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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0015%/8h= −1.7% APRnext payment $0.15 per $10,000 · paid last 24h −0.006%
Price spread now: Variational Omni against Binance+0.022%7-day average −0.010% · you sell dearer than you buy
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)−0.009%−$1 on $10k
Price spread, last 2 days (all we have)−0.065%−$7 · spread now +0.022%, 7d avg −0.010%
Together, before fees−0.074%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.033% dearer against Binance than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MUUSDT1,049.70.0192pay 0.0192% / 8h7h 50m$125.8M$524.5M50x
ShortVariational Omni MU1,049.90.0177get 0.0177% / 8h7h 50m$2.7M$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$3.17
Price spread: +0.022% → −0.010%
$3.26
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.91
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: RFQ quote, 3 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 Binance live order book, 8 min ago0.05 bp5.4 bp −$57.5 bp −$7519.5 bp −$1,952doesn't fit
Sell Variational Omni RFQ quote, 3 min ago1.91 bpdoesn't fit3.9 bp −$39doesn'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−0.0156%4h1,048.4−0.126%$1.3M$672K10xas long as short
Gate MU_USDT0.0000%8h1,049.6−0.008%$63.2M$28.4M75xas long as short
StandX MU-USD0.0000%1h1,047.9−0.173%$189K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,051.6+0.180%$11K$6.3M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,049.9+0.020%$62K$293K10xas long as short
HTX MU-USDT0.0000%8h1,049.6−0.007%$130K$418K50xas long as short
Aftermath Perps MUUSD+0.0021%1h1,047.2−0.240%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,049.5−0.020%$1.1M$4.7M20xas long as short
Lighter RH MU+0.0032%1h1,049.5−0.015%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.097%$14K$25112xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,050.1+0.043%$195K25xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,049.1−0.055%$1.9M$2.3M10xas long as short
QFEX MU-USD+0.0054%1h1,049.6−0.005%$7.8M$23.3M10xas long as short
Nado MU-PERP+0.0066%1h1,049.2−0.044%$271K$859K10xas long as short
OKX MU-USDT-SWAP+0.0090%8h1,049.8+0.013%$31.0M$101.6M50xas long as short
Pacifica MU+0.0100%1h1,049.3−0.037%$154K$180K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,049.2−0.050%$5.3M$3.7M20xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,049.70.000%$835$79920xas long as short
Paradex MU-USD-PERP+0.0104%8h1,049.6−0.011%$2K5xas long as short
Bybit MUUSDT+0.0111%8h1,049.9+0.021%$19.3M$32.5M100xas long as short
Aevo MU-PERP+0.0128%1h1,049.5−0.019%$32K$1K10xas long as short
Variational Omni MUshort+0.0177%8h1,049.9+0.022%$2.7M$2.4M
Coinbase International MU-PERP-INTX+0.0184%1h1,048.4−0.128%$759K$1.3M10xas long as short
Aster MUUSD1+0.0185%8h1,049.2−0.047%$21.6M$47.8M20xas long as short
Bitget MUUSDT+0.0191%8h1,049.6−0.006%$20.6M$41.4M50xas long as short
Binance MUUSDTlong+0.0192%8h1,049.7long leg$125.8M$524.5M50x
Arcus MU-USD+0.0240%1h1,048.4−0.122%$71K$243K10xas long as short
SoDEX MU-USD+0.0282%1h1,049.6−0.007%$689K$16K10xas long as short
BloFin MU-USDT+0.0311%8h1,049.6−0.012%$1.5M$2.1M20xas long as short
RISEx MU/USDC+0.0312%1h1,049.8+0.012%$316K$339K20xas long as short
Phoenix MU+0.0383%1h1,048.9−0.075%$536K$306K15xas long as short
Polymarket Perps MU-USD+0.0431%1h1,049.6−0.008%$170K$202K10xas long as short
GRVT MU_USDT_Perp+0.0533%8h1,048.8−0.088%$83K$1.4M10xas long as short
Extended MU_24_5-USD+0.0576%1h1,049.3−0.041%$548K$1.1M10xas long as short
tradeXYZ xyz:MU+0.0666%1h1,049.3−0.037%$178.4M$101.0M10xas long as short
Bullet MU-USD+0.0670%1h1,050+0.033%$26K$394K10xas long as short
ApeX Omni MUUSDT+0.0705%1h1,047.7−0.186%$71K$267K50xas long as short