MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.017%

Price spread now: KuCoin against Bitget−0.040%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days+0.114%+$11 · spread now −0.040%, 7d avg −0.050%

Together, before fees+0.095%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, 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	Bitget MUUSDT	1,045.6	0.0113	pay 0.0113% / 8h	12m 17s	$20.4M	$43.5M	50x
Short	KuCoin MUUSDTM	1,045.2	0.0100	get 0.0100% / 8h	12m 17s	$5.2M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$2.73
Price spread: −0.040% → −0.050%: $1.02
Slippage, 4 orders: −$16.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$42.41
Costs to cover: 0.407%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, just now.

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 Bitget live order book, 2 min ago	0.05 bp	7.5 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell KuCoin live order book, just now	3.44 bp	13.4 bp −$13	35.9 bp −$359	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	−0.0712%	4h	1,045.6	+0.004%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.3	−0.025%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,044.9	−0.072%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.2	+0.148%	$11K	$6.5M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.2	−0.037%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0027%	1h	1,045.2	−0.034%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.2	−0.034%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.489%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,045.6	−0.003%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045	−0.057%	$169K	$191K	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	1,045.3	−0.029%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.5	−0.104%	$2.0M	$2.7M	10x	as long as short
Lighter MU	+0.0064%	1h	1,045.2	−0.038%	$1.1M	$5.0M	20x	as long as short
OKX MU-USDT-SWAP	+0.0068%	8h	1,045.4	−0.020%	$30.8M	$104.4M	50x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.3	−0.025%	$7.9M	$23.9M	10x	as long as short
Bullet MU-USD	+0.0098%	1h	1,045.5	−0.013%	$25K	$394K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	−0.016%	$153K	$183K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,045.2	−0.040%	$5.2M	$3.9M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,045.4	−0.019%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.3	−0.025%	$831	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0102%	8h	1,045.4	−0.015%	$2K	—	5x	as long as short
Bitget MUUSDTlong	+0.0113%	8h	1,045.6	long leg	$20.4M	$43.5M	50x
Aevo MU-PERP	+0.0128%	1h	1,045.3	−0.028%	$33K	—	10x	as long as short
Nado MU-PERP	+0.0149%	1h	1,044.9	−0.067%	$272K	$875K	10x	as long as short
Aster MUUSD1	+0.0161%	8h	1,045.6	+0.004%	$21.5M	$47.3M	20x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	+0.016%	$2.7M	$2.5M	—	as long as short
tradeXYZ xyz:MU	+0.0178%	1h	1,045.3	−0.029%	$177.1M	$104.9M	10x	as long as short
Binance MUUSDT	+0.0183%	8h	1,045.5	−0.010%	$124.3M	$530.9M	50x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0190%	1h	1,045.2	−0.037%	$62K	$285K	10x	as long as short
GRVT MU_USDT_Perp	+0.0218%	8h	1,045.9	+0.027%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.065%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0258%	8h	1,045.6	−0.001%	$19.2M	$32.4M	100x	as long as short
Extended MU_24_5-USD	+0.0296%	1h	1,044.8	−0.077%	$546K	$1.1M	10x	as long as short
BloFin MU-USDT	+0.0306%	8h	1,045.4	−0.017%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0460%	1h	1,046	+0.038%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.3	−0.028%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,045.8	+0.018%	$316K	$339K	20x	as long as short