Funding arb · Price arb /

MU

RWAall MU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.072%

Price spread now: RISEx against StandX+0.041%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on StandX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.083%+$8 on $10k

Price spread, last 4 days (all we have)+0.306%+$31 · spread now +0.041%, 7d avg +0.008%

Together, before fees+0.390%+ Points / potential airdropStandX: Active · farm board+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.033% dearer against StandX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.008%.

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	33m 42s	$190K	$3.4M	20x
Short	RISEx MU/USDC	1,052.3	0	get 0.0000% / 1h	33m 42s	$333K	$348K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → +0.008%: $3.29
Slippage, 4 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$19.71
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from StandX: live order book, just now; RISEx: live order book, 25 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, just now	2.61 bp	7.4 bp −$7	14.1 bp −$141	doesn't fit	doesn't fit
Sell RISEx live order book, 25 min ago	0.76 bp	3.8 bp −$4	4.5 bp −$45	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	1,052.5	+0.057%	$31.2M	$99.7M	50x	as long as short
RISEx MU/USDCshort	0.0000%	1h	1,052.3	+0.041%	$333K	$348K	20x
Gate MU_USDT	0.0000%	8h	1,052.3	+0.044%	$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	+0.0003%	8h	1,052.2	+0.028%	$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	+0.0025%	8h	1,052.8	+0.087%	$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	1,052.4	+0.046%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,051.8	−0.010%	$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	1,052.4	+0.049%	$1.1M	$5.1M	20x	as long as short
Binance MUUSDT	+0.0066%	8h	1,052.5	+0.060%	$126.8M	$517.2M	50x	as long as short
tradeXYZ xyz:MU	+0.0078%	1h	1,052.1	+0.022%	$178.9M	$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	1,052.2	+0.029%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,052.1	+0.019%	$5.3M	$3.4M	20x	as long as short
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	1,052.5	+0.055%	$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