Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: KuCoin against StandX+0.001%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on StandX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 7 days−0.015%−$1 · spread now +0.001%, 7d avg −0.043%

Together, before fees+0.185%+ Points / potential airdropStandX: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin 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 −0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,051.9	0	get 0.0000% / 1h	34m 17s	$190K	$3.4M	20x
Short	KuCoin MUUSDTM	1,051.9	0.0100	get 0.0100% / 8h	4h 34m	$5.3M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee StandXbpFee KuCoinbpOrdersPrice spread, now +0.001%Rate

Funding earned: $21
Price spread: +0.001% → −0.043%: $4.41
Slippage, 4 orders: −$24.19
Fee StandX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.78
Costs to cover: 0.442%
Break-even: 13.3 days

Slippage from StandX: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago	3.04 bp	8.5 bp −$8	14.2 bp −$142	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	3.14 bp	14.1 bp −$14	27.5 bp −$275	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	−0.0619%	4h	1,052.1	+0.017%	$1.3M	$672K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,052	+0.013%	$31.2M	$99.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.041%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052	+0.010%	$62.3M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.3	+0.044%	$82K	$1.3M	10x	as long as short
StandX MU-USDlong	0.0000%	1h	1,051.9	long leg	$190K	$3.4M	20x
SunX MU-USDT	0.0000%	8h	1,054.1	+0.209%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052.3	+0.040%	$131K	$436K	50x	as long as short
Aster MUUSD1	+0.0004%	8h	1,052.2	+0.027%	$21.4M	$55.0M	20x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,052.3	+0.040%	$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	+0.0024%	8h	1,052.6	+0.066%	$19.1M	$32.3M	100x	as long as short
Variational Omni MU	+0.0032%	8h	1,052.2	+0.034%	$2.7M	$2.4M	—	as long as short
Lighter RH MU	+0.0032%	1h	1,052.2	+0.032%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,051.5	−0.036%	$564K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.048%	$19K	$5K	12x	as long as short
QFEX MU-USD	+0.0034%	1h	1,051.9	+0.004%	$7.2M	$17.9M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,052	+0.013%	$71K	$234K	10x	as long as short
Bullet MU-USD	+0.0043%	1h	1,052.3	+0.038%	$25K	$398K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.1	+0.114%	—	$176K	25x	as long as short
Nado MU-PERP	+0.0048%	1h	1,051.7	−0.016%	$282K	$842K	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,051.8	−0.007%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052.2	+0.029%	$691K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.4	−0.042%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,052.3	+0.038%	$2K	—	5x	as long as short
Lighter MU	+0.0056%	1h	1,052.3	+0.036%	$1.1M	$5.1M	20x	as long as short
Binance MUUSDT	+0.0067%	8h	1,052.3	+0.037%	$126.8M	$517.2M	50x	as long as short
tradeXYZ xyz:MU	+0.0078%	1h	1,051.8	−0.007%	$178.8M	$99.0M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,052.1	+0.025%	$758K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0096%	1h	1,051.8	−0.006%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,051.7	−0.016%	$148K	$185K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,051.9	+0.001%	$5.3M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,052.3	+0.043%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.1	+0.025%	$836	$799	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0111%	1h	1,052	+0.015%	$69K	$423K	10x	as long as short
Bitget MUUSDT	+0.0112%	8h	1,052.2	+0.031%	$20.5M	$41.1M	50x	as long as short
BloFin MU-USDT	+0.0187%	8h	1,052.5	+0.059%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0304%	1h	1,052.3	+0.041%	$538K	$271K	15x	as long as short