MU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against KuCoin+0.005%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days+0.005%$0 · spread now +0.005%, 7d avg +0.046%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.041% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.046%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUUSDTM	1,030	0.0100	pay 0.0100% / 8h	7h 42m	$5.1M	$4.4M	20x
Short	Binance MUUSDT	1,030.1	0	get 0.0000% / 8h	7h 42m	$121.3M	$543.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.005%Rate

Funding earned: −$21
Price spread: +0.005% → +0.046%: −$4.06
Slippage, 4 orders: −$22.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$70.03
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 16 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 KuCoin live order book, 5 min ago	3.01 bp	18.1 bp −$18	34.0 bp −$340	doesn't fit	doesn't fit
Sell Binance live order book, 16 min ago	0.05 bp	6.3 bp −$6	8.4 bp −$84	21.3 bp −$2,131	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	−0.0734%	4h	1,030.8	+0.079%	$1.3M	$674K	10x	as long as short
Bitget MUUSDT	−0.0080%	8h	1,030.1	+0.009%	$19.9M	$40.2M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,030.4	+0.040%	$21.1M	$68.7M	20x	as long as short
Binance MUUSDTshort	0.0000%	8h	1,030.1	+0.005%	$121.3M	$543.1M	50x
Bybit MUUSDT	0.0000%	8h	1,030.1	+0.008%	$18.6M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,029.9	−0.017%	$29.5M	$100.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,030.2	+0.017%	$310K	$380K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,029.9	−0.016%	$61.7M	$27.8M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,030.2	+0.021%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,031.3	+0.127%	$72K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,030.8	+0.075%	$186K	$3.6M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,031.6	+0.151%	$11K	$5.4M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,030.6	+0.051%	$73K	$626K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,030.4	+0.039%	$119K	$492K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,030.7	+0.071%	$3K	$43K	10x	as long as short
QFEX MU-USD	+0.0027%	1h	1,029.9	−0.009%	$6.9M	$18.8M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,030	−0.001%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,029.6	−0.041%	$543K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+2.072%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,029.6	−0.037%	$89K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,030.4	+0.040%	—	$176K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,030	−0.002%	$167K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,030.5	+0.046%	$676K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,029.5	−0.047%	$1.9M	$2.9M	10x	as long as short
Paradex MU-USD-PERP	+0.0057%	8h	1,030	−0.003%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0063%	1h	1,029.9	−0.012%	$174.2M	$80.5M	10x	as long as short
Lighter MU	+0.0064%	1h	1,030.2	+0.013%	$989K	$4.9M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,030.2	+0.017%	$32K	$1K	10x	as long as short
Nado MU-PERP	+0.0081%	1h	1,029.9	−0.016%	$272K	$806K	10x	as long as short
Bullet MU-USD	+0.0093%	1h	1,030.7	+0.066%	$25K	$389K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,030.1	+0.010%	$719K	$1.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,029.7	−0.034%	$146K	$194K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,030	long leg	$5.1M	$4.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,032	+0.193%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,030.6	+0.052%	$819	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,030.8	+0.074%	$1.5M	$2.2M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,031.9	+0.183%	$528K	$270K	15x	as long as short