Funding you earn now, next payment 00:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.046%
Price spread now: Paradex against Variational Omni−0.034%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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Paradex is 0.034% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 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 | 1,045.8 | 0.0178 | pay 0.0178% / 8h | 14m 23s | $2.7M | $2.5M | — |
| Short | Paradex MU-USD-PERP | 1,045.4 | 0.0105 | get 0.0105% / 8h | 14m 23s | $2K | — | 5x |
Variational Omni MU
Paradex MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$15.4
- Price spread: −0.034% → 0.000%
- −$3.43
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$22.83
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Paradex: 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 | 1.91 bp | doesn't fit | 4.0 bp −$40 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.0252% | 4h | 1,045.9 | +0.010% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.2 | −0.052% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.4 | −0.034% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.9 | +0.108% | $11K | $6.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,044.9 | −0.079% | $62K | $283K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.5 | −0.027% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,045.3 | −0.041% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.3 | −0.042% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.473% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.7 | −0.002% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | −0.073% | $169K | $193K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.2 | −0.059% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.5 | −0.120% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0069% | 8h | 1,045.2 | −0.058% | $30.8M | $104.5M | 50x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,045.1 | −0.061% | $1.0M | $5.0M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.3 | −0.047% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.4 | −0.036% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.3 | −0.046% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046 | +0.021% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.3 | −0.042% | $831 | $799 | 20x | as long as short |
| Bullet MU-USD | +0.0101% | 1h | 1,045.2 | −0.049% | $25K | $395K | 10x | as long as short |
| Paradex MU-USD-PERPshort | +0.0105% | 8h | 1,045.4 | −0.034% | $2K | — | 5x | |
| Bitget MUUSDT | +0.0115% | 8h | 1,045.2 | −0.055% | $20.4M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.1 | −0.062% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0151% | 1h | 1,044.9 | −0.086% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0165% | 8h | 1,046.2 | +0.042% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MUlong | +0.0178% | 8h | 1,045.8 | long leg | $2.7M | $2.5M | — | |
| tradeXYZ xyz:MU | +0.0180% | 1h | 1,045.2 | −0.054% | $176.6M | $104.6M | 10x | as long as short |
| Binance MUUSDT | +0.0188% | 8h | 1,045.3 | −0.046% | $124.3M | $531.7M | 50x | as long as short |
| GRVT MU_USDT_Perp | +0.0218% | 8h | 1,045.9 | +0.011% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.081% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0260% | 8h | 1,045.4 | −0.032% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0308% | 8h | 1,045.7 | −0.005% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0328% | 1h | 1,044.8 | −0.091% | $545K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,046 | +0.023% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.4 | −0.034% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,045.7 | −0.003% | $316K | $339K | 20x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bullet MU-USD
Bitget MUUSDT
Aevo MU-PERP
Nado MU-PERP
Aster MUUSD1
tradeXYZ xyz:MU
Binance MUUSDT
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC