Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h +0.024%
Price spread now: Variational Omni against HTX+0.039%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.044%+$4 on $10k
Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.039%, 7d avg −0.006%
Together, before fees−0.017%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Variational Omni is 0.044% dearer against HTX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX MU-USDT1,045.20get 0.0000% / 8h7h 58m$129K$427K50x
ShortVariational Omni MU1,045.60.0166get 0.0166% / 8h7h 58m$2.7M$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$34.94
Price spread: +0.039% → −0.006%
$4.45
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$27.39
Costs to cover
0.120%
Break-even
1.5 days
Slippage unknown: HTX: live order book, 15 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 15 min ago1.72 bp10.3 bp −$1014.8 bp −$14820.1 bp −$2,006doesn't fit
Sell Variational Omni RFQ quote, just now1.91 bpdoesn't fit5.5 bp −$55doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0297%4h1,045.6+0.043%$1.3M$674K10xas long as short
StandX MU-USD0.0000%1h1,044.5−0.063%$189K$3.3M20xas long as short
Bullet MU-USD0.0000%1h1,044.5−0.067%$25K$394K10xas long as short
SunX MU-USDT0.0000%8h1,046.3+0.100%$11K$6.5M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,044.8−0.037%$62K$291K10xas long as short
HTX MU-USDTlong0.0000%8h1,045.2long leg$129K$427K50x
Lighter MU+0.0024%1h1,046.3+0.106%$1.0M$4.7M20xas long as short
Aftermath Perps MUUSD+0.0027%1h1,044.8−0.042%$3K$45K10xas long as short
Lighter RH MU+0.0032%1h1,046.1+0.090%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.527%$14K$25112xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,044.7−0.053%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,044.7−0.048%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,045−0.021%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.1−0.205%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0054%1h1,046.4+0.115%$7.9M$23.7M10xas long as short
OKX MU-USDT-SWAP+0.0076%8h1,046.5+0.122%$30.9M$101.9M50xas long as short
Nado MU-PERP+0.0096%1h1,044.5−0.070%$271K$872K10xas long as short
Pacifica MU+0.0100%1h1,046.2+0.099%$153K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.5+0.031%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8+0.060%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.9−0.033%$831$79920xas long as short
Paradex MU-USD-PERP+0.0103%8h1,046.2+0.092%$2K5xas long as short
Bitget MUUSDT+0.0117%8h1,046.1+0.087%$20.5M$41.7M50xas long as short
Aevo MU-PERP+0.0128%1h1,044.4−0.080%$33K10xas long as short
Gate MU_USDT+0.0131%8h1,046.3+0.108%$63.1M$28.3M75xas long as short
Variational Omni MUshort+0.0166%8h1,045.6+0.039%$2.7M$2.5M
Aster MUUSD1+0.0171%8h1,045.9+0.065%$21.5M$47.6M20xas long as short
Binance MUUSDT+0.0182%8h1,046.4+0.117%$124.4M$532.2M50xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,044.9−0.025%$757K$1.3M10xas long as short
GRVT MU_USDT_Perp+0.0204%8h1,045.8+0.055%$82K$1.4M10xas long as short
Arcus MU-USD+0.0240%1h1,045.2+0.002%$70K$243K10xas long as short
tradeXYZ xyz:MU+0.0290%1h1,045.3+0.010%$177.1M$105.1M10xas long as short
BloFin MU-USDT+0.0303%8h1,045.5+0.024%$1.5M$2.0M20xas long as short
RISEx MU/USDC+0.0312%1h1,046.3+0.101%$314K$337K20xas long as short
Extended MU_24_5-USD+0.0336%1h1,044.4−0.081%$550K$1.0M10xas long as short
Phoenix MU+0.0460%1h1,046+0.077%$535K$306K15xas long as short
Bybit MUUSDT+0.0676%8h1,046.8+0.151%$19.3M$32.4M100xas long as short