MU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_MUUSD	1,070.8	+0.0253	pay 0.0032% / 1h	41m 28s	$237K	$306K	20x	Long Kraken Futures
SHORT	Variational OmniMU	1,072.2	+0.0079	get 0.0079% / 8h	6h 41m	$3.0M	$3.3M	20x	Short Variational Omni+15% pts

Price gap+0.135%

Funding gap−0.0174% /8h

The gap pays +$12 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 2.3 days. At the last 7 days' pace that is about 16 days.

If you open now and hold

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

Funding−$5−0.0174% /8h now · paid −0.046% over the last 6 days (all we have)

Price+$12spread +0.135% now, avg +0.015% → +0.120% if it goes back

Costs−$250.250% of $10k · taker + slippage, in and out

Result−$17−0.17%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Variational Omni price against Kraken Futuresnow

RANGE STATS · 7D

Now+0.135%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MU on 39 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books9.7 / 3.3 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $500
Kraken Futures 20x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$5.21Long Kraken Futures: 24 payments, −$7.58; short Variational Omni: 3 payments, +$2.37.
OK: Entry gap works for you+0.135% vs +0.015%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$237K vs $3.0M OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · Variational Omni 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−0.0024%/8h × 21 periods−$5.13

Price spread+0.135% → +0.015% (7d avg)+$12.05

Slippage, 4 orderslive order books−$14.97

Fee Kraken Futures bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$18.05

Costs to cover0.250%Break-evennever at this rate

Slippage: Kraken Futures: live order book, 41 min ago; Variational Omni: RFQ quote, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures2.249.7 bp−$1025.1 bp−$251doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni1.913.3 bp−$34.7 bp−$47doesn’t fitdoesn’t fit

Closing costs about the same again.

MU news

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

09-29 16:30	Vest Markets	Other	$MU is up around 1.6% on the session, with Netlist seeking a US import ban on its high bandwidth memory chips. Baird raised its price target to $1,520 from $1,280 on Monday, with fiscal fourth-quarter results due Wednesday. Trade $MU volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗
09-29 12:04	ApeX Omni	Other	$MU earnings drop tomorrow. Will @MicronTech surprise the market after hours? Here’s what to watch and how to trade MU earnings after the bell: @OfficialApeXdex on X ↗
09-29 11:07	RISEx	Points	Micron reports after the US close on September 30. The entire memory trades will take its cue from that print. For the next two weeks, these three get a 20% boost on points: $MU $SKHYNIX $NVDA Trade Memory Week on RISEx @risextrade on X ↗
09-28 15:30	Vest Markets	Other	Chip names are leading the market lower, with $AMD down around 5% and $INTC around 6%. $AMD is giving back part of the advance that took it above a $1 trillion market cap last week, with $SNDK down around 5% and $MU around 4%. Treasury yields are back at 2007 levels, with crude higher alongside Trump's rejection of Iran's proposal to reopen the Strait of Hormuz. @VestExchange on X ↗
09-28 14:46	RISEx	Other	This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-26 14:34	Backpack	Other	Earnings & macro events to watch for the week of September 28. ▸ Earnings: $MU $NKE $ACN $CCL $KMX $JBL ▸ Macro: US PCE inflation, JOLTS job openings, ISM manufacturing, September jobs report Full market calendar → @Backpack on X ↗

MU