MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0006%/8h= −0.6% APRnext payment −$0.06 per $10,000 · paid last 24h −0.026%

Price spread now: Gate against Bybit−0.022%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 7 days−0.019%−$2 · spread now −0.022%, 7d avg −0.028%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,050.7	0.0006	pay 0.0006% / 8h	5h 37m	$19.2M	$32.3M	100x
Short	Gate MU_USDT	1,050.5	0	get 0.0000% / 8h	5h 37m	$62.1M	$27.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.022%Rate

Funding earned: −$1.16
Price spread: −0.022% → −0.028%: $0.65
Slippage, 4 orders: −$13.25
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$39.77
Costs to cover: 0.393%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Gate: 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	0.14 bp	8.1 bp −$8	10.7 bp −$107	28.8 bp −$2,878	doesn't fit
Sell Gate live order book, 1 min ago	0.90 bp	10.8 bp −$11	15.7 bp −$157	35.9 bp −$3,595	62.5 bp −$31.2K

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	−0.0447%	4h	1,050	−0.069%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.7	−0.001%	$333K	$348K	20x	as long as short
Gate MU_USDTshort	0.0000%	8h	1,050.5	−0.022%	$62.1M	$27.4M	75x
StandX MU-USD	0.0000%	1h	1,050.1	−0.055%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.2	+0.148%	$11K	$5.9M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.3	−0.034%	$129K	$428K	50x	as long as short
GRVT MU_USDT_Perp	+0.0003%	8h	1,050.3	−0.041%	$79K	$1.3M	10x	as long as short
Bybit MUUSDTlong	+0.0006%	8h	1,050.7	long leg	$19.2M	$32.3M	100x
Aftermath Perps MUUSD	+0.0020%	1h	1,049.9	−0.070%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.5	−0.020%	$7.2M	$18.3M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0030%	8h	1,050.7	+0.003%	$31.0M	$99.9M	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.2	−0.042%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.065%	$19K	$5K	12x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0036%	1h	1,050.3	−0.039%	$67K	$364K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.1	−0.054%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.3	+0.055%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.4	−0.028%	$1.1M	$4.9M	20x	as long as short
Extended MU_24_5-USD	+0.0048%	1h	1,049.8	−0.086%	$564K	$1.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.2	−0.046%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.4	−0.024%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.9	−0.072%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0057%	8h	1,050.5	−0.019%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0068%	1h	1,050.3	−0.038%	$282K	$849K	10x	as long as short
tradeXYZ xyz:MU	+0.0072%	1h	1,050.1	−0.055%	$178.2M	$99.1M	10x	as long as short
Aster MUUSD1	+0.0086%	8h	1,050.4	−0.028%	$21.4M	$52.1M	20x	as long as short
Bullet MU-USD	+0.0089%	1h	1,050.6	−0.011%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.070%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050	−0.067%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.1	−0.051%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,049.8	−0.084%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.5	−0.020%	$835	$799	20x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,050.1	−0.054%	$32K	$1K	10x	as long as short
Variational Omni MU	+0.0128%	8h	1,049.8	−0.088%	$2.7M	$2.4M	—	as long as short
Bitget MUUSDT	+0.0137%	8h	1,050.4	−0.030%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0147%	8h	1,050.4	−0.023%	$126.5M	$518.2M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.2	−0.046%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0269%	8h	1,050.6	−0.005%	$1.5M	$2.0M	20x	as long as short