Micron Technology (MU) Perpetual Futures
Micron Technology price and derivatives history
MUUSDT.P · candles via TradingView
Micron Technology perpetual futures market
Micron Technology is one of the world's largest memory chipmakers, producing DRAM, NAND flash and the high-bandwidth memory (HBM) that sits beside AI accelerators. MU perps are crypto-settled contracts that track the Nasdaq share price, so traders get long or short exposure with stablecoin margin and never own the stock. They suit anyone hedging semiconductor risk from a crypto account or trading memory-cycle news outside US market hours.
Memory prices swing harder than most chip segments, so DRAM and NAND pricing, HBM supply deals and quarterly earnings drive the biggest moves. Because the perp trades around the clock while Nasdaq is shut, it often prices news before the opening bell, and the gap to the stock can widen over weekends. Most volume sits on Binance, with MEXC, OKX and the tradeXYZ market on Hyperliquid next. Compare positioning on the open interest page.
MU funding rates MU open interest MU liquidations MU long/short ratio
- Ticker
- MU
- Asset class
- Stock (synthetic)
- Tracked markets
- 11
- Most active venue
- Binance · 47%
- Funding intervals
- 1h to 8h
- Trading hours
- 24/7 (underlying has set hours)
- ±1% order book depth
- $4.86M
Micron Technology perpetual markets by exchange
11 markets · sorted by volume 24h
| # | Exchange | Price | 24h | Volume 24h | Open interest | OI 24h | Funding 8h | L/S | Liq. 24h | ±1% depth | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  Binance MU/USDT | $982.80 | +5.18% | $625.52M | $155.75M | -4.37% | 0.0000% | 1.06 | $466.2K | $1.56M | Trade |
| 2 |  tradeXYZ MU/USD | $981.82 | +5.26% | $225.87M | $111.22M | -26.10% | +0.0050% | 1.45 | – | $1.11M | |
| 3 |  MEXC MU/USDT | $982.85 | +5.18% | $170.50M | $59.84M | +66.04% | 0.0000% | 1.05 | – | $598.4K | Trade |
| 4 |  OKX MU/USDT | $982.59 | +5.16% | $133.18M | $36.97M | -0.44% | 0.0000% | 1.06 | $286.6K | $369.2K | Trade |
| 5 |  Bitget MU/USDT | $982.28 | +5.16% | $116.66M | $31.61M | +5.53% | 0.0000% | 0.99 | $5.2K | $316.0K | Trade |
| 6 |  Bybit MU/USDT | $982.38 | +5.15% | $35.41M | $25.04M | +1.26% | 0.0000% | 1.03 | $9.7K | $250.3K | Trade |
| 7 |  Gate MU/USDT | $982.73 | +5.19% | $27.35M | $57.56M | -2.13% | 0.0000% | 0.96 | $14.7K | $574.9K | |
| 8 |  KuCoin MU/USDT | $983.02 | +5.27% | $6.47M | $5.58M | +3.23% | 0.0000% | 0.99 | – | $55.8K | |
| 9 | MEXC MU/USDC | $983.07 | +5.22% | $639.2K | $1.20M | -7.42% | 0.0000% | 0.54 | – | $12.0K | Trade |
| 10 |  Kraken MU/USDT | $981.26 | +5.17% | $443.6K | $681.3K | -3.33% | -0.0184% | 0.61 | – | $6.8K | Trade |
| 11 |  HTX MU/USDT | $983.51 | +5.24% | $256.6K | $414.7K | -3.01% | 0.0000% | 0.84 | $79 | $4.2K | Trade |
Open interest by exchange
Share of total · 24h change
ApeX$54.5K0.0%
Liquidations by exchange
Last 24h · long vs short
- Binance$466.2K95% L
- OKX$286.6K72% L
- Gate$14.7K94% L
- Bybit$9.7K35% L
- Bitget$5.2K71% L
- HTX$790% L
Taker buy vs sell
Last 4h · buy share of taker volume
Micron Technology perpetual futures FAQ
Live answers use data from 11 tracked MU perpetual markets · updated
What is the MU funding rate today?
The open-interest-weighted MU funding rate is +0.0001% per 8 hours, or +0.09% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from -0.0184% on Kraken to +0.0050% on tradeXYZ. Compare all funding rates.
What is Micron Technology?
Micron Technology is a US semiconductor company that designs and manufactures memory and storage chips. Its main products are DRAM, NAND flash and high-bandwidth memory used in data centres, PCs, phones and cars. The shares trade on Nasdaq under the ticker MU.
Do MU perps give you Micron shares?
No. MU perpetual futures are crypto-settled contracts that follow Micron's share price, with profit and loss paid in stablecoins. You hold no shares, receive no dividends and have no voting rights, and the contract has no expiry date.
What happens to MU perps when Nasdaq is closed?
MU perps keep trading overnight and at weekends while the stock market is shut. Without a live share price, the contract price is set by traders and the venue's pricing rules, so it can drift from the last close. When Nasdaq reopens, the perp usually converges back towards the stock.
Why do Micron earnings move MU perps so much?
Micron's results and guidance are read as a signal for the whole memory cycle, including AI server demand for HBM. A change in pricing outlook can move the stock sharply after the report, and the perp reacts at once because it trades after hours. Shifts in open interest before the release show how traders are positioning.
What are MU perpetual futures?
MU perpetual futures are derivatives contracts that track the price of Micron Technology and never expire. They settle in crypto, usually USDT or USDC, so you get long or short price exposure with leverage without owning shares. A funding rate keeps the contract close to the reference price.
How does MU funding work?
Funding is a payment between longs and shorts. When MU perps trade above the reference price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.
Where can I trade MU perpetuals?
MU perps trade on 10 tracked exchanges. By volume the largest are Binance, tradeXYZ and MEXC. Compare fees and features on the best perpetual exchanges.
Should I long or short MU?
Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.
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NEO Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology