MU perps: where to trade Micron perpetual futures
13 tracked venues list MU perps.
PerpFinder may earn a commission from this link. You can lose all your money on perp trades. Details
The cheapest place to trade MU perps right now is Lighter (MU): 0.84 bps all-in for a $10,000 market buy at the standard taker fee, measured 12:40 UTC on 2026-10-03.
The next two venues are trade.xyz 1.37 bps and Extended 2.75 bps. 10 of 14 MU markets gave a measured cost.
Promo rate for eligible accounts: MEXC (MUSTOCK_USDT) shows 0.05 bps at a 0.000% taker fee that only some accounts get (MEXC: stock futures listing notice, checked 2026-09-25). MEXC does not state the MU fee for other accounts, so this cost is not ranked.
MU perps list on 13 tracked venues: 6 centralized exchanges, 1 Hyperliquid HIP-3 deployment, 6 other decentralized venues. Avantis (MU/USD), Gains Network (MU/USD) and Ostium (MU/USD) fill at an oracle price, with no public MU book to measure.
Maximum MU leverage runs from 2x on Gains Network (MU/USD) to 200x on MEXC (MUSTOCK_USDT).
Measured MU cost for a $10,000 buy
- Lighter0.84
- trade.xyz1.37
- Extended2.75
- Aster3.00
- Aster3.77
- Bybit4.44
- Binance4.50
- OKX5.05
- Bitget6.91
- Gate11.14
MU funding and open interest
Funding now runs from 0.0% a year on Aster to 5.1% on trade.xyz, across 11 MU markets. A positive rate means that longs pay shorts.
11 MU markets report open interest, $485.9 million in total. trade.xyz holds 34% of it ($162.9 million).
Where to trade Micron perpetual futures
| Venue | Market | Max leverage | Funding now | Annual rate now | 7-day mean, annual | Open interest | Book cost (bps) | Taker fee | All-in (bps) | Promo rate, eligible accounts |
|---|---|---|---|---|---|---|---|---|---|---|
| Lighter | MU | 20x | +0.0004% / 1 h | +3.5% | — | $1.8M | 0.84 | 0.000% (API) | 0.84 | — |
| trade.xyz | xyz:MU | 10x | +0.0006% / 1 h | +5.1% | +10.2% | $162.9M | 0.47 | 0.0090% (API, live) | 1.37 | — |
| Extended | MU_24_5-USD | 10x | +0.0004% / 1 h | +3.5% | — | $865K | 1.75 | 0.010% (docs) | 2.75 | — |
| Aster | MUUSDT | 50x | 0.0000% / 8 h | 0.0% | +4.4% | $742K | 1.75 | 0.013% (docs) | 3.00 | — |
| Aster | MUUSD1 | 20x | 0.0000% / 8 h | 0.0% | +2.4% | $22.2M | 2.52 | 0.013% (docs) | 3.77 | — |
| Bybit | MUUSDT | 100x | 0.0000% / 8 h | 0.0% | +4.3% | $24.8M | 1.69 | 0.028% (docs, promotion for all accounts) | 4.44 | — |
| Binance | MUUSDT | 50x | 0.0000% / 8 h | 0.0% | +6.7% | $139.5M | 0.50 | 0.040% (docs, promotion for all accounts) | 4.50 | — |
| OKX | MU-USDT-SWAP | 50x | 0.0000% / 8 h | 0.0% | +4.8% | $32.3M | 0.05 | 0.050% (docs) | 5.05 | — |
| Bitget | MUUSDT | 50x | 0.0000% / 8 h | 0.0% | +13.7% | $34.0M | 0.91 | 0.060% (API) | 6.91 | — |
| Gate | MU_USDT | 75x | 0.0000% / 8 h | 0.0% | +0.1% | $37.7M | 3.64 | 0.075% (API) | 11.14 | — |
| MEXC | MUSTOCK_USDT | 200x | 0.0000% / 8 h | 0.0% | +6.7% | $29.2M | 0.05 | Not stated for all accounts | — | 0.000% = 0.05 bps (eligible accounts, source, 2026-09-25) |
| Avantis | MU/USD | 3x | — | — | — | — | No MU book | Oracle model | — | — |
| Gains Network | MU/USD | 2x | — | — | — | — | No MU book | Oracle model | — | — |
| Ostium | MU/USD | — | — | — | — | — | No MU book | Oracle model | — | — |
Method: a $10,000 MU market buy fills against each public MU book.
The MU book cost is that fill price against the mid, in bps. The MU all-in cost adds the standard taker fee that every new account gets.
A MU promo rate that only eligible accounts get is shown in its own column and is never ranked.
A MU book price does not prove that the venue accepts MU orders at that time, so check the MU hours table.
Annual MU funding is the rate per hour times 8,760, with no compounding. The MU markets come from venue APIs read on 2026-09-25.
MU trading hours and price source by venue
| Venue | Market | Hours | Price source |
|---|---|---|---|
| Aster | MUUSD1 | 24/7, 5% band off-hours | Several, with Pyth |
| Aster | MUUSDT | 24/7, 5% band off-hours | Several, with Pyth |
| Avantis | MU/USD | 23/5 or 9:30–16:00 ET | Pyth Pro, Chainlink |
| Binance | MUUSDT | 24/7, book EWMA weekends | Unnamed data vendors |
| Bitget | MUUSDT | 24/7, book EMA off-hours | Pyth, dxFeed, Massive, Intrinio |
| Bybit | MUUSDT | 24/7 | Index with Pyth |
| Extended | MU_24_5-USD | Per market in API | Stork, Blue Ocean ATS |
| Gains Network | MU/USD | Mon–Fri 9:35–16:00 ET | Chainlink |
| Gate | MU_USDT | Index holds last close | Paid feeds, crypto venues |
| Lighter | MU | 24/7 | Pyth Pro (NVDA, TSLA) |
| MEXC | MUSTOCK_USDT | Varies, no trades closed | Not named in docs |
| OKX | MU-USDT-SWAP | 24/7 book, anchored weekends | Several providers |
| Ostium | MU/USD | Mon–Fri 9:30–16:00 ET | Own feed, Stork nodes |
| trade.xyz | xyz:MU | 24/7, bounded off-hours | Relayer, Blue Ocean ATS |
Find your liquidation price with the liquidation price calculator for MU. Compare all tickers on the stock perps hub. Read how trade.xyz lists MU on Hyperliquid.
Where to Trade Micron Technology (MU) Perpetual Futures
Fees and leverage limits apply venue-wide; check MU terms with the venue.
Micron Technology (MU) market overview
Micron Technology is the only major US maker of DRAM and NAND flash memory, producing chips for data centers, PCs, smartphones, and automotive systems. MU perpetual futures are one of the highest-beta semiconductor names. Performance tracks DRAM and NAND pricing cycles closely — cycles can swing from deep losses to high profitability within 12-18 months.
High-bandwidth memory (HBM) for AI training accelerators is a key growth vector. Micron competes with Samsung and SK Hynix for Nvidia HBM allocations.
Frequently Asked Questions — Micron Technology (MU)
What open interest data is available for MU?
3 venues report positive MU open interest in this read.
The MU total leaves out venues outside the read.
How does a Micron Technology perpetual futures contract differ from the underlying asset?
A Micron Technology perpetual tracks the Micron Technology price, with no expiry date and no ownership of Micron Technology.
Check each venue for Micron Technology trading hours and the price source.
Category: Stocks