MU

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexMUXUSDT	896.55	+0.0100	pay 0.0100% / 8h	2h 48m	$1.7M	$1.3M	10x	Long Phemex
SHORT	QFEXMU-USD	896.03	−0.0049	pay 0.0006% / 1h	48m 12s	$6.7M	$4.0M	10x	Short QFEX10% back

Price gap−0.058%

Funding gap−0.0149% /8h

The gap pays +$6 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 31 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$16−0.0149% /8h now · paid −0.160% over the last 7D

Price+$6spread −0.058% now, avg −0.115% → +0.057% if it goes back

Costs−$990.994% of $10k · taker + slippage, in and out

Result−$110−1.10%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.058%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MU on 46 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Watch: Thin at this size38.6 / 12.0 bp
At $10k entering Phemex costs 38.6 bp, fee and slippage, 3.2× QFEX’s.
Note: Margin at max leverage$1,000 + $1,000
Phemex 10x, QFEX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$4.47Long Phemex: 3 payments, −$3.00; short QFEX: 24 payments, −$1.47.
OK: Entry gap works for you−0.058% vs −0.115%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Long leg is thinner$1.7M vs $6.7M OI
Both legs are deep; Phemex is the smaller one.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPhemex Yes · QFEX No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0076%/8h × 21 periods−$15.99

Price spread−0.058% → −0.115% (7d avg)+$5.74

Slippage, 4 orderslive order books−$67.37

Fee Phemex bp × 2 orders−$12.00

Fee QFEX bp × 2 orders−$20.00

Net · 7 days · $10k−$109.63

Costs to cover0.994%Break-evennever at this rate

Slippage: Phemex: live order book, 3 min ago; QFEX: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex5.6738.6 bp−$39104.7 bp−$1,047doesn’t fitdoesn’t fit

SELL · SHORTQFEX1.3912.0 bp−$1212.8 bp−$12816.1 bp−$1,612doesn’t fit

Closing costs about the same again.

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →

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10-21 03:55	HTX	Other	10 trades on the radar. 3 setups worth watching: $XRP → Spot ETF inflows hit $591M $MU → AI memory demand stays strong $USOIL → Hormuz mine strikes, supply down What’s on your watchlist? 👇 Trade 24/7 on @HTXFutures @HTX_Global on X ↗
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10-20 13:01	Reya	Listing	new market MURUSDPERP ($MU) seen by our collector
10-14 16:12	Phoenix	Other	ASML says its supply won't fully meet demand in 2027 and 2028. $ASML on Phoenix is flat over the last 24 hours, while $TSM, $NVDA, $MU and $AMAT are down 1.3–2.9%. @PhoenixTrade on X ↗

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