Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Bybit−0.056%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.056%, 7d avg −0.006%
=Together, before fees+0.048%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.050% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.006%). If the spread goes back, that is −$5 on $10k: about 4.2 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.004% in total) that is about 47 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,051.6 | 0.0209 | pay 0.0209% / 8h | 7h 07m | $19.4M | $32.6M | 100x |
| Short | Variational Omni MU | 1,051.1 | 0.0248 | get 0.0248% / 8h | 7h 07m | $2.7M | $2.4M | — |
Bybit MUUSDT
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.22
- Price spread: −0.056% → −0.006%
- −$4.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.75
- Costs to cover
- 0.110%
- Break-even
- 13.6 days
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 0.76 bp | 7.1 bp −$7 | 9.8 bp −$98 | 38.9 bp −$3,890 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.95 bp | doesn't fit | 5.6 bp −$56 | doesn't fit | doesn't fit |
MU on 37 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0751% | 4h | 1,051.1 | −0.049% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.5 | −0.016% | $62.7M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.4 | −0.123% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.6 | +0.089% | $11K | $6.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.3 | −0.032% | $129K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051 | −0.063% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.4 | −0.027% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.027% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.2 | +0.049% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.2 | −0.042% | $171K | $203K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.8 | −0.081% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051.4 | −0.026% | $7.6M | $21.2M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,051.4 | −0.019% | $1.1M | $4.8M | 20x | as long as short |
| SoDEX MU-USD | +0.0068% | 1h | 1,051.4 | −0.022% | $690K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0086% | 8h | 1,051.5 | −0.016% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0088% | 1h | 1,051 | −0.058% | $274K | $857K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.6 | 0.000% | $149K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.3 | −0.037% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.6 | −0.095% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.4 | −0.020% | $836 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0108% | 8h | 1,051.7 | +0.004% | $31.0M | $101.7M | 50x | as long as short |
| Aevo MU-PERP | +0.0144% | 1h | 1,051.3 | −0.033% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0179% | 1h | 1,051.6 | −0.007% | $26K | $396K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,050.5 | −0.110% | $762K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0205% | 1h | 1,051.2 | −0.042% | $178.5M | $100.1M | 10x | as long as short |
| Bybit MUUSDTlong | +0.0209% | 8h | 1,051.6 | long leg | $19.4M | $32.6M | 100x | |
| Arcus MU-USD | +0.0240% | 1h | 1,051.2 | −0.045% | $71K | $242K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0245% | 1h | 1,051.4 | −0.023% | $65K | $312K | 10x | as long as short |
| Variational Omni MUshort | +0.0248% | 8h | 1,051.1 | −0.056% | $2.7M | $2.4M | — | |
| Aster MUUSD1 | +0.0261% | 8h | 1,050.9 | −0.074% | $21.6M | $48.4M | 20x | as long as short |
| Binance MUUSDT | +0.0266% | 8h | 1,051.6 | −0.007% | $126.4M | $521.3M | 50x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.7 | +0.001% | $316K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0312% | 1h | 1,050.7 | −0.090% | $559K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,051.5 | −0.013% | $538K | $306K | 15x | as long as short |
| BloFin MU-USDT | +0.0386% | 8h | 1,051.6 | −0.006% | $1.5M | $2.0M | 20x | as long as short |
| Bitget MUUSDT | +0.0416% | 8h | 1,051.5 | −0.010% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0569% | 8h | 1,051.2 | −0.043% | $83K | $1.3M | 10x | as long as short |
Ondo Perps MU-USD.P
QFEX MU-USD
Lighter MU
SoDEX MU-USD
Paradex MU-USD-PERP
Nado MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
OKX MU-USDT-SWAP
Aevo MU-PERP
Bullet MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Arcus MU-USD
Deribit MU_USDC-PERPETUAL
Aster MUUSD1
Binance MUUSDT
RISEx MU/USDC
Extended MU_24_5-USD
Phoenix MU
BloFin MU-USDT
Bitget MUUSDT
GRVT MU_USDT_Perp