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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.036%
Price spread now: Variational Omni against Coinbase International+0.033%7-day average +0.029% · 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)−0.058%−$6 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now +0.033%, 7d avg +0.029%
Together, before fees−0.025%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MU-PERP-INTX1,052.10.0080pay 0.0010% / 1h38m 08s$758K$1.2M10x
ShortVariational Omni MU1,052.50.0036get 0.0036% / 8h4h 38m$2.7M$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. 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
−$9.16
Price spread: +0.033% → +0.029%
$0.39
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$18.76
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, just now; Variational Omni: RFQ quote, 1 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 Coinbase International live order book, just now2.47 bp8.8 bp −$913.0 bp −$130doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago1.90 bpdoesn't fit4.5 bp −$45doesn'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−0.0746%4h1,052.4+0.024%$1.3M$671K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.1−0.001%$31.2M$99.8M50xas long as short
RISEx MU/USDC0.0000%1h1,052.3+0.016%$333K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052−0.009%$62.3M$27.4M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.6+0.041%$82K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.7−0.040%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,054+0.173%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.3+0.014%$131K$436K50xas long as short
Aster MUUSD1+0.0005%8h1,052.1−0.006%$21.4M$55.0M20xas long as short
Aftermath Perps MUUSD+0.0018%1h1,052.3+0.012%$3K$45K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUUSDT+0.0020%8h1,052.5+0.030%$19.1M$32.3M100xas long as short
Lighter RH MU+0.0032%1h1,052.1−0.007%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,051.6−0.054%$564K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.073%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052−0.012%$7.2M$18.0M10xas long as short
Bullet MU-USD+0.0035%1h1,052.2+0.007%$25K$398K10xas long as short
Variational Omni MUshort+0.0036%8h1,052.5+0.033%$2.7M$2.4M
Lighter MU+0.0040%1h1,052.1−0.007%$1.1M$5.1M20xas long as short
Arcus MU-USD+0.0040%1h1,052−0.013%$71K$234K10xas long as short
Nado MU-PERP+0.0041%1h1,051.7−0.038%$282K$843K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.3+0.111%$176K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,051.9−0.022%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.1−0.003%$690K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.6−0.055%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,052.2+0.008%$2K5xas long as short
Binance MUUSDT+0.0070%8h1,052.2+0.005%$126.8M$517.1M50xas long as short
tradeXYZ xyz:MU+0.0075%1h1,051.9−0.022%$178.8M$99.0M10xas long as short
Coinbase International MU-PERP-INTXlong+0.0080%1h1,052.1long leg$758K$1.2M10x
Aevo MU-PERP+0.0096%1h1,051.8−0.033%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,051.6−0.047%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,051.8−0.029%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,053+0.086%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.2+0.002%$836$79920xas long as short
Bitget MUUSDT+0.0118%8h1,052.2+0.002%$20.6M$41.1M50xas long as short
Deribit MU_USDC-PERPETUAL+0.0121%1h1,052−0.017%$69K$418K10xas long as short
BloFin MU-USDT+0.0190%8h1,052.3+0.011%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.6+0.045%$538K$271K15xas long as short