MU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h −0.009%

Price spread now: SunX against Bitget+0.094%7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$161as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1461.456% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.153%−$15 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.094%, 7d avg +0.141%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.047% cheaper against Bitget than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.141%). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MUUSDT	1,030.7	−0.0099	get 0.0099% / 8h	7h 48m	$19.9M	$40.0M	50x
Short	SunX MU-USDT	1,031.7	0	get 0.0000% / 8h	7h 48m	$11K	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $20.79
Price spread: +0.094% → +0.141%: −$4.67
Slippage, 4 orders: −$125.55
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$129.43
Costs to cover: 1.456%
Break-even: 50.6 days

Slippage from Bitget: live order book, 6 min ago; SunX: live order book, 10 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	0.58 bp	9.1 bp −$9	12.5 bp −$125	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	56.58 bp	68.2 bp −$68	doesn't fit	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	−0.0378%	4h	1,032	+0.120%	$1.3M	$673K	10x	as long as short
Bitget MUUSDTlong	−0.0099%	8h	1,030.7	long leg	$19.9M	$40.0M	50x
Aster MUUSD1	0.0000%	8h	1,030.6	−0.017%	$21.1M	$68.4M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,030.7	−0.004%	$121.4M	$541.9M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,030.6	−0.011%	$18.6M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,030.5	−0.027%	$29.6M	$100.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,030.6	−0.012%	$310K	$380K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,030.5	−0.019%	$61.9M	$27.8M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,032.2	+0.145%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,032.4	+0.165%	$80K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,031.2	+0.046%	$186K	$3.6M	20x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,031.7	+0.094%	$11K	$5.4M	10x
HTX MU-USDT	0.0000%	8h	1,032.3	+0.150%	$120K	$493K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,032	+0.128%	$3K	$43K	10x	as long as short
QFEX MU-USD	+0.0027%	1h	1,030.4	−0.034%	$6.9M	$18.8M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,030.2	−0.049%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,029.9	−0.080%	$550K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+2.001%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,030.1	−0.065%	$89K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,030.4	−0.031%	—	$177K	25x	as long as short
Lighter MU	+0.0048%	1h	1,030.3	−0.040%	$993K	$4.9M	20x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,030.3	−0.042%	$174.6M	$80.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,029.8	−0.090%	$167K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,030.4	−0.028%	$676K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,030	−0.076%	$1.9M	$2.8M	10x	as long as short
Paradex MU-USD-PERP	+0.0055%	8h	1,030.5	−0.025%	$2K	—	5x	as long as short
Bullet MU-USD	+0.0073%	1h	1,030.8	+0.005%	$25K	$390K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,030.4	−0.035%	$32K	$1K	10x	as long as short
Nado MU-PERP	+0.0082%	1h	1,030.1	−0.063%	$272K	$806K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,032	+0.119%	$721K	$1.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,029.9	−0.077%	$146K	$194K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,030.1	−0.058%	$5.1M	$4.3M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,032.6	+0.179%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,030.2	−0.052%	$819	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,032.1	+0.132%	$1.5M	$2.2M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,030.5	−0.022%	$527K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0449%	1h	1,030.7	−0.008%	$73K	$624K	10x	as long as short