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: Bitget against KuCoin+0.040%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

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

Long on KuCoin Short on Bitget

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	KuCoin MUUSDTM	1,045.2	0.0100	pay 0.0100% / 8h	12m 20s	$5.2M	$3.9M	20x
Short	Bitget MUUSDT	1,045.6	0.0113	get 0.0113% / 8h	12m 20s	$20.4M	$43.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.040%Rate

Funding earned: $2.73
Price spread: +0.040% → +0.050%: −$1.02
Slippage, 4 orders: −$16.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$38.99
Costs to cover: 0.407%
Break-even: 107.0 days

Slippage from KuCoin: live order book, just now; Bitget: live order book, 2 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 KuCoin live order book, just now	3.44 bp	12.1 bp −$12	496.8 bp −$4,968	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.05 bp	7.7 bp −$8	9.2 bp −$92	18.8 bp −$1,885	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	+0.043%	$1.3M	$674K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.3	+0.014%	$63.0M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,044.9	−0.033%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.9	+0.164%	$11K	$6.5M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,044.9	−0.026%	$129K	$456K	50x	as long as short
Aftermath Perps MUUSD	+0.0027%	1h	1,045.2	+0.005%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.2	+0.003%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.528%	$14K	$302	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,045.6	+0.036%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045	−0.018%	$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	1,045.2	−0.004%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.5	−0.065%	$2.0M	$2.7M	10x	as long as short
Lighter MU	+0.0064%	1h	1,045.3	+0.006%	$1.1M	$5.0M	20x	as long as short
OKX MU-USDT-SWAP	+0.0069%	8h	1,045.4	+0.019%	$30.8M	$104.4M	50x	as long as short
QFEX MU-USD	+0.0080%	1h	1,045.3	+0.014%	$7.9M	$23.9M	10x	as long as short
Bullet MU-USD	+0.0098%	1h	1,045.5	+0.026%	$25K	$394K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.4	+0.023%	$153K	$183K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,045.2	long leg	$5.2M	$3.9M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,045.4	+0.020%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.3	+0.014%	$831	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0102%	8h	1,045.4	+0.024%	$2K	—	5x	as long as short
Bitget MUUSDTshort	+0.0113%	8h	1,045.6	+0.040%	$20.4M	$43.5M	50x
Aevo MU-PERP	+0.0128%	1h	1,044.9	−0.024%	$33K	—	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0142%	1h	1,045.2	−0.003%	$62K	$284K	10x	as long as short
Nado MU-PERP	+0.0149%	1h	1,044.9	−0.028%	$272K	$875K	10x	as long as short
Aster MUUSD1	+0.0161%	8h	1,045.6	+0.043%	$21.5M	$47.3M	20x	as long as short
Variational Omni MU	+0.0178%	8h	1,045.8	+0.055%	$2.7M	$2.5M	—	as long as short
tradeXYZ xyz:MU	+0.0178%	1h	1,045.3	+0.011%	$177.1M	$104.9M	10x	as long as short
Binance MUUSDT	+0.0183%	8h	1,045.5	+0.030%	$124.3M	$530.9M	50x	as long as short
GRVT MU_USDT_Perp	+0.0218%	8h	1,045.9	+0.066%	$82K	$1.4M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,044.9	−0.026%	$757K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0258%	8h	1,045.6	+0.035%	$19.2M	$32.4M	100x	as long as short
Extended MU_24_5-USD	+0.0304%	1h	1,044.7	−0.044%	$546K	$1.1M	10x	as long as short
BloFin MU-USDT	+0.0306%	8h	1,045.4	+0.022%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0460%	1h	1,046	+0.077%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.3	+0.011%	$70K	$244K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,045.8	+0.057%	$316K	$339K	20x	as long as short