MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0213%/8h= −23.3% APRnext payment −$2.13 per $10,000 · paid last 24h −0.031%

Price spread now: Gate against Binance−0.025%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.172%−$17 on $10k

Price spread, last 2 days (all we have)−0.009%−$1 · spread now −0.025%, 7d avg −0.021%

Together, before fees−0.180%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MUUSDT	1,046.1	0.0213	pay 0.0213% / 8h	39m 56s	$124.9M	$533.5M	50x
Short	Gate MU_USDT	1,045.9	0	get 0.0000% / 8h	39m 56s	$63.0M	$29.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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 BinancebpFee GatebpOrdersPrice spread, now −0.025%Rate

Funding earned: −$44.73
Price spread: −0.025% → −0.021%: −$0.34
Slippage, 4 orders: −$8.5
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$78.57
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 4 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 Binance live order book, 4 min ago	0.05 bp	5.2 bp −$5	5.9 bp −$59	14.0 bp −$1,396	doesn't fit
Sell Gate live order book, 4 min ago	1.00 bp	12.2 bp −$12	17.0 bp −$170	33.9 bp −$3,388	59.7 bp −$29.9K

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	−0.0060%	4h	1,046.2	+0.006%	$1.3M	$674K	10x	as long as short
Gate MU_USDTshort	0.0000%	8h	1,045.9	−0.025%	$63.0M	$29.0M	75x
StandX MU-USD	0.0000%	1h	1,045.4	−0.069%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.5	+0.221%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.8	−0.034%	$124K	$445K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.9	−0.022%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.437%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0035%	1h	1,045.7	−0.044%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.2	+0.003%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.8	−0.033%	$166K	$197K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX MU-USD	+0.0050%	1h	1,046.1	−0.009%	$687K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.4	−0.071%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.9	−0.020%	$7.9M	$23.9M	10x	as long as short
OKX MU-USDT-SWAP	+0.0083%	8h	1,045.9	−0.019%	$30.8M	$105.3M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,045.9	−0.028%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	−0.055%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,046.3	+0.017%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,046.1	−0.002%	$832	$799	20x	as long as short
Bitget MUUSDT	+0.0136%	8h	1,046	−0.013%	$20.5M	$43.6M	50x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,046.1	−0.004%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0147%	8h	1,046.1	−0.003%	$2K	—	5x	as long as short
Lighter MU	+0.0160%	1h	1,045.9	−0.022%	$1.0M	$4.8M	20x	as long as short
Aster MUUSD1	+0.0173%	8h	1,046.6	+0.043%	$21.6M	$47.3M	20x	as long as short
Variational Omni MU	+0.0202%	8h	1,046.1	−0.006%	$2.6M	$2.5M	—	as long as short
Binance MUUSDTlong	+0.0213%	8h	1,046.1	long leg	$124.9M	$533.5M	50x
Bullet MU-USD	+0.0217%	1h	1,046.1	−0.004%	$24K	$395K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,045.5	−0.059%	$757K	$1.4M	10x	as long as short
Nado MU-PERP	+0.0235%	1h	1,045.4	−0.068%	$270K	$877K	10x	as long as short
GRVT MU_USDT_Perp	+0.0256%	8h	1,046.3	+0.018%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0286%	8h	1,046.3	+0.011%	$19.2M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0287%	1h	1,045.9	−0.023%	$176.7M	$105.8M	10x	as long as short
BloFin MU-USDT	+0.0333%	8h	1,046.1	0.000%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0372%	1h	1,046.1	−0.009%	$62K	$261K	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046.6	+0.044%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.8	−0.033%	$74K	$240K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,046.7	+0.051%	$317K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0672%	1h	1,045.3	−0.083%	$540K	$1.1M	10x	as long as short