Funding you earn now, next payment 08:00 UTC−0.0097%/8h= −10.6% APRnext payment −$0.97 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against KuCoin−0.011%7-day average +0.037% · 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)0.000%$0 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.011%, 7d avg +0.037%
=Together, before fees0.000%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,051.9 | 0.0100 | pay 0.0100% / 8h | 4h 11m | $5.3M | $3.4M | 20x |
| Short | Variational Omni MU | 1,051.8 | 0.0003 | get 0.0003% / 8h | 4h 11m | $2.7M | $2.4M | — |
KuCoin MUUSDTM
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$20.32
- Price spread: −0.011% → +0.037%
- −$4.87
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.19
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 KuCoin live order book, 6 min ago | 3.18 bp | 15.5 bp −$15 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.19 bp | doesn't fit | 5.0 bp −$50 | 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 | −0.0084% | 4h | 1,051.4 | −0.043% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | +0.057% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.1 | +0.015% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052 | +0.014% | $341K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | +0.011% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,051.7 | −0.020% | $81K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.5 | −0.038% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.1 | +0.023% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.6 | −0.026% | $72K | $443K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.5 | −0.036% | $131K | $434K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MUshort | +0.0003% | 8h | 1,051.8 | −0.011% | $2.7M | $2.4M | — | |
| Bybit MUUSDT | +0.0021% | 8h | 1,052.1 | +0.020% | $19.1M | $32.3M | 100x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,051.9 | −0.002% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052 | +0.012% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.032% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.050% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,051.7 | −0.020% | $7.1M | $17.8M | 10x | as long as short |
| Binance MUUSDT | +0.0039% | 8h | 1,052.2 | +0.028% | $126.6M | $516.5M | 50x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.6 | −0.029% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053 | +0.109% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0047% | 1h | 1,051.5 | −0.037% | $282K | $836K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.7 | −0.018% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.9 | −0.001% | $690K | $16K | 10x | as long as short |
| Bullet MU-USD | +0.0050% | 1h | 1,052 | +0.011% | $26K | $395K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051 | −0.081% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,051.9 | +0.004% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.1 | +0.015% | $1.1M | $5.1M | 20x | as long as short |
| Bitget MUUSDT | +0.0069% | 8h | 1,052.1 | +0.023% | $20.5M | $41.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0071% | 1h | 1,051.9 | +0.001% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.095% | $759K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0088% | 1h | 1,051.5 | −0.037% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.8 | −0.008% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,051.9 | long leg | $5.3M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051 | −0.083% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | +0.001% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0161% | 8h | 1,051.9 | −0.001% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | +0.058% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Binance MUUSDT
Arcus MU-USD
Vest MU-USD-PERP
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bullet MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Bitget MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU