Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.010%
Price spread now: Variational Omni against Vest−0.019%56s7-day average −0.622% · 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)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.019%, 7d avg −0.622%
=Together, before fees+0.018%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.603% dearer against Vest than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.622%): +$60 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest MU-USD-PERP | 1,037.7 | 0.0046 | pay 0.0006% / 1h | 19m 42s | — | $175K | 25x |
| Short | Variational Omni MU | 1,037.5 | 0 | get 0.0000% / 8h | 19m 42s | $2.5M | $2.6M | — |
Vest MU-USD-PERP
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Vest. 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
- −$9.59
- Price spread: −0.019% → −0.622%
- $60.31
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $48.71
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 4 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 Vest no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 1.88 bp | doesn't fit | 5.2 bp −$52 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.121% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0182% | 8h | 1,038.3 | +0.057% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.2 | +0.040% | $21.2M | $66.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.2 | +0.047% | $122.3M | $538.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.2 | +0.045% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.1 | +0.031% | $29.8M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.2 | +0.049% | $313K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.9 | +0.019% | $61.5M | $28.4M | 75x | as long as short |
| Variational Omni MUshort | 0.0000% | 8h | 1,037.5 | −0.019% | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.6 | −0.106% | $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 | 1,037.9 | +0.016% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.6 | +0.181% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.8 | +0.008% | $74K | $615K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.6 | −0.011% | $127K | $480K | 50x | as long as short |
| Bullet MU-USD | +0.0009% | 1h | 1,038.1 | +0.032% | $26K | $389K | 10x | as long as short |
| Nado MU-PERP | +0.0016% | 1h | 1,037.6 | −0.014% | $280K | $805K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,037 | −0.067% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.027% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.1 | +0.032% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.8 | +0.006% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.312% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.2 | +0.043% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.3 | −0.047% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERPlong | +0.0046% | 1h | 1,037.7 | long leg | — | $175K | 25x | |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.9 | +0.015% | $176.4M | $81.4M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.8 | +0.006% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.016% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.4 | −0.032% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038 | +0.024% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.5 | −0.021% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,036.7 | −0.101% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.7 | −0.007% | $144K | $192K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.8 | +0.001% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.3 | −0.040% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038 | +0.021% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.9 | +0.019% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,037.8 | +0.006% | $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
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX 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