MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.6% APRnext payment +$0.87 per $10,000 · paid last 24h +0.035%

Price spread now: BloFin against KuCoin+0.058%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.233%+$23 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.058%, 7d avg +0.050%

Together, before fees+0.099%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, 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	KuCoin MUUSDTM	1,051.9	0.0100	pay 0.0100% / 8h	4h 34m	$5.3M	$3.4M	20x
Short	BloFin MU-USDT	1,052.5	0.0187	get 0.0187% / 8h	4h 34m	$1.5M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.058%Rate

Funding earned: $18.35
Price spread: +0.058% → +0.050%: $0.77
Slippage, 4 orders: −$17.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$21.97
Costs to cover: 0.411%
Break-even: 15.4 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: 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 KuCoin live order book, 3 min ago	3.14 bp	13.6 bp −$14	29.7 bp −$297	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.19 bp	7.2 bp −$7	7.9 bp −$79	12.0 bp −$1,198	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	−0.0619%	4h	1,052.1	+0.016%	$1.3M	$672K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,052	+0.012%	$31.2M	$99.8M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.3	+0.040%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052	+0.010%	$62.3M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.3	+0.043%	$82K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,051.6	−0.024%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,054.2	+0.221%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052.4	+0.045%	$131K	$436K	50x	as long as short
Aster MUUSD1	+0.0004%	8h	1,052.1	+0.025%	$21.4M	$55.0M	20x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,052.3	+0.039%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MUUSDT	+0.0024%	8h	1,052.3	+0.037%	$19.1M	$32.3M	100x	as long as short
Variational Omni MU	+0.0032%	8h	1,052.2	+0.033%	$2.7M	$2.4M	—	as long as short
Lighter RH MU	+0.0032%	1h	1,052.1	+0.017%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,051.5	−0.039%	$564K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.049%	$19K	$5K	12x	as long as short
QFEX MU-USD	+0.0034%	1h	1,051.9	+0.003%	$7.2M	$17.9M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,052	+0.012%	$71K	$234K	10x	as long as short
Bullet MU-USD	+0.0041%	1h	1,052.4	+0.046%	$25K	$398K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.2	+0.129%	—	$176K	25x	as long as short
Nado MU-PERP	+0.0046%	1h	1,051.9	+0.004%	$282K	$842K	10x	as long as short
Lighter MU	+0.0048%	1h	1,052	+0.015%	$1.1M	$5.1M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,052.1	+0.021%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052.3	+0.042%	$691K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.4	−0.043%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,052.3	+0.037%	$2K	—	5x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0054%	1h	1,052	+0.008%	$69K	$420K	10x	as long as short
Binance MUUSDT	+0.0067%	8h	1,052.1	+0.021%	$126.8M	$517.2M	50x	as long as short
tradeXYZ xyz:MU	+0.0078%	1h	1,051.8	−0.008%	$178.8M	$99.0M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,052.1	+0.024%	$758K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0096%	1h	1,051.9	+0.004%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,051.7	−0.017%	$148K	$185K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,051.9	long leg	$5.3M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,052.3	+0.042%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.3	+0.036%	$837	$799	20x	as long as short
Bitget MUUSDT	+0.0112%	8h	1,052.3	+0.035%	$20.5M	$41.1M	50x	as long as short
BloFin MU-USDTshort	+0.0187%	8h	1,052.5	+0.058%	$1.5M	$2.0M	20x
Phoenix MU	+0.0304%	1h	1,052.3	+0.040%	$538K	$271K	15x	as long as short