MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.001%

Price spread now: KuCoin against GRVT+0.009%7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

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

costs, in and out, $10k−$420.422% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.009%, 7d avg −0.070%

Together, before fees−0.032%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.078% dearer against GRVT than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT MU_USDT_Perp	1,048	0	get 0.0000% / 8h	3h 44m	$82K	$1.4M	10x
Short	KuCoin MUUSDTM	1,048.1	0.0100	get 0.0100% / 8h	3h 44m	$5.3M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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 GRVTbpFee KuCoinbpOrdersPrice spread, now +0.009%Rate

Funding earned: $21
Price spread: +0.009% → −0.070%: $7.85
Slippage, 4 orders: −$21.2
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$13.35
Costs to cover: 0.422%
Break-even: 11.5 days

Slippage from GRVT: live order book, 3 min ago; KuCoin: live order book, 3 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 GRVT live order book, 3 min ago	0.05 bp	5.9 bp −$6	8.4 bp −$84	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	2.96 bp	14.4 bp −$14	26.5 bp −$265	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	−0.0933%	4h	1,048.6	+0.061%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,048.6	+0.059%	$21.4M	$55.8M	20x	as long as short
Bybit MUUSDT	0.0000%	8h	1,048.2	+0.023%	$19.0M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,048	+0.004%	$31.2M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,048	+0.001%	$338K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,048	+0.006%	$62.3M	$27.6M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,048.2	+0.022%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,048.6	+0.056%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perplong	0.0000%	8h	1,048	long leg	$82K	$1.4M	10x
StandX MU-USD	0.0000%	1h	1,048.5	+0.046%	$190K	$3.4M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MU-USDT	0.0000%	8h	1,048.5	+0.046%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,047.4	−0.052%	$130K	$431K	50x	as long as short
Binance MUUSDT	+0.0001%	8h	1,048	+0.006%	$125.6M	$517.8M	50x	as long as short
BloFin MU-USDT	+0.0003%	8h	1,048.3	+0.026%	$1.5M	$2.0M	20x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,048.2	+0.023%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,047.6	−0.032%	$7.1M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,048	+0.004%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,048	+0.001%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,047.6	−0.037%	$553K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.323%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,048.3	+0.031%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.9	+0.089%	—	$176K	25x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0046%	1h	1,047.7	−0.024%	$73K	$463K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,047.2	−0.074%	$177.6M	$97.4M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,047.3	−0.065%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,048	+0.004%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.4	−0.053%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,047.5	−0.041%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0054%	1h	1,048	+0.006%	$282K	$830K	10x	as long as short
Bullet MU-USD	+0.0060%	1h	1,048.1	+0.011%	$26K	$394K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,047.6	−0.035%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,048.2	+0.024%	$148K	$185K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,048.1	+0.009%	$5.3M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,048.1	+0.010%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048	+0.006%	$833	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.196%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,048.5	+0.050%	$536K	$271K	15x	as long as short