Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against KuCoin+0.025%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.025%, 7d avg +0.016%
=The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,047.9 | 0.0100 | pay 0.0100% / 8h | 3h 48m | $5.3M | $3.4M | 20x |
| Short | Gate MU_USDT | 1,048.2 | 0 | get 0.0000% / 8h | 3h 48m | $62.3M | $27.6M | 75x |
KuCoin MUUSDTM
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$21
- Price spread: +0.025% → +0.016%
- $0.88
- Slippage, 4 orders
- −$27.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$74.14
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 6 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, 4 min ago | 2.53 bp | 13.8 bp −$14 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 1.10 bp | 11.1 bp −$11 | 15.2 bp −$152 | 32.8 bp −$3,276 | 57.2 bp −$28.6K |
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 | −0.0827% | 4h | 1,049.7 | +0.172% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,048.3 | +0.031% | $21.3M | $55.7M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.7 | +0.075% | $19.0M | $31.9M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,048.6 | +0.067% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048.2 | +0.026% | $338K | $351K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,048.2 | +0.025% | $62.3M | $27.6M | 75x | |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.7 | +0.076% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.1 | +0.108% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,049.9 | +0.185% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.8 | −0.010% | $189K | $3.4M | 20x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,049.4 | +0.136% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048.3 | +0.038% | $130K | $430K | 50x | as long as short |
| Binance MUUSDT | +0.0003% | 8h | 1,048.5 | +0.058% | $125.6M | $517.3M | 50x | as long as short |
| BloFin MU-USDT | +0.0020% | 8h | 1,048 | +0.006% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.5 | +0.059% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048 | +0.007% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,047.8 | −0.010% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,047.8 | −0.012% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048 | +0.010% | $563K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.327% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.5 | +0.052% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.1 | +0.112% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.2 | +0.026% | $177.8M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048 | +0.007% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,047.9 | +0.001% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,047.7 | −0.025% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,048.1 | +0.018% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0058% | 1h | 1,047.3 | −0.056% | $282K | $831K | 10x | as long as short |
| Bullet MU-USD | +0.0066% | 1h | 1,048.6 | +0.068% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,048.1 | +0.020% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,047.9 | −0.007% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,047.9 | long leg | $5.3M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.1 | +0.204% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.3 | +0.034% | $833 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.200% | $757K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0189% | 1h | 1,048.3 | +0.033% | $73K | $461K | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,050.1 | +0.207% | $537K | $271K | 15x | as long as short |
SunX MU-USDT
HTX MU-USDT
Binance MUUSDT
BloFin MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-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
Nado MU-PERP
Bullet MU-USD
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU