Funding you earn now, next payment 10:00 UTC+0.0059%/8h= +6.4% APRpaid last 24h −0.006%
Price spread now: QFEX against Variational Omni−0.026%7-day average −0.040% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.038%−$4 on $10k
+Price spread, last 7 days−0.001%$0 · spread now −0.026%, 7d avg −0.040%
=Together, before fees−0.039%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,033.1 | 0 | get 0.0000% / 8h | 6h 19m | $2.6M | $2.6M | — |
| Short | QFEX MU-USD | 1,032.8 | 0.0059 | get 0.0007% / 1h | 19m 35s | $7.0M | $19.0M | 10x |
Variational Omni MU
QFEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $12.35
- Price spread: −0.026% → −0.040%
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $3.71
- Costs to cover
- 0.100%
- Break-even
- 4.9 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; QFEX: live order book, 8 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, 3 min ago | 1.89 bp | doesn't fit | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 0.63 bp | 7.0 bp −$7 | 8.2 bp −$82 | 11.4 bp −$1,137 | doesn't fit |
MU on 37 exchanges
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 | −0.0261% | 4h | 1,033.3 | +0.017% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.9 | +0.076% | $21.1M | $72.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,033.3 | +0.013% | $120.5M | $550.0M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.1 | +0.002% | $29.4M | $106.4M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.8 | −0.033% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.1 | 0.000% | $19.7M | $42.8M | 50x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,033.1 | long leg | $2.6M | $2.6M | — | |
| StandX MU-USD | 0.0000% | 1h | 1,033.3 | +0.020% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,034.9 | +0.175% | $11K | $5.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,032.2 | −0.086% | $46K | $693K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,032.7 | −0.042% | $119K | $486K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,032.7 | −0.037% | $1.1M | $4.5M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.2 | +0.013% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.766% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.6 | +0.043% | — | $177K | 25x | as long as short |
| Bybit MUUSDT | +0.0046% | 8h | 1,033.2 | +0.010% | $18.8M | $32.5M | 100x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,033 | −0.011% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.1 | −0.002% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,031.9 | −0.115% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USDshort | +0.0059% | 1h | 1,032.8 | −0.026% | $7.0M | $19.0M | 10x | |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,033 | −0.008% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.7 | −0.036% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,032.8 | −0.035% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,032.9 | −0.021% | $5.2M | $5.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | +0.042% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.4 | +0.025% | $822 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,033.5 | +0.033% | $295K | $350K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.2 | +0.005% | $1.4M | $2.4M | 20x | as long as short |
| Nado MU-PERP | +0.0124% | 1h | 1,032.6 | −0.048% | $269K | $840K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0130% | 8h | 1,033.4 | +0.029% | $76K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,032.8 | −0.026% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,032.6 | −0.052% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | +0.037% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0180% | 1h | 1,033 | −0.011% | $174.9M | $75.6M | 10x | as long as short |
| Bullet MU-USD | +0.0216% | 1h | 1,033.4 | +0.027% | $25K | $385K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,032.3 | −0.081% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,033.6 | +0.047% | $529K | $269K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Bybit MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
GRVT MU_USDT_Perp
Lighter MU
Arcus MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU