MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0145%/8h= +15.9% APRnext payment +$1.45 per $10,000 · paid last 24h +0.035%

Price spread now: BloFin against KuCoin+0.034%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

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

costs, in and out, $10k−$410.408% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.233%+$23 on $10k

Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.034%, 7d avg +0.051%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$4 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	1,050.3	0.0100	pay 0.0100% / 8h	5h 22m	$5.3M	$3.4M	20x
Short	BloFin MU-USDT	1,050.7	0.0245	get 0.0245% / 8h	5h 22m	$1.5M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.034%Rate

Funding earned: $30.49
Price spread: +0.034% → +0.051%: −$1.66
Slippage, 4 orders: −$16.82
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.99
Costs to cover: 0.408%
Break-even: 9.8 days

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 5 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, 5 min ago	3.10 bp	13.0 bp −$13	27.7 bp −$277	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.05 bp	6.0 bp −$6	6.4 bp −$64	10.4 bp −$1,039	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	−0.0738%	4h	1,050.1	−0.021%	$1.3M	$671K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.8	+0.051%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.7	+0.035%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.4	+0.010%	$62.0M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.2	−0.008%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,050.2	−0.011%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.2	+0.186%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.3	+0.001%	$67K	$377K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.2	−0.010%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,050.1	−0.019%	$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
OKX MU-USDT-SWAP	+0.0020%	8h	1,050.4	+0.012%	$31.0M	$99.7M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.3	+0.001%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.4	+0.007%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.102%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.1	−0.015%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.3	+0.098%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.6	+0.031%	$1.1M	$5.0M	20x	as long as short
Extended MU_24_5-USD	+0.0048%	1h	1,049.8	−0.044%	$564K	$1.1M	10x	as long as short
Nado MU-PERP	+0.0049%	1h	1,050.3	−0.002%	$282K	$847K	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.1	−0.018%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.4	+0.011%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.3	−0.097%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0055%	8h	1,050.4	+0.015%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0056%	1h	1,050.2	−0.009%	$178.1M	$98.9M	10x	as long as short
Aster MUUSD1	+0.0059%	8h	1,050.4	+0.009%	$21.4M	$53.1M	20x	as long as short
Bullet MU-USD	+0.0064%	1h	1,050.6	+0.029%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.033%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.5	+0.023%	$149K	$185K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,050.3	long leg	$5.3M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,050	−0.032%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.3	+0.001%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	−0.011%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,050	−0.025%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0114%	8h	1,050.6	+0.028%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0125%	8h	1,050.6	+0.029%	$126.5M	$518.5M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.4	+0.010%	$537K	$271K	15x	as long as short
BloFin MU-USDTshort	+0.0245%	8h	1,050.7	+0.034%	$1.5M	$2.0M	20x