MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h −0.008%

Price spread now: Bitget against Binance+0.013%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$260.265% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days+0.014%+$1 · spread now +0.013%, 7d avg +0.007%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MUUSDT	1,036.2	0	get 0.0000% / 8h	1h 46m	$121.4M	$537.2M	50x
Short	Bitget MUUSDT	1,036.3	−0.0111	pay 0.0111% / 8h	1h 46m	$20.2M	$41.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$23.31
Price spread: +0.013% → +0.007%: $0.62
Slippage, 4 orders: −$4.49
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$49.17
Costs to cover: 0.265%
Break-even: never at this rate

Slippage from Binance: live order book, 12 min ago; 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 Binance live order book, 12 min ago	0.05 bp	5.2 bp −$5	6.9 bp −$69	15.9 bp −$1,589	doesn't fit
Sell Bitget live order book, 2 min ago	0.39 bp	8.0 bp −$8	10.0 bp −$100	doesn't fit	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	−0.0762%	4h	1,038.3	+0.202%	$1.3M	$673K	10x	as long as short
Bitget MUUSDTshort	−0.0111%	8h	1,036.3	+0.013%	$20.2M	$41.4M	50x
Aster MUUSD1	0.0000%	8h	1,036.6	+0.044%	$21.1M	$57.6M	20x	as long as short
Binance MUUSDTlong	0.0000%	8h	1,036.2	long leg	$121.4M	$537.2M	50x
Bybit MUUSDT	0.0000%	8h	1,036.2	+0.002%	$18.5M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,036	−0.015%	$29.9M	$101.3M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,036.8	+0.060%	$315K	$384K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,036.1	−0.009%	$61.4M	$28.3M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,037.8	+0.153%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037.8	+0.160%	$75K	$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	1,038.5	+0.228%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,037.8	+0.156%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,036.4	+0.024%	$74K	$548K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,036.4	+0.022%	$127K	$441K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,037.5	+0.123%	$3K	$44K	10x	as long as short
Bullet MU-USD	+0.0022%	1h	1,036.6	+0.042%	$25K	$389K	10x	as long as short
Nado MU-PERP	+0.0030%	1h	1,037.2	+0.095%	$276K	$816K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,036.4	+0.024%	$1.2M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,035.6	−0.060%	$541K	$1.1M	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,036.5	+0.028%	$7.0M	$18.5M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.465%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,037.2	+0.103%	$70K	$230K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,036.6	+0.041%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,036.5	+0.035%	$1.1M	$4.9M	20x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,036	−0.017%	$176.1M	$89.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,036.3	+0.012%	$168K	$196K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,036.5	+0.033%	$680K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.9	−0.026%	$1.9M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0053%	8h	1,036.8	+0.056%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,036.3	+0.009%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,036.6	+0.039%	$147K	$190K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,036	−0.021%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,037.4	+0.113%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,036.4	+0.025%	$824	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0104%	1h	1,037.6	+0.136%	$732K	$1.3M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,036.8	+0.059%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0231%	1h	1,037.7	+0.147%	$531K	$270K	15x	as long as short