MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h +0.013%

Price spread now: Bitget against HTX−0.004%46s7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.353% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.004%, 7d avg +0.004%

Together, before fees+0.191%+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MU-USDT	1,043.9	0	get 0.0000% / 8h	1h 36m	$125K	$441K	50x
Short	Bitget MUUSDT	1,043.9	0.0089	get 0.0089% / 8h	1h 36m	$20.4M	$42.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now −0.004%Rate

Funding earned: $18.69
Price spread: −0.004% → +0.004%: −$0.78
Slippage, 4 orders: −$11.31
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$17.41
Costs to cover: 0.353%
Break-even: 13.5 days

Slippage from HTX: live order book, 47 min ago; Bitget: 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 HTX live order book, 47 min ago	3.40 bp	10.6 bp −$11	15.1 bp −$151	24.0 bp −$2,396	doesn't fit
Sell Bitget live order book, 2 min ago	0.19 bp	7.3 bp −$7	9.6 bp −$96	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	−0.0497%	4h	1,044.3	+0.034%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.9	+0.003%	$62.8M	$28.9M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,043.5	−0.038%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.6	+0.255%	$11K	$6.6M	10x	as long as short
HTX MU-USDTlong	0.0000%	8h	1,043.9	long leg	$125K	$441K	50x
OKX MU-USDT-SWAP	+0.0015%	8h	1,044.1	+0.015%	$30.7M	$104.5M	50x	as long as short
Aftermath Perps MUUSD	+0.0030%	1h	1,043.8	−0.010%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,044.1	+0.020%	$1.1M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.651%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043.9	−0.003%	—	$193K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,043.8	−0.011%	$165K	$180K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,044.3	+0.033%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.2	−0.070%	$2.0M	$2.7M	10x	as long as short
Aster MUUSD1	+0.0056%	8h	1,044.7	+0.080%	$21.5M	$47.4M	20x	as long as short
QFEX MU-USD	+0.0071%	1h	1,044.3	+0.035%	$7.8M	$24.2M	10x	as long as short
Bitget MUUSDTshort	+0.0089%	8h	1,043.9	−0.004%	$20.4M	$42.9M	50x
Pacifica MU	+0.0100%	1h	1,043.6	−0.033%	$154K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,043.4	−0.051%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,044.9	+0.091%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044.1	+0.014%	$830	$799	20x	as long as short
Aevo MU-PERP	+0.0112%	1h	1,044.1	+0.019%	$33K	—	10x	as long as short
Variational Omni MU	+0.0115%	8h	1,044	+0.004%	$2.6M	$2.7M	—	as long as short
Paradex MU-USD-PERP	+0.0124%	8h	1,044.2	+0.030%	$2K	—	5x	as long as short
Binance MUUSDT	+0.0141%	8h	1,044.1	+0.015%	$124.9M	$536.8M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,043.9	+0.002%	$756K	$1.4M	10x	as long as short
Lighter MU	+0.0192%	1h	1,044.2	+0.023%	$1.0M	$4.8M	20x	as long as short
Nado MU-PERP	+0.0195%	1h	1,043.1	−0.074%	$303K	$846K	10x	as long as short
GRVT MU_USDT_Perp	+0.0202%	8h	1,044.5	+0.059%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0219%	8h	1,044.2	+0.031%	$19.1M	$32.6M	100x	as long as short
Bullet MU-USD	+0.0253%	1h	1,044.1	+0.022%	$26K	$398K	10x	as long as short
BloFin MU-USDT	+0.0260%	8h	1,044.4	+0.049%	$1.5M	$2.0M	20x	as long as short
tradeXYZ xyz:MU	+0.0335%	1h	1,043.8	−0.011%	$176.4M	$107.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0363%	1h	1,044.1	+0.016%	$61K	$244K	10x	as long as short
Phoenix MU	+0.0383%	1h	1,044.5	+0.057%	$534K	$306K	15x	as long as short
Arcus MU-USD	+0.0435%	1h	1,043.6	−0.030%	$63K	$230K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,044.4	+0.050%	$285K	$333K	20x	as long as short
Extended MU_24_5-USD	+0.0624%	1h	1,043.2	−0.065%	$541K	$1.1M	10x	as long as short