Funding you earn now, next payment 23:00 UTC−0.0141%/8h= −15.4% APRpaid last 24h −0.010%
Price spread now: StandX against Variational Omni−0.087%7-day average +0.008% · 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)−0.072%−$7 on $10k
+Price spread, last 7 days+0.114%+$11 · spread now −0.087%, 7d avg +0.008%
=Together, before fees+0.041%+ Points / potential airdropVariational Omni: Active · StandX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and StandX is 0.095% cheaper against Variational Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,044 | 0.0141 | pay 0.0141% / 8h | 1h 19m | $2.6M | $2.6M | — |
| Short | StandX MU-USD | 1,043.1 | 0 | get 0.0000% / 1h | 19m 20s | $189K | $3.3M | 20x |
Variational Omni MU
StandX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$29.53
- Price spread: −0.087% → +0.008%
- −$9.51
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$47.04
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; StandX: live order book, 5 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, 5 min ago | 1.91 bp | doesn't fit | 3.7 bp −$37 | doesn't fit | doesn't fit |
| Sell StandX live order book, 5 min ago | 2.63 bp | 7.6 bp −$8 | 14.5 bp −$145 | 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 | −0.0865% | 4h | 1,044.1 | +0.006% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | −0.035% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,043.1 | −0.087% | $189K | $3.3M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,046 | +0.192% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.6 | −0.036% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.4 | −0.056% | $1.2M | $4.2M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0033% | 1h | 1,043.8 | −0.023% | $3K | $45K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.642% | $14K | $302 | 12x | as long as short |
| OKX MU-USDT-SWAP | +0.0036% | 8h | 1,043.7 | −0.034% | $30.8M | $104.8M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.3 | −0.064% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
OKX MU-USDT-SWAP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.4 | −0.058% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.7 | −0.026% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.9 | −0.108% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.7 | −0.026% | $7.8M | $24.2M | 10x | as long as short |
| Aster MUUSD1 | +0.0087% | 8h | 1,044.4 | +0.041% | $21.5M | $47.4M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.5 | −0.044% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.5 | −0.051% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.049% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.8 | −0.022% | $830 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0103% | 8h | 1,043.6 | −0.035% | $20.4M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.6 | −0.038% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0135% | 8h | 1,043.4 | −0.058% | $2K | — | 5x | as long as short |
| Variational Omni MUlong | +0.0141% | 8h | 1,044 | long leg | $2.6M | $2.6M | — | |
| Binance MUUSDT | +0.0160% | 8h | 1,043.8 | −0.016% | $124.8M | $535.7M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.074% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0200% | 1h | 1,043.5 | −0.048% | $999K | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0217% | 1h | 1,042.8 | −0.118% | $266K | $868K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0218% | 8h | 1,044.2 | +0.021% | $77K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0243% | 8h | 1,044 | −0.005% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0276% | 1h | 1,043.7 | −0.034% | $27K | $396K | 10x | as long as short |
| BloFin MU-USDT | +0.0278% | 8h | 1,044.2 | +0.020% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0324% | 1h | 1,043.5 | −0.048% | $176.2M | $106.7M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.2 | +0.019% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.3 | −0.071% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.1 | +0.011% | $295K | $338K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0613% | 1h | 1,043.6 | −0.043% | $61K | $247K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0680% | 1h | 1,042.5 | −0.143% | $541K | $1.0M | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Nado MU-PERP
GRVT MU_USDT_Perp
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD