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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.006%
Price spread now: Pacifica against Variational Omni−0.006%7-day average −0.038% · 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)−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.006%, 7d avg −0.038%
Together, before fees+0.241%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.032% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MU1,051.80.0052pay 0.0052% / 8h4h 48m$2.7M$2.4M
ShortPacifica MU1,051.70.0100get 0.0013% / 1h48m 14s$148K$185K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$10.12
Price spread: −0.006% → −0.038%
$3.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$5.34
Costs to cover
0.080%
Break-even
3.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Pacifica: live order book, 10 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, 1 min ago1.90 bpdoesn't fit4.9 bp −$49doesn't fitdoesn't fit
Sell Pacifica live order book, 10 min ago2.19 bp9.2 bp −$9doesn't fitdoesn'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−0.0223%4h1,052.4+0.059%$1.3M$672K10xas long as short
RISEx MU/USDC0.0000%1h1,051.8+0.007%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,051.5−0.028%$62.1M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.6+0.083%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.5−0.024%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,053.2+0.137%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,051.4−0.031%$69K$409K10xas long as short
HTX MU-USDT0.0000%8h1,051.6−0.020%$130K$432K50xas long as short
OKX MU-USDT-SWAP+0.0002%8h1,051.7−0.005%$31.2M$99.9M50xas long as short
Aster MUUSD1+0.0016%8h1,051.8+0.008%$21.4M$55.0M20xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MUUSD+0.0017%1h1,051.7−0.001%$3K$45K10xas long as short
Bybit MUUSDT+0.0018%8h1,052+0.023%$19.1M$32.3M100xas long as short
Lighter MU+0.0032%1h1,051.7−0.004%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,051.7−0.006%$1.3M$4.4M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.038%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,051.6−0.019%$7.2M$18.0M10xas long as short
Extended MU_24_5-USD+0.0040%1h1,051.1−0.065%$564K$1.1M10xas long as short
Arcus MU-USD+0.0040%1h1,051.6−0.012%$71K$234K10xas long as short
Bullet MU-USD+0.0042%1h1,051.7−0.005%$25K$398K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,052.8+0.099%$175K25xas long as short
Nado MU-PERP+0.0047%1h1,051.4−0.036%$282K$843K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.5−0.025%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,051.5−0.025%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,050.6−0.107%$1.9M$2.2M10xas long as short
Variational Omni MUlong+0.0052%8h1,051.8long leg$2.7M$2.4M
Paradex MU-USD-PERP+0.0053%8h1,051.5−0.021%$2K5xas long as short
tradeXYZ xyz:MU+0.0077%1h1,051.4−0.034%$178.7M$99.1M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,051.9+0.017%$758K$1.2M10xas long as short
Binance MUUSDT+0.0082%8h1,051.6−0.013%$126.8M$517.2M50xas long as short
Pacifica MUshort+0.0100%1h1,051.7−0.006%$148K$185K10x
KuCoin MUUSDTM+0.0100%8h1,051.6−0.018%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.3+0.049%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,051.7−0.011%$836$79920xas long as short
Aevo MU-PERP+0.0104%1h1,051.2−0.050%$32K$1K10xas long as short
Bitget MUUSDT+0.0134%8h1,051.7−0.003%$20.6M$41.1M50xas long as short
BloFin MU-USDT+0.0204%8h1,051.6−0.016%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.7+0.089%$538K$271K15xas long as short