MU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_MUUSD	1,069.4	+0.0211	pay 0.0026% / 1h	27m 09s	$208K	$288K	20x	Long Kraken Futures
SHORT	PhoenixMU	1,070.4	+0.0298	get 0.0037% / 1h	27m 09s	$552K	$98K	15x	Short Phoenix

Price gap+0.093%

Funding gap+0.0087% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.035% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$45+0.0087% /8h now · paid +0.451% over the last 7D

Price+$3spread +0.093% now, avg +0.058% → +0.035% if it goes back

Costs−$430.428% of $10k · taker + slippage, in and out

Result+$6+0.06%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Entry / ExitKraken Futures: thin, under $1M open interest · Phoenix: thin, under $1M open interest

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.093%

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

MU on 40 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

OK: Fits both order books11.3 / 11.1 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $667
Kraken Futures 20x, Phoenix 15x. 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.
Next 24h at the current rates, on $10k a leg: +$2.61Long Kraken Futures: 24 payments, −$6.32; short Phoenix: 24 payments, +$8.94.
OK: Entry gap works for you+0.093% vs +0.058%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$208K vs $552K OI
Kraken Futures sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKraken Futures Yes · Phoenix 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

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0215%/8h × 21 periods+$45.10

Price spread+0.093% → +0.058% (7d avg)+$3.47

Slippage, 4 orderslive order books−$25.84

Fee Kraken Futures bp × 2 orders−$10.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k+$5.73

Costs to cover0.428%Break-even6.1 days

Slippage: Kraken Futures: live order book, 5 min ago; Phoenix: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures2.3411.3 bp−$1138.5 bp−$385doesn’t fitdoesn’t fit

SELL · SHORTPhoenix2.8011.1 bp−$1123.7 bp−$237doesn’t fitdoesn’t fit

Closing costs about the same again.

MU news

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

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 ↗
09-30 14:19	Phemex	Other	$MU earnings after the close. Consensus is already sitting near the company’s own Q4 guide. So the move won’t come from “did they print $50B.” It comes from the next sentence: HBM allocation, memory pricing, and FY27 guidance. $MU last close ~$1,065. Resistance: $1,096–$1,106 Support: $1,044–$1,048 Guidance raise, hold, or tighten, that’s the volatility. @Phemex_official on X ↗
09-30 12:00	MEXC	Other	$MU is up ~280% YTD heading into earnings. 👀 What moves the next leg: margins or capex? @MEXC on X ↗
09-30 08:02	BingX	Other	$MU’s next move could come down to what management says next. See what matters heading into earnings 👇 @BingXOfficial on X ↗
09-30 06:30	MEXC	Other	$MU is up nearly 280% this year. Now comes the harder test. 👀 Can guidance keep the memory trade alive? @MEXC_Research breaks down what matters before earnings. 👇 @MEXC on X ↗
09-30 03:58	HTX	Token	10 trades. 3 alpha setups 👀 $ETH → ETF flows strong despite the chop $NVDA → Added $150B stock buyback plan $MU → Memory cycle heats up, earnings tonight which one has your eyes? Trade TradFi 24/7 on @HTXFutures @HTX_Global on X ↗

MU