MU

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.026%

Price spread now: SunX against Bybit+0.176%7-day average +0.140% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$740.737% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.176%, 7d avg +0.140%

Together, before fees−0.278%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.036% dearer against Bybit than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.140%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MUUSDT	1,034.5	0.0051	pay 0.0051% / 8h	6h 15m	$18.8M	$32.4M	100x
Short	SunX MU-USDT	1,036.3	0	get 0.0000% / 8h	6h 15m	$11K	$5.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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 BybitbpFee SunXbpOrdersPrice spread, now +0.176%Rate

Funding earned: −$10.7
Price spread: +0.176% → +0.140%: $3.61
Slippage, 4 orders: −$54.67
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$80.76
Costs to cover: 0.737%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; SunX: live order book, 6 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 Bybit live order book, 1 min ago	0.05 bp	7.5 bp −$7	12.3 bp −$123	29.4 bp −$2,944	doesn't fit
Sell SunX live order book, 6 min ago	21.61 bp	32.7 bp −$33	doesn't fit	doesn't fit	doesn't fit

MU on 37 exchanges

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	−0.0255%	4h	1,033	−0.144%	$1.3M	$695K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,034.7	+0.017%	$21.1M	$72.4M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,034.6	+0.011%	$120.8M	$549.9M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,034.6	+0.011%	$29.4M	$106.4M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,034.5	−0.005%	$61.6M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,034.6	+0.005%	$19.8M	$42.8M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,034.5	+0.002%	$2.6M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,033.5	−0.101%	$187K	$3.7M	20x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,036.3	+0.176%	$11K	$5.1M	10x
HTX MU-USDT	0.0000%	8h	1,034.9	+0.041%	$119K	$475K	50x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MU_USDC-PERPETUAL	+0.0021%	1h	1,034.4	−0.014%	$43K	$700K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,034.5	−0.007%	$1.1M	$4.5M	10x	as long as short
Aftermath Perps MUUSD	+0.0032%	1h	1,033.5	−0.103%	$3K	$42K	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.628%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,035	+0.049%	—	$177K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,034.8	+0.027%	$167K	$178K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,034.5	−0.001%	$679K	$13K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,032.5	−0.199%	$1.9M	$3.2M	10x	as long as short
Bybit MUUSDTlong	+0.0051%	8h	1,034.5	long leg	$18.8M	$32.4M	100x
QFEX MU-USD	+0.0059%	1h	1,034.5	0.000%	$7.0M	$19.0M	10x	as long as short
Paradex MU-USD-PERP	+0.0067%	8h	1,034.2	−0.034%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,034.5	−0.001%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,034	−0.051%	$146K	$223K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,034	−0.049%	$5.2M	$5.6M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,033.6	−0.094%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,034.3	−0.022%	$822	$799	20x	as long as short
RISEx MU/USDC	+0.0107%	1h	1,034.5	−0.007%	$295K	$350K	20x	as long as short
GRVT MU_USDT_Perp	+0.0115%	8h	1,033.5	−0.098%	$76K	$1.4M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,033.7	−0.080%	$1.4M	$2.5M	20x	as long as short
Nado MU-PERP	+0.0122%	1h	1,034.5	−0.006%	$270K	$840K	10x	as long as short
Lighter MU	+0.0136%	1h	1,034.6	+0.007%	$1.0M	$5.0M	20x	as long as short
Arcus MU-USD	+0.0139%	1h	1,034.5	−0.001%	$90K	$148K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,033.5	−0.099%	$732K	$1.2M	10x	as long as short
tradeXYZ xyz:MU	+0.0178%	1h	1,034.2	−0.031%	$175.4M	$75.8M	10x	as long as short
Bullet MU-USD	+0.0213%	1h	1,035.1	+0.056%	$25K	$386K	10x	as long as short
Extended MU_24_5-USD	+0.0264%	1h	1,033.7	−0.076%	$549K	$1.1M	10x	as long as short
Phoenix MU	+0.0310%	1h	1,033.4	−0.108%	$529K	$269K	15x	as long as short