Spread before costs (cost unknown: a leg has no order-book sample)+0.123%
7d average—if it closes, per $10,000$12funding while held, a day+$0.01
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,040.7 | 0 | get 0.0000% / 1h | 51m 38s | $54K | $108K | 10x |
| Short | Variational Omni MU | 1,042 | 0.0000 | get 0.0000% / 8h | 6h 51m | $2.7M | $2.6M | — |
Deribit MU_USDC-PERPETUAL
Variational Omni MUPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $12.32
- Funding while held
- $0.01
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $5.33
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: live order book, 19 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.01
- Average in range /8h
- —
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 Deribit live order book, 19 min ago | 6.58 bp | 12.8 bp −$13 | 16.1 bp −$161 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 1.92 bp | doesn't fit | 5.8 bp −$58 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Nado1,039.7cheapestExtended1,039.8+0.004%Pacifica1,039.8+0.008%OKX1,039.9+0.017%KuCoin1,040+0.022%Gate1,040+0.026%Lighter RH1,040+0.028%Bitget1,040+0.028%Arcus1,040.1+0.030%Binance1,040.1+0.032%Lighter1,040.1+0.038%QFEX1,040.2+0.044%tradeXYZ1,040.2+0.045%Bybit1,040.2+0.047%Paradex1,040.2+0.049%Aster1,040.3+0.054%RISEx1,040.4+0.061%SoDEX1,040.5+0.069%HTX1,040.6+0.078%ApeX Omni1,040.6+0.084%Aevo1,040.7+0.091%Polymarket Perps1,040.7+0.093%Aftermath Perps1,040.7+0.094%
Nado
Extended
Pacifica
OKX
KuCoin
Gate
Lighter RH
Bitget
Arcus
Binance
Lighter
QFEX
tradeXYZ
Bybit
Paradex
Aster
RISEx
SoDEX
HTX
ApeX Omni
Aevo
Polymarket PerpsDeribit1,040.7+0.097%
Orderly1,040.8+0.099%StandX1,041+0.117%Bullet1,041+0.118%edgeX1,041+0.121%BloFin1,041+0.125%Coinbase International1,041.2+0.137%Ondo Perps1,041.2+0.139%Vest1,041.2+0.141%Phoenix1,041.3+0.151%SunX1,042+0.220%
Orderly
StandX
Bullet
BloFin
Coinbase International
Ondo Perps
Vest
Phoenix
SunXVariational Omni1,042+0.220%
Injective1,050.7+1.056%
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado MU-PERP | −0.097% | +0.0114% | 1h | $333K | $777K | 10x | as long as short |
| Extended MU_24_5-USD | −0.093% | +0.0032% | 1h | $527K | $997K | 10x | as long as short |
| Pacifica MU | −0.089% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.080% | 0.0000% | 8h | $30.9M | $95.1M | 50x | as long as short |
| KuCoin MUUSDTM | −0.075% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Gate MU_USDT | −0.071% | 0.0000% | 8h | $64.7M | $25.7M | 75x | as long as short |
| Lighter RH MU | −0.068% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Bitget MUUSDT | −0.068% | +0.0066% | 8h | $20.0M | $39.0M | 50x | as long as short |
| Arcus MU-USD | −0.066% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| Binance MUUSDT | −0.064% | +0.0018% | 8h | $127.5M | $483.6M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter MU | −0.059% | +0.0032% | 1h | $989K | $4.6M | 20x | as long as short |
| QFEX MU-USD | −0.053% | +0.0034% | 1h | $7.8M | $22.7M | 10x | as long as short |
| tradeXYZ xyz:MU | −0.052% | +0.0050% | 1h | $177.8M | $95.7M | 10x | as long as short |
| Bybit MUUSDT | −0.050% | 0.0000% | 8h | $18.0M | $29.3M | 100x | as long as short |
| Paradex MU-USD-PERP | −0.048% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| Aster MUUSD1 | −0.042% | 0.0000% | 8h | $21.4M | $21.5M | 20x | as long as short |
| RISEx MU/USDC | −0.036% | +0.0044% | 1h | $284K | $329K | 20x | as long as short |
| SoDEX MU-USD | −0.028% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| HTX MU-USDT | −0.018% | 0.0000% | 8h | $126K | $444K | 50x | as long as short |
| ApeX Omni MUUSDT | −0.012% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Aevo MU-PERP | −0.005% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| Polymarket Perps MU-USD | −0.004% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Aftermath Perps MUUSD | −0.003% | +0.0188% | 1h | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $54K | $108K | 10x | |
| Orderly PERP_MU_USDC_mythos | +0.002% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| StandX MU-USD | +0.020% | 0.0000% | 1h | $188K | $2.5M | 20x | as long as short |
| Bullet MU-USD | +0.021% | 0.0000% | 1h | $26K | $401K | 10x | as long as short |
| edgeX MUUSDC | +0.024% | +0.0112% | 4h | $1.3M | $670K | 10x | as long as short |
| BloFin MU-USDT | +0.028% | +0.0082% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.040% | +0.0136% | 1h | $780K | $1.7M | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.042% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| Vest MU-USD-PERP | +0.044% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Phoenix MU | +0.054% | +0.0230% | 1h | $528K | $192K | 15x | as long as short |
| SunX MU-USDT | +0.123% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Variational Omni MUshort | +0.123% | 0.0000% | 8h | $2.7M | $2.6M | — | |
| Injective MU/USDC PERP | +0.958% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |