Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.009%
Price spread now: Variational Omni against edgeX−0.003%104s7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.228%−$23 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.003%, 7d avg +0.029%
=Together, before fees−0.194%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.032% cheaper against edgeX than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.029%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.228%, so the current rate has only just turned in your favour. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MUUSDC | 1,041.4 | −0.0061 | get 0.0031% / 4h | 2h 03m | $1.3M | $672K | 10x |
| Short | Variational Omni MU | 1,041.3 | 0 | get 0.0000% / 8h | 2h 03m | $2.5M | $2.6M | — |
edgeX MUUSDC
Variational Omni MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- $12.9
- Price spread: −0.003% → +0.029%
- −$3.24
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.66
- Costs to cover
- 0.090%
- Break-even
- 6.6 days
Slippage unknown: edgeX: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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 edgeX live order book, 5 min ago | 0.38 bp | 5.0 bp −$5 | 6.7 bp −$67 | 27.1 bp −$2,714 | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 1.92 bp | doesn't fit | 5.5 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0090% | 8h | 1,040.6 | −0.070% | $20.3M | $41.2M | 50x | as long as short |
| edgeX MUUSDClong | −0.0061% | 4h | 1,041.4 | long leg | $1.3M | $672K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.9 | −0.046% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.6 | −0.071% | $122.1M | $536.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,040.7 | −0.067% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.6 | −0.070% | $30.0M | $101.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,040.7 | −0.068% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.2 | −0.110% | $61.6M | $28.6M | 75x | as long as short |
| Variational Omni MUshort | 0.0000% | 8h | 1,041.3 | −0.003% | $2.5M | $2.6M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,041.6 | +0.018% | $84K | $1.4M | 10x | as long as short |
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,041.3 | −0.011% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042 | +0.055% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.5 | −0.085% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0016% | 1h | 1,040.6 | −0.072% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0021% | 1h | 1,040 | −0.127% | $277K | $816K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,040.3 | −0.107% | $7.0M | $18.3M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.6 | −0.073% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,039.8 | −0.154% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.959% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0037% | 1h | 1,040.7 | −0.064% | $26K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,040.3 | −0.106% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.9 | −0.045% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,040.1 | −0.122% | $176.9M | $90.8M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.3 | −0.103% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.2 | −0.110% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.7 | −0.165% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,040.6 | −0.077% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.2 | −0.117% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.4 | −0.094% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.2 | −0.113% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.8 | +0.045% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.5 | −0.084% | $827 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,040.4 | −0.091% | $1.1M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.7 | −0.063% | $1.4M | $2.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.519% | $731K | $1.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0154% | 1h | 1,040.1 | −0.120% | $74K | $535K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041.2 | −0.017% | $533K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU