Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.008%
Price spread now: SoDEX against Variational Omni+0.086%7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.086%, 7d avg −0.012%
=Together, before fees−0.126%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.099% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,037.5 | 0 | get 0.0000% / 8h | 17m 48s | $2.5M | $2.6M | — |
| Short | SoDEX MU-USD | 1,038.4 | 0.0050 | get 0.0006% / 1h | 17m 48s | $681K | $15K | 10x |
Variational Omni MU
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $10.5
- Price spread: +0.086% → −0.012%
- $9.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $12.36
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SoDEX: live order book, 21 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 | 1.88 bp | doesn't fit | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 21 min ago | 0.05 bp | 11.9 bp −$12 | 39.7 bp −$397 | 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 | −0.0298% | 4h | 1,036.5 | −0.103% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0179% | 8h | 1,038.8 | +0.118% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.120% | $21.2M | $66.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.6 | +0.106% | $122.3M | $538.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.7 | +0.108% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.5 | +0.089% | $29.8M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | +0.065% | $313K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.5 | +0.087% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,037.5 | long leg | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038 | +0.043% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.5 | +0.093% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.9 | +0.227% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | +0.077% | $74K | $616K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.7 | +0.108% | $127K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0010% | 1h | 1,038.7 | +0.108% | $26K | $388K | 10x | as long as short |
| Nado MU-PERP | +0.0016% | 1h | 1,038 | +0.040% | $280K | $805K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,037.3 | −0.026% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.040% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.6 | +0.098% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.1 | +0.050% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.332% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.7 | +0.110% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.4 | −0.013% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.3 | +0.073% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.4 | +0.083% | $176.5M | $81.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.1 | +0.054% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,038.4 | +0.086% | $681K | $15K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.4 | −0.015% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038 | +0.047% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.1 | +0.054% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | +0.077% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.8 | +0.020% | $144K | $192K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.4 | +0.080% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.3 | −0.021% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.5 | +0.094% | $826 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.075% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,037.8 | +0.025% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU