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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.57 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Paradex+0.010%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MU-USD-PERP1,0280.0057pay 0.0057% / 8h7h 34m$2K5x
ShortVariational Omni MU1,028.10get 0.0000% / 8h7h 34m$2.5M$2.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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
−$12.01
Price spread: +0.010% → 0.000%
$0.96
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$15.05
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Variational Omni RFQ quote, 4 min ago1.89 bpdoesn't fit5.6 bp −$56doesn't fitdoesn't fit
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0646%4h1,029.1+0.112%$1.3M$673K10xas long as short
Bitget MUUSDT−0.0057%8h1,027.9−0.005%$19.8M$40.3M50xas long as short
Aster MUUSD10.0000%8h1,028.5+0.053%$21.0M$68.9M20xas long as short
Binance MUUSDT0.0000%8h1,027.8−0.021%$121.1M$544.1M50xas long as short
Bybit MUUSDT0.0000%8h1,027.6−0.036%$18.6M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,027.4−0.058%$29.4M$101.2M50xas long as short
RISEx MU/USDC0.0000%1h1,028.5+0.054%$309K$375K20xas long as short
Gate MU_USDT0.0000%8h1,028.1+0.010%$61.9M$28.0M75xas long as short
Variational Omni MUshort0.0000%8h1,028.1+0.010%$2.5M$2.6M
GRVT MU_USDT_Perp0.0000%8h1,029+0.096%$72K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,028.5+0.049%$186K$3.6M20xas long as short
SunX MU-USDT0.0000%8h1,029.3+0.131%$11K$5.4M10xas long as short
HTX MU-USDT0.0000%8h1,028.4+0.040%$120K$489K50xas long as short
Aftermath Perps MUUSD+0.0026%1h1,028.8+0.080%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,028.3+0.031%$6.9M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,027.4−0.056%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,027.5−0.051%$540K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+2.275%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,028+0.003%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,027.9−0.005%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,027.4−0.056%$166K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,028.2+0.021%$675K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,028+0.004%$1.9M$2.9M10xas long as short
Lighter MU+0.0056%1h1,027.8−0.019%$981K$4.9M20xas long as short
Paradex MU-USD-PERPlong+0.0057%8h1,028long leg$2K5x
Nado MU-PERP+0.0075%1h1,027.6−0.034%$262K$811K10xas long as short
tradeXYZ xyz:MU+0.0078%1h1,027.6−0.037%$173.8M$79.5M10xas long as short
Aevo MU-PERP+0.0080%1h1,027.9−0.007%$32K$1K10xas long as short
Bullet MU-USD+0.0093%1h1,028.5+0.051%$25K$388K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,029.2+0.119%$719K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,027.6−0.037%$145K$194K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,027.7−0.023%$5.1M$4.5M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,028.9+0.086%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,028.4+0.038%$818$79920xas long as short
BloFin MU-USDT+0.0120%8h1,028.5+0.049%$1.5M$2.2M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0168%1h1,028.1+0.016%$72K$629K10xas long as short
Phoenix MU+0.0231%1h1,029.5+0.148%$527K$270K15xas long as short