MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h −0.007%

Price spread now: Extended against Coinbase International+0.104%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.104%, 7d avg −0.006%

Together, before fees−0.167%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.110% dearer against Coinbase International than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MU-PERP-INTX	1,030.9	0.0096	pay 0.0012% / 1h	1m 19s	$720K	$1.1M	10x
Short	Extended MU_24_5-USD	1,032	0.0224	get 0.0028% / 1h	1m 19s	$542K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.104%Rate

Funding earned: $26.88
Price spread: +0.104% → −0.006%: $10.99
Slippage, 4 orders: −$11.7
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $11.17
Costs to cover: 0.267%
Break-even: 4.1 days

Slippage from Coinbase International: live order book, 2 min ago; Extended: live order book, 2 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 Coinbase International live order book, 2 min ago	3.34 bp	8.4 bp −$8	10.8 bp −$108	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.05 bp	3.1 bp −$3	10.4 bp −$104	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	−0.0053%	4h	1,033.2	+0.218%	$1.3M	$695K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,033.4	+0.238%	$21.1M	$69.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,033.1	+0.212%	$121.6M	$550.7M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,033.1	+0.214%	$29.1M	$104.4M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,032.8	+0.178%	$294K	$375K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,033	+0.203%	$61.6M	$28.8M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,033.1	+0.212%	$19.5M	$41.8M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,032.5	+0.151%	$2.5M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,032.1	+0.110%	$187K	$3.7M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,034.4	+0.334%	$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	1,032.6	+0.157%	$119K	$493K	50x	as long as short
QFEX MU-USD	+0.0027%	1h	1,033.2	+0.221%	$7.0M	$19.0M	10x	as long as short
Aftermath Perps MUUSD	+0.0029%	1h	1,032.1	+0.116%	$3K	$43K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,033	+0.202%	$1.1M	$4.6M	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	1,032.9	+0.190%	$90K	$234K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,033.4	+0.238%	—	$179K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,032.9	+0.191%	$167K	$177K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,032.1	+0.109%	$1.9M	$3.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,032.7	+0.170%	$32K	$1K	10x	as long as short
Paradex MU-USD-PERP	+0.0088%	8h	1,033	+0.203%	$2K	—	5x	as long as short
Coinbase International MU-PERP-INTXlong	+0.0096%	1h	1,030.9	long leg	$720K	$1.1M	10x
Pacifica MU	+0.0100%	1h	1,033.2	+0.223%	$146K	$214K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,032.3	+0.128%	$5.1M	$5.0M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,033.2	+0.216%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,033.1	+0.207%	$821	$799	20x	as long as short
Nado MU-PERP	+0.0116%	1h	1,032.2	+0.123%	$264K	$811K	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,033.1	+0.206%	$1.4M	$2.3M	20x	as long as short
SoDEX MU-USD	+0.0124%	1h	1,032.8	+0.185%	$678K	$14K	10x	as long as short
Bybit MUUSDT	+0.0126%	8h	1,033.1	+0.208%	$18.7M	$32.5M	100x	as long as short
tradeXYZ xyz:MU	+0.0130%	1h	1,032.7	+0.172%	$174.8M	$78.3M	10x	as long as short
Lighter MU	+0.0144%	1h	1,033.2	+0.221%	$997K	$5.1M	20x	as long as short
Bullet MU-USD	+0.0182%	1h	1,033.2	+0.220%	$26K	$388K	10x	as long as short
Extended MU_24_5-USDshort	+0.0224%	1h	1,032	+0.104%	$542K	$1.1M	10x
Phoenix MU	+0.0231%	1h	1,032.7	+0.172%	$529K	$270K	15x	as long as short
GRVT MU_USDT_Perp	+0.0373%	8h	1,033.3	+0.231%	$81K	$1.4M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0389%	1h	1,032.8	+0.182%	$72K	$636K	10x	as long as short