MU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h −0.009%

Price spread now: Aevo against Bullet−0.080%55s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bullet Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.080% cheaper against Bullet than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 47 hours of funding at the current rate (+$4 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet MU-USD	1,049.2	0	get 0.0000% / 1h	36m 27s	$26K	$395K	10x
Short	Aevo MU-PERP	1,048.4	0.0136	get 0.0017% / 1h	36m 27s	$32K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bullet. 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 BulletbpFee AevobpOrdersPrice spread, now −0.080%Rate

Funding earned: $28.56
Price spread: −0.080% → 0.000%: −$8.02
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$3.46
Costs to cover: 0.240%
Break-even: 7.8 days

Slippage unknown: Bullet: live order book, 33 min ago; Aevo: no order-book sample. Net counts fees only.

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 Bullet live order book, 33 min ago	1.43 bp	7.1 bp −$7	21.0 bp −$210	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0949%	4h	1,048.4	−0.074%	$1.3M	$671K	10x	as long as short
Nado MU-PERP	−0.0007%	1h	1,048.4	−0.080%	$274K	$858K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,049.3	+0.005%	$19.2M	$32.6M	100x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.6	−0.057%	$62.1M	$27.6M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,048.7	−0.046%	$190K	$3.4M	20x	as long as short
Bullet MU-USDlong	0.0000%	1h	1,049.2	long leg	$26K	$395K	10x
SunX MU-USDT	0.0000%	8h	1,050.1	+0.083%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,048.2	−0.100%	$66K	$328K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,048.5	−0.071%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0021%	1h	1,048.6	−0.060%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,048.5	−0.068%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,048.5	−0.067%	$1.1M	$4.1M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,048.4	−0.079%	$567K	$1.2M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,048.6	−0.064%	$7.5M	$20.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,048.7	−0.048%	$71K	$237K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,049.8	+0.057%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049.1	−0.011%	$178.1M	$99.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,048.9	−0.030%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,048.5	−0.073%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.4	−0.078%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0068%	8h	1,048.7	−0.050%	$2K	—	5x	as long as short
OKX MU-USDT-SWAP	+0.0070%	8h	1,049.4	+0.016%	$30.8M	$100.7M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,048.5	−0.068%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,048.9	−0.031%	$5.2M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,048.6	−0.056%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048.8	−0.044%	$834	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.204%	$19K	$5K	12x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,048.1	−0.108%	$759K	$1.2M	10x	as long as short
Aevo MU-PERPshort	+0.0136%	1h	1,048.4	−0.080%	$32K	$1K	10x
GRVT MU_USDT_Perp	+0.0158%	8h	1,049	−0.024%	$81K	$1.3M	10x	as long as short
Aster MUUSD1	+0.0203%	8h	1,049.1	−0.011%	$21.6M	$50.1M	20x	as long as short
Variational Omni MU	+0.0219%	8h	1,049	−0.017%	$2.7M	$2.4M	—	as long as short
Binance MUUSDT	+0.0221%	8h	1,048.9	−0.028%	$126.8M	$524.7M	50x	as long as short
Bitget MUUSDT	+0.0278%	8h	1,049.4	+0.013%	$20.3M	$41.9M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,049.2	−0.002%	$537K	$273K	15x	as long as short
BloFin MU-USDT	+0.0368%	8h	1,049.8	+0.056%	$1.5M	$2.0M	20x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,049.1	−0.015%	$333K	$348K	20x	as long as short