Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.012%
Price spread now: Variational Omni against Bullet−0.024%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.024%, 7d avg −0.018%
Together, before fees−0.075%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet MU-USD1,042.20.0016pay 0.0002% / 1h44m 48s$25K$392K10x
ShortVariational Omni MU1,0420get 0.0000% / 8h2h 44m$2.7M$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bullet. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.38
Price spread: −0.024% → −0.018%
−$0.57
Slippage, 4 orders
no order book: not counted
Fee Bullet: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$11.96
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Bullet: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bullet live order book, 4 min ago0.96 bp6.4 bp −$619.8 bp −$198doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago1.92 bpdoesn't fit5.5 bp −$55doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0373%4h1,042.1−0.010%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,041.8−0.041%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,041.3−0.082%$122.6M$525.5M50xas long as short
Bybit MUUSDT0.0000%8h1,041.7−0.048%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,041.5−0.064%$30.4M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,042.5+0.030%$336K$354K20xas long as short
Gate MU_USDT0.0000%8h1,041.3−0.083%$61.8M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,041.7−0.051%$20.4M$41.0M50xas long as short
Variational Omni MUshort0.0000%8h1,042−0.024%$2.7M$2.4M
GRVT MU_USDT_Perp0.0000%8h1,042.2+0.002%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,042.1−0.012%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,043.7+0.140%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,042−0.019%$73K$503K10xas long as short
HTX MU-USDT0.0000%8h1,041.5−0.064%$128K$443K50xas long as short
Nado MU-PERP+0.0007%1h1,042.1−0.005%$281K$820K10xas long as short
Bullet MU-USDlong+0.0016%1h1,042.2long leg$25K$392K10x
Aftermath Perps MUUSD+0.0019%1h1,042.1−0.011%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,042−0.020%$7.0M$17.9M10xas long as short
Lighter RH MU+0.0032%1h1,041.9−0.031%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,040.8−0.139%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.879%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,042.1−0.009%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,042.5+0.032%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,041.1−0.106%$176.9M$93.6M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.1−0.010%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,041.8−0.040%$684K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.6−0.057%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0051%8h1,042.6+0.041%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,041.7−0.052%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.3+0.013%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,041.4−0.076%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.3+0.010%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.1−0.011%$828$79920xas long as short
BloFin MU-USDT+0.0120%8h1,041.8−0.042%$1.5M$2.0M20xas long as short
Lighter MU+0.0128%1h1,042−0.019%$1.1M$4.9M20xas long as short
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3+0.107%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043.3+0.106%$534K$270K15xas long as short