Funding you earn now, next payment 23:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.010%
Price spread now: Aftermath Perps against Variational Omni−0.023%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,043.4 | 0.0109 | pay 0.0109% / 8h | 1h 44m | $2.6M | $2.7M | — |
| Short | Aftermath Perps MUUSD | 1,043.1 | 0.0030 | get 0.0004% / 1h | 44m 30s | $3K | $44K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps 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
- −$16.78
- Price spread: −0.023% → 0.000%
- −$2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$28.07
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aftermath Perps: no order-book sample. 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 | 1.92 bp | doesn't fit | 4.8 bp −$48 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: 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 | −0.0599% | 4h | 1,043.5 | +0.014% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.7 | +0.028% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043 | −0.040% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.8 | +0.232% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.003% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAP | +0.0006% | 8h | 1,043.7 | +0.026% | $30.7M | $104.5M | 50x | as long as short |
| Aftermath Perps MUUSDshort | +0.0030% | 1h | 1,043.1 | −0.023% | $3K | $44K | 10x | |
| Lighter RH MU | +0.0032% | 1h | 1,043.4 | +0.003% | $1.1M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.702% | $14K | $302 | 12x | as long as short |
| Aster MUUSD1 | +0.0038% | 8h | 1,044.2 | +0.076% | $21.5M | $47.2M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.2 | −0.016% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.3 | −0.008% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.7 | +0.027% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.7 | −0.068% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.8 | +0.041% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0083% | 8h | 1,043.6 | +0.022% | $20.4M | $42.9M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.1 | −0.025% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.1 | −0.029% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.1 | −0.030% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.8 | +0.036% | $830 | $799 | 20x | as long as short |
| Variational Omni MUlong | +0.0109% | 8h | 1,043.4 | long leg | $2.6M | $2.7M | — | |
| Aevo MU-PERP | +0.0112% | 1h | 1,043.5 | +0.015% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0119% | 8h | 1,043.5 | +0.011% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0131% | 8h | 1,043.8 | +0.042% | $124.9M | $537.1M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.8 | +0.042% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0192% | 1h | 1,043.6 | +0.016% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0194% | 8h | 1,043.7 | +0.030% | $82K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0195% | 1h | 1,042.8 | −0.057% | $303K | $849K | 10x | as long as short |
| Bybit MUUSDT | +0.0210% | 8h | 1,044 | +0.054% | $19.1M | $32.5M | 100x | as long as short |
| BloFin MU-USDT | +0.0250% | 8h | 1,043.9 | +0.045% | $1.5M | $2.1M | 20x | as long as short |
| Bullet MU-USD | +0.0256% | 1h | 1,043.8 | +0.041% | $26K | $399K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0358% | 1h | 1,043.7 | +0.030% | $176.3M | $107.1M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044 | +0.059% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.2 | −0.016% | $63K | $230K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044 | +0.062% | $285K | $333K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0536% | 1h | 1,043.5 | +0.013% | $60K | $241K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0600% | 1h | 1,042.5 | −0.081% | $541K | $1.1M | 10x | as long as short |
Variational Omni MU
Aftermath Perps MUUSD
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Lighter RH MU
Injective MU/USDC PERP
Aster MUUSD1
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Bybit MUUSDT
BloFin MU-USDT
Bullet MU-USD
tradeXYZ xyz:MU
Phoenix MU
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD