MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.02 per $10,000 · paid last 24h −0.012%

Price spread now: Bullet against tradeXYZ+0.057%7-day average +0.060% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on tradeXYZ Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.068%+$7 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.057%, 7d avg +0.060%

Together, before fees+0.080%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MU	1,046.7	0.0050	pay 0.0006% / 1h	40m 51s	$177.4M	$97.5M	10x
Short	Bullet MU-USD	1,047.3	0.0065	get 0.0008% / 1h	40m 51s	$26K	$395K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against tradeXYZ. 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 tradeXYZbpFee BulletbpOrdersPrice spread, now +0.057%Rate

Funding earned: $3.12
Price spread: +0.057% → +0.060%: −$0.26
Slippage, 4 orders: −$6.83
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$29.97
Costs to cover: 0.328%
Break-even: 74.2 days

Slippage from tradeXYZ: live order book, 9 min ago; Bullet: 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 tradeXYZ live order book, 9 min ago	0.48 bp	10.3 bp −$10	11.4 bp −$114	16.8 bp −$1,678	doesn't fit
Sell Bullet live order book, 13 min ago	0.48 bp	6.2 bp −$6	20.5 bp −$205	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	−0.0697%	4h	1,047.6	+0.082%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,047	+0.030%	$21.3M	$56.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,047	+0.030%	$125.3M	$518.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,047.1	+0.040%	$19.0M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,047	+0.025%	$31.1M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,047.2	+0.047%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,046.9	+0.015%	$62.2M	$27.7M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,047.2	+0.048%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,047.2	+0.050%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,048.5	+0.170%	$82K	$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	1,047.6	+0.085%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.4	+0.160%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,046.8	+0.005%	$73K	$466K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,047.1	+0.038%	$130K	$431K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,047.6	+0.085%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,047.3	+0.054%	$7.1M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,047	+0.025%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,046.9	+0.019%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,046.5	−0.021%	$550K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.445%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,047.6	+0.090%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.2	+0.144%	—	$176K	25x	as long as short
tradeXYZ xyz:MUlong	+0.0050%	1h	1,046.7	long leg	$177.4M	$97.5M	10x
Polymarket Perps MU-USD	+0.0050%	1h	1,047	+0.029%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,047.1	+0.042%	$687K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,047	+0.027%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,047.3	+0.056%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0053%	1h	1,047	+0.033%	$281K	$828K	10x	as long as short
Bullet MU-USDshort	+0.0065%	1h	1,047.3	+0.057%	$26K	$395K	10x
BloFin MU-USDT	+0.0080%	8h	1,047.2	+0.044%	$1.5M	$2.0M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,046.8	+0.012%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,047.5	+0.078%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,046.7	−0.004%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,047.5	+0.080%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,047	+0.028%	$832	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.318%	$757K	$1.2M	10x	as long as short
Phoenix MU	+0.0305%	1h	1,048.1	+0.134%	$536K	$271K	15x	as long as short