MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0216%/8h= −23.7% APRnext payment −$0.27 per $10,000 · paid last 24h +0.028%

Price spread now: Coinbase International against Extended−0.237%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

Price spread, last 3 days (all we have)+0.243%+$24 · spread now −0.237%, 7d avg +0.003%

Together, before fees+0.426%+ Points / potential airdropExtended: Active · farm board+$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.240% cheaper against Extended than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.184%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MU_24_5-USD	1,050.8	0.0400	pay 0.0050% / 1h	24m 49s	$570K	$1.2M	10x
Short	Coinbase International MU-PERP-INTX	1,048.4	0.0184	get 0.0023% / 1h	24m 49s	$759K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.237%Rate

Funding earned: −$45.36
Price spread: −0.237% → +0.003%: −$24
Slippage, 4 orders: −$11.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$95.8
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Coinbase International: 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 Extended live order book, 3 min ago	0.05 bp	4.3 bp −$4	13.3 bp −$133	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	4.42 bp	10.1 bp −$10	10.5 bp −$105	74.4 bp −$7,439	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	−0.0576%	4h	1,052.5	+0.160%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,051.2	+0.036%	$62.8M	$28.9M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,051.5	+0.062%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.6	+0.166%	$11K	$6.2M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,051.1	+0.019%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.8	−0.002%	$3K	$45K	10x	as long as short
Lighter MU	+0.0032%	1h	1,050.4	−0.041%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	−0.029%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.049%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,052.1	+0.121%	—	$179K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps MU-USD	+0.0050%	1h	1,051	+0.014%	$171K	$203K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.7	+0.084%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,051.3	+0.045%	$7.7M	$22.1M	10x	as long as short
Nado MU-PERP	+0.0083%	1h	1,051.1	+0.021%	$274K	$857K	10x	as long as short
Paradex MU-USD-PERP	+0.0093%	8h	1,051.4	+0.054%	$2K	—	5x	as long as short
Pacifica MU	+0.0100%	1h	1,050.6	−0.021%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.7	−0.011%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,052	+0.106%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,051.4	+0.053%	$836	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0104%	8h	1,050.4	−0.044%	$30.9M	$101.8M	50x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,051	+0.015%	$32K	$1K	10x	as long as short
SoDEX MU-USD	+0.0139%	1h	1,051.2	+0.034%	$690K	$16K	10x	as long as short
Coinbase International MU-PERP-INTXshort	+0.0184%	1h	1,048.4	−0.237%	$759K	$1.2M	10x
Bybit MUUSDT	+0.0197%	8h	1,050.7	−0.011%	$19.4M	$32.6M	100x	as long as short
Bullet MU-USD	+0.0224%	1h	1,051.4	+0.054%	$26K	$396K	10x	as long as short
Variational Omni MU	+0.0224%	8h	1,051.7	+0.076%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0235%	8h	1,050.7	−0.012%	$21.6M	$48.3M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0235%	1h	1,051.1	+0.026%	$64K	$304K	10x	as long as short
Binance MUUSDT	+0.0237%	8h	1,050.5	−0.036%	$126.0M	$522.7M	50x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051.3	+0.038%	$71K	$243K	10x	as long as short
tradeXYZ xyz:MU	+0.0252%	1h	1,050.5	−0.033%	$178.3M	$100.3M	10x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,051.5	+0.063%	$316K	$339K	20x	as long as short
BloFin MU-USDT	+0.0355%	8h	1,051.3	+0.040%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0372%	8h	1,050.8	−0.007%	$20.6M	$41.6M	50x	as long as short
Phoenix MU	+0.0383%	1h	1,050.2	−0.062%	$537K	$306K	15x	as long as short
Extended MU_24_5-USDlong	+0.0400%	1h	1,050.8	long leg	$570K	$1.2M	10x
GRVT MU_USDT_Perp	+0.0551%	8h	1,052.6	+0.164%	$83K	$1.3M	10x	as long as short