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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h −0.050%
Price spread now: Variational Omni against RISEx−0.037%7-day average −0.003% · you buy dearer than you sell
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)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.037%, 7d avg −0.003%
Together, before fees−0.054%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.034% cheaper against RISEx than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.003%). If the spread goes back, that is −$3 on $10k: about 38 hours of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.006% in total) that is about 19 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx MU/USDC1,052.60get 0.0000% / 1h5m 29s$334K$348K20x
ShortVariational Omni MU1,052.20.0071get 0.0071% / 8h5h 05m$2.7M$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against RISEx. 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
$14.94
Price spread: −0.037% → −0.003%
−$3.37
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$5.57
Costs to cover
0.060%
Break-even
4.4 days
Slippage unknown: RISEx: live order book, 58 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 58 min ago1.05 bp4.0 bp −$44.4 bp −$44doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago1.90 bpdoesn't fit4.4 bp −$44doesn'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−0.0138%4h1,052.3−0.027%$1.3M$672K10xas long as short
RISEx MU/USDClong0.0000%1h1,052.6long leg$334K$348K20x
Gate MU_USDT0.0000%8h1,052.3−0.029%$62.0M$27.6M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.3−0.024%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,052−0.055%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,054.2+0.154%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.1−0.044%$130K$430K50xas long as short
Bybit MUUSDT+0.0010%8h1,052.7+0.016%$19.2M$32.3M100xas long as short
OKX MU-USDT-SWAP+0.0017%8h1,052.5−0.011%$31.1M$99.9M50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,051.9−0.061%$3K$44K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MU-USD+0.0030%1h1,052.2−0.039%$7.2M$18.1M10xas long as short
Lighter RH MU+0.0032%1h1,052.3−0.022%$1.3M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.115%$19K$5K12xas long as short
Aster MUUSD1+0.0036%8h1,052.3−0.024%$21.4M$54.9M20xas long as short
Arcus MU-USD+0.0040%1h1,051.9−0.069%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.5+0.084%$175K25xas long as short
Nado MU-PERP+0.0048%1h1,051.9−0.061%$282K$844K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2−0.036%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.2−0.037%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.5−0.100%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0054%8h1,052.5−0.002%$2K5xas long as short
Lighter MU+0.0056%1h1,052.4−0.017%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0064%1h1,052.2−0.036%$178.6M$98.9M10xas long as short
Bullet MU-USD+0.0065%1h1,052.4−0.021%$26K$398K10xas long as short
Variational Omni MUshort+0.0071%8h1,052.2−0.037%$2.7M$2.4M
Extended MU_24_5-USD+0.0072%1h1,051.7−0.085%$564K$1.1M10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,051.9−0.060%$758K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,052.5−0.012%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052−0.052%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.8−0.071%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.2−0.038%$836$79920xas long as short
Aevo MU-PERP+0.0104%1h1,051.9−0.063%$32K$1K10xas long as short
Binance MUUSDT+0.0104%8h1,052.5−0.008%$126.7M$518.1M50xas long as short
Bitget MUUSDT+0.0135%8h1,052.4−0.017%$20.6M$41.0M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0140%1h1,052−0.052%$69K$390K10xas long as short
BloFin MU-USDT+0.0227%8h1,052.2−0.037%$1.5M$2.0M20xas long as short
Phoenix MU+0.0229%1h1,052.7+0.012%$538K$271K15xas long as short