Micron (MU)

Perp: MU on INTX · Hedge: MU (Stock)

Funding (ann.)

+0.0%

Basis

+1.30%

Open interest

$578,736

Status

delayed

Research note: basis exceeds research limit

Funding rate — annualized, 12081 settlement snapshots

Timezone: UTC · Units: % annualized · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Basis — (perp mark − hedge) / hedge

Timezone: UTC · Units: % · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Open interest — historical liquidity

Timezone: UTC · Units: USD notional · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T10:45:05+00:00

Persistence

16% of snapshots over the trailing 168h met the research condition: FR >= 20% APR, 7-day window.

Opened	Direction	Status	Net P&L	All-in P&L	Close reason
2026-10-21 13:38 UTC	short_hl_long_ib	closed	+$134.99	+$137.70	emergency FR=-57%
2026-10-20 13:33 UTC	short_hl_long_ib	closed	+$330.44	+$69.98	emergency FR=-72%
2026-10-05 13:33 UTC	short_hl_long_ib	closed	+$450.50	+$406.66	emergency FR=-193%
2026-09-21 14:19 UTC	short_hl_long_ib	closed	+$29.14	+$45.11	emergency FR=-62%
2026-09-14 13:36 UTC	short_hl_long_ib	closed	+$299.78	+$466.02	emergency FR=-57%
2026-09-08 14:19 UTC	short_hl_long_ib	closed	-$662.35	-$337.29	emergency FR=-64%
2026-09-03 14:18 UTC	short_hl_long_ib	closed	+$3.13	+$11.68	emergency FR=-60%
2026-08-25 13:30 UTC	short_hl_long_ib	closed	+$68.47	+$223.25	emergency FR=-65%
2026-06-29 13:37 UTC	short_hl_long_ib	closed	-$157.68	—	neg_FR_grace 8.0h
2026-06-24 19:16 UTC	short_hl_long_ib	closed	-$136.37	—	emergency FR=-66%

The hedge leg only trades during its market's own hours; the perp trades 24/7 — see Methodology for how naked-leg windows are handled.
Funding and basis figures are delayed, not real-time — see the status strip at the top of every page.