MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0143%/8h= +15.7% APRnext payment +$1.43 per $10,000 · paid last 24h +0.022%

Price spread now: GRVT against Gate+0.028%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.336% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.028%, 7d avg +0.032%

Together, before fees+0.143%+ Points / potential airdropGRVT: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MU_USDT	1,044	0	get 0.0000% / 8h	2h 23m	$63.0M	$29.0M	75x
Short	GRVT MU_USDT_Perp	1,044.3	0.0143	get 0.0143% / 8h	2h 23m	$82K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now +0.028%Rate

Funding earned: $30.03
Price spread: +0.028% → +0.032%: −$0.4
Slippage, 4 orders: −$9.56
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$3.92
Costs to cover: 0.336%
Break-even: 7.9 days

Slippage from Gate: live order book, 6 min ago; GRVT: live order book, 5 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 Gate live order book, 6 min ago	0.05 bp	10.2 bp −$10	16.5 bp −$165	38.2 bp −$3,822	71.7 bp −$35.9K
Sell GRVT live order book, 5 min ago	1.20 bp	5.8 bp −$6	9.2 bp −$92	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	−0.0044%	4h	1,044.1	+0.011%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,044.4	+0.037%	$21.5M	$43.9M	20x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,044.1	+0.006%	$30.7M	$104.3M	50x	as long as short
Gate MU_USDTlong	0.0000%	8h	1,044	long leg	$63.0M	$29.0M	75x
StandX MU-USD	0.0000%	1h	1,042.9	−0.109%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.2	+0.208%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.8	−0.018%	$125K	$443K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,044	−0.005%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.8	−0.024%	$1.1M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.641%	$14K	$302	12x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,043.7	−0.034%	—	$193K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.7	−0.031%	$165K	$176K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.3	−0.071%	$2.0M	$2.7M	10x	as long as short
Variational Omni MU	+0.0053%	8h	1,044.3	+0.025%	$2.7M	$2.7M	—	as long as short
SoDEX MU-USD	+0.0054%	1h	1,044.1	+0.008%	$685K	$16K	10x	as long as short
QFEX MU-USD	+0.0057%	1h	1,044	−0.007%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0067%	8h	1,044	−0.002%	$20.5M	$42.9M	50x	as long as short
Binance MUUSDT	+0.0088%	8h	1,044.2	+0.014%	$124.9M	$540.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,043.3	−0.065%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.6	−0.038%	$5.2M	$4.0M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044.6	+0.052%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044	−0.003%	$830	$799	20x	as long as short
Aevo MU-PERP	+0.0104%	1h	1,043.9	−0.011%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0119%	8h	1,044	−0.006%	$2K	—	5x	as long as short
GRVT MU_USDT_Perpshort	+0.0143%	8h	1,044.3	+0.028%	$82K	$1.4M	10x
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.3	−0.074%	$756K	$1.6M	10x	as long as short
Bybit MUUSDT	+0.0172%	8h	1,044.2	+0.017%	$19.1M	$32.5M	100x	as long as short
Nado MU-PERP	+0.0197%	1h	1,042.9	−0.107%	$307K	$845K	10x	as long as short
tradeXYZ xyz:MU	+0.0198%	1h	1,044	−0.002%	$176.4M	$106.9M	10x	as long as short
RISEx MU/USDC	+0.0202%	1h	1,044.2	+0.020%	$286K	$332K	20x	as long as short
BloFin MU-USDT	+0.0203%	8h	1,044.2	+0.021%	$1.5M	$2.1M	20x	as long as short
Lighter MU	+0.0224%	1h	1,044	−0.005%	$1.0M	$4.8M	20x	as long as short
Arcus MU-USD	+0.0226%	1h	1,043.9	−0.012%	$63K	$236K	10x	as long as short
Phoenix MU	+0.0230%	1h	1,044.7	+0.065%	$534K	$303K	15x	as long as short
Bullet MU-USD	+0.0235%	1h	1,044.1	+0.007%	$25K	$399K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0316%	1h	1,043.7	−0.034%	$57K	$216K	10x	as long as short
Extended MU_24_5-USD	+0.0664%	1h	1,042.6	−0.131%	$541K	$1.1M	10x	as long as short