MU

Alert

Funding spread now, next payment 18:00 UTC+0.0799%/8h

paid, last 24h+0.018%paid, last 7 days+0.510%to open and close $10k−$29

Long on Coinbase International Short on edgeX

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.510% in total (about 26.6% a year). A funding rate is set anew for every payment. 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	Coinbase International MU-PERP-INTX	1,045	0.0144	pay 0.0018% / 1h	17m 26s	$783K	$1.7M	10x
Short	edgeX MUUSDC	1,044.9	0.0943	get 0.0472% / 4h	1h 17m	$1.3M	$671K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee edgeXbpOrdersRate

Funding earned: $167.85
Slippage, 4 orders: −$9.69
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $139.16
Break-even: 1.2 days

Slippage from Coinbase International: live order book, 3 min ago; edgeX: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.003%
Avg gap 7d: +0.027%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Coinbase International live order book, 3 min ago	3.87 bp	9.7 bp −$10	13.7 bp −$137	43.6 bp −$4,356	doesn't fit
Sell edgeX live order book, 3 min ago	0.29 bp	4.9 bp −$5	6.7 bp −$67	29.3 bp −$2,934	doesn't fit

MU on 36 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster MUUSD1	0.0000%	8h	$21.5M	$26.5M	20x	as long as short
Binance MUUSDT	0.0000%	8h	$126.1M	$505.7M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	$18.0M	$30.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	$31.1M	$98.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	$285K	$329K	20x	as long as short
Gate MU_USDT	0.0000%	8h	$64.0M	$27.3M	75x	as long as short
Variational Omni MU	0.0000%	8h	$2.7M	$2.7M	—	as long as short
StandX MU-USD	0.0000%	1h	$189K	$2.8M	20x	as long as short
Bullet MU-USD	0.0000%	1h	$25K	$398K	10x	as long as short
SunX MU-USDT	0.0000%	8h	$11K	$6.7M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
HTX MU-USDT	0.0000%	8h	$125K	$444K	50x	as long as short
Bitget MUUSDT	+0.0015%	8h	$20.1M	$40.3M	50x	as long as short
QFEX MU-USD	+0.0031%	1h	$7.9M	$23.0M	10x	as long as short
Lighter MU	+0.0032%	1h	$984K	$4.6M	20x	as long as short
Lighter RH MU	+0.0032%	1h	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	$523K	$1.0M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	$14K	$302	12x	as long as short
Arcus MU-USD	+0.0040%	1h	$63K	$236K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	$177.9M	$97.0M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	$164K	$159K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	$1.9M	$2.5M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	$2K	—	5x	as long as short
Nado MU-PERP	+0.0073%	1h	$334K	$781K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	$33K	—	10x	as long as short
Pacifica MU	+0.0100%	1h	$147K	$158K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	$5.2M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	$831	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	$1.5M	$1.8M	20x	as long as short
Coinbase International MU-PERP-INTXlong	+0.0144%	1h	$783K	$1.7M	10x
Aftermath Perps MUUSD	+0.0147%	1h	$3K	$44K	10x	as long as short
Phoenix MU	+0.0154%	1h	$530K	$192K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0219%	1h	$54K	$137K	10x	as long as short
edgeX MUUSDCshort	+0.0943%	4h	$1.3M	$671K	10x