MU

Alert: funding

Alert: spread

Funding you earn now, next payment 19:00 UTC+0.0120%/8hpaid last 24h +0.051%

Price spread now: Coinbase International against Variational Omni−0.110%7-day average −0.029% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.110%, 7d avg −0.029%

Together, before fees+0.125%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.080% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.029%). If the spread goes back, that is −$8 on $10k: about 2.2 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MU	1,046.4	0	get 0.0000% / 8h	4h 03m	$2.7M	$2.7M	—
Short	Coinbase International MU-PERP-INTX	1,045.2	0.0120	get 0.0015% / 1h	3m 43s	$758K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee Coinbase InternationalbpOrdersPrice spread, now −0.110%Rate

Funding earned: $25.2
Price spread: −0.110% → −0.029%: −$8.05
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $7.15
Costs to cover: 0.100%
Break-even: 5.0 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Coinbase International: live order book, 4 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, 5 min ago	1.91 bp	doesn't fit	7.1 bp −$71	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	3.59 bp	8.6 bp −$9	11.0 bp −$110	52.8 bp −$5,279	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	−0.0407%	4h	1,047.8	+0.138%	$1.3M	$673K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,046	−0.034%	$21.5M	$27.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,046.3	−0.005%	$125.7M	$529.3M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,047	+0.064%	$31.0M	$103.2M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,044.4	−0.187%	$287K	$334K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.6	−0.076%	$63.4M	$28.3M	75x	as long as short
Variational Omni MUlong	0.0000%	8h	1,046.4	long leg	$2.7M	$2.7M	—
StandX MU-USD	0.0000%	1h	1,045.7	−0.067%	$189K	$3.2M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,047.4	+0.102%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.3	−0.102%	$125K	$441K	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MU_USDT_Perp	+0.0010%	8h	1,046.7	+0.032%	$82K	$1.3M	10x	as long as short
Bybit MUUSDT	+0.0015%	8h	1,046.2	−0.012%	$19.0M	$31.7M	100x	as long as short
Bitget MUUSDT	+0.0024%	8h	1,046.9	+0.054%	$20.6M	$42.3M	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.9	−0.043%	$1.1M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.416%	$14K	$302	12x	as long as short
Arcus MU-USD	+0.0041%	1h	1,044	−0.230%	$63K	$236K	10x	as long as short
QFEX MU-USD	+0.0045%	1h	1,044.5	−0.181%	$7.8M	$23.7M	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,045	−0.133%	—	$190K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,044	−0.226%	$165K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.9	−0.047%	$686K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,044.1	−0.216%	$1.9M	$2.6M	10x	as long as short
Paradex MU-USD-PERP	+0.0057%	8h	1,045	−0.132%	$2K	—	5x	as long as short
Lighter MU	+0.0080%	1h	1,046.3	−0.003%	$972K	$4.8M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,044.7	−0.161%	$33K	—	10x	as long as short
Bullet MU-USD	+0.0084%	1h	1,045	−0.130%	$25K	$397K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,044.5	−0.178%	$153K	$181K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.9	−0.048%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,046.3	−0.008%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044.9	−0.139%	$831	$799	20x	as long as short
tradeXYZ xyz:MU	+0.0102%	1h	1,046.8	+0.042%	$178.8M	$99.4M	10x	as long as short
Coinbase International MU-PERP-INTXshort	+0.0120%	1h	1,045.2	−0.110%	$758K	$1.8M	10x
BloFin MU-USDT	+0.0120%	8h	1,046.2	−0.019%	$1.5M	$2.0M	20x	as long as short
Extended MU_24_5-USD	+0.0128%	1h	1,045.5	−0.079%	$526K	$1.0M	10x	as long as short
Nado MU-PERP	+0.0132%	1h	1,043	−0.323%	$333K	$809K	10x	as long as short
Aftermath Perps MUUSD	+0.0171%	1h	1,046.2	−0.012%	$3K	$44K	10x	as long as short
Phoenix MU	+0.0305%	1h	1,046.7	+0.033%	$535K	$219K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0372%	1h	1,045.7	−0.061%	$54K	$154K	10x	as long as short