Funding arb · Price arb / RWA

MU

RWAAll MU markets →

LONGAvantis▾edgeX −0.0470%Coinbase International −0.0048%Gate 0.0000%StandX 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Lighter RH +0.0032%Arcus +0.0041%Vest Markets +0.0046%Polymarket Perps +0.0050%Ondo Perps +0.0050%Aftermath Perps +0.0053%Popdex +0.0056%QFEX +0.0060%Lighter +0.0072%Paradex +0.0095%ApeX Omni +0.0100%Aster +0.0117%Pacifica +0.0136%Aevo +0.0136%OKX +0.0174%Nado +0.0182%Avantis +0.0194%tradeXYZ +0.0202%GRVT +0.0207%Variational Omni +0.0207%KuCoin +0.0212%Injective +0.0220%Binance +0.0221%Bullet +0.0231%SoDEX +0.0244%Bybit +0.0315%BloFin +0.0343%Phoenix +0.0378%BingX +0.0396%Bitget +0.0415%Kraken Futures +0.0569%Extended +0.0728%

⇄⇅

SHORTRISEx▾RISEx +0.1067%Extended +0.0728%Kraken Futures +0.0569%Bitget +0.0415%BingX +0.0396%Phoenix +0.0378%BloFin +0.0343%Bybit +0.0315%SoDEX +0.0244%Bullet +0.0231%Binance +0.0221%Injective +0.0220%KuCoin +0.0212%Variational Omni +0.0207%GRVT +0.0207%tradeXYZ +0.0202%Nado +0.0182%OKX +0.0174%Aevo +0.0136%Pacifica +0.0136%Aster +0.0117%ApeX Omni +0.0100%Paradex +0.0095%Lighter +0.0072%QFEX +0.0060%Popdex +0.0056%Aftermath Perps +0.0053%Ondo Perps +0.0050%Polymarket Perps +0.0050%Vest Markets +0.0046%Arcus +0.0041%Lighter RH +0.0032%Gate 0.0000%StandX 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Coinbase International −0.0048%edgeX −0.0470%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisMU/USD	1,067.5	L +0.0194S −0.0158	pay 0.0024% / 1h	12m 01s	$119K	—	5x	Long Avantis
SHORT	RISExMU/USDC	1,069	+0.1067	get 0.0133% / 1h	12m 01s	$1.1M	$4.7M	20x	Short RISExInvite

Price gap+0.141%

Funding gap+0.0873% /8h

Funding trade: +$26 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.068% in total, about +0.0032%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now+0.141%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AvantisRISEx

MU on 40 exchanges

lowest funding first

Before you open

3 ok · 1 to watch

• i
  Note: Order book unknown—

  No order-book sample for Avantis: its slippage is not counted.
• i
  Note: Margin at max leverage$2,000 + $500

  Avantis 5x, RISEx 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Avantis · 1h−$5.82

  Short RISEx · 1h+$32.02

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$26.20Long Avantis: 24 payments, −$5.82; short RISEx: 24 payments, +$32.02.
• i
  Note: Gap at its usual level+0.141% vs +0.160%

  The price leg adds little either way.
• !
  Watch: Long leg is thinner$119K vs $1.1M OI

  Avantis sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAvantis Season 3

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legAvantis No · RISEx No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0032%/8h × 21 periods+$6.80

Price spread+0.141% → +0.160% (7d avg)−$1.86

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee RISEx bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$10.06

Costs to cover0.150%Break-even17.4 days

Slippage: Avantis: no order-book sample; RISEx: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAvantis—————

SELL · SHORTRISEx0.803.8 bp−$46.3 bp−$63doesn’t fitdoesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →

09-30 20:09	Backpack	Other	JUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗
09-30 19:45	Vest Markets	Other	Trade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
09-30 19:45	Vest Markets	Other	$MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗
09-30 19:11	Polymarket Perps	Other	MEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗
09-30 17:30	MEXC	Other	$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗
09-30 15:30	Phoenix	Other	$MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗