Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against StandX−0.033%110s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Injective is 0.033% cheaper against StandX than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.013% in total) that is about 18 days. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,051.7 | 0 | get 0.0000% / 1h | 37m 27s | $190K | $3.4M | 20x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 37m 27s | $19K | $5K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7
- Price spread: −0.033% → 0.000%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$4.35
- Costs to cover
- 0.080%
- Break-even
- 11.3 days
Slippage unknown: StandX: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
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, 2 min ago | 3.04 bp | 8.5 bp −$8 | 14.2 bp −$142 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0053% | 4h | 1,052.1 | +0.041% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052 | +0.029% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.058% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.1 | +0.036% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.081% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,051.7 | long leg | $190K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.213% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.054% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0004% | 8h | 1,052.1 | +0.035% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052.3 | +0.052% | $3K | $45K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0022% | 8h | 1,052.3 | +0.057% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | +0.045% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.013% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | −0.033% | $19K | $5K | 12x | |
| QFEX MU-USD | +0.0034% | 1h | 1,052 | +0.026% | $7.2M | $17.9M | 10x | as long as short |
| Variational Omni MU | +0.0036% | 8h | 1,052.5 | +0.073% | $2.7M | $2.4M | — | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,052.2 | +0.044% | $25K | $398K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | +0.026% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0043% | 1h | 1,051.6 | −0.006% | $282K | $842K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.1 | +0.127% | — | $176K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,052.2 | +0.048% | $1.1M | $5.1M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.8 | +0.009% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | +0.037% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.6 | −0.015% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.3 | +0.055% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0068% | 8h | 1,052.1 | +0.041% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0077% | 1h | 1,051.9 | +0.018% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | +0.040% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | +0.007% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.9 | +0.021% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | +0.016% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.3 | +0.060% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.2 | +0.042% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0116% | 8h | 1,052.2 | +0.042% | $20.6M | $41.1M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0121% | 1h | 1,052 | +0.023% | $69K | $418K | 10x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | +0.051% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.085% | $538K | $271K | 15x | as long as short |
StandX MU-USD
Injective MU/USDC PERP
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Variational Omni MU
Bullet MU-USD
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Phoenix MU