Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.006%
Price spread now: Variational Omni against Pacifica−0.011%7-day average +0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now −0.011%, 7d avg +0.038%
=Together, before fees+0.263%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.049% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,038.1 | 0.0100 | pay 0.0013% / 1h | 59m 31s | $145K | $191K | 10x |
| Short | Variational Omni MU | 1,038 | 0 | get 0.0000% / 8h | 7h 59m | $2.5M | $2.6M | — |
Pacifica MU
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Pacifica. 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
- Price spread: −0.011% → +0.038%
- −$4.88
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.88
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 38 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 Pacifica live order book, 38 min ago | 1.93 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 1.88 bp | doesn't fit | 5.3 bp −$53 | 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 | −0.0766% | 4h | 1,038.5 | +0.043% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0122% | 8h | 1,037.6 | −0.048% | $20.3M | $40.3M | 50x | as long as short |
| tradeXYZ xyz:MU | −0.0023% | 1h | 1,037.8 | −0.028% | $176.4M | $80.4M | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.4 | +0.032% | $21.2M | $68.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038 | −0.007% | $122.6M | $537.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.2 | +0.008% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.4 | −0.067% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | +0.028% | $312K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.1 | −0.001% | $62.2M | $27.4M | 75x | as long as short |
| Variational Omni MUshort | 0.0000% | 8h | 1,038 | −0.011% | $2.5M | $2.6M | — |
edgeX MUUSDC
Bitget MUUSDT
tradeXYZ xyz:MU
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.1 | +0.001% | $80K | $1.4M | 10x | as long as short |
| Nado MU-PERP | 0.0000% | 1h | 1,038.1 | −0.002% | $279K | $803K | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.2 | +0.006% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,037.3 | −0.076% | $25K | $388K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.1 | +0.092% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.6 | −0.051% | $74K | $623K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.2 | +0.013% | $126K | $481K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,037.7 | −0.039% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.4 | +0.027% | $7.0M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.6 | +0.044% | $1.1M | $4.3M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.034% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.278% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.4 | +0.034% | $1.0M | $4.8M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038 | −0.008% | $90K | $243K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.4 | +0.031% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.3 | −0.076% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.8 | −0.033% | $681K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038.5 | +0.039% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036.9 | −0.117% | $1.9M | $2.7M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.5 | −0.060% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | +0.024% | $726K | $1.2M | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,038.1 | long leg | $145K | $191K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.8 | −0.033% | $5.2M | $4.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.6 | +0.053% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.8 | −0.032% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.2 | +0.008% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.2 | +0.010% | $531K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
Nado MU-PERP
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Coinbase International MU-PERP-INTX
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU