MU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.017%

Price spread now: Bitget against Bybit−0.016%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$310.310% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 7 days+0.038%+$4 · spread now −0.016%, 7d avg +0.007%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.024% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.007%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,030.9	0.0067	pay 0.0067% / 8h	7h 12m	$18.7M	$32.4M	100x
Short	Bitget MUUSDT	1,030.8	0	get 0.0000% / 8h	7h 12m	$19.7M	$41.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$14.11
Price spread: −0.016% → +0.007%: −$2.36
Slippage, 4 orders: −$7.99
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$47.46
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago	1.02 bp	7.7 bp −$8	12.1 bp −$121	29.4 bp −$2,940	doesn't fit
Sell Bitget live order book, 1 min ago	0.05 bp	7.6 bp −$8	9.8 bp −$98	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	−0.0476%	4h	1,031.4	+0.043%	$1.3M	$696K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,031.2	+0.022%	$21.0M	$69.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,030.8	−0.012%	$121.8M	$549.7M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,031.4	+0.041%	$29.2M	$103.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,031.1	+0.018%	$293K	$378K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,030.6	−0.028%	$61.5M	$28.6M	75x	as long as short
Bitget MUUSDTshort	0.0000%	8h	1,030.8	−0.016%	$19.7M	$41.1M	50x
Variational Omni MU	0.0000%	8h	1,031.9	+0.093%	$2.5M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,031.1	+0.012%	$186K	$3.7M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,031.8	+0.085%	$11K	$5.3M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	1,030.8	−0.014%	$118K	$494K	50x	as long as short
QFEX MU-USD	+0.0027%	1h	1,030.8	−0.010%	$7.0M	$19.0M	10x	as long as short
Aftermath Perps MUUSD	+0.0028%	1h	1,029.8	−0.113%	$3K	$43K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,030.3	−0.066%	$1.1M	$4.5M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.982%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,030.7	−0.026%	$89K	$234K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,031.2	+0.022%	—	$179K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,031.4	+0.046%	$167K	$177K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,030.6	−0.034%	$1.9M	$3.2M	10x	as long as short
Extended MU_24_5-USD	+0.0064%	1h	1,030	−0.088%	$539K	$1.1M	10x	as long as short
Bybit MUUSDTlong	+0.0067%	8h	1,030.9	long leg	$18.7M	$32.4M	100x
Paradex MU-USD-PERP	+0.0076%	8h	1,030.8	−0.015%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,030.3	−0.058%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,030.9	0.000%	$720K	$1.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,030.9	−0.005%	$146K	$194K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,030	−0.091%	$5.1M	$4.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,031.8	+0.081%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,030.4	−0.051%	$819	$799	20x	as long as short
Nado MU-PERP	+0.0103%	1h	1,029.7	−0.119%	$263K	$813K	10x	as long as short
tradeXYZ xyz:MU	+0.0106%	1h	1,030.2	−0.071%	$174.2M	$79.1M	10x	as long as short
Lighter MU	+0.0112%	1h	1,030.5	−0.047%	$998K	$5.1M	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,030.7	−0.027%	$1.4M	$2.3M	20x	as long as short
SoDEX MU-USD	+0.0139%	1h	1,030.6	−0.029%	$676K	$15K	10x	as long as short
Bullet MU-USD	+0.0154%	1h	1,030.8	−0.009%	$26K	$389K	10x	as long as short
Phoenix MU	+0.0231%	1h	1,031.3	+0.036%	$528K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0265%	1h	1,030.1	−0.078%	$72K	$632K	10x	as long as short
GRVT MU_USDT_Perp	+0.0325%	8h	1,031.6	+0.070%	$82K	$1.4M	10x	as long as short