MU funding rates
MU perpetual funding across 12 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 9.5%long Gate, short RISEx · net 4.0%
- Highest funding now
- 14.9%LrLighter RH
- Lowest funding now
- −2.2%BgBitgetCEX
- Listed on
- 12 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LrLighter RH | MU | 14.9% | 7.5% | 5.0% | 3.8% | 4.6% | 99% | 1h | 05:00 | 1,030 | $2.0M | $4.2M | TradFi | LrLighter RH | |
| NaNado | MU-PERP_USDT0 | 12.3% | −3.8% | 4.3% | 4.8% | 5.7% | 61% | 1h | 05:00 | 1,031 | $398k | $218k | TradFi | NaNado | |
| RwRWA Perp | PERP_MU_USDC_mythos | 10.9% | 10.9% | 11.0% | 10.0% | 11.0% | 100% | 8h | 08:00 | 1,031 | $3k | $2k | TradFi | RwRWA Perp | |
| PmPolymarket | MU-USD | 5.5% | 9.5% | 6.1% | 5.7% | 5.5% | 100% | 1h | 05:00 | 1,030 | $334k | $264k | TradFi | PmPolymarket | |
| LiLighter | MU | 3.5% | 7.0% | 4.0% | 6.8% | 3.5% | 98% | 1h | 05:00 | 1,030 | $1.5M | $2.9M | TradFi | LiLighter | |
| AsAster | MUUSDT | 0.0% | 0.0% | 3.1% | 4.5% | 3.6% | 26% | 8h | 08:00 | 1,031 | $1.3M | $424k | TradFi | AsAster | |
| GrGRVT | MU_USDT_Perp | 0.0% | 0.1% | 1.9% | 5.3% | 2.2% | 22% | 8h | 08:00 | 1,031 | $38k | $365k | TradFi | GrGRVT | |
| RxRISEx | MU/USDC | 0.0% | 9.2% | 10.1% | 12.5% | 10.2% | 38% | 1h | 05:00 | 1,031 | $1.8M | $3.4M | TradFi | RxRISEx | |
| VaVariational | MU | 0.0% | 0.6% | 2.5% | 3.4% | 2.8% | 23% | 8h | — | 1,029 | $2.9M | $3.5M | TradFi | VaVariational | |
| ByBybitCEX | MUUSDT | 0.0% | 0.0% | 2.7% | 3.8% | 3.1% | 24% | 8h | 08:00 | 1,030 | $21.0M | $58.7M | TradFi | ByBybit | |
| GtGateCEX | MU_USDT | 0.0% | 0.0% | 0.6% | 0.3% | 0.7% | 16% | 8h | 08:00 | 1,031 | $53.7M | $5.4M | TradFi | GtGate | |
| BgBitgetCEX | MUUSDT | −2.2% | −0.7% | 3.8% | 7.3% | 4.6% | 38% | 8h | 08:00 | 1,030 | $21.3M | $35.5M | TradFi | BgBitget |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| VaVariational | RxRISEx | 0.0% | 8.6% | 7.6% | 9.1% | 6.0% | 9.0% | 2.9d | cooling | $1.8M | 8h/1hTradFispread not incl. | VaRx | calc | |
| GtGateCEX | RxRISEx | 0.0% | 9.1% | 9.5% | 12.3% | 4.0% | 6.0% | 8.1d | cooling | $1.8M | 8h/1hTradFi | GtRx | calc | |
| AsAster | RxRISEx | 0.0% | 9.2% | 7.0% | 8.1% | 3.4% | 5.1% | 7.3d | cooling | $1.3M | 8h/1hTradFi | AsRx | calc | |
| ByBybitCEX | RxRISEx | 0.0% | 9.2% | 7.4% | 8.7% | 3.0% | 4.4% | 8.4d | cooling | $1.8M | 8h/1hTradFi | ByRx | calc | |
| VaVariational | LrLighter RH | 14.9% | 6.9% | 2.5% | 0.2% | 2.5% | 3.8% | <0.1d | weak | $2.0M | 8h/1hTradFispread not incl. | VaLr | calc | |
| NaNado | RxRISEx | −12.3% | 13.0% | 5.8% | 7.7% | 2.4% | 3.5% | 8.2d | weak | $398k | TradFi | NaRx | calc | |
| LiLighter | RxRISEx | −3.5% | 2.2% | 6.1% | 5.7% | 4.6% | 6.8% | 3.6d | mixed | $1.5M | TradFi | LiRx | calc | |
| GrGRVT | RxRISEx | 0.0% | 9.1% | 8.2% | 7.2% | 4.3% | 6.4% | 6.7d | cooling | $38k | low OI8h/1hTradFi | GrRx | calc | |
| LrLighter RH | RxRISEx | −14.9% | 1.7% | 5.1% | 7.5% | 3.5% | 5.2% | 4.3d | mixed | $1.8M | TradFi | LrRx | calc | |
| BgBitgetCEX | RxRISEx | 2.2% | 9.9% | 6.3% | 5.3% | 1.6% | 2.4% | 10d | steady | $1.8M | 8h/1hTradFi | BgRx | calc | |
| VaVariational | PmPolymarket | 5.5% | 8.9% | 3.6% | 2.3% | 1.5% | 2.2% | 8.2d | weak | $334k | 8h/1hTradFiinvite onlyspread not incl. | VaPm | calc | |
| VaVariational | LiLighter | 3.5% | 6.4% | 1.5% | 3.4% | 1.5% | 2.2% | <0.1d | weak | $1.5M | 8h/1hTradFispread not incl. | VaLi | calc | |
| LiLighter | LrLighter RH | 11.4% | 0.5% | 1.1% | −1.3% | 1.1% | 1.6% | <0.1d | weak | $1.5M | TradFi | LiLr | calc | |
| GtGateCEX | LrLighter RH | 14.9% | 7.5% | 4.4% | 3.5% | 0.5% | 0.7% | 12d | weak | $2.0M | 8h/1hTradFi | GtLr | calc | |
| GrGRVT | LrLighter RH | 14.9% | 7.4% | 3.1% | −0.9% | 0.8% | 1.1% | 11d | weak | $38k | low OI8h/1hTradFi | GrLr | calc | |
| PmPolymarket | RxRISEx | −5.5% | −0.3% | 4.0% | 6.8% | 0.4% | 0.5% | 13d | mixed | $334k | TradFiinvite only | PmRx | calc | |
| LiLighter | PmPolymarket | 2.0% | 2.5% | 2.1% | −1.1% | 0.0% | 0.1% | 14d | weak | $334k | TradFiinvite only | LiPm | calc | |
| VaVariational | NaNado | 12.3% | −4.4% | 1.8% | 1.4% | 0.0% | 0.0% | 14d | mixed | $398k | 8h/1hTradFispread not incl. | VaNa | calc | |
| AsAster | LrLighter RH | 14.9% | 7.5% | 2.0% | 0.3% | −0.1% | −0.2% | 15d | weak | $1.3M | 8h/1hTradFi | AsLr | calc | |
| ByBybitCEX | LrLighter RH | 14.9% | 7.5% | 2.3% | 0.3% | −0.5% | −0.8% | 17d | weak | $2.0M | 8h/1hTradFi | ByLr | calc | |
| GrGRVT | PmPolymarket | 5.5% | 9.4% | 4.2% | 0.4% | −0.3% | −0.4% | 15d | weak | $38k | low OI8h/1hTradFiinvite only | GrPm | calc | |
| GtGateCEX | PmPolymarket | 5.5% | 9.5% | 5.4% | 5.4% | −0.6% | −0.8% | 15d | weak | $334k | 8h/1hTradFiinvite only | GtPm | calc | |
| GtGateCEX | LiLighter | 3.5% | 6.9% | 3.3% | 6.5% | −0.6% | −0.9% | 16d | weak | $1.5M | 8h/1hTradFi | GtLi | calc | |
| GrGRVT | LiLighter | 3.5% | 6.9% | 2.0% | 1.5% | −0.3% | −0.5% | 16d | weak | $38k | low OI8h/1hTradFi | GrLi | calc | |
| LrLighter RH | PmPolymarket | −9.4% | 2.0% | 1.1% | 1.5% | −1.0% | −1.5% | 28d | weak | $334k | TradFiinvite only | LrPm | calc | |
| AsAster | PmPolymarket | 5.5% | 9.5% | 3.0% | 1.3% | −1.2% | −1.7% | 19d | weak | $334k | 8h/1hTradFiinvite only | AsPm | calc | |
| AsAster | LiLighter | 3.5% | 7.0% | 0.9% | 2.4% | −1.2% | −1.8% | 33d | weak | $1.3M | 8h/1hTradFi | AsLi | calc | |
| VaVariational | AsAster | 0.0% | −0.6% | 0.6% | 1.0% | −1.5% | −2.3% | 52d | weak | $1.3M | TradFispread not incl. | VaAs | calc | |
| ByBybitCEX | PmPolymarket | 5.5% | 9.5% | 3.4% | 1.9% | −1.6% | −2.3% | 20d | weak | $334k | 8h/1hTradFiinvite only | ByPm | calc | |
| ByBybitCEX | LiLighter | 3.5% | 7.0% | 1.3% | 3.0% | −1.6% | −2.4% | 32d | weak | $1.5M | 8h/1hTradFi | ByLi | calc | |
| VaVariational | BgBitgetCEX | −2.2% | −1.3% | 1.3% | 3.8% | −1.8% | −2.7% | 33d | weak | $2.9M | TradFispread not incl. | VaBg | calc | |
| BgBitgetCEX | LrLighter RH | 17.1% | 8.2% | 1.2% | −2.4% | −1.9% | −2.9% | 37d | weak | $2.0M | 8h/1hTradFi | BgLr | calc | |
| GtGateCEX | NaNado | 12.3% | −3.8% | 3.7% | 4.5% | −2.0% | −3.1% | 22d | weak | $398k | 8h/1hTradFi | GtNa | calc | |
| GtGateCEX | VaVariational | 0.0% | 0.6% | 1.9% | 3.1% | −2.0% | −3.1% | 29d | weak | $2.9M | TradFispread not incl. | GtVa | calc | |
| NaNado | LrLighter RH | 2.5% | 11.3% | 0.7% | −1.5% | −1.1% | −1.7% | 37d | mixed | $398k | TradFi | NaLr | calc | |
| VaVariational | ByBybitCEX | 0.0% | −0.6% | 0.2% | 0.4% | −2.7% | −4.0% | 215d | weak | $2.9M | TradFispread not incl. | VaBy | calc | |
| LiLighter | NaNado | 8.8% | −10.8% | 0.4% | −2.0% | −1.4% | −2.2% | 68d | mixed | $398k | TradFi | LiNa | calc | |
| BgBitgetCEX | PmPolymarket | 7.7% | 10.3% | 2.3% | −1.6% | −3.0% | −4.4% | 32d | weak | $334k | 8h/1hTradFiinvite only | BgPm | calc | |
| BgBitgetCEX | LiLighter | 5.7% | 7.7% | 0.1% | −0.4% | −3.0% | −4.5% | 331d | weak | $1.5M | 8h/1hTradFi | BgLi | calc | |
| GrGRVT | VaVariational | 0.0% | 0.5% | 0.6% | −1.9% | −1.8% | −2.6% | 56d | weak | $38k | low OITradFispread not incl. | GrVa | calc | |
| GtGateCEX | AsAster | 0.0% | 0.0% | 2.4% | 4.2% | −3.6% | −5.4% | 35d | weak | $1.3M | TradFi | GtAs | calc | |
| GtGateCEX | BgBitgetCEX | −2.2% | −0.8% | 3.2% | 7.0% | −3.8% | −5.8% | 31d | weak | $21.3M | TradFi | GtBg | calc | |
| NaNado | PmPolymarket | −6.9% | 13.3% | 1.7% | 0.9% | −2.2% | −3.2% | 31d | mixed | $334k | TradFiinvite only | NaPm | calc | |
| AsAster | BgBitgetCEX | −2.2% | −0.7% | 0.8% | 2.8% | −4.4% | −6.7% | 95d | weak | $1.3M | TradFi | AsBg | calc | |
| BgBitgetCEX | VaVariational | 2.2% | 1.3% | −1.3% | −3.8% | −4.5% | −6.7% | — | weak | $2.9M | TradFispread not incl. | BgVa | calc | |
| ByBybitCEX | AsAster | 0.0% | 0.0% | 0.4% | 0.6% | −4.6% | −6.9% | 187d | weak | $1.3M | TradFi | ByAs | calc | |
| GtGateCEX | ByBybitCEX | 0.0% | 0.0% | 2.1% | 3.5% | −4.7% | −7.1% | 46d | weak | $21.0M | TradFi | GtBy | calc | |
| ByBybitCEX | BgBitgetCEX | −2.2% | −0.7% | 1.1% | 3.5% | −4.9% | −7.3% | 74d | weak | $21.0M | TradFi | ByBg | calc | |
| AsAster | NaNado | 12.3% | −3.8% | 1.3% | 0.4% | −2.6% | −4.0% | 43d | mixed | $398k | 8h/1hTradFi | AsNa | calc | |
| BgBitgetCEX | AsAster | 2.2% | 0.7% | −0.8% | −2.8% | −6.0% | −9.0% | — | weak | $1.3M | TradFi | BgAs | calc | |
| ByBybitCEX | NaNado | 12.3% | −3.8% | 1.6% | 1.0% | −3.0% | −4.6% | 40d | mixed | $398k | 8h/1hTradFi | ByNa | calc | |
| PmPolymarket | LrLighter RH | 9.4% | −2.0% | −1.1% | −1.5% | −3.1% | −4.7% | — | mixed | $334k | TradFiinvite only | PmLr | calc | |
| GrGRVT | AsAster | 0.0% | −0.1% | 1.1% | −0.9% | −3.3% | −4.9% | 54d | weak | $38k | low OITradFi | GrAs | calc | |
| RxRISEx | LrLighter RH | 14.9% | −1.7% | −5.1% | −7.5% | −6.6% | −9.9% | — | weak | $1.8M | TradFi | RxLr | calc | |
| GrGRVT | NaNado | 12.3% | −3.9% | 2.4% | −0.5% | −1.8% | −2.6% | 24d | mixed | $38k | low OI8h/1hTradFi | GrNa | calc | |
| GrGRVT | BgBitgetCEX | −2.2% | −0.8% | 1.9% | 1.9% | −3.6% | −5.3% | 40d | weak | $38k | low OITradFi | GrBg | calc | |
| BgBitgetCEX | ByBybitCEX | 2.2% | 0.7% | −1.1% | −3.5% | −7.1% | −10.7% | — | weak | $21.0M | TradFi | BgBy | calc | |
| RxRISEx | PmPolymarket | 5.5% | 0.3% | −4.0% | −6.8% | −7.7% | −11.5% | — | weak | $334k | TradFiinvite only | RxPm | calc | |
| RxRISEx | LiLighter | 3.5% | −2.2% | −6.1% | −5.7% | −7.7% | −11.5% | — | weak | $1.5M | TradFi | RxLi | calc | |
| GrGRVT | ByBybitCEX | 0.0% | −0.1% | 0.8% | −1.5% | −4.4% | −6.7% | 94d | weak | $38k | low OITradFi | GrBy | calc | |
| BgBitgetCEX | NaNado | 14.5% | −3.1% | 0.5% | −2.4% | −4.4% | −6.7% | 136d | mixed | $398k | 8h/1hTradFi | BgNa | calc | |
| GtGateCEX | GrGRVT | 0.0% | 0.1% | 1.3% | 5.1% | −5.0% | −7.5% | 68d | weak | $38k | low OITradFi | GtGr | calc | |
| BgBitgetCEX | GtGateCEX | 2.2% | 0.8% | −3.2% | −7.0% | −10.2% | −15.3% | — | weak | $21.3M | TradFi | BgGt | calc | |
| PmPolymarket | NaNado | 6.9% | −13.3% | −1.7% | −0.9% | −5.7% | −8.5% | — | mixed | $334k | TradFiinvite only | PmNa | calc | |
| BgBitgetCEX | GrGRVT | 2.2% | 0.8% | −1.9% | −1.9% | −7.4% | −11.1% | — | weak | $38k | low OITradFi | BgGr | calc | |
| RxRISEx | NaNado | 12.3% | −13.0% | −5.8% | −7.7% | −9.1% | −13.7% | — | mixed | $398k | TradFi | RxNa | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 04:46 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
MU · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | GrGRVT1,031.09 | RxRISEx1,031.08 | GtGate1,030.94 | AsAster1,030.79 | RwRWA Perp1,030.69 | NaNado1,030.68 | BgBitget1,030.5 | LrLighter RH1,030.49 | ByBybit1,030.35 | PmPolymarket1,030.2 | LiLighter1,029.72 | VaVariational1,029.43 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VaVariational1,029.43 | 0.161% | 0.160% | 0.147% | 0.132% | 0.123% | 0.122% | 0.104% | 0.104% | 0.090% | 0.075% | 0.028% | — |
| LiLighter1,029.72 | 0.133% | 0.133% | 0.119% | 0.104% | 0.095% | 0.094% | 0.076% | 0.076% | 0.062% | 0.047% | — | −0.028% |
| PmPolymarket1,030.2 | 0.086% | 0.085% | 0.072% | 0.057% | 0.048% | 0.046% | 0.029% | 0.029% | 0.015% | — | −0.047% | −0.075% |
| ByBybit1,030.35 | 0.072% | 0.071% | 0.057% | 0.043% | 0.033% | 0.032% | 0.015% | 0.014% | — | −0.015% | −0.062% | −0.090% |
| LrLighter RH1,030.49 | 0.058% | 0.057% | 0.043% | 0.029% | 0.019% | 0.018% | 0.000% | — | −0.014% | −0.029% | −0.076% | −0.104% |
| BgBitget1,030.5 | 0.057% | 0.056% | 0.043% | 0.028% | 0.018% | 0.017% | — | 0.000% | −0.015% | −0.029% | −0.076% | −0.104% |
| NaNado1,030.68 | 0.040% | 0.039% | 0.025% | 0.011% | 0.001% | — | −0.017% | −0.018% | −0.032% | −0.046% | −0.094% | −0.122% |
| RwRWA Perp1,030.69 | 0.039% | 0.038% | 0.024% | 0.010% | — | −0.001% | −0.018% | −0.019% | −0.033% | −0.048% | −0.095% | −0.123% |
| AsAster1,030.79 | 0.029% | 0.028% | 0.014% | — | −0.010% | −0.011% | −0.028% | −0.029% | −0.043% | −0.057% | −0.104% | −0.132% |
| GtGate1,030.94 | 0.015% | 0.014% | — | −0.014% | −0.024% | −0.025% | −0.043% | −0.043% | −0.057% | −0.072% | −0.119% | −0.147% |
| RxRISEx1,031.08 | 0.001% | — | −0.014% | −0.028% | −0.038% | −0.039% | −0.056% | −0.057% | −0.071% | −0.085% | −0.133% | −0.160% |
| GrGRVT1,031.09 | — | −0.001% | −0.015% | −0.029% | −0.039% | −0.040% | −0.057% | −0.058% | −0.072% | −0.086% | −0.133% | −0.161% |
All quotes (12)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 1,030.79 | 1,030.79 | mark | 7m | $424k | closedno FX |
| BgBitgetCEX | 1,030.5 | 1,030.5 | mark | 7m | $35.5M | closedno FX |
| ByBybitCEX | 1,030.35 | 1,030.35 | mark | 7m | $58.7M | closedno FX |
| GtGateCEX | 1,030.94 | 1,030.94 | mark | 7m | $5.4M | closedno FX |
| GrGRVT | 1,031.09 | 1,031.09 | mark | 7m | $365k | closedno FX |
| LiLighter | 1,029.72 | 1,029.72 | mark | 7m | $2.9M | closed |
| NaNado | 1,030.68 | 1,030.68 | mark | 7m | $218k | closedno FX |
| PmPolymarket | 1,030.2 | 1,030.2 | mark | 7m | $264k | closed |
| LrLighter RH | 1,030.49 | 1,030.49 | mark | 7m | $4.2M | closed |
| RxRISEx | 1,031.08 | 1,031.08 | mark | 7m | $3.4M | closed |
| RwRWA Perp | 1,030.69 | 1,030.69 | mark | 7m | $2k | closed |
| VaVariational | 1,029.43 | 1,029.43 | mark | 7m | $3.5M | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
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