MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0045%/8h= +5.0% APRnext payment +$0.45 per $10,000 · paid last 24h −0.016%

Price spread now: Bitget against OKX−0.028%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 7 days+0.045%+$5 · spread now −0.028%, 7d avg +0.013%

Together, before fees+0.097%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.041% cheaper against OKX than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.013%). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MU-USDT-SWAP	1,048.4	0.0084	pay 0.0084% / 8h	7h 56m	$30.9M	$102.0M	50x
Short	Bitget MUUSDT	1,048.1	0.0129	get 0.0129% / 8h	7h 56m	$20.6M	$41.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.028%Rate

Funding earned: $9.53
Price spread: −0.028% → +0.013%: −$4.07
Slippage, 4 orders: −$4.74
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.28
Costs to cover: 0.267%
Break-even: 22.6 days

Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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 OKX live order book, 3 min ago	0.05 bp	5.2 bp −$5	7.1 bp −$71	25.4 bp −$2,539	doesn't fit
Sell Bitget live order book, 3 min ago	0.53 bp	7.5 bp −$7	9.4 bp −$94	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
edgeX MUUSDC	−0.0299%	4h	1,044.8	−0.340%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.2	−0.023%	$63.1M	$28.3M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,046.4	−0.193%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.1	+0.165%	$11K	$6.4M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,048.2	−0.023%	$62K	$291K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,048.2	−0.023%	$130K	$418K	50x	as long as short
Aftermath Perps MUUSD	+0.0025%	1h	1,045.4	−0.284%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,048.4	−0.004%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.221%	$14K	$251	12x	as long as short
Lighter MU	+0.0040%	1h	1,048.2	−0.023%	$1.1M	$4.7M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,048.3	−0.010%	—	$194K	25x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,046.4	−0.187%	$2.0M	$2.2M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,047.5	−0.083%	$7.9M	$23.6M	10x	as long as short
Nado MU-PERP	+0.0056%	1h	1,046.8	−0.149%	$271K	$864K	10x	as long as short
OKX MU-USDT-SWAPlong	+0.0084%	8h	1,048.4	long leg	$30.9M	$102.0M	50x
Pacifica MU	+0.0100%	1h	1,047.7	−0.062%	$153K	$180K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,047.1	−0.123%	$5.3M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.8	−0.244%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048.2	−0.022%	$833	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0104%	8h	1,047.7	−0.066%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,046.7	−0.165%	$33K	—	10x	as long as short
Bitget MUUSDTshort	+0.0129%	8h	1,048.1	−0.028%	$20.6M	$41.7M	50x
Variational Omni MU	+0.0168%	8h	1,048.2	−0.023%	$2.7M	$2.5M	—	as long as short
Aster MUUSD1	+0.0172%	8h	1,047.9	−0.044%	$21.6M	$47.8M	20x	as long as short
Binance MUUSDT	+0.0182%	8h	1,048.3	−0.006%	$125.3M	$527.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,046.7	−0.165%	$759K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0187%	8h	1,048.5	+0.010%	$19.2M	$32.6M	100x	as long as short
GRVT MU_USDT_Perp	+0.0204%	8h	1,045.8	−0.249%	$82K	$1.4M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,046.2	−0.213%	$71K	$243K	10x	as long as short
BloFin MU-USDT	+0.0301%	8h	1,048	−0.034%	$1.5M	$2.0M	20x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,047.9	−0.051%	$315K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0448%	1h	1,044.4	−0.385%	$550K	$1.0M	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046	−0.228%	$535K	$306K	15x	as long as short
SoDEX MU-USD	+0.0464%	1h	1,048	−0.037%	$688K	$16K	10x	as long as short
Polymarket Perps MU-USD	+0.0532%	1h	1,046.6	−0.171%	$169K	$202K	10x	as long as short
Bullet MU-USD	+0.0819%	1h	1,048.1	−0.023%	$26K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0953%	1h	1,046.9	−0.142%	$177.4M	$105.2M	10x	as long as short