MU

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.051%

Price spread now: Coinbase International against Injective−0.127%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.372%+$37 on $10k

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. Coinbase International is 0.127% cheaper against Injective than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.372% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	42m 49s	$19K	$5K	12x
Short	Coinbase International MU-PERP-INTX	1,050	0.0120	get 0.0015% / 1h	42m 49s	$757K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee Coinbase InternationalbpOrdersPrice spread, now −0.127%Rate

Funding earned: $18.2
Price spread: −0.127% → 0.000%: −$12.65
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$4.47
Costs to cover: 0.100%
Break-even: 8.7 days

Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 1 min ago	3.77 bp	8.8 bp −$9	9.3 bp −$93	52.9 bp −$5,295	doesn't fit

Injective: 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	−0.0933%	4h	1,048.6	−0.261%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,048.1	−0.309%	$21.3M	$56.1M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,047.9	−0.327%	$125.4M	$517.9M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,048.1	−0.310%	$19.0M	$32.0M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,047.8	−0.338%	$31.1M	$99.6M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,047.9	−0.332%	$338K	$354K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,047.7	−0.348%	$62.3M	$27.7M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,047.9	−0.331%	$20.5M	$41.3M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,048.6	−0.265%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,048.5	−0.274%	$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	1,047.7	−0.344%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.3	−0.291%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,047.4	−0.380%	$130K	$431K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,047.8	−0.335%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,047.2	−0.393%	$7.1M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,047.6	−0.354%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,047.6	−0.360%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,047.1	−0.407%	$553K	$1.1M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Arcus MU-USD	+0.0040%	1h	1,047.9	−0.333%	$71K	$233K	10x	as long as short
BloFin MU-USDT	+0.0041%	8h	1,047.6	−0.360%	$1.5M	$2.0M	20x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,048.2	−0.302%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,047.4	−0.377%	$177.6M	$97.5M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,047.4	−0.377%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,047.6	−0.358%	$687K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,047.4	−0.375%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,047.4	−0.379%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0055%	1h	1,047.1	−0.401%	$282K	$830K	10x	as long as short
Bullet MU-USD	+0.0065%	1h	1,047.8	−0.340%	$26K	$395K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,047.2	−0.395%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,047.5	−0.367%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,047.7	−0.350%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,048.3	−0.292%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,047.7	−0.351%	$833	$799	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0113%	1h	1,047.5	−0.367%	$73K	$465K	10x	as long as short
Coinbase International MU-PERP-INTXshort	+0.0120%	1h	1,050	−0.127%	$757K	$1.2M	10x
Phoenix MU	+0.0305%	1h	1,048.4	−0.282%	$536K	$271K	15x	as long as short