MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.065%

Price spread now: HTX against BloFin−0.031%59s7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.329% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.404%−$40 on $10k

Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.031%, 7d avg −0.013%

Together, before fees−0.326%−$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MU-USDT	1,043.1	0.0120	pay 0.0120% / 8h	2h 47m	$1.5M	$2.0M	20x
Short	HTX MU-USDT	1,042.8	0	get 0.0000% / 8h	2h 47m	$128K	$440K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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 BloFinbpFee HTXbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$25.2
Price spread: −0.031% → −0.013%: −$1.81
Slippage, 4 orders: −$8.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$59.89
Costs to cover: 0.329%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; HTX: live order book, 1 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 BloFin live order book, 5 min ago	0.43 bp	6.4 bp −$6	7.0 bp −$70	9.4 bp −$945	doesn't fit
Sell HTX live order book, 1 min ago	3.16 bp	10.6 bp −$11	10.8 bp −$108	17.5 bp −$1,749	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	−0.0861%	4h	1,043.3	+0.018%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,042.5	−0.059%	$21.2M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,041.9	−0.114%	$122.8M	$525.5M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,042	−0.102%	$18.6M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,041.8	−0.121%	$30.4M	$99.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,042.3	−0.080%	$336K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,041.8	−0.124%	$61.8M	$27.9M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,042.1	−0.099%	$20.4M	$41.1M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.4	+0.031%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,043.6	+0.050%	$83K	$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	1,042.7	−0.037%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.3	+0.118%	$11K	$5.7M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,042.4	−0.071%	$73K	$502K	10x	as long as short
HTX MU-USDTshort	0.0000%	8h	1,042.8	−0.031%	$128K	$440K	50x
Nado MU-PERP	+0.0004%	1h	1,041.8	−0.121%	$281K	$820K	10x	as long as short
Bullet MU-USD	+0.0011%	1h	1,041.9	−0.114%	$26K	$392K	10x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,042.3	−0.072%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,041.8	−0.121%	$7.0M	$18.0M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,042	−0.101%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,041.3	−0.169%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.793%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.6	−0.052%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,042.5	−0.058%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,041.6	−0.143%	$177.0M	$93.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,041.7	−0.133%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,042.6	−0.045%	$684K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,041.6	−0.143%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,042.1	−0.097%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,041.4	−0.159%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,041.9	−0.112%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,041.9	−0.112%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,043.3	+0.017%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,041.9	−0.118%	$828	$799	20x	as long as short
Lighter MU	+0.0112%	1h	1,042.1	−0.093%	$1.1M	$4.9M	20x	as long as short
BloFin MU-USDTlong	+0.0120%	8h	1,043.1	long leg	$1.5M	$2.0M	20x
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,043.3	+0.022%	$745K	$1.2M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,043.3	+0.020%	$534K	$270K	15x	as long as short