Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

MU

RWAAll MU markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Variational OmniMU
1,053.6+0.0185pay 0.0185% / 8h2h 25m$3.7M$6.3M20xLong Variational Omni+15% pts
SHORT
AvantisMU/USD
1,053.3L +0.0315S −0.0279get 0.0035% / 1h25m 19s$119K—5xShort Avantis
Price gap−0.022%
Funding gap+0.0094% /8h

Funding pays +$3 a day on $10k, but the gap is 0.036% under its 7d average: −$4 if it goes back, about 31 hours of funding. At the last 7 days' pace that is about 3.1 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.0094% /8h now · paid +0.082% over the last 7D
Price−$4spread −0.022% now, avg +0.015% → −0.036% if it goes back
Costsno datano order book for Avantis
Result, before costs+$5+0.05%+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.022%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MU on 40 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$500 + $2,000
    Variational Omni 20x, Avantis 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$2.82Long Variational Omni: 3 payments, −$5.56; short Avantis: 24 payments, +$8.38.
  • Watch: Gap narrower than usual−0.022% vs +0.015%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$119K vs $3.7M OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0039%/8h × 21 periods+$8.15
Price spread−0.022% → +0.015% (7d avg)−$3.62
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$4.47
Costs to cover0.090%Break-even10.8 days
Slippage: Variational Omni: RFQ quote, just now; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni1.904.5 bp−$56.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
09-30 20:09BackpackOtherJUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗
09-30 19:45Vest MarketsOtherTrade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
09-30 19:45Vest MarketsOther$MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗
09-30 19:11Polymarket PerpsOtherMEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗
09-30 17:30MEXCOther$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗
09-30 15:30PhoenixOther$MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗