Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX+0.007%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.007%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.044% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX MU-USDT | 1,037.7 | 0 | get 0.0000% / 8h | 37m 21s | $127K | $479K | 50x |
| Short | KuCoin MUUSDTM | 1,037.8 | 0.0100 | get 0.0100% / 8h | 37m 21s | $5.2M | $3.9M | 20x |
HTX MU-USDT
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.007% → −0.037%
- $4.37
- Slippage, 4 orders
- −$24.3
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22.93
- Costs to cover
- 0.483%
- Break-even
- 14.6 days
Slippage from HTX: live order book, 1 min ago; KuCoin: live order book, just now.
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, 1 min ago | 3.47 bp | 10.3 bp −$10 | 15.3 bp −$153 | 22.4 bp −$2,243 | doesn't fit |
| Sell KuCoin live order book, just now | 3.23 bp | 14.1 bp −$14 | 27.4 bp −$274 | 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 | −0.0435% | 4h | 1,037.9 | +0.020% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0182% | 8h | 1,038.1 | +0.039% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.5 | +0.073% | $21.2M | $65.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.1 | +0.033% | $122.1M | $538.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | +0.014% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | +0.017% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | +0.045% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.9 | +0.013% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.9 | +0.114% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038 | +0.027% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.1 | +0.033% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.7 | +0.189% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.7 | −0.001% | $74K | $606K | 10x | as long as short |
| HTX MU-USDTlong | 0.0000% | 8h | 1,037.7 | long leg | $127K | $479K | 50x | |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,037.8 | +0.006% | $3K | $44K | 10x | as long as short |
| Bullet MU-USD | +0.0020% | 1h | 1,038 | +0.031% | $25K | $390K | 10x | as long as short |
| Nado MU-PERP | +0.0021% | 1h | 1,037.8 | +0.004% | $279K | $808K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.028% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038 | +0.029% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.6 | −0.009% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.313% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.2 | +0.040% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.5 | −0.020% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.2 | +0.047% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | +0.016% | $176.4M | $82.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.7 | −0.003% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.018% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.3 | +0.054% | $1.9M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.2 | +0.045% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.5 | −0.021% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.9 | +0.016% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038 | +0.030% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,037.8 | +0.007% | $5.2M | $3.9M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | +0.074% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.9 | +0.014% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | +0.027% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.9 | +0.113% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Bullet MU-USD
Nado MU-PERP
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU