Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.006%
Price spread now: ApeX Omni against Variational Omni+0.030%7-day average +0.008% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.030%, 7d avg +0.008%
=Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.022% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,036.2 | 0 | get 0.0000% / 8h | 48m 53s | $2.5M | $2.6M | — |
| Short | ApeX Omni MUUSDT | 1,036.5 | 0.0100 | get 0.0013% / 1h | 48m 53s | $70K | $270K | 50x |
Variational Omni MU
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $21
- Price spread: +0.030% → +0.008%
- $2.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $13.18
- Costs to cover
- 0.100%
- Break-even
- 2.6 days
Slippage unknown: Variational Omni: RFQ quote, just now; ApeX Omni: live order book, 53 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 Variational Omni RFQ quote, just now | 1.93 bp | doesn't fit | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 53 min ago | 7.62 bp | 20.1 bp −$20 | 191.6 bp −$1,916 | 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 | −0.0547% | 4h | 1,036.2 | −0.004% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0218% | 8h | 1,037.9 | +0.164% | $20.2M | $40.1M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.2 | +0.188% | $21.1M | $64.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038 | +0.170% | $122.2M | $538.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.9 | +0.157% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.8 | +0.150% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.5 | +0.123% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.8 | +0.153% | $61.5M | $28.2M | 75x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,036.2 | long leg | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.4 | +0.017% | $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 | 1,036.5 | +0.022% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.4 | +0.305% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.5 | +0.118% | $74K | $593K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.3 | +0.101% | $128K | $460K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,036.1 | −0.010% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,037.3 | +0.106% | $7.0M | $18.8M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.8 | +0.154% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.4 | +0.112% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.460% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0034% | 1h | 1,037.2 | +0.092% | $279K | $809K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036 | −0.022% | $90K | $244K | 10x | as long as short |
| Bullet MU-USD | +0.0044% | 1h | 1,037.6 | +0.132% | $25K | $389K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.2 | +0.094% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.4 | +0.113% | $176.4M | $84.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.3 | +0.103% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.4 | +0.110% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,035.7 | −0.056% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.6 | +0.127% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.2 | +0.091% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.8 | +0.246% | $734K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0088% | 1h | 1,037.9 | +0.159% | $1.0M | $4.9M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.4 | +0.109% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.8 | +0.149% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,036.5 | +0.030% | $70K | $270K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.6 | +0.135% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.8 | +0.148% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,035.6 | −0.061% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Nado MU-PERP
Arcus MU-USD
Bullet MU-USD
Vest MU-USD-PERP
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
Lighter MU
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU