Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.3% APRnext payment −$0.66 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Variational Omni+0.060%7-day average +0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days−0.052%−$5 · spread now +0.060%, 7d avg +0.001%
=Together, before fees−0.063%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.059% dearer against Variational Omni than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.001%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 3 days (−0.011% in total) that is about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,051.4 | 0.0087 | pay 0.0087% / 8h | 5h 12m | $2.7M | $2.4M | — |
| Short | OKX MU-USDT-SWAP | 1,052 | 0.0020 | get 0.0020% / 8h | 5h 12m | $31.1M | $99.9M | 50x |
Variational Omni MU
OKX MU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.95
- Price spread: +0.060% → +0.001%
- $5.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$18.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; OKX: 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, 2 min ago | 1.90 bp | doesn't fit | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.05 bp | 5.4 bp −$5 | 7.4 bp −$74 | 18.4 bp −$1,843 | 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 MUUSDC | −0.0194% | 4h | 1,051.6 | +0.017% | $1.3M | $673K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.090% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.1 | +0.067% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.8 | +0.036% | $85K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.2 | −0.015% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.8 | +0.231% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.8 | +0.037% | $68K | $385K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.1 | +0.068% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0005% | 8h | 1,052.2 | +0.080% | $19.2M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,051 | −0.034% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bybit MUUSDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MU-USDT-SWAPshort | +0.0020% | 8h | 1,052 | +0.060% | $31.1M | $99.9M | 50x | |
| QFEX MU-USD | +0.0030% | 1h | 1,052 | +0.058% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052 | +0.056% | $1.3M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.002% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.4 | +0.001% | $71K | $235K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.173% | — | $175K | 25x | as long as short |
| Aster MUUSD1 | +0.0048% | 8h | 1,052.2 | +0.083% | $21.4M | $54.2M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | +0.049% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052 | +0.058% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.9 | −0.044% | $1.9M | $2.3M | 10x | as long as short |
| Nado MU-PERP | +0.0052% | 1h | 1,051.9 | +0.047% | $282K | $845K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0055% | 8h | 1,052.2 | +0.082% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0062% | 1h | 1,051.9 | +0.049% | $178.4M | $99.1M | 10x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,052.2 | +0.073% | $1.1M | $5.0M | 20x | as long as short |
| Bullet MU-USD | +0.0069% | 1h | 1,052.2 | +0.078% | $25K | $398K | 10x | as long as short |
| Variational Omni MUlong | +0.0087% | 8h | 1,051.4 | long leg | $2.7M | $2.4M | — | |
| Extended MU_24_5-USD | +0.0088% | 1h | 1,051.3 | −0.008% | $564K | $1.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | +0.053% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.7 | +0.030% | $149K | $184K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | +0.059% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.3 | −0.005% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | +0.049% | $836 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,051.7 | +0.027% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0116% | 8h | 1,052 | +0.057% | $126.6M | $518.3M | 50x | as long as short |
| Bitget MUUSDT | +0.0122% | 8h | 1,052.1 | +0.072% | $20.6M | $41.1M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,051.7 | +0.030% | $538K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0236% | 8h | 1,052.2 | +0.078% | $1.5M | $2.0M | 20x | as long as short |
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Aster MUUSD1
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Nado MU-PERP
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Lighter MU
Bullet MU-USD
Extended MU_24_5-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Binance MUUSDT
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT