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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.010%
Price spread now: Variational Omni against StandX+0.063%57s7-day average −0.009% · 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 3 days (all we have)+0.072%+$7 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.063%, 7d avg −0.009%
Together, before fees−0.031%+ Points / potential airdropStandX: Active · Variational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.072% dearer against StandX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,042.60.0014pay 0.0002% / 1h11m 39s$188K$3.3M20x
ShortVariational Omni MU1,043.30.0078get 0.0078% / 8h2h 11m$2.7M$2.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against StandX. 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
$13.38
Price spread: +0.063% → −0.009%
$7.22
Slippage, 4 orders
no order book: not counted
Fee StandX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$12.59
Costs to cover
0.080%
Break-even
0.4 days
Slippage unknown: StandX: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 StandX live order book, 2 min ago3.36 bp8.5 bp −$915.2 bp −$152doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago1.92 bpdoesn't fit5.6 bp −$56doesn'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−0.0320%4h1,043+0.038%$1.3M$674K10xas long as short
Aster MUUSD10.0000%8h1,043.3+0.069%$21.5M$46.3M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.9+0.029%$30.7M$104.3M50xas long as short
Gate MU_USDT0.0000%8h1,042.9+0.026%$62.9M$29.1M75xas long as short
SunX MU-USDT0.0000%8h1,044.9+0.222%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,042.8+0.017%$125K$442K50xas long as short
StandX MU-USDlong+0.0014%1h1,042.6long leg$188K$3.3M20x
Aftermath Perps MUUSD+0.0027%1h1,042.6+0.001%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,042.7+0.008%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.775%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,042.5−0.009%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.6−0.003%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.9+0.023%$684K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.8−0.084%$2.0M$2.6M10xas long as short
QFEX MU-USD+0.0057%1h1,042.8+0.016%$7.8M$24.1M10xas long as short
Bitget MUUSDT+0.0072%8h1,042.8+0.013%$20.4M$42.8M50xas long as short
Variational Omni MUshort+0.0078%8h1,043.3+0.063%$2.7M$2.7M
Pacifica MU+0.0100%1h1,042.3−0.028%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.6+0.001%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.9+0.030%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043+0.037%$829$79920xas long as short
Aevo MU-PERP+0.0104%1h1,042.6−0.001%$33K10xas long as short
Binance MUUSDT+0.0107%8h1,043+0.037%$124.7M$540.4M50xas long as short
Paradex MU-USD-PERP+0.0120%8h1,042.8+0.017%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.8+0.114%$756K$1.5M10xas long as short
GRVT MU_USDT_Perp+0.0172%8h1,043.6+0.098%$82K$1.4M10xas long as short
Bybit MUUSDT+0.0186%8h1,043.1+0.048%$19.1M$32.5M100xas long as short
Nado MU-PERP+0.0195%1h1,041.9−0.073%$306K$845K10xas long as short
Lighter MU+0.0200%1h1,042.8+0.013%$999K$4.8M20xas long as short
RISEx MU/USDC+0.0202%1h1,043.2+0.057%$285K$333K20xas long as short
tradeXYZ xyz:MU+0.0211%1h1,042.8+0.016%$176.3M$107.2M10xas long as short
BloFin MU-USDT+0.0225%8h1,043.1+0.045%$1.5M$2.1M20xas long as short
Arcus MU-USD+0.0226%1h1,042.5−0.010%$63K$230K10xas long as short
Bullet MU-USD+0.0230%1h1,043+0.033%$26K$400K10xas long as short
Phoenix MU+0.0230%1h1,043.7+0.103%$534K$303K15xas long as short
Deribit MU_USDC-PERPETUAL+0.0345%1h1,042.8+0.014%$58K$224K10xas long as short
Extended MU_24_5-USD+0.0696%1h1,041.9−0.070%$540K$1.1M10xas long as short