Live Micron (MU) Perpetual Futures Price

Micron (MU) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, MU trades at $910.3 with $276,915 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.

Mark price$910.3+1.58%
Oracle price
$910.1
24h high
$915.3
24h low
$870.9
24h volume
$55,922
Open interest
$276,915
1h funding
+0.0002%

MU mark price, last 24 hours

17:45 UTC17:30 UTC

MU contract specifications

Contract type
Perpetual futures, no expiry
Margin and settlement
USDC
Maximum leverage
15x
Margin mode
Cross or isolated
Taker fee
0.035%
Maker fee
0.005%
Trading hours
24/7
Closed-market price bound
6.67%

MU trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MU from its own order book using Impact Pricing, within 6.67% of the last external price. Parameters are set per market and can change. See all market parameters

MU funding rate

1 hour
+0.0002%
8 hours
+0.0017%
Annualized
+1.88%

The rate is positive: traders holding long MU positions pay traders holding short positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.

About Micron

MU-PERP tracks the value of 1 share of common stock in Micron Technology, Inc. (NASDAQ: MU) Micron manufactures DRAM and NAND flash memory for data centers, consumer electronics, and industrial systems.

Open interest is the notional value of MU positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.

MU perpetuals questions

What is the MU perpetual price right now?

The Micron perpetual price on Phoenix is $910.3, a change of +1.58% over the last 24 hours. It's the mark price of the MU perpetual, which can differ slightly from Micron prices quoted elsewhere.

Can I trade MU perpetuals on Solana?

Yes. MU perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade MU 24/7.

What is the MU funding rate right now?

The MU funding rate on Phoenix is +0.0002% per hour, or +1.88% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

What is MU open interest on Phoenix?

MU open interest on Phoenix is $276,915, with $55,922 traded over the last 24 hours.

What are the fees to trade MU perpetuals?

Trading MU perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Can I use SOL as collateral to trade MU?

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade MU without selling your SOL. Profit and loss settle in USDC.

Can I trade MU when its market is closed?

Yes. MU trades 24/7 on Phoenix. When the underlying market is closed, Phoenix prices MU from its own order book, within 6.67% of the last external price.

Do I own Micron shares when I trade MU perpetuals?

No. MU perpetuals give you exposure to the share price without owning shares. Profit and loss settle in USDC.

Do MU perpetuals expire?

No. MU perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

How does Phoenix decide MU liquidations?

Phoenix uses the mark price, not the last trade, to check account health and trigger MU liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and the oracle price plus a smoothed average of the order book's gap to it, which reduces the risk of liquidations caused by a brief price spike.

Where can I see MU order book depth and price history?

The MU trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.

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