Funding arb · Price arb / RWA

MU

RWAAll MU markets →

LONGKraken Futures▾edgeX −0.0706%Coinbase International −0.0048%Gate 0.0000%StandX 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Lighter RH +0.0032%Vest Markets +0.0046%Lighter +0.0048%Popdex +0.0048%Polymarket Perps +0.0050%Ondo Perps +0.0050%QFEX +0.0060%ApeX Omni +0.0100%Paradex +0.0115%Aster +0.0121%Pacifica +0.0136%Aevo +0.0136%Arcus +0.0139%Nado +0.0145%tradeXYZ +0.0182%OKX +0.0187%Bullet +0.0191%SoDEX +0.0194%KuCoin +0.0210%Variational Omni +0.0212%GRVT +0.0215%Injective +0.0220%Binance +0.0224%Avantis +0.0290%BloFin +0.0343%Bybit +0.0353%Phoenix +0.0378%BingX +0.0396%Bitget +0.0418%Kraken Futures +0.0572%Extended +0.0960%RISEx +0.1067%

⇄⇅

SHORTAftermath Perps▾RISEx +0.1067%Extended +0.0960%Bitget +0.0418%BingX +0.0396%Phoenix +0.0378%Bybit +0.0353%BloFin +0.0343%Avantis −0.0254%Binance +0.0224%Injective +0.0220%GRVT +0.0215%Variational Omni +0.0212%KuCoin +0.0210%SoDEX +0.0194%Bullet +0.0191%OKX +0.0187%tradeXYZ +0.0182%Nado +0.0145%Arcus +0.0139%Aevo +0.0136%Pacifica +0.0136%Aster +0.0121%Paradex +0.0115%ApeX Omni +0.0100%QFEX +0.0060%Aftermath Perps +0.0054%Ondo Perps +0.0050%Polymarket Perps +0.0050%Popdex +0.0048%Lighter +0.0048%Vest Markets +0.0046%Lighter RH +0.0032%Gate 0.0000%StandX 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Coinbase International −0.0048%edgeX −0.0706%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_MUUSD	1,062.2	+0.0572	pay 0.0071% / 1h	44m 56s	$236K	$503K	20x	Long Kraken Futures
SHORT	Aftermath PerpsMUUSD	1,060	+0.0054	get 0.0007% / 1h	44m 56s	$3K	$85K	10x	Short Aftermath Perps

Price gap−0.207%

Funding gap−0.0518% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.207% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.017% in total, about +0.0008%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.207%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

Kraken FuturesAftermath Perps

MU on 40 exchanges

lowest funding first

Before you open

1 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for Aftermath Perps: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $1,000

  Kraken Futures 20x, Aftermath Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Kraken Futures · 1h−$17.16

  Short Aftermath Perps · 1h+$1.63

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$15.53Long Kraken Futures: 24 payments, −$17.16; short Aftermath Perps: 24 payments, +$1.63.
• i
  Note: No 7-day spread history−0.207%

  The gap cannot be compared with its average yet.
• !
  Watch: Short leg is thinner$3K vs $236K OI

  Aftermath Perps sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCKraken Futures Yes · Aftermath Perps No

  Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0008%/8h × 21 periods+$1.70

Price spread−0.207% → 0−$20.69

Slippage, 4 ordersno data for Aftermath Perps—

Fee Kraken Futures bp × 2 orders−$10.00

Fee Aftermath Perps bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$37.99

Costs to cover0.190%Break-even163.3 days

Slippage: Kraken Futures: live order book, 54 min ago; Aftermath Perps: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGKraken Futures0.0521.0 bp−$2142.4 bp−$424doesn’t fitdoesn’t fit

SELL · SHORTAftermath Perps—————

Closing costs about the same again.
Aftermath Perps: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →

09-30 20:09	Backpack	Other	JUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗
09-30 19:45	Vest Markets	Other	Trade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
09-30 19:45	Vest Markets	Other	$MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗
09-30 19:11	Polymarket Perps	Other	MEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗
09-30 17:30	MEXC	Other	$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗
09-30 15:30	Phoenix	Other	$MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗