MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.013%

Price spread now: RISEx against Coinbase International+0.027%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Coinbase International Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.078%−$8 on $10k

Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.027%, 7d avg +0.047%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.078%, 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	1,048.4	0.0184	pay 0.0023% / 1h	52m 40s	$760K	$1.3M	10x
Short	RISEx MU/USDC	1,048.7	0.0312	get 0.0039% / 1h	52m 40s	$315K	$339K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.027%Rate

Funding earned: $26.82
Price spread: +0.027% → +0.047%: −$2
Slippage, 4 orders: −$10.42
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$1.59
Costs to cover: 0.264%
Break-even: 7.4 days

Slippage from Coinbase International: live order book, 1 min ago; RISEx: live order book, 21 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, 1 min ago	1.72 bp	7.1 bp −$7	13.2 bp −$132	doesn't fit	doesn't fit
Sell RISEx live order book, 21 min ago	1.72 bp	4.7 bp −$5	5.6 bp −$56	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	−0.0946%	4h	1,047	−0.142%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.4	−0.007%	$63.2M	$28.4M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,047.7	−0.074%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.1	+0.155%	$11K	$6.3M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,048.3	−0.010%	$130K	$418K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,046.5	−0.186%	$3K	$44K	10x	as long as short
Lighter MU	+0.0032%	1h	1,048.5	+0.001%	$1.1M	$4.7M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,048.5	+0.002%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.217%	$14K	$251	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.9	+0.039%	—	$194K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.6	−0.079%	$2.0M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,048.5	+0.003%	$7.8M	$23.4M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0074%	1h	1,048.5	+0.006%	$62K	$292K	10x	as long as short
Nado MU-PERP	+0.0075%	1h	1,048.2	−0.023%	$272K	$860K	10x	as long as short
OKX MU-USDT-SWAP	+0.0088%	8h	1,048.6	+0.018%	$30.9M	$101.5M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,048	−0.039%	$153K	$180K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,048	−0.045%	$5.3M	$3.7M	20x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048.1	−0.030%	$833	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0106%	8h	1,048.6	+0.018%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,048.1	−0.031%	$32K	$1K	10x	as long as short
Variational Omni MU	+0.0168%	8h	1,048.2	−0.027%	$2.7M	$2.5M	—	as long as short
Bitget MUUSDT	+0.0169%	8h	1,048.5	+0.005%	$20.6M	$41.4M	50x	as long as short
Aster MUUSD1	+0.0182%	8h	1,048.1	−0.029%	$21.6M	$47.8M	20x	as long as short
Coinbase International MU-PERP-INTXlong	+0.0184%	1h	1,048.4	long leg	$760K	$1.3M	10x
Binance MUUSDT	+0.0188%	8h	1,048.5	+0.008%	$125.6M	$524.2M	50x	as long as short
GRVT MU_USDT_Perp	+0.0195%	8h	1,048	−0.045%	$82K	$1.4M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,047.7	−0.075%	$71K	$243K	10x	as long as short
Bybit MUUSDT	+0.0256%	8h	1,048.8	+0.035%	$19.2M	$32.5M	100x	as long as short
BloFin MU-USDT	+0.0307%	8h	1,048.6	+0.014%	$1.5M	$2.0M	20x	as long as short
RISEx MU/USDCshort	+0.0312%	1h	1,048.7	+0.027%	$315K	$339K	20x
SoDEX MU-USD	+0.0335%	1h	1,048.6	+0.015%	$688K	$16K	10x	as long as short
Phoenix MU	+0.0383%	1h	1,048.9	+0.044%	$536K	$306K	15x	as long as short
ApeX Omni MUUSDT	+0.0451%	1h	1,048.3	−0.010%	$71K	$267K	50x	as long as short
Extended MU_24_5-USD	+0.0600%	1h	1,048.2	−0.026%	$552K	$1.0M	10x	as long as short
Polymarket Perps MU-USD	+0.0625%	1h	1,048.4	−0.004%	$170K	$202K	10x	as long as short
tradeXYZ xyz:MU	+0.0862%	1h	1,048.4	−0.004%	$177.7M	$100.4M	10x	as long as short
Bullet MU-USD	+0.0874%	1h	1,048.4	−0.002%	$26K	$394K	10x	as long as short