MU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.034%

Price spread now: Aftermath Perps against Coinbase International−0.030%51s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.030% cheaper against Coinbase International than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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	Coinbase International MU-PERP-INTX	1,050	0.0120	pay 0.0015% / 1h	53m 22s	$757K	$1.2M	10x
Short	Aftermath Perps MUUSD	1,049.7	0.0023	get 0.0003% / 1h	53m 22s	$3K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Coinbase International. 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 Coinbase InternationalbpFee Aftermath PerpsbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$20.34
Price spread: −0.030% → 0.000%: −$3.01
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$42.35
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

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 Coinbase International live order book, 5 min ago	2.90 bp	8.3 bp −$8	12.5 bp −$125	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0403%	4h	1,049.7	−0.034%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,050.3	+0.024%	$21.4M	$55.1M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,049.8	−0.018%	$31.3M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050	−0.004%	$339K	$351K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.7	−0.032%	$62.6M	$27.6M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,050	−0.008%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,049.7	−0.028%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.4	+0.040%	$81K	$1.4M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,049.5	−0.048%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.6	+0.052%	$11K	$5.8M	10x	as long as short

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	1,049.7	−0.028%	$73K	$458K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.9	−0.017%	$131K	$430K	50x	as long as short
Bybit MUUSDT	+0.0006%	8h	1,049.9	−0.014%	$19.0M	$31.9M	100x	as long as short
Binance MUUSDT	+0.0012%	8h	1,049.7	−0.029%	$125.9M	$516.7M	50x	as long as short
Aftermath Perps MUUSDshort	+0.0023%	1h	1,049.7	−0.030%	$3K	$44K	10x
QFEX MU-USD	+0.0032%	1h	1,049.7	−0.029%	$7.1M	$17.8M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.7	−0.030%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,049	−0.095%	$563K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.127%	$19K	$5K	12x	as long as short
Lighter MU	+0.0040%	1h	1,049.7	−0.030%	$1.1M	$5.0M	20x	as long as short
Arcus MU-USD	+0.0040%	1h	1,049.8	−0.022%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.6	+0.056%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049.2	−0.079%	$178.1M	$97.0M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.5	−0.050%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.8	−0.021%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.8	−0.120%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,049.9	−0.008%	$2K	—	5x	as long as short
BloFin MU-USDT	+0.0059%	8h	1,049.9	−0.011%	$1.5M	$2.0M	20x	as long as short
Nado MU-PERP	+0.0066%	1h	1,049.7	−0.034%	$282K	$833K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,049.3	−0.072%	$32K	$1K	10x	as long as short
Bullet MU-USD	+0.0084%	1h	1,049.7	−0.030%	$26K	$395K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.7	−0.034%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.7	−0.031%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.3	+0.021%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049.7	−0.034%	$834	$799	20x	as long as short
Coinbase International MU-PERP-INTXlong	+0.0120%	1h	1,050	long leg	$757K	$1.2M	10x
Phoenix MU	+0.0305%	1h	1,050.1	+0.007%	$537K	$271K	15x	as long as short