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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.88 per $10,000 · paid last 24h +0.006%
Price spread now: KuCoin against Variational Omni−0.100%7-day average −0.037% · 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 3 days (all we have)0.000%$0 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.100%, 7d avg −0.037%
Together, before fees+0.111%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.062% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.037%). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (0.000% in total) that is about years.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MU1,0530.0012pay 0.0012% / 8h4h 16m$2.7M$2.4M
ShortKuCoin MUUSDTM1,0520.0100get 0.0100% / 8h4h 16m$5.3M$3.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$18.42
Price spread: −0.100% → −0.037%
−$6.24
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$0.18
Costs to cover
0.120%
Break-even
6.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 1 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 ago1.90 bpdoesn't fit4.7 bp −$47doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago3.18 bp15.1 bp −$1525.6 bp −$256doesn'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−0.0763%4h1,052.5−0.051%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,052.5−0.050%$21.4M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.2−0.079%$31.2M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,052.3−0.071%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052−0.094%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.6−0.040%$82K$1.4M10xas long as short
StandX MU-USD0.0000%1h1,052.1−0.090%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,052.4−0.061%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.3−0.067%$131K$434K50xas long as short
Variational Omni MUlong+0.0012%8h1,053long leg$2.7M$2.4M
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSD+0.0021%1h1,052.5−0.054%$3K$44K10xas long as short
Bybit MUUSDT+0.0023%8h1,052.5−0.049%$19.1M$32.3M100xas long as short
Lighter RH MU+0.0032%1h1,052.2−0.082%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6−0.137%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.159%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.1−0.091%$7.1M$17.9M10xas long as short
Arcus MU-USD+0.0040%1h1,052.2−0.081%$71K$234K10xas long as short
Binance MUUSDT+0.0045%8h1,052.2−0.078%$126.6M$516.6M50xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.3+0.027%$176K25xas long as short
Nado MU-PERP+0.0047%1h1,051.9−0.109%$282K$837K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052−0.098%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.1−0.088%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.5−0.145%$1.9M$2.2M10xas long as short
Bullet MU-USD+0.0051%1h1,052.3−0.070%$25K$395K10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,052.3−0.072%$2K5xas long as short
Lighter MU+0.0056%1h1,052.2−0.082%$1.1M$5.1M20xas long as short
tradeXYZ xyz:MU+0.0075%1h1,052−0.098%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.9−0.013%$759K$1.2M10xas long as short
Bitget MUUSDT+0.0088%8h1,052.4−0.057%$20.5M$41.1M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0092%1h1,051.9−0.105%$71K$437K10xas long as short
Aevo MU-PERP+0.0096%1h1,051.8−0.112%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052.3−0.073%$148K$185K10xas long as short
KuCoin MUUSDTMshort+0.0100%8h1,052−0.100%$5.3M$3.4M20x
ApeX Omni MUUSDT+0.0100%1h1,052.8−0.019%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052−0.094%$836$79920xas long as short
BloFin MU-USDT+0.0166%8h1,052.3−0.070%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.5−0.050%$538K$271K15xas long as short