Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: Variational Omni against GRVT+0.027%7-day average −0.029% · 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)−0.017%−$2 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.027%, 7d avg −0.029%
=Together, before fees−0.059%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board−$6 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 0.056% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,043 | 0 | get 0.0000% / 8h | 3h 01m | $83K | $1.4M | 10x |
| Short | Variational Omni MU | 1,043.3 | 0 | get 0.0000% / 8h | 3h 01m | $2.7M | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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: +0.027% → −0.029%
- $5.59
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.41
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 GRVT live order book, 2 min ago | 1.20 bp | 6.0 bp −$6 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 1.92 bp | doesn't fit | 4.6 bp −$46 | 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 | −0.0495% | 4h | 1,042.1 | −0.088% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.8 | −0.218% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.4 | −0.257% | $123.1M | $526.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,040.5 | −0.244% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.3 | −0.259% | $30.5M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,040.5 | −0.243% | $336K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039.9 | −0.296% | $61.7M | $28.1M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.5 | −0.241% | $20.4M | $41.7M | 50x | as long as short |
| Variational Omni MUshort | 0.0000% | 8h | 1,043.3 | +0.027% | $2.7M | $2.4M | — | |
| GRVT MU_USDT_Perplong | 0.0000% | 8h | 1,043 | long leg | $83K | $1.4M | 10x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,041.5 | −0.144% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043 | −0.002% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.9 | −0.200% | $129K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,042.1 | −0.085% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,040.1 | −0.284% | $7.0M | $18.1M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,040.2 | −0.267% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.3 | −0.264% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,039.9 | −0.298% | $553K | $1.1M | 10x | as long as short |
| Nado MU-PERP | +0.0032% | 1h | 1,040.1 | −0.282% | $280K | $823K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.799% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,041.6 | −0.141% | $25K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,041.6 | −0.142% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.7 | −0.226% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.1 | −0.281% | $176.9M | $95.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.2 | −0.175% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.9 | −0.202% | $683K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,040.4 | −0.253% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.7 | −0.323% | $1.8M | $2.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0067% | 1h | 1,040.7 | −0.224% | $73K | $493K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.7 | −0.219% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.2 | −0.273% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.9 | −0.300% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.1 | −0.184% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.8 | −0.211% | $827 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.151% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,041.8 | −0.118% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,043.1 | +0.007% | $534K | $271K | 15x | as long as short |
GRVT MU_USDT_Perp
Variational Omni MU
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU