Funding you earn now, next payment 08:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.009%
Price spread now: edgeX against Variational Omni+0.049%7-day average −0.029% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.228%+$23 on $10k
+Price spread, last 7 days−0.071%−$7 · spread now +0.049%, 7d avg −0.029%
=Together, before fees+0.157%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.078% dearer against Variational Omni than usual: you sell high and buy low (spread +0.049% now, against its 7-day average of −0.029%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 4 days funding on this pair paid +0.228%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,036.2 | 0 | get 0.0000% / 8h | 1h 31m | $2.5M | $2.6M | — |
| Short | edgeX MUUSDC | 1,036.7 | −0.0296 | pay 0.0148% / 4h | 1h 31m | $1.3M | $673K | 10x |
Variational Omni MU
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.21
- Price spread: +0.049% → −0.029%
- $7.82
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$63.39
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 2 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 Variational Omni RFQ quote, 3 min ago | 1.88 bp | doesn't fit | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 0.63 bp | 5.2 bp −$5 | 7.0 bp −$70 | 26.5 bp −$2,648 | 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 MUUSDCshort | −0.0296% | 4h | 1,036.7 | +0.049% | $1.3M | $673K | 10x | |
| Bitget MUUSDT | −0.0216% | 8h | 1,037.6 | +0.135% | $20.2M | $40.3M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.8 | +0.160% | $21.1M | $58.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.5 | +0.125% | $121.5M | $537.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.5 | +0.132% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.3 | +0.109% | $29.9M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.5 | +0.134% | $314K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037 | +0.082% | $61.8M | $28.5M | 75x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,036.2 | long leg | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | +0.082% | $73K | $1.4M | 10x | as long as short |
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,036.5 | +0.032% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,037.5 | +0.129% | $26K | $389K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.163% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,036.3 | +0.016% | $74K | $561K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.5 | +0.036% | $127K | $441K | 50x | as long as short |
| Nado MU-PERP | +0.0003% | 1h | 1,037.1 | +0.088% | $277K | $815K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,036.1 | −0.006% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.2 | +0.101% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.1 | +0.089% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.9 | +0.071% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,037.1 | +0.087% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.468% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.4 | +0.024% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.2 | +0.099% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.3 | +0.111% | $176.2M | $88.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.2 | +0.101% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.7 | +0.055% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.9 | −0.024% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,037.1 | +0.089% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.2 | +0.008% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.9 | +0.069% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.1 | +0.094% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.2 | +0.096% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.3 | +0.015% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.013% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.1 | +0.089% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037 | +0.082% | $530K | $270K | 15x | as long as short |
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU