MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.026%

Price spread now: SunX against Bybit+0.079%7-day average +0.142% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$740.742% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.079%, 7d avg +0.142%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.062% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.142%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,047.8	0.0002	pay 0.0002% / 8h	3h 48m	$19.0M	$31.9M	100x
Short	SunX MU-USDT	1,048.6	0	get 0.0000% / 8h	3h 48m	$11K	$5.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$0.4
Price spread: +0.079% → +0.142%: −$6.25
Slippage, 4 orders: −$55.23
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$80.88
Costs to cover: 0.742%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 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 Bybit live order book, 5 min ago	0.48 bp	6.9 bp −$7	10.1 bp −$101	29.8 bp −$2,980	doesn't fit
Sell SunX live order book, 10 min ago	21.59 bp	32.8 bp −$33	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	−0.0827%	4h	1,049.7	+0.184%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,047.9	+0.014%	$21.3M	$55.7M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,047.9	+0.009%	$31.2M	$99.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,048.3	+0.046%	$338K	$351K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,047.2	−0.053%	$62.3M	$27.6M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,047.9	+0.005%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,049.1	+0.120%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,049.9	+0.198%	$82K	$1.4M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,048.3	+0.047%	$189K	$3.4M	20x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,048.6	+0.079%	$11K	$5.8M	10x

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,047.8	−0.001%	$73K	$461K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,048.3	+0.051%	$130K	$430K	50x	as long as short
Bybit MUUSDTlong	+0.0002%	8h	1,047.8	long leg	$19.0M	$31.9M	100x
Binance MUUSDT	+0.0005%	8h	1,047.6	−0.020%	$125.5M	$517.2M	50x	as long as short
BloFin MU-USDT	+0.0020%	8h	1,048	+0.018%	$1.5M	$2.0M	20x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,048.8	+0.099%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,048	+0.019%	$7.1M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,047.8	−0.003%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,047.6	−0.018%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,046.6	−0.110%	$563K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.340%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,048.9	+0.100%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,049	+0.117%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,047.3	−0.048%	$177.7M	$97.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,047.8	0.000%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,047.8	+0.001%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.7	−0.012%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,048.2	+0.035%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0059%	1h	1,047.8	−0.001%	$281K	$832K	10x	as long as short
Bullet MU-USD	+0.0065%	1h	1,048.1	+0.029%	$26K	$395K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,047.6	−0.017%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,048	+0.022%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,047.3	−0.049%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.1	+0.217%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048	+0.018%	$833	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.213%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,050.1	+0.220%	$537K	$271K	15x	as long as short