MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0411%/8h= +45.0% APRnext payment +$4.11 per $10,000 · paid last 24h +0.021%

Price spread now: Bitget against SunX−0.147%7-day average −0.144% · you buy dearer than you sell

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$730.730% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.166%+$17 on $10k

Price spread, last 3 days (all we have)+0.058%+$6 · spread now −0.147%, 7d avg −0.144%

Together, before fees+0.224%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.144%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MU-USDT	1,052.6	0	get 0.0000% / 8h	7h 11m	$11K	$6.1M	10x
Short	Bitget MUUSDT	1,051	0.0411	get 0.0411% / 8h	7h 11m	$20.6M	$41.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.147%Rate

Funding earned: $86.31
Price spread: −0.147% → −0.144%: −$0.32
Slippage, 4 orders: −$52.99
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: $13
Costs to cover: 0.730%
Break-even: 5.9 days

Slippage from SunX: live order book, 7 min ago; Bitget: live order book, 2 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 SunX live order book, 7 min ago	21.59 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.05 bp	7.2 bp −$7	8.9 bp −$89	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	−0.0028%	4h	1,051.8	−0.074%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.2	−0.126%	$62.7M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.7	−0.181%	$190K	$3.3M	20x	as long as short
SunX MU-USDTlong	0.0000%	8h	1,052.6	long leg	$11K	$6.1M	10x
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.9	−0.162%	$64K	$309K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.9	−0.157%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.9	−0.162%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.9	−0.162%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.115%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,052.2	−0.040%	—	$179K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0048%	1h	1,050.8	−0.167%	$1.1M	$4.8M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.9	−0.159%	$171K	$203K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,050.9	−0.160%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,051.2	−0.135%	$7.6M	$21.3M	10x	as long as short
SoDEX MU-USD	+0.0083%	1h	1,051.3	−0.123%	$690K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0088%	8h	1,051.1	−0.140%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0088%	1h	1,051	−0.146%	$274K	$858K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,051.1	−0.142%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,051.1	−0.137%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,051.7	−0.080%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,051.5	−0.102%	$836	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0107%	8h	1,051.1	−0.141%	$30.9M	$101.6M	50x	as long as short
Aevo MU-PERP	+0.0144%	1h	1,051	−0.145%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.9	−0.163%	$763K	$1.2M	10x	as long as short
Bullet MU-USD	+0.0188%	1h	1,051.4	−0.115%	$26K	$396K	10x	as long as short
Bybit MUUSDT	+0.0207%	8h	1,051.4	−0.112%	$19.4M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0213%	1h	1,050.8	−0.168%	$178.5M	$100.4M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051.2	−0.126%	$71K	$242K	10x	as long as short
Variational Omni MU	+0.0240%	8h	1,051.5	−0.098%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0258%	8h	1,050.9	−0.162%	$21.6M	$48.4M	20x	as long as short
Binance MUUSDT	+0.0259%	8h	1,050.9	−0.155%	$126.4M	$521.6M	50x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,051.3	−0.124%	$316K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0328%	1h	1,050.5	−0.192%	$565K	$1.1M	10x	as long as short
BloFin MU-USDT	+0.0378%	8h	1,052	−0.054%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0383%	1h	1,051.6	−0.092%	$538K	$306K	15x	as long as short
Bitget MUUSDTshort	+0.0411%	8h	1,051	−0.147%	$20.6M	$41.6M	50x
GRVT MU_USDT_Perp	+0.0586%	8h	1,051.7	−0.086%	$83K	$1.3M	10x	as long as short