Funding you earn now, next payment 08:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.60 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Bitget−0.064%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.064%, 7d avg −0.050%
=The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$2 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 | 1,048.4 | 0.0160 | pay 0.0160% / 8h | 7h 53m | $20.6M | $41.5M | 50x |
| Short | KuCoin MUUSDTM | 1,047.7 | 0.0100 | get 0.0100% / 8h | 7h 53m | $5.3M | $3.7M | 20x |
Bitget MUUSDT
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.6
- Price spread: −0.064% → −0.050%
- −$1.35
- Slippage, 4 orders
- −$32.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$70.38
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 6 min ago; KuCoin: live order book, 4 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, 6 min ago | 0.53 bp | 8.4 bp −$8 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.10 bp | 11.7 bp −$12 | 36.6 bp −$366 | 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 | −0.0946% | 4h | 1,047 | −0.136% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.2 | −0.013% | $63.1M | $28.3M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.7 | −0.069% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,050.3 | +0.180% | $11K | $6.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.3 | −0.012% | $130K | $418K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,046.5 | −0.181% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.2 | −0.017% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.222% | $14K | $251 | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,048.3 | −0.008% | $1.1M | $4.7M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,048.9 | +0.045% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
Vest MU-USD-PERPShow 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 | −0.088% | $2.0M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,048.4 | 0.000% | $7.8M | $23.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0055% | 1h | 1,048.5 | +0.010% | $62K | $292K | 10x | as long as short |
| Nado MU-PERP | +0.0075% | 1h | 1,048.2 | −0.017% | $272K | $860K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0087% | 8h | 1,048.5 | +0.010% | $30.9M | $101.5M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.5 | +0.010% | $153K | $180K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,047.7 | −0.064% | $5.3M | $3.7M | 20x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.1 | −0.024% | $833 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0107% | 8h | 1,048.6 | +0.025% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,048.1 | −0.025% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDTlong | +0.0160% | 8h | 1,048.4 | long leg | $20.6M | $41.5M | 50x | |
| Variational Omni MU | +0.0168% | 8h | 1,048.2 | −0.022% | $2.7M | $2.5M | — | as long as short |
| Aster MUUSD1 | +0.0180% | 8h | 1,047.7 | −0.061% | $21.6M | $47.8M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,046.7 | −0.164% | $759K | $1.3M | 10x | as long as short |
| Binance MUUSDT | +0.0187% | 8h | 1,048.4 | +0.006% | $125.4M | $524.7M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0195% | 8h | 1,048 | −0.039% | $82K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,047.5 | −0.085% | $71K | $243K | 10x | as long as short |
| BloFin MU-USDT | +0.0303% | 8h | 1,048.4 | +0.003% | $1.5M | $2.0M | 20x | as long as short |
| Bybit MUUSDT | +0.0307% | 8h | 1,048.8 | +0.044% | $19.2M | $32.5M | 100x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,048.4 | 0.000% | $315K | $339K | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.9 | +0.050% | $536K | $306K | 15x | as long as short |
| SoDEX MU-USD | +0.0418% | 1h | 1,048.4 | +0.002% | $688K | $16K | 10x | as long as short |
| ApeX Omni MUUSDT | +0.0451% | 1h | 1,048.3 | −0.005% | $71K | $267K | 50x | as long as short |
| Extended MU_24_5-USD | +0.0600% | 1h | 1,048 | −0.035% | $550K | $1.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0625% | 1h | 1,048.4 | +0.002% | $170K | $202K | 10x | as long as short |
| Bullet MU-USD | +0.0874% | 1h | 1,048.4 | +0.003% | $26K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0942% | 1h | 1,048.1 | −0.027% | $177.6M | $100.4M | 10x | as long as short |
Ondo Perps MU-USD.P
QFEX MU-USD
Deribit MU_USDC-PERPETUAL
Nado MU-PERP
OKX MU-USDT-SWAP
Pacifica MU
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Aevo MU-PERP
Variational Omni MU
Aster MUUSD1
Coinbase International MU-PERP-INTX
Binance MUUSDT
GRVT MU_USDT_Perp
Arcus MU-USD
BloFin MU-USDT
Bybit MUUSDT
RISEx MU/USDC
Phoenix MU
SoDEX MU-USD
ApeX Omni MUUSDT
Extended MU_24_5-USD
Polymarket Perps MU-USD
Bullet MU-USD
tradeXYZ xyz:MU