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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Deribit against Variational Omni−0.369%7-day average −0.017% · 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 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.369%, 7d avg −0.017%
Together, before fees+0.316%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.353% cheaper against Variational Omni than usual: you would sell low and buy high, −$35 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MU1,035.20get 0.0000% / 8h7h 52m$2.5M$2.6M
ShortDeribit MU_USDC-PERPETUAL1,031.40get 0.0000% / 1h52m 09s$73K$623K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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
$0
Price spread: −0.369% → −0.017%
−$35.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$42.26
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Deribit: live order book, 47 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 Variational Omni RFQ quote, 2 min ago1.89 bpdoesn't fit6.1 bp −$61doesn't fitdoesn't fit
Sell Deribit live order book, 47 min ago3.76 bp9.8 bp −$1014.3 bp −$143doesn'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−0.0494%4h1,034.1−0.105%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0111%8h1,031.4−0.372%$19.9M$40.7M50xas long as short
Aster MUUSD10.0000%8h1,032.8−0.235%$21.1M$68.4M20xas long as short
Binance MUUSDT0.0000%8h1,031.9−0.327%$121.7M$539.3M50xas long as short
Bybit MUUSDT0.0000%8h1,032−0.312%$18.7M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,031.9−0.326%$29.6M$100.2M50xas long as short
RISEx MU/USDC0.0000%1h1,032.4−0.278%$310K$381K20xas long as short
Gate MU_USDT0.0000%8h1,031−0.413%$61.9M$27.7M75xas long as short
Variational Omni MUlong0.0000%8h1,035.2long leg$2.5M$2.6M
GRVT MU_USDT_Perp0.0000%8h1,033.3−0.184%$80K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,032.6−0.253%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,032.8−0.232%$11K$5.4M10xas long as short
Deribit MU_USDC-PERPETUALshort0.0000%1h1,031.4−0.369%$73K$623K10x
HTX MU-USDT0.0000%8h1,030.7−0.440%$124K$485K50xas long as short
Bullet MU-USD+0.0015%1h1,031.8−0.332%$25K$389K10xas long as short
Aftermath Perps MUUSD+0.0023%1h1,034.1−0.114%$3K$43K10xas long as short
QFEX MU-USD+0.0027%1h1,031.8−0.328%$7.0M$18.7M10xas long as short
Lighter MU+0.0032%1h1,031.1−0.402%$995K$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,031−0.407%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,031−0.409%$550K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.558%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,031.3−0.382%$89K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,031.5−0.357%$177K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,030.9−0.419%$174.8M$79.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,031.2−0.390%$167K$177K10xas long as short
SoDEX MU-USD+0.0050%1h1,031.3−0.385%$677K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,031−0.406%$1.9M$2.8M10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,031.4−0.366%$2K5xas long as short
Nado MU-PERP+0.0059%1h1,031.3−0.384%$273K$807K10xas long as short
Aevo MU-PERP+0.0080%1h1,031.1−0.402%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,035.2+0.001%$724K$1.1M10xas long as short
Pacifica MU+0.0100%1h1,031.9−0.326%$144K$191K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,031.6−0.349%$5.1M$4.3M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,033.1−0.205%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,032.1−0.307%$820$79920xas long as short
BloFin MU-USDT+0.0120%8h1,031.9−0.318%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,031.9−0.322%$528K$270K15xas long as short