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

MU

RWAall MU markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0462%/8h= +50.6% APRpaid last 24h +0.034%
Price spread now: Extended against Variational Omni−0.076%7-day average −0.048% · you buy dearer than you sell
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 3 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.135%−$14 · spread now −0.076%, 7d avg −0.048%
Together, before fees−0.133%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.027% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.048%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$14 a day). At the pace of the last 3 days (+0.003% in total) that is about 34 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.003% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni MU1,046.10.0202pay 0.0202% / 8h38m 29s$2.6M$2.5M
ShortExtended MU_24_5-USD1,045.30.0664get 0.0083% / 1h38m 29s$542K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$97.1
Price spread: −0.076% → −0.048%
−$2.71
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$89.38
Costs to cover
0.050%
Break-even
0.6 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Extended: live order book, 5 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 Variational Omni RFQ quote, 1 min ago1.91 bpdoesn't fit6.2 bp −$62doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago0.05 bp2.7 bp −$38.5 bp −$85doesn'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−0.0600%4h1,046−0.004%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,045.8−0.028%$63.0M$29.0M75xas long as short
StandX MU-USD0.0000%1h1,045.5−0.055%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,048+0.184%$11K$6.5M10xas long as short
HTX MU-USDT0.0000%8h1,045.8−0.031%$124K$444K50xas long as short
Lighter RH MU+0.0032%1h1,045.7−0.039%$1.2M$4.2M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.443%$14K$30212xas long as short
Aftermath Perps MUUSD+0.0034%1h1,045.7−0.040%$3K$45K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,046.1−0.001%$194K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,045.5−0.055%$166K$197K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX MU-USD+0.0050%1h1,045.9−0.021%$686K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.9−0.112%$2.0M$2.7M10xas long as short
QFEX MU-USD+0.0080%1h1,045.8−0.028%$7.9M$23.9M10xas long as short
OKX MU-USDT-SWAP+0.0082%8h1,045.7−0.037%$30.8M$105.2M50xas long as short
Pacifica MU+0.0100%1h1,045.9−0.015%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,045.6−0.048%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.6−0.045%$71K$266K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,046−0.007%$832$79920xas long as short
Bitget MUUSDT+0.0135%8h1,045.7−0.035%$20.5M$43.6M50xas long as short
Aevo MU-PERP+0.0136%1h1,045.9−0.018%$33K10xas long as short
Paradex MU-USD-PERP+0.0143%8h1,045.7−0.035%$2K5xas long as short
Lighter MU+0.0144%1h1,045.7−0.041%$999K$4.8M20xas long as short
Aster MUUSD1+0.0174%8h1,046.3+0.024%$21.6M$47.3M20xas long as short
Variational Omni MUlong+0.0202%8h1,046.1long leg$2.6M$2.5M
Bullet MU-USD+0.0208%1h1,046−0.007%$24K$395K10xas long as short
Binance MUUSDT+0.0213%8h1,045.8−0.030%$124.9M$532.9M50xas long as short
Coinbase International MU-PERP-INTX+0.0224%1h1,045.5−0.058%$757K$1.3M10xas long as short
Nado MU-PERP+0.0226%1h1,045.4−0.069%$270K$877K10xas long as short
GRVT MU_USDT_Perp+0.0255%8h1,046.3+0.024%$82K$1.4M10xas long as short
tradeXYZ xyz:MU+0.0275%1h1,045.8−0.026%$176.7M$105.0M10xas long as short
Bybit MUUSDT+0.0284%8h1,045.8−0.028%$19.2M$32.6M100xas long as short
Deribit MU_USDC-PERPETUAL+0.0286%1h1,045.9−0.016%$62K$261K10xas long as short
BloFin MU-USDT+0.0333%8h1,046.1+0.006%$1.5M$2.0M20xas long as short
Phoenix MU+0.0460%1h1,046.4+0.031%$535K$306K15xas long as short
Arcus MU-USD+0.0462%1h1,045.6−0.047%$74K$240K10xas long as short
RISEx MU/USDC+0.0525%1h1,046.2+0.008%$316K$339K20xas long as short
Extended MU_24_5-USDshort+0.0664%1h1,045.3−0.076%$542K$1.1M10x