MU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0119%/8h= −13.0% APRnext payment −$0.15 per $10,000 · paid last 24h −0.040%

Price spread now: Injective against Coinbase International+1.728%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.349%−$35 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 1.728% dearer against Coinbase International than usual: you sell high and buy low (spread +1.728% now, against zero (this spread has no 7-day history yet)): +$173 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 49 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MU-PERP-INTX	1,033.5	0.0152	pay 0.0019% / 1h	19m 25s	$732K	$1.2M	10x
Short	Injective MU/USDC PERP	1,051.4	0.0033	get 0.0004% / 1h	19m 25s	$19K	$5K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now +1.728%Rate

Funding earned: −$24.92
Price spread: +1.728% → 0.000%: $172.81
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $137.87
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 2 min ago; Injective: 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, 2 min ago	3.97 bp	9.0 bp −$9	12.2 bp −$122	69.3 bp −$6,929	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 exchanges

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	−0.0261%	4h	1,033.3	−0.021%	$1.3M	$695K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,033.7	+0.023%	$21.1M	$72.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,033.2	−0.027%	$120.5M	$550.0M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,033.3	−0.024%	$29.4M	$106.4M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,032.9	−0.060%	$61.5M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,033.1	−0.035%	$19.7M	$42.8M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,033.1	−0.037%	$2.6M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,033.3	−0.017%	$187K	$3.7M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,034.7	+0.112%	$11K	$5.1M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,032.3	−0.119%	$45K	$694K	10x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	1,032.7	−0.079%	$119K	$486K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,032.7	−0.075%	$1.1M	$4.5M	10x	as long as short
Aftermath Perps MUUSD	+0.0032%	1h	1,033.2	−0.030%	$3K	$42K	10x	as long as short
Injective MU/USDC PERPshort	+0.0033%	1h	1,051.4	+1.728%	$19K	$5K	12x
Vest MU-USD-PERP	+0.0046%	1h	1,033.6	+0.006%	—	$177K	25x	as long as short
Bybit MUUSDT	+0.0046%	8h	1,033.2	−0.027%	$18.8M	$32.5M	100x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,033	−0.048%	$167K	$178K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,033.1	−0.044%	$678K	$13K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,031.9	−0.153%	$1.9M	$3.2M	10x	as long as short
QFEX MU-USD	+0.0059%	1h	1,032.8	−0.064%	$7.0M	$19.0M	10x	as long as short
Paradex MU-USD-PERP	+0.0066%	8h	1,033	−0.046%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,032.6	−0.086%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,032.8	−0.073%	$146K	$223K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,033.1	−0.041%	$5.2M	$5.6M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,033.6	+0.005%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,033.2	−0.028%	$821	$799	20x	as long as short
RISEx MU/USDC	+0.0107%	1h	1,033.5	−0.005%	$295K	$350K	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,033.2	−0.032%	$1.4M	$2.4M	20x	as long as short
Nado MU-PERP	+0.0124%	1h	1,032.6	−0.086%	$269K	$840K	10x	as long as short
GRVT MU_USDT_Perp	+0.0130%	8h	1,033.4	−0.009%	$76K	$1.4M	10x	as long as short
Lighter MU	+0.0136%	1h	1,032.8	−0.064%	$1.0M	$5.0M	20x	as long as short
Arcus MU-USD	+0.0139%	1h	1,032.6	−0.089%	$90K	$148K	10x	as long as short
Coinbase International MU-PERP-INTXlong	+0.0152%	1h	1,033.5	long leg	$732K	$1.2M	10x
tradeXYZ xyz:MU	+0.0179%	1h	1,032.9	−0.058%	$174.9M	$75.6M	10x	as long as short
Bullet MU-USD	+0.0215%	1h	1,033.2	−0.026%	$25K	$386K	10x	as long as short
Extended MU_24_5-USD	+0.0264%	1h	1,032.3	−0.119%	$549K	$1.1M	10x	as long as short
Phoenix MU	+0.0310%	1h	1,033.6	+0.010%	$529K	$269K	15x	as long as short