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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.017%
Price spread now: Variational Omni against Deribit+0.062%7-day average +0.016% · you sell dearer than you buy
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 4 days (all we have)+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.062%, 7d avg +0.016%
Together, before fees−0.016%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.046% dearer against Deribit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit MU_USDC-PERPETUAL1,035.80get 0.0000% / 1h41m 33s$74K$552K10x
ShortVariational Omni MU1,036.40get 0.0000% / 8h1h 41m$2.5M$2.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. 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
$0
Price spread: +0.062% → +0.016%
$4.57
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$2.43
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Deribit live order book, 2 min ago0.05 bp14.3 bp −$1417.9 bp −$179doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago1.88 bpdoesn't fit4.0 bp −$40doesn'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−0.0796%4h1,036.5+0.072%$1.3M$674K10xas long as short
Bitget MUUSDT−0.0164%8h1,036.2+0.038%$20.2M$41.4M50xas long as short
Aster MUUSD10.0000%8h1,036.7+0.082%$21.1M$57.9M20xas long as short
Binance MUUSDT0.0000%8h1,036.1+0.029%$121.3M$537.1M50xas long as short
Bybit MUUSDT0.0000%8h1,036.2+0.042%$18.5M$32.2M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,036.1+0.028%$29.9M$100.8M50xas long as short
RISEx MU/USDC0.0000%1h1,036.3+0.051%$315K$386K20xas long as short
Gate MU_USDT0.0000%8h1,036.1+0.024%$61.6M$28.4M75xas long as short
Variational Omni MUshort0.0000%8h1,036.4+0.062%$2.5M$2.6M
GRVT MU_USDT_Perp0.0000%8h1,036.1+0.033%$73K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,035.9+0.012%$187K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,036.9+0.101%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUALlong0.0000%1h1,035.8long leg$74K$552K10x
HTX MU-USDT0.0000%8h1,035.5−0.032%$127K$441K50xas long as short
Bullet MU-USD+0.0007%1h1,036.2+0.039%$26K$389K10xas long as short
Aftermath Perps MUUSD+0.0018%1h1,036.3+0.046%$3K$44K10xas long as short
Nado MU-PERP+0.0020%1h1,035.4−0.042%$277K$816K10xas long as short
Lighter MU+0.0032%1h1,036.4+0.061%$1.1M$4.9M20xas long as short
Lighter RH MU+0.0032%1h1,036.3+0.043%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,035.8−0.004%$540K$1.1M10xas long as short
QFEX MU-USD+0.0032%1h1,036.1+0.028%$7.0M$18.6M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.502%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,036.1+0.026%$70K$230K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,036.1+0.025%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,035.80.000%$176.0M$89.2M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,035.80.000%$168K$196K10xas long as short
SoDEX MU-USD+0.0050%1h1,035.80.000%$680K$15K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,034.8−0.096%$1.8M$2.6M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,036.4+0.055%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,035.5−0.030%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,036.2+0.041%$147K$190K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,036+0.022%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,036.8+0.097%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,036+0.020%$824$79920xas long as short
Coinbase International MU-PERP-INTX+0.0104%1h1,036+0.021%$731K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,036.4+0.057%$1.5M$2.1M20xas long as short
Phoenix MU+0.0231%1h1,036.2+0.039%$530K$270K15xas long as short