MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.035%

Price spread now: KuCoin against BloFin−0.032%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.233%−$23 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.032%, 7d avg −0.050%

Together, before fees−0.197%−$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MU-USDT	1,038.5	0.0120	pay 0.0120% / 8h	3m 06s	$1.5M	$2.1M	20x
Short	KuCoin MUUSDTM	1,038.2	0.0100	get 0.0100% / 8h	3m 06s	$5.2M	$4.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.032%Rate

Funding earned: −$4.2
Price spread: −0.032% → −0.050%: $1.84
Slippage, 4 orders: −$20.28
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$46.64
Costs to cover: 0.443%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 5 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	0.24 bp	7.4 bp −$7	8.6 bp −$86	14.8 bp −$1,478	doesn't fit
Sell KuCoin live order book, 5 min ago	3.52 bp	16.2 bp −$16	30.0 bp −$300	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	−0.0555%	4h	1,038.3	−0.025%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0131%	8h	1,038.8	+0.025%	$20.2M	$39.9M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,038.6	+0.010%	$21.2M	$67.8M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,038.5	−0.001%	$122.5M	$536.8M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,038.6	+0.008%	$18.8M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,038.3	−0.021%	$29.8M	$100.0M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,038.7	+0.019%	$312K	$385K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,038.4	−0.013%	$61.6M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,038.3	−0.024%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,038.4	−0.009%	$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	1,038.5	−0.004%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.9	+0.128%	$11K	$5.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,038.5	−0.001%	$74K	$621K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,038.4	−0.012%	$126K	$481K	50x	as long as short
Bullet MU-USD	+0.0006%	1h	1,038.6	+0.006%	$24K	$388K	10x	as long as short
Nado MU-PERP	+0.0018%	1h	1,038.5	−0.001%	$280K	$802K	10x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,038.3	−0.023%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,038.5	−0.005%	$7.0M	$18.7M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,038.5	−0.005%	$1.1M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,037.7	−0.078%	$544K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.234%	$19K	$5K	12x	as long as short
Lighter MU	+0.0040%	1h	1,038.7	+0.012%	$1.0M	$4.9M	20x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.9	−0.065%	$90K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,038.8	+0.023%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,038.4	−0.013%	$176.4M	$80.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,038.6	+0.006%	$168K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,038.5	−0.009%	$681K	$15K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,038.5	−0.005%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.6	−0.092%	$1.9M	$2.7M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,038.3	−0.023%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,038.3	−0.019%	$726K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,038.2	−0.037%	$145K	$191K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,038.2	−0.032%	$5.2M	$4.2M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,038.5	−0.006%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,038.6	+0.006%	$826	$799	20x	as long as short
BloFin MU-USDTlong	+0.0120%	8h	1,038.5	long leg	$1.5M	$2.1M	20x
Phoenix MU	+0.0232%	1h	1,038.4	−0.013%	$531K	$270K	15x	as long as short