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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Ondo Perps against StandX−0.053%7-day average −0.087% · 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+0.112%+$11 on $10k
Price spread, last 7 days−0.200%−$20 · spread now −0.053%, 7d avg −0.087%
Together, before fees−0.088%+ Points / potential airdropStandX: Active · Ondo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.034% dearer against StandX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,038.40get 0.0000% / 1h3m 48s$188K$3.7M20x
ShortOndo Perps MU-USD.P1,037.90.0050get 0.0006% / 1h3m 48s$1.9M$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.053% → −0.087%
$3.42
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$1
Costs to cover
0.130%
Break-even
6.3 days
Slippage unknown: StandX: live order book, 3 min ago; Ondo Perps: 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, 3 min ago5.05 bp11.4 bp −$1117.0 bp −$170doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 exchanges

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−0.0946%4h1,035.7−0.268%$1.3M$695K10xas long as short
Aster MUUSD10.0000%8h1,039.1+0.066%$21.2M$73.1M20xas long as short
Binance MUUSDT0.0000%8h1,038.5+0.003%$121.4M$553.9M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,038.3−0.014%$29.5M$107.6M50xas long as short
Gate MU_USDT0.0000%8h1,038.2−0.023%$61.1M$28.3M75xas long as short
Bitget MUUSDT0.0000%8h1,038.3−0.013%$19.9M$43.4M50xas long as short
Variational Omni MU0.0000%8h1,039.1+0.063%$2.6M$2.6Mas long as short
StandX MU-USDlong0.0000%1h1,038.4long leg$188K$3.7M20x
SunX MU-USDT0.0000%8h1,040.8+0.224%$11K$5.1M10xas long as short
HTX MU-USDT0.0000%8h1,038.3−0.012%$119K$474K50xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH MU+0.0032%1h1,038.6+0.016%$1.2M$4.6M10xas long as short
Aftermath Perps MUUSD+0.0033%1h1,036.8−0.156%$3K$42K10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.244%$19K$5K12xas long as short
Vest MU-USD-PERP+0.0046%1h1,039.7+0.119%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,038.8+0.035%$168K$178K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,037.9−0.053%$1.9M$3.2M10x
QFEX MU-USD+0.0059%1h1,038.9+0.040%$7.0M$19.2M10xas long as short
Bybit MUUSDT+0.0068%8h1,038.5+0.006%$18.8M$32.6M100xas long as short
Paradex MU-USD-PERP+0.0077%8h1,038.8+0.031%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,038.5+0.003%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,039.1+0.059%$147K$223K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,038−0.044%$5.2M$5.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.6+0.012%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039+0.057%$826$79920xas long as short
RISEx MU/USDC+0.0107%1h1,039.2+0.071%$296K$351K20xas long as short
SoDEX MU-USD+0.0112%1h1,039+0.049%$682K$13K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0116%1h1,038.4−0.009%$38K$712K10xas long as short
BloFin MU-USDT+0.0120%8h1,039+0.055%$1.4M$2.5M20xas long as short
Nado MU-PERP+0.0125%1h1,038.4−0.006%$273K$840K10xas long as short
Arcus MU-USD+0.0139%1h1,038.7+0.025%$90K$148K10xas long as short
Lighter MU+0.0152%1h1,038.8+0.035%$1.0M$5.1M20xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,035.4−0.294%$734K$1.1M10xas long as short
tradeXYZ xyz:MU+0.0187%1h1,038.2−0.023%$176.9M$75.8M10xas long as short
Bullet MU-USD+0.0211%1h1,039+0.052%$25K$386K10xas long as short
GRVT MU_USDT_Perp+0.0215%8h1,038.1−0.028%$81K$1.4M10xas long as short
Phoenix MU+0.0310%1h1,035.5−0.283%$530K$269K15xas long as short
Extended MU_24_5-USD+0.0344%1h1,037.4−0.102%$552K$1.1M10xas long as short