MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin+0.110%7-day average +0.187% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$830.834% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 3 days (all we have)+0.010%+$1 · spread now +0.110%, 7d avg +0.187%

Together, before fees−0.161%−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.187%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MUUSDTM	1,050.6	0.0100	pay 0.0100% / 8h	7h 00m	$5.3M	$3.5M	20x
Short	SunX MU-USDT	1,051.7	0	get 0.0000% / 8h	7h 00m	$11K	$6.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$21
Price spread: +0.110% → +0.187%: −$7.64
Slippage, 4 orders: −$63.38
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$112.02
Costs to cover: 0.834%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; SunX: live order book, 9 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	3.62 bp	11.5 bp −$12	468.7 bp −$4,687	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	21.57 bp	32.7 bp −$33	doesn't fit	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	−0.0387%	4h	1,050.6	+0.006%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.5	−0.007%	$62.6M	$29.1M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050	−0.057%	$190K	$3.3M	20x	as long as short
SunX MU-USDTshort	0.0000%	8h	1,051.7	+0.110%	$11K	$6.1M	10x
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.4	−0.014%	$66K	$315K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.6	+0.007%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.7	+0.013%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	−0.003%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.077%	$19K	$5K	12x	as long as short
Lighter MU	+0.0040%	1h	1,050.5	−0.009%	$1.1M	$4.8M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,051.6	+0.100%	—	$179K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.6	+0.005%	$171K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.4	−0.012%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,050.1	−0.040%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,050.7	+0.017%	$7.6M	$20.9M	10x	as long as short
Nado MU-PERP	+0.0081%	1h	1,050.7	+0.011%	$275K	$858K	10x	as long as short
Paradex MU-USD-PERP	+0.0081%	8h	1,050.9	+0.031%	$2K	—	5x	as long as short
Pacifica MU	+0.0100%	1h	1,050.8	+0.022%	$149K	$186K	10x	as long as short
KuCoin MUUSDTMlong	+0.0100%	8h	1,050.6	long leg	$5.3M	$3.5M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,050.5	−0.003%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.6	+0.003%	$835	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0102%	8h	1,050.5	−0.005%	$30.9M	$101.5M	50x	as long as short
Aevo MU-PERP	+0.0152%	1h	1,050.4	−0.010%	$32K	$1K	10x	as long as short
Bullet MU-USD	+0.0158%	1h	1,050.7	+0.016%	$26K	$396K	10x	as long as short
Bybit MUUSDT	+0.0171%	8h	1,050.8	+0.024%	$19.4M	$32.6M	100x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.5	−0.007%	$762K	$1.2M	10x	as long as short
tradeXYZ xyz:MU	+0.0186%	1h	1,050.3	−0.024%	$178.4M	$100.2M	10x	as long as short
Extended MU_24_5-USD	+0.0232%	1h	1,050.3	−0.027%	$559K	$1.2M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,050.7	+0.010%	$71K	$242K	10x	as long as short
Variational Omni MU	+0.0260%	8h	1,050.4	−0.018%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0268%	8h	1,051	+0.043%	$21.6M	$48.6M	20x	as long as short
Binance MUUSDT	+0.0272%	8h	1,050.7	+0.015%	$126.1M	$522.2M	50x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,050.9	+0.032%	$316K	$340K	20x	as long as short
Phoenix MU	+0.0383%	1h	1,050.9	+0.033%	$538K	$306K	15x	as long as short
BloFin MU-USDT	+0.0392%	8h	1,050.6	+0.003%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0408%	8h	1,050.6	+0.007%	$20.6M	$41.6M	50x	as long as short
GRVT MU_USDT_Perp	+0.0582%	8h	1,051.5	+0.091%	$83K	$1.3M	10x	as long as short