Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h +0.048%
Price spread now: RISEx against Variational Omni−0.071%7-day average +0.003% · 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)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.417%+$42 · spread now −0.071%, 7d avg +0.003%
=Together, before fees+0.411%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and RISEx is 0.074% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,053 | 0.0012 | pay 0.0012% / 8h | 4h 16m | $2.7M | $2.4M | — |
| Short | RISEx MU/USDC | 1,052.3 | 0 | get 0.0000% / 1h | 16m 22s | $333K | $348K | 20x |
Variational Omni MU
RISEx MU/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$2.58
- Price spread: −0.071% → +0.003%
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$15.97
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; RISEx: live order book, 42 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 | 1.90 bp | doesn't fit | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 42 min ago | 0.76 bp | 3.8 bp −$4 | 4.5 bp −$45 | 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 | −0.0763% | 4h | 1,052.5 | −0.051% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.4 | −0.061% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052 | −0.096% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDCshort | 0.0000% | 1h | 1,052.3 | −0.071% | $333K | $348K | 20x | |
| Gate MU_USDT | 0.0000% | 8h | 1,051.9 | −0.107% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | −0.040% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.1 | −0.090% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052 | −0.095% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.8 | −0.114% | $131K | $435K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0007% | 1h | 1,051.7 | −0.126% | $72K | $438K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MUlong | +0.0012% | 8h | 1,053 | long leg | $2.7M | $2.4M | — | |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,052.1 | −0.091% | $3K | $45K | 10x | as long as short |
| Bybit MUUSDT | +0.0023% | 8h | 1,052.3 | −0.071% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051.7 | −0.124% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.3 | −0.166% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.159% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.091% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.2 | −0.081% | $71K | $234K | 10x | as long as short |
| Binance MUUSDT | +0.0045% | 8h | 1,052 | −0.102% | $126.6M | $516.6M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.013% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | −0.109% | $282K | $837K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.8 | −0.117% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.8 | −0.118% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.145% | $1.9M | $2.2M | 10x | as long as short |
| Bullet MU-USD | +0.0051% | 1h | 1,052.2 | −0.082% | $25K | $395K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.3 | −0.072% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,051.7 | −0.124% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,051.8 | −0.117% | $178.7M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | −0.013% | $759K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0088% | 8h | 1,052.4 | −0.057% | $20.5M | $41.1M | 50x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.6 | −0.139% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.3 | −0.073% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.8 | −0.115% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.8 | −0.019% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | −0.111% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0166% | 8h | 1,052.3 | −0.070% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | −0.050% | $538K | $271K | 15x | as long as short |
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Binance MUUSDT
Vest MU-USD-PERP
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Bullet MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU