Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.025%
Price spread now: Coinbase International against KuCoin−0.244%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.244%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.244% cheaper against KuCoin than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,038.6 | 0.0100 | pay 0.0100% / 8h | 1h 22m | $5.2M | $3.9M | 20x |
| Short | Coinbase International MU-PERP-INTX | 1,036 | 0.0104 | get 0.0013% / 1h | 22m 19s | $731K | $1.2M | 10x |
KuCoin MUUSDTM
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $0.84
- Price spread: −0.244% → +0.001%
- −$24.42
- Slippage, 4 orders
- −$26.38
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$71.96
- Costs to cover
- 0.484%
- Break-even
- 606.7 days
Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 1 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 | 2.75 bp | 12.4 bp −$12 | 26.0 bp −$260 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 5.97 bp | 11.0 bp −$11 | 12.8 bp −$128 | 56.6 bp −$5,663 | 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 | −0.0957% | 4h | 1,037.7 | −0.082% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0198% | 8h | 1,039.2 | +0.059% | $20.2M | $40.3M | 50x | as long as short |
| Nado MU-PERP | −0.0005% | 1h | 1,039 | +0.045% | $279K | $815K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.1 | +0.049% | $21.1M | $59.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.9 | +0.032% | $121.8M | $537.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.9 | +0.035% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.9 | +0.036% | $29.9M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.1 | +0.049% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.9 | +0.030% | $61.7M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.1 | −0.042% | $2.5M | $2.6M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.9 | −0.061% | $83K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.4 | −0.013% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,039 | +0.043% | $25K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.4 | +0.178% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.7 | +0.010% | $74K | $568K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.5 | −0.001% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0012% | 1h | 1,037.5 | −0.097% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,039.1 | +0.053% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.9 | +0.034% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.5 | −0.002% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.9 | +0.032% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.233% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.8 | −0.073% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039.2 | +0.064% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.7 | +0.014% | $176.4M | $86.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.8 | +0.024% | $169K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.8 | +0.020% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.8 | −0.074% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,039.1 | +0.056% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.4 | −0.013% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039 | +0.040% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,038.6 | long leg | $5.2M | $3.9M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.6 | −0.091% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.7 | +0.010% | $826 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0104% | 1h | 1,036 | −0.244% | $731K | $1.2M | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.8 | +0.021% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,038.1 | −0.043% | $531K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
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
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU