MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.021%

Price spread now: KuCoin against OKX−0.038%7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.373% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.048%+$5 on $10k

Price spread, last 7 days+0.085%+$8 · spread now −0.038%, 7d avg −0.036%

Together, before fees+0.133%+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MU-USDT-SWAP	1,050.2	0.0050	pay 0.0050% / 8h	6h 14m	$30.8M	$100.5M	50x
Short	KuCoin MUUSDTM	1,049.8	0.0100	get 0.0100% / 8h	6h 14m	$5.3M	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.038%Rate

Funding earned: $10.48
Price spread: −0.038% → −0.036%: −$0.18
Slippage, 4 orders: −$15.29
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$26.99
Costs to cover: 0.373%
Break-even: 25.0 days

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 4 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 OKX live order book, 5 min ago	0.05 bp	5.1 bp −$5	7.6 bp −$76	24.0 bp −$2,400	doesn't fit
Sell KuCoin live order book, 4 min ago	2.86 bp	11.7 bp −$12	35.5 bp −$355	doesn't fit	doesn't fit

MU on 36 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	−0.0876%	4h	1,049.5	−0.065%	$1.3M	$672K	10x	as long as short
Nado MU-PERP	−0.0004%	1h	1,049.7	−0.045%	$277K	$854K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.4	+0.017%	$19.2M	$32.6M	100x	as long as short
Gate MU_USDT	0.0000%	8h	1,050	−0.020%	$62.0M	$27.7M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,049.6	−0.054%	$190K	$3.4M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,050.2	0.000%	$25K	$394K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.4	+0.116%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.8	−0.039%	$66K	$342K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.7	−0.041%	$129K	$425K	50x	as long as short
Aftermath Perps MUUSD	+0.0017%	1h	1,049.7	−0.049%	$3K	$45K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,049.8	−0.031%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.8	−0.036%	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,049.3	−0.085%	$567K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,049.8	−0.034%	$7.4M	$19.3M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,049.7	−0.045%	$71K	$236K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.8	+0.059%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049.9	−0.026%	$178.2M	$99.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.8	−0.035%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050	−0.021%	$689K	$16K	10x	as long as short
OKX MU-USDT-SWAPlong	+0.0050%	8h	1,050.2	long leg	$30.8M	$100.5M	50x
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.3	−0.081%	$1.9M	$2.3M	10x	as long as short
GRVT MU_USDT_Perp	+0.0056%	8h	1,049.8	−0.034%	$81K	$1.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0061%	8h	1,050.1	−0.003%	$2K	—	5x	as long as short
Pacifica MU	+0.0100%	1h	1,049.9	−0.030%	$149K	$187K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,049.8	−0.038%	$5.3M	$3.5M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,049.9	−0.030%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.1	−0.007%	$835	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.113%	$19K	$5K	12x	as long as short
Aevo MU-PERP	+0.0128%	1h	1,049.7	−0.045%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,050.3	+0.010%	$757K	$1.2M	10x	as long as short
Aster MUUSD1	+0.0148%	8h	1,050	−0.013%	$21.6M	$51.7M	20x	as long as short
Variational Omni MU	+0.0171%	8h	1,049.8	−0.035%	$2.7M	$2.4M	—	as long as short
Binance MUUSDT	+0.0188%	8h	1,050.1	−0.004%	$126.5M	$523.1M	50x	as long as short
Bitget MUUSDT	+0.0224%	8h	1,050.1	−0.006%	$20.6M	$41.9M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,050.2	+0.003%	$537K	$273K	15x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,050.2	+0.007%	$334K	$349K	20x	as long as short