MU

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h +0.011%

Price spread now: Coinbase International against tradeXYZ+0.036%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.036%, 7d avg +0.013%

Together, before fees+0.139%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against tradeXYZ than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MU	1,037.2	0.0050	pay 0.0006% / 1h	30m 32s	$176.3M	$82.7M	10x
Short	Coinbase International MU-PERP-INTX	1,037.6	0.0080	get 0.0010% / 1h	30m 32s	$725K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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 tradeXYZbpFee Coinbase InternationalbpOrdersPrice spread, now +0.036%Rate

Funding earned: $6.3
Price spread: +0.036% → +0.013%: $2.31
Slippage, 4 orders: −$10.15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$29.53
Costs to cover: 0.381%
Break-even: 39.8 days

Slippage from tradeXYZ: live order book, 9 min ago; Coinbase International: live order book, 3 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 tradeXYZ live order book, 9 min ago	0.48 bp	9.9 bp −$10	11.4 bp −$114	16.4 bp −$1,641	doesn't fit
Sell Coinbase International live order book, 3 min ago	0.05 bp	10.7 bp −$11	14.5 bp −$145	56.2 bp −$5,622	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	−0.0695%	4h	1,037.8	+0.059%	$1.3M	$674K	10x	as long as short
Bitget MUUSDT	−0.0176%	8h	1,037.4	+0.019%	$20.2M	$40.0M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,037.8	+0.055%	$21.2M	$65.7M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,037.2	0.000%	$122.0M	$538.5M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,037.2	−0.004%	$18.7M	$32.3M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,037.1	−0.010%	$29.8M	$100.0M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,037.5	+0.025%	$313K	$385K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,037.1	−0.009%	$61.4M	$28.3M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,037.5	+0.028%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,038.4	+0.112%	$71K	$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	1,037.9	+0.067%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.4	+0.209%	$11K	$5.5M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,037.4	+0.023%	$74K	$610K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,037.3	+0.006%	$126K	$481K	50x	as long as short
Bullet MU-USD	+0.0014%	1h	1,037.7	+0.052%	$25K	$390K	10x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,037.8	+0.061%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0021%	1h	1,037.4	+0.015%	$280K	$806K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,037.1	−0.011%	$7.0M	$18.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,037.4	+0.014%	$1.0M	$4.9M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,037.3	+0.005%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,036.6	−0.057%	$545K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.365%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.1	−0.006%	$90K	$245K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,037.6	+0.039%	—	$175K	25x	as long as short
tradeXYZ xyz:MUlong	+0.0050%	1h	1,037.2	long leg	$176.3M	$82.7M	10x
Polymarket Perps MU-USD	+0.0050%	1h	1,037.4	+0.019%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,037.5	+0.027%	$681K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,037.1	−0.012%	$1.8M	$2.7M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,037.2	+0.002%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,037.2	+0.004%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTXshort	+0.0080%	1h	1,037.6	+0.036%	$725K	$1.2M	10x
Pacifica MU	+0.0100%	1h	1,037.1	−0.014%	$147K	$188K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,037.1	−0.008%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,037.2	+0.002%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,037.6	+0.039%	$825	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,037.6	+0.041%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0232%	1h	1,038.2	+0.096%	$531K	$270K	15x	as long as short