Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +11.0% APRnext payment +$1.00 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against OKX+0.035%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.002%$0 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.035%, 7d avg −0.002%
=Together, before fees−0.044%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.037% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,043.8 | 0.0035 | pay 0.0035% / 8h | 1h 20m | $30.8M | $104.8M | 50x |
| Short | Variational Omni MU | 1,044.2 | 0.0135 | get 0.0135% / 8h | 1h 20m | $2.6M | $2.7M | — |
OKX MU-USDT-SWAP
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- $21.01
- Price spread: +0.035% → −0.002%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $14.75
- Costs to cover
- 0.100%
- Break-even
- 2.1 days
Slippage unknown: OKX: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 OKX live order book, 4 min ago | 0.05 bp | 5.0 bp −$5 | 5.5 bp −$55 | 15.5 bp −$1,547 | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.91 bp | doesn't fit | 5.7 bp −$57 | 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 | −0.0927% | 4h | 1,044.3 | +0.046% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | −0.017% | $62.9M | $29.0M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043.3 | −0.055% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.3 | +0.240% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.8 | −0.003% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.5 | −0.029% | $1.2M | $4.2M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,043.8 | −0.004% | $3K | $45K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.660% | $14K | $302 | 12x | as long as short |
| OKX MU-USDT-SWAPlong | +0.0035% | 8h | 1,043.8 | long leg | $30.8M | $104.8M | 50x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.5 | −0.034% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.6 | −0.021% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044 | +0.012% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.9 | −0.090% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.9 | +0.011% | $7.8M | $24.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0086% | 8h | 1,044.5 | +0.066% | $21.5M | $47.4M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.6 | −0.023% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.7 | −0.011% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,044.9 | +0.099% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.9 | +0.011% | $830 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0102% | 8h | 1,043.8 | −0.007% | $20.4M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.7 | −0.011% | $33K | — | 10x | as long as short |
| Variational Omni MUshort | +0.0135% | 8h | 1,044.2 | +0.035% | $2.6M | $2.7M | — | |
| Paradex MU-USD-PERP | +0.0135% | 8h | 1,043.6 | −0.021% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0160% | 8h | 1,044 | +0.012% | $124.8M | $535.8M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.9 | +0.008% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0200% | 1h | 1,043.8 | −0.005% | $999K | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0215% | 8h | 1,044.5 | +0.064% | $82K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0216% | 1h | 1,042.9 | −0.089% | $266K | $868K | 10x | as long as short |
| Bybit MUUSDT | +0.0243% | 8h | 1,044 | +0.018% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0274% | 1h | 1,043.8 | −0.001% | $27K | $397K | 10x | as long as short |
| BloFin MU-USDT | +0.0278% | 8h | 1,044.2 | +0.037% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0323% | 1h | 1,043.6 | −0.021% | $176.2M | $106.7M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.2 | +0.036% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.3 | −0.046% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.2 | +0.039% | $295K | $338K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0680% | 1h | 1,042.7 | −0.106% | $541K | $1.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0699% | 1h | 1,043.9 | +0.008% | $61K | $247K | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Nado MU-PERP
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD
Deribit MU_USDC-PERPETUAL