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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,052.6 | 0 | get 0.0000% / 1h | 5m 29s | $334K | $348K | 20x |
| Short | Variational Omni MU | 1,052.2 | 0.0071 | get 0.0071% / 8h | 5h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy RISEx live order book, 58 min ago | 1.05 bp | 4.0 bp −$4 | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.90 bp | doesn't fit | 4.4 bp −$44 | 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 | −0.0138% | 4h | 1,052.3 | −0.027% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDClong | 0.0000% | 1h | 1,052.6 | long leg | $334K | $348K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.029% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | −0.024% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | −0.055% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.154% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.1 | −0.044% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0010% | 8h | 1,052.7 | +0.016% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0017% | 8h | 1,052.5 | −0.011% | $31.1M | $99.9M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.9 | −0.061% | $3K | $44K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.2 | −0.039% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.3 | −0.022% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.115% | $19K | $5K | 12x | as long as short |
| Aster MUUSD1 | +0.0036% | 8h | 1,052.3 | −0.024% | $21.4M | $54.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.9 | −0.069% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.5 | +0.084% | — | $175K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | −0.061% | $282K | $844K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.036% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.2 | −0.037% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.100% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | −0.002% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | −0.017% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0064% | 1h | 1,052.2 | −0.036% | $178.6M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,052.4 | −0.021% | $26K | $398K | 10x | as long as short |
| Variational Omni MUshort | +0.0071% | 8h | 1,052.2 | −0.037% | $2.7M | $2.4M | — | |
| Extended MU_24_5-USD | +0.0072% | 1h | 1,051.7 | −0.085% | $564K | $1.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | −0.060% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | −0.012% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | −0.052% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.071% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.2 | −0.038% | $836 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,051.9 | −0.063% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0104% | 8h | 1,052.5 | −0.008% | $126.7M | $518.1M | 50x | as long as short |
| Bitget MUUSDT | +0.0135% | 8h | 1,052.4 | −0.017% | $20.6M | $41.0M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0140% | 1h | 1,052 | −0.052% | $69K | $390K | 10x | as long as short |
| BloFin MU-USDT | +0.0227% | 8h | 1,052.2 | −0.037% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.7 | +0.012% | $538K | $271K | 15x | as long as short |
RISEx MU/USDC
Variational Omni MU
edgeX MUUSDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Aster MUUSD1
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Bitget MUUSDT
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Phoenix MU