MU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.008%

Price spread now: Coinbase International against RISEx−0.173%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.072%+$7 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.173%, 7d avg −0.049%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.125% cheaper against RISEx than usual: you would sell low and buy high (spread −0.173% now, against its 7-day average of −0.049%). If the spread goes back, that is −$12 on $10k: about 4.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx MU/USDC	1,037.8	0	get 0.0000% / 1h	27m 16s	$313K	$387K	20x
Short	Coinbase International MU-PERP-INTX	1,036	0.0104	get 0.0013% / 1h	27m 16s	$731K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. 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 RISExbpFee Coinbase InternationalbpOrdersPrice spread, now −0.173%Rate

Funding earned: $21.84
Price spread: −0.173% → −0.049%: −$12.46
Slippage, 4 orders: −$7.48
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$14.1
Costs to cover: 0.235%
Break-even: 11.5 days

Slippage from RISEx: live order book, 16 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 RISEx live order book, 16 min ago	0.63 bp	3.6 bp −$4	4.9 bp −$49	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	3.08 bp	8.1 bp −$8	11.8 bp −$118	64.1 bp −$6,413	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	−0.0477%	4h	1,038	+0.015%	$1.3M	$674K	10x	as long as short
Bitget MUUSDT	−0.0210%	8h	1,037.9	+0.012%	$20.2M	$40.3M	50x	as long as short
Nado MU-PERP	0.0000%	1h	1,037.8	−0.004%	$278K	$815K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,038.1	+0.022%	$21.2M	$59.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,037.6	−0.019%	$121.6M	$537.6M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,037.8	+0.002%	$18.5M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,037.6	−0.024%	$29.9M	$100.0M	50x	as long as short
RISEx MU/USDClong	0.0000%	1h	1,037.8	long leg	$313K	$387K	20x
Gate MU_USDT	0.0000%	8h	1,037.7	−0.008%	$61.6M	$28.5M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,037.4	−0.044%	$2.5M	$2.6M	—	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MU_USDT_Perp	0.0000%	8h	1,037.6	−0.020%	$73K	$1.4M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,038.1	+0.031%	$188K	$3.5M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,037.7	−0.008%	$26K	$389K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,039	+0.117%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,037.5	−0.034%	$74K	$564K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,037.8	−0.006%	$128K	$442K	50x	as long as short
Aftermath Perps MUUSD	+0.0013%	1h	1,036.9	−0.087%	$3K	$44K	10x	as long as short
Lighter MU	+0.0032%	1h	1,037.9	+0.012%	$1.1M	$4.9M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,037.9	+0.007%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,037.3	−0.053%	$537K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,037.7	−0.014%	$7.0M	$18.6M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.305%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.3	−0.048%	$70K	$230K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,037.9	+0.004%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,037.5	−0.031%	$176.2M	$88.1M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,037.5	−0.031%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,037.7	−0.016%	$681K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.5	−0.033%	$1.8M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,038	+0.015%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,037.3	−0.050%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,037.6	−0.019%	$147K	$190K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,037.6	−0.022%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,038.4	+0.053%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,037.6	−0.021%	$825	$799	20x	as long as short
Coinbase International MU-PERP-INTXshort	+0.0104%	1h	1,036	−0.173%	$731K	$1.2M	10x
BloFin MU-USDT	+0.0120%	8h	1,038.1	+0.031%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.8	−0.002%	$531K	$270K	15x	as long as short