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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropStandX: Active · farm boardneeds both histories
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,051.70get 0.0000% / 1h37m 27s$190K$3.4M20x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h37m 27s$19K$5K12x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 2 min ago3.04 bp8.5 bp −$814.2 bp −$142doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0053%4h1,052.1+0.041%$1.3M$671K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052+0.029%$31.2M$99.8M50xas long as short
RISEx MU/USDC0.0000%1h1,052.3+0.058%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.1+0.036%$62.3M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.6+0.081%$82K$1.3M10xas long as short
StandX MU-USDlong0.0000%1h1,051.7long leg$190K$3.4M20x
SunX MU-USDT0.0000%8h1,054+0.213%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.3+0.054%$131K$436K50xas long as short
Aster MUUSD1+0.0004%8h1,052.1+0.035%$21.4M$55.0M20xas long as short
Aftermath Perps MUUSD+0.0018%1h1,052.3+0.052%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0022%8h1,052.3+0.057%$19.1M$32.3M100xas long as short
Lighter RH MU+0.0032%1h1,052.2+0.045%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6−0.013%$564K$1.1M10xas long as short
Injective MU/USDC PERPshort+0.0033%1h1,051.4−0.033%$19K$5K12x
QFEX MU-USD+0.0034%1h1,052+0.026%$7.2M$17.9M10xas long as short
Variational Omni MU+0.0036%8h1,052.5+0.073%$2.7M$2.4Mas long as short
Bullet MU-USD+0.0038%1h1,052.2+0.044%$25K$398K10xas long as short
Arcus MU-USD+0.0040%1h1,052+0.026%$71K$234K10xas long as short
Nado MU-PERP+0.0043%1h1,051.6−0.006%$282K$842K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.1+0.127%$176K25xas long as short
Lighter MU+0.0048%1h1,052.2+0.048%$1.1M$5.1M20xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.8+0.009%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.1+0.037%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.6−0.015%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,052.3+0.055%$2K5xas long as short
Binance MUUSDT+0.0068%8h1,052.1+0.041%$126.8M$517.1M50xas long as short
tradeXYZ xyz:MU+0.0077%1h1,051.9+0.018%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.1+0.040%$758K$1.2M10xas long as short
Aevo MU-PERP+0.0096%1h1,051.8+0.007%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,051.9+0.021%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.9+0.016%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.3+0.060%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.2+0.042%$836$79920xas long as short
Bitget MUUSDT+0.0116%8h1,052.2+0.042%$20.6M$41.1M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0121%1h1,052+0.023%$69K$418K10xas long as short
BloFin MU-USDT+0.0190%8h1,052.3+0.051%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.6+0.085%$538K$271K15xas long as short