MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$1.44 per $10,000 · paid last 24h −0.021%

Price spread now: Gate against Bitget−0.001%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$55as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.166%−$17 on $10k

Price spread, last 7 days−0.064%−$6 · spread now −0.001%, 7d avg −0.037%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.036% dearer against Bitget than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MUUSDT	1,052.1	0.0144	pay 0.0144% / 8h	4h 52m	$20.6M	$41.1M	50x
Short	Gate MU_USDT	1,052.1	0	get 0.0000% / 8h	4h 52m	$62.1M	$27.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$30.24
Price spread: −0.001% → −0.037%: $3.6
Slippage, 4 orders: −$11.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$65.34
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago	0.62 bp	7.8 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	0.05 bp	9.9 bp −$10	13.7 bp −$137	32.4 bp −$3,245	53.6 bp −$26.8K

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	−0.0071%	4h	1,052.7	+0.052%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.6	+0.040%	$334K	$348K	20x	as long as short
Gate MU_USDTshort	0.0000%	8h	1,052.1	−0.001%	$62.1M	$27.4M	75x
GRVT MU_USDT_Perp	0.0000%	8h	1,052.6	+0.047%	$78K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,052.1	−0.008%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,053.9	+0.167%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.9	−0.026%	$130K	$431K	50x	as long as short
OKX MU-USDT-SWAP	+0.0007%	8h	1,052.1	−0.005%	$31.2M	$100.0M	50x	as long as short
Aftermath Perps MUUSD	+0.0016%	1h	1,052.2	+0.003%	$3K	$45K	10x	as long as short
Bybit MUUSDT	+0.0021%	8h	1,052.3	+0.013%	$19.3M	$32.3M	100x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MUUSD1	+0.0022%	8h	1,052.2	+0.005%	$21.4M	$55.0M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,052	−0.009%	$1.3M	$4.4M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.073%	$19K	$5K	12x	as long as short
QFEX MU-USD	+0.0034%	1h	1,052.3	+0.015%	$7.2M	$18.0M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,052.2	+0.005%	$71K	$234K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0045%	1h	1,052	−0.011%	$69K	$405K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.3	+0.115%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,052	−0.012%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052	−0.010%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.9	−0.022%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0053%	8h	1,052.4	+0.026%	$2K	—	5x	as long as short
Extended MU_24_5-USD	+0.0056%	1h	1,051.3	−0.079%	$564K	$1.1M	10x	as long as short
Variational Omni MU	+0.0057%	8h	1,052.6	+0.049%	$2.7M	$2.4M	—	as long as short
Nado MU-PERP	+0.0067%	1h	1,052	−0.009%	$282K	$844K	10x	as long as short
Bullet MU-USD	+0.0072%	1h	1,052.4	+0.024%	$25K	$397K	10x	as long as short
Lighter MU	+0.0080%	1h	1,051.9	−0.018%	$1.1M	$5.1M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,051.9	−0.018%	$758K	$1.2M	10x	as long as short
tradeXYZ xyz:MU	+0.0085%	1h	1,051.9	−0.022%	$178.8M	$99.1M	10x	as long as short
Binance MUUSDT	+0.0089%	8h	1,052	−0.008%	$126.8M	$517.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,052	−0.009%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,052	−0.010%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,052.2	+0.006%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.2	+0.010%	$837	$799	20x	as long as short
Aevo MU-PERP	+0.0104%	1h	1,052	−0.015%	$32K	$1K	10x	as long as short
Bitget MUUSDTlong	+0.0144%	8h	1,052.1	long leg	$20.6M	$41.1M	50x
BloFin MU-USDT	+0.0210%	8h	1,052.4	+0.028%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0304%	1h	1,052.7	+0.054%	$538K	$271K	15x	as long as short