MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against Binance−0.008%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.160%−$16 on $10k

Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.008%, 7d avg +0.013%

Together, before fees−0.191%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MUUSDT	1,050.6	0.0137	pay 0.0137% / 8h	5h 30m	$126.6M	$518.8M	50x
Short	HTX MU-USDT	1,050.5	0	get 0.0000% / 8h	5h 30m	$129K	$429K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Binance. 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 BinancebpFee HTXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$28.76
Price spread: −0.008% → +0.013%: −$2.08
Slippage, 4 orders: −$8.53
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$61.37
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; HTX: live order book, 33 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 Binance live order book, 14 min ago	0.05 bp	5.4 bp −$5	6.4 bp −$64	15.6 bp −$1,562	doesn't fit
Sell HTX live order book, 33 min ago	3.43 bp	9.7 bp −$10	10.1 bp −$101	20.6 bp −$2,057	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	−0.0330%	4h	1,050.5	−0.012%	$1.3M	$672K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.9	+0.026%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.9	+0.027%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.6	−0.005%	$62.1M	$27.4M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.8	+0.015%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,050.7	+0.009%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.3	+0.155%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.3	−0.030%	$67K	$373K	10x	as long as short
HTX MU-USDTshort	0.0000%	8h	1,050.5	−0.008%	$129K	$429K	50x
Aftermath Perps MUUSD	+0.0020%	1h	1,050.1	−0.046%	$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
OKX MU-USDT-SWAP	+0.0025%	8h	1,050.7	+0.009%	$31.0M	$99.8M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.5	−0.009%	$7.2M	$18.2M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.7	+0.008%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.070%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.5	−0.016%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.6	+0.090%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.3	−0.030%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.6	−0.003%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.8	−0.081%	$1.9M	$2.3M	10x	as long as short
Lighter MU	+0.0056%	1h	1,050.6	0.000%	$1.1M	$4.9M	20x	as long as short
Paradex MU-USD-PERP	+0.0056%	8h	1,050.9	+0.028%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0057%	1h	1,050.5	−0.015%	$282K	$848K	10x	as long as short
tradeXYZ xyz:MU	+0.0063%	1h	1,050.3	−0.030%	$178.1M	$99.2M	10x	as long as short
Extended MU_24_5-USD	+0.0064%	1h	1,050	−0.056%	$564K	$1.1M	10x	as long as short
Aster MUUSD1	+0.0073%	8h	1,050.6	0.000%	$21.4M	$52.3M	20x	as long as short
Bullet MU-USD	+0.0076%	1h	1,050.7	+0.006%	$26K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.065%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.6	−0.005%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.5	−0.015%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050	−0.059%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.5	−0.008%	$835	$799	20x	as long as short
Variational Omni MU	+0.0111%	8h	1,050.9	+0.028%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,050.3	−0.030%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0131%	8h	1,050.5	−0.008%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDTlong	+0.0137%	8h	1,050.6	long leg	$126.6M	$518.8M	50x
Phoenix MU	+0.0229%	1h	1,050.8	+0.017%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0258%	8h	1,051.2	+0.056%	$1.5M	$2.0M	20x	as long as short