Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Deribit+0.107%7-day average +0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.107%, 7d avg +0.017%
=Together, before fees−0.054%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.090% dearer against Deribit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,037.8 | 0 | get 0.0000% / 1h | 39m 09s | $74K | $605K | 10x |
| Short | Variational Omni MU | 1,038.9 | 0 | get 0.0000% / 8h | 39m 09s | $2.5M | $2.6M | — |
Deribit MU_USDC-PERPETUAL
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $0
- Price spread: +0.107% → +0.017%
- $9.04
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $2.04
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 65 min ago; Variational Omni: RFQ quote, 5 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 Deribit live order book, 65 min ago | 0.05 bp | 14.3 bp −$14 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 1.93 bp | doesn't fit | 4.5 bp −$45 | 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 | −0.0986% | 4h | 1,038.8 | +0.098% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0186% | 8h | 1,038.1 | +0.033% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.5 | +0.069% | $21.2M | $65.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.1 | +0.032% | $122.1M | $538.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | +0.010% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.9 | +0.013% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.1 | +0.027% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.9 | +0.010% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MUshort | 0.0000% | 8h | 1,038.9 | +0.107% | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039 | +0.113% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,039.1 | +0.120% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.7 | +0.183% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALlong | 0.0000% | 1h | 1,037.8 | long leg | $74K | $605K | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,037.7 | −0.013% | $127K | $479K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,038 | +0.016% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.8 | +0.001% | $7.0M | $18.8M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,037.7 | −0.006% | $279K | $808K | 10x | as long as short |
| Bullet MU-USD | +0.0025% | 1h | 1,038.1 | +0.028% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038 | +0.014% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.5 | −0.032% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.307% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.6 | −0.015% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | +0.033% | — | $175K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,038 | +0.022% | $1.0M | $4.9M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.8 | 0.000% | $176.4M | $82.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.8 | 0.000% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.005% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.3 | +0.047% | $1.9M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.7 | −0.006% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −0.022% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.9 | +0.010% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.9 | +0.006% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.7 | −0.007% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | +0.067% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.8 | +0.002% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | +0.015% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.9 | +0.106% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU