$28.6M75xas long as short
Variational Omni MU0.0000%8h1,039.2−0.044%$2.5M$2.6Mas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MU_USDT_Perp0.0000%8h1,038.8−0.082%$84K$1.4M10xas long as short
StandX MU-USDlong0.0000%1h1,039.7long leg$188K$3.5M20x
Bullet MU-USD0.0000%1h1,038.5−0.111%$25K$390K10xas long as short
SunX MU-USDT0.0000%8h1,040.2+0.052%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.4−0.127%$74K$570K10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.135%$128K$441K50xas long as short
Aftermath Perps MUUSD+0.0013%1h1,038.3−0.133%$3K$44K10xas long as short
Lighter MU+0.0032%1h1,039.3−0.041%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,039.1−0.058%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,038.5−0.113%$537K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,039.1−0.060%$7.0M$18.7M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.123%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,038.3−0.136%$90K$250K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,039−0.062%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,038.9−0.075%$176.5M$86.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.5−0.113%$169K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,038.5−0.118%$682K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.5−0.111%$1.8M$2.7M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,039.2−0.046%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.3−0.134%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.1−0.055%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038.8−0.083%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.3−0.038%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,038.5−0.118%$826$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036−0.352%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,038.7−0.092%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,038.9−0.075%$531K$270K15xas long as short