MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.22 per $10,000 · paid last 24h +0.006%

Price spread now: Orderly against Variational Omni+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.026% dearer against Variational Omni than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MU	1,050.5	0.0122	pay 0.0122% / 8h	5h 32m	$2.7M	$2.4M	—
Short	Orderly PERP_MU_USDC_mythos	1,050.7	0.0100	get 0.0100% / 8h	5h 32m	$835	$799	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee Variational OmnibpFee OrderlybpOrdersPrice spread, now +0.026%Rate

Funding earned: −$4.66
Price spread: +0.026% → 0.000%: $2.57
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$8.1
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Orderly: no order-book sample. 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	4.4 bp −$44	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0868%	4h	1,050.2	−0.024%	$1.3M	$672K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.9	+0.042%	$19.2M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.9	+0.044%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.7	+0.025%	$62.1M	$27.4M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.5	−0.001%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,050.3	−0.012%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052.5	+0.195%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.4	−0.011%	$67K	$370K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.6	+0.009%	$129K	$428K	50x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,050	−0.045%	$3K	$44K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0026%	8h	1,050.9	+0.036%	$31.0M	$99.8M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.6	+0.010%	$7.2M	$18.2M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.7	+0.021%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.085%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050.3	−0.017%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.7	+0.114%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.6	+0.012%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.8	+0.028%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.8	−0.067%	$1.9M	$2.3M	10x	as long as short
Lighter MU	+0.0056%	1h	1,050.8	+0.030%	$1.1M	$4.9M	20x	as long as short
Extended MU_24_5-USD	+0.0056%	1h	1,050	−0.047%	$564K	$1.1M	10x	as long as short
Paradex MU-USD-PERP	+0.0057%	8h	1,050.8	+0.029%	$2K	—	5x	as long as short
Nado MU-PERP	+0.0061%	1h	1,050.5	+0.004%	$282K	$848K	10x	as long as short
tradeXYZ xyz:MU	+0.0064%	1h	1,050.5	+0.003%	$178.3M	$99.2M	10x	as long as short
Aster MUUSD1	+0.0078%	8h	1,050.8	+0.035%	$21.4M	$52.1M	20x	as long as short
Bullet MU-USD	+0.0080%	1h	1,050.9	+0.038%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.050%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.4	−0.010%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.7	+0.017%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050	−0.045%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythosshort	+0.0100%	8h	1,050.7	+0.026%	$835	$799	20x
Aevo MU-PERP	+0.0120%	1h	1,050.4	−0.008%	$32K	$1K	10x	as long as short
Variational Omni MUlong	+0.0122%	8h	1,050.5	long leg	$2.7M	$2.4M	—
Bitget MUUSDT	+0.0131%	8h	1,050.9	+0.036%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0140%	8h	1,050.8	+0.035%	$126.6M	$518.4M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.8	+0.031%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0261%	8h	1,050.8	+0.027%	$1.5M	$2.0M	20x	as long as short