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: KuCoin against SunX−0.272%54s7-day average −0.183% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.912% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.272%, 7d avg −0.183%

Together, before fees+0.356%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.088% cheaper against SunX than usual: you would sell low and buy high (spread −0.272% now, against its 7-day average of −0.183%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MU-USDT	1,045.4	0	get 0.0000% / 8h	3h 05m	$11K	$5.8M	10x
Short	KuCoin MUUSDTM	1,042.6	0.0100	get 0.0100% / 8h	3h 05m	$5.2M	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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 SunXbpFee KuCoinbpOrdersPrice spread, now −0.272%Rate

Funding earned: $21
Price spread: −0.272% → −0.183%: −$8.82
Slippage, 4 orders: −$71.23
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$79.05
Costs to cover: 0.912%
Break-even: 33.3 days

Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 7 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 SunX live order book, 3 min ago	21.58 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	2.49 bp	16.9 bp −$17	28.3 bp −$283	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	−0.0615%	4h	1,042.3	−0.292%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,043.1	−0.221%	$21.2M	$56.9M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,042.7	−0.254%	$123.2M	$525.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,042.8	−0.246%	$18.6M	$31.9M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,042.9	−0.241%	$30.7M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,042.8	−0.249%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,042.8	−0.246%	$61.9M	$28.1M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,042.9	−0.240%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,043.3	−0.200%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,042.5	−0.279%	$83K	$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	1,043.2	−0.210%	$189K	$3.5M	20x	as long as short
SunX MU-USDTlong	0.0000%	8h	1,045.4	long leg	$11K	$5.8M	10x
HTX MU-USDT	0.0000%	8h	1,042.9	−0.237%	$129K	$435K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,042.6	−0.270%	$3K	$44K	10x	as long as short
Nado MU-PERP	+0.0031%	1h	1,042.3	−0.295%	$281K	$823K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,042.7	−0.260%	$7.0M	$18.0M	10x	as long as short
Lighter MU	+0.0032%	1h	1,042.8	−0.247%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,042.6	−0.265%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,042.2	−0.308%	$555K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.571%	$19K	$5K	12x	as long as short
Bullet MU-USD	+0.0037%	1h	1,042.9	−0.238%	$26K	$392K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,042.7	−0.260%	$70K	$232K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,043	−0.233%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,042.5	−0.276%	$177.3M	$94.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,042.6	−0.267%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043	−0.229%	$684K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,043.2	−0.214%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042	−0.321%	$1.9M	$2.3M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043	−0.232%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,042.8	−0.249%	$147K	$185K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,042.6	−0.272%	$5.2M	$3.4M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,042.3	−0.297%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.4	−0.190%	$830	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,044.6	−0.076%	$749K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,042.5	−0.281%	$1.5M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0201%	1h	1,043.5	−0.181%	$73K	$490K	10x	as long as short
Phoenix MU	+0.0305%	1h	1,043.1	−0.219%	$534K	$271K	15x	as long as short