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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,051.8 | 0.0052 | pay 0.0052% / 8h | 4h 48m | $2.7M | $2.4M | — |
| Short | Pacifica MU | 1,051.7 | 0.0100 | get 0.0013% / 1h | 48m 14s | $148K | $185K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 1 min ago | 1.90 bp | doesn't fit | 4.9 bp −$49 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 10 min ago | 2.19 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | 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 | −0.0223% | 4h | 1,052.4 | +0.059% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,051.8 | +0.007% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.5 | −0.028% | $62.1M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.083% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.5 | −0.024% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.2 | +0.137% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.4 | −0.031% | $69K | $409K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.6 | −0.020% | $130K | $432K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0002% | 8h | 1,051.7 | −0.005% | $31.2M | $99.9M | 50x | as long as short |
| Aster MUUSD1 | +0.0016% | 8h | 1,051.8 | +0.008% | $21.4M | $55.0M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,051.7 | −0.001% | $3K | $45K | 10x | as long as short |
| Bybit MUUSDT | +0.0018% | 8h | 1,052 | +0.023% | $19.1M | $32.3M | 100x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,051.7 | −0.004% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.7 | −0.006% | $1.3M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.038% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,051.6 | −0.019% | $7.2M | $18.0M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0040% | 1h | 1,051.1 | −0.065% | $564K | $1.1M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.6 | −0.012% | $71K | $234K | 10x | as long as short |
| Bullet MU-USD | +0.0042% | 1h | 1,051.7 | −0.005% | $25K | $398K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.8 | +0.099% | — | $175K | 25x | as long as short |
| Nado MU-PERP | +0.0047% | 1h | 1,051.4 | −0.036% | $282K | $843K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.5 | −0.025% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.5 | −0.025% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.6 | −0.107% | $1.9M | $2.2M | 10x | as long as short |
| Variational Omni MUlong | +0.0052% | 8h | 1,051.8 | long leg | $2.7M | $2.4M | — | |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,051.5 | −0.021% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0077% | 1h | 1,051.4 | −0.034% | $178.7M | $99.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,051.9 | +0.017% | $758K | $1.2M | 10x | as long as short |
| Binance MUUSDT | +0.0082% | 8h | 1,051.6 | −0.013% | $126.8M | $517.2M | 50x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,051.7 | −0.006% | $148K | $185K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.6 | −0.018% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.3 | +0.049% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.7 | −0.011% | $836 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,051.2 | −0.050% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0134% | 8h | 1,051.7 | −0.003% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0204% | 8h | 1,051.6 | −0.016% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.7 | +0.089% | $538K | $271K | 15x | as long as short |
Variational Omni MU
Pacifica MU
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
OKX MU-USDT-SWAP
Aster MUUSD1
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Extended MU_24_5-USD
Bullet MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Binance MUUSDT
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU