MU funding rates and arbitrage
Updated 2026-11-11 22:47 UTC
Best MU arbitrage after every cost
No MU pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
MU funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bullet | MU-USD | 0.0033% | 1 h | +28.9% | — | $49.1K | 2026-11-11 23:00 |
| Crypto.com | MUUSD-PERP | 0.0028% | 1 h | +24.7% | +48.7% | $585.4K | 2026-11-11 23:00 |
| Bulk | MU-USD | 0.0024% | 1 h | +21.2% | — | $185.1K | 2026-11-11 23:00 |
| Lighter RH | MU | 0.0020% | 1 h | +17.5% | +13.2% | $3.3M | 2026-11-11 23:00 |
| Nado | MU-PERP_USDT0 | 0.0016% | 1 h | +13.6% | +10.3% | $163.5K | 2026-11-11 23:00 |
| Arcus | MU-USD | 0.0015% | 1 h | +13.2% | +14.6% | $605.5K | 2026-11-11 23:00 |
| Lighter | MU | 0.0015% | 1 h | +13.1% | +15.4% | $3.1M | 2026-11-11 23:00 |
| Pacifica | MU | 0.0013% | 1 h | +10.9% | +20.0% | $361.7K | 2026-11-11 23:00 |
| WhiteBIT | MU_PERP | 0.0100% | 8 h | +10.9% | +20.7% | $34.5M | 2026-11-12 00:00 |
| ApeX | MU-USDT | 0.0013% | 1 h | +10.9% | +15.2% | $49.5K | 2026-11-11 23:00 |
| TXFlow | MU-USDC | 0.0013% | 1 h | +10.9% | — | $325.3K | 2026-11-11 23:00 |
| Phoenix | MU | 0.0012% | 1 h | +10.8% | +12.8% | — | 2026-11-11 23:00 |
| Paradex | MU-USD-PERP | 0.0092% | 8 h | +10.0% | — | $1.6K | 2026-11-12 00:00 |
| Ondo Perps | MU-USD.P | 0.0006% | 1 h | +5.5% | — | $1.6M | 2026-11-11 23:00 |
| PopDEX | MUUSDT | 0.0006% | 1 h | +5.5% | +5.4% | — | 2026-11-11 23:00 |
| Backpack | MU.US_USDC_PERP | 0.0006% | 1 h | +5.5% | +50.3% | $176K | 2026-11-11 23:00 |
| BingX | NCSKMU2USD-USDT | 0.0050% | 8 h | +5.5% | +13.7% | $900.4K | 2026-11-12 00:00 |
| Hyperliquid | xyz:MU | 0.0006% | 1 h | +5.5% | +8.5% | $164.1M | 2026-11-11 23:00 |
| Extended | MU_24_5-USD | 0.0004% | 1 h | +3.5% | +14.9% | $356.5K | 2026-11-11 23:00 |
| Kraken | PF_MUUSD | 0.0003% | 1 h | +3.0% | +17.8% | $505.1K | 2026-11-11 23:00 |
| Bitunix | MUUSDT | 0.0014% | 8 h | +1.6% | +11.0% | — | 2026-11-12 00:00 |
| Bybit | MUUSDT | 0.0000% | 8 h | 0.0% | +2.1% | $27.6M | 2026-11-12 00:00 |
| KuCoin | MUUSDTM | 0.0000% | 8 h | 0.0% | +1.1% | $6.9M | 2026-11-12 00:00 |
| RISEx | MU/USDC | 0.0000% | 1 h | 0.0% | — | $769K | 2026-11-11 23:00 |
| MEXC | MUSTOCK_USDT | 0.0000% | 8 h | 0.0% | +7.6% | $92.5M | 2026-11-12 00:00 |
| Bitget | MUUSDT | 0.0000% | 8 h | 0.0% | +6.5% | $18.3M | 2026-11-12 00:00 |
| HTX | MU-USDT | 0.0000% | 8 h | 0.0% | +5.1% | $342.1K | 2026-11-12 00:00 |
| OKX | MU-USDT-SWAP | 0.0000% | 8 h | 0.0% | +2.6% | $40.1M | 2026-11-12 00:00 |
| StandX | MU-USD | 0.0000% | 1 h | 0.0% | — | $7.5K | 2026-11-11 23:00 |
| GRVT | MU_USDT_Perp | 0.0000% | 8 h | 0.0% | +7.8% | $49.7K | 2026-11-12 00:00 |
| Binance | MUUSDT | 0.0000% | 8 h | 0.0% | +7.4% | $144.7M | 2026-11-12 00:00 |
| Aster | MUUSDT | 0.0000% | 8 h | 0.0% | −3.0% | $837.8K | 2026-11-12 00:00 |
| Gate | MU_USDT | 0.0000% | 8 h | 0.0% | +5.0% | $37M | 2026-11-12 00:00 |
| Variational | MU-PERP | 0.0000% | 8 h | 0.0% | 0.0% | $2.1M | 2026-11-12 00:00 |
| QFEX | MU-USD | -0.0001% | 1 h | −0.8% | — | $6.8M | 2026-11-11 22:59 |
Cost to enter $10,000 of MU
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Lighter | MU | 0.7 bp | order-book snapshot, 43 min old |
| Hyperliquid | xyz:MU | 1.3 bp | order-book snapshot, 2 min old |
| Lighter RH | MU | 1.4 bp | order-book snapshot, 27 min old |
| MEXC | MUSTOCK_USDT | 2.1 bp | order-book snapshot, 9 min old |
| Nado | MU-PERP_USDT0 | 3.6 bp | order-book snapshot, 31 min old |
| Aster | MUUSDT | 3.9 bp | order-book snapshot, 49 min old |
| Backpack | MU.US_USDC_PERP | 5.1 bp * | order-book snapshot, 55 min old |
| BingX | NCSKMU2USD-USDT | 5.9 bp | order-book snapshot, 4 min old |
| Binance | MUUSDT | 6.0 bp * | order-book snapshot, 17 min old |
| OKX | MU-USDT-SWAP | 6.1 bp * | order-book snapshot, 16 min old |
| Bitunix | MUUSDT | 6.5 bp * | order-book snapshot, 39 min old |
| Bybit | MUUSDT | 7.9 bp | order-book snapshot, 14 min old |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
Questions
Is MU funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no MU pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest MU funding rate?
Bullet at +28.9% a year (0.0033% every 1 h); the lowest is QFEX at −0.8%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.