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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,052.1 | 0.0080 | pay 0.0010% / 1h | 38m 08s | $758K | $1.2M | 10x |
| Short | Variational Omni MU | 1,052.5 | 0.0036 | get 0.0036% / 8h | 4h 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, just now | 2.47 bp | 8.8 bp −$9 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 1.90 bp | doesn't fit | 4.5 bp −$45 | doesn't fit | 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 | −0.0746% | 4h | 1,052.4 | +0.024% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.1 | −0.001% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.016% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | −0.009% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.041% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.7 | −0.040% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.173% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.014% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0005% | 8h | 1,052.1 | −0.006% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052.3 | +0.012% | $3K | $45K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0020% | 8h | 1,052.5 | +0.030% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.1 | −0.007% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.054% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.073% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052 | −0.012% | $7.2M | $18.0M | 10x | as long as short |
| Bullet MU-USD | +0.0035% | 1h | 1,052.2 | +0.007% | $25K | $398K | 10x | as long as short |
| Variational Omni MUshort | +0.0036% | 8h | 1,052.5 | +0.033% | $2.7M | $2.4M | — | |
| Lighter MU | +0.0040% | 1h | 1,052.1 | −0.007% | $1.1M | $5.1M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.013% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0041% | 1h | 1,051.7 | −0.038% | $282K | $843K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.111% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | −0.022% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.003% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.6 | −0.055% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.2 | +0.008% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0070% | 8h | 1,052.2 | +0.005% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,051.9 | −0.022% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0080% | 1h | 1,052.1 | long leg | $758K | $1.2M | 10x | |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | −0.033% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.6 | −0.047% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.8 | −0.029% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,053 | +0.086% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.2 | +0.002% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,052.2 | +0.002% | $20.6M | $41.1M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0121% | 1h | 1,052 | −0.017% | $69K | $418K | 10x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | +0.011% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.045% | $538K | $271K | 15x | as long as short |
Coinbase International MU-PERP-INTX
Variational Omni MU
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Phoenix MU