MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$1.60 per $10,000 · paid last 24h −0.021%

Price spread now: HTX against Bitget−0.002%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

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

costs, in and out, $10k−$360.355% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.002%, 7d avg −0.004%

Together, before fees−0.145%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MUUSDT	1,048.3	0.0160	pay 0.0160% / 8h	7h 53m	$20.6M	$41.5M	50x
Short	HTX MU-USDT	1,048.3	0	get 0.0000% / 8h	7h 53m	$130K	$418K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$33.6
Price spread: −0.002% → −0.004%: $0.21
Slippage, 4 orders: −$11.53
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$68.92
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; HTX: live order book, 20 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, 5 min ago	0.53 bp	8.4 bp −$8	11.9 bp −$119	doesn't fit	doesn't fit
Sell HTX live order book, 20 min ago	1.72 bp	9.4 bp −$9	9.4 bp −$94	14.9 bp −$1,487	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	−0.0946%	4h	1,047	−0.126%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.2	−0.007%	$63.1M	$28.3M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,047.7	−0.058%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.3	+0.191%	$11K	$6.4M	10x	as long as short
HTX MU-USDTshort	0.0000%	8h	1,048.3	−0.002%	$130K	$418K	50x
Aftermath Perps MUUSD	+0.0023%	1h	1,046.2	−0.196%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,048.2	−0.007%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.233%	$14K	$251	12x	as long as short
Lighter MU	+0.0040%	1h	1,048.3	+0.003%	$1.1M	$4.7M	20x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.9	+0.055%	—	$194K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.5	−0.077%	$2.0M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,048.4	+0.010%	$7.8M	$23.4M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0055%	1h	1,048.5	+0.021%	$62K	$292K	10x	as long as short
Nado MU-PERP	+0.0075%	1h	1,048.2	−0.007%	$272K	$860K	10x	as long as short
OKX MU-USDT-SWAP	+0.0087%	8h	1,048.4	+0.013%	$30.9M	$101.5M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,048.5	+0.021%	$153K	$180K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,047.9	−0.036%	$5.3M	$3.7M	20x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048.6	+0.031%	$834	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0107%	8h	1,048.6	+0.035%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,048.6	+0.028%	$34K	—	10x	as long as short
Bitget MUUSDTlong	+0.0160%	8h	1,048.3	long leg	$20.6M	$41.5M	50x
Variational Omni MU	+0.0168%	8h	1,048.2	−0.011%	$2.7M	$2.5M	—	as long as short
Aster MUUSD1	+0.0180%	8h	1,047.8	−0.041%	$21.6M	$47.8M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,046.7	−0.154%	$759K	$1.3M	10x	as long as short
Binance MUUSDT	+0.0187%	8h	1,048.4	+0.010%	$125.3M	$524.7M	50x	as long as short
GRVT MU_USDT_Perp	+0.0195%	8h	1,048	−0.029%	$82K	$1.4M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,047.5	−0.074%	$71K	$243K	10x	as long as short
BloFin MU-USDT	+0.0303%	8h	1,048.4	+0.013%	$1.5M	$2.0M	20x	as long as short
Bybit MUUSDT	+0.0307%	8h	1,048.4	+0.016%	$19.2M	$32.5M	100x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,048.4	+0.011%	$315K	$339K	20x	as long as short
SoDEX MU-USD	+0.0418%	1h	1,048.4	+0.012%	$688K	$16K	10x	as long as short
ApeX Omni MUUSDT	+0.0451%	1h	1,048.3	+0.006%	$71K	$267K	50x	as long as short
Phoenix MU	+0.0460%	1h	1,048	−0.026%	$536K	$306K	15x	as long as short
Extended MU_24_5-USD	+0.0616%	1h	1,047.7	−0.051%	$550K	$1.0M	10x	as long as short
Polymarket Perps MU-USD	+0.0781%	1h	1,048.4	+0.012%	$170K	$202K	10x	as long as short
tradeXYZ xyz:MU	+0.0990%	1h	1,048.5	+0.022%	$177.7M	$100.4M	10x	as long as short
Bullet MU-USD	+0.1027%	1h	1,048.7	+0.041%	$26K	$394K	10x	as long as short