MU

Alert: funding

Alert: spread

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: SunX against KuCoin+0.212%7-day average +0.184% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$850.851% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 4 days (all we have)−0.091%−$9 · spread now +0.212%, 7d avg +0.184%

Together, before fees−0.262%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.028% dearer against KuCoin than usual: you sell high and buy low (spread +0.212% now, against its 7-day average of +0.184%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUUSDTM	1,035.1	0.0100	pay 0.0100% / 8h	55m 56s	$5.2M	$3.9M	20x
Short	SunX MU-USDT	1,037.3	0	get 0.0000% / 8h	55m 56s	$11K	$5.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.212%Rate

Funding earned: −$21
Price spread: +0.212% → +0.184%: $2.81
Slippage, 4 orders: −$65.15
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$103.34
Costs to cover: 0.851%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 13 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, 2 min ago	2.51 bp	13.9 bp −$14	28.1 bp −$281	doesn't fit	doesn't fit
Sell SunX live order book, 13 min ago	21.55 bp	32.6 bp −$33	doesn't fit	doesn't fit	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
Bitget MUUSDT	−0.0189%	8h	1,035.8	+0.066%	$20.1M	$40.2M	50x	as long as short
edgeX MUUSDC	−0.0002%	4h	1,036.3	+0.111%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,035.9	+0.073%	$21.1M	$64.3M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,035.6	+0.048%	$122.0M	$538.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,035.5	+0.040%	$18.7M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,035.5	+0.041%	$29.7M	$99.9M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,035.7	+0.059%	$312K	$386K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,035.6	+0.043%	$61.3M	$28.2M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,036.4	+0.128%	$2.5M	$2.5M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,036.8	+0.167%	$83K	$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	1,036.1	+0.099%	$187K	$3.5M	20x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,037.3	+0.212%	$11K	$5.6M	10x
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,035.5	+0.037%	$74K	$589K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,035.6	+0.045%	$127K	$460K	50x	as long as short
Nado MU-PERP	+0.0012%	1h	1,035.4	+0.028%	$277K	$809K	10x	as long as short
Aftermath Perps MUUSD	+0.0016%	1h	1,036.1	+0.093%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,035.5	+0.033%	$7.0M	$18.8M	10x	as long as short
Bullet MU-USD	+0.0030%	1h	1,035.7	+0.055%	$25K	$390K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,035.6	+0.043%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,034.6	−0.051%	$546K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.570%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,035.7	+0.059%	$90K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,035.6	+0.050%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,035.3	+0.018%	$176.1M	$85.7M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,035.3	+0.018%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,035.6	+0.046%	$680K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.3	+0.017%	$1.8M	$2.7M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,035.5	+0.035%	$2K	—	5x	as long as short
Lighter MU	+0.0056%	1h	1,035.7	+0.053%	$1.0M	$4.9M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,035.2	+0.010%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,038.8	+0.355%	$734K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,035.4	+0.030%	$147K	$188K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,035.1	long leg	$5.2M	$3.9M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,036.1	+0.100%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,035.6	+0.043%	$823	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036	+0.082%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,036.8	+0.163%	$530K	$270K	15x	as long as short