MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.024%

Price spread now: Variational Omni against HTX+0.043%7-day average −0.006% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.044%+$4 on $10k

Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.043%, 7d avg −0.006%

Together, before fees−0.022%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.049% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.006%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.044% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.00 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MU-USDT	1,045.8	0	get 0.0000% / 8h	44m 57s	$124K	$446K	50x
Short	Variational Omni MU	1,046.3	0.0200	get 0.0200% / 8h	44m 57s	$2.6M	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Variational OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $41.91
Price spread: +0.043% → −0.006%: $4.93
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $34.84
Costs to cover: 0.120%
Break-even: 1.2 days

Slippage unknown: HTX: live order book, 33 min ago; Variational Omni: RFQ quote, 4 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 HTX live order book, 33 min ago	3.69 bp	9.7 bp −$10	14.5 bp −$145	19.6 bp −$1,963	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	1.91 bp	doesn't fit	5.1 bp −$51	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	−0.0477%	4h	1,045.5	−0.036%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.8	−0.004%	$63.0M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.1	−0.071%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.4	+0.244%	$11K	$6.6M	10x	as long as short
HTX MU-USDTlong	0.0000%	8h	1,045.8	long leg	$124K	$446K	50x
Lighter RH MU	+0.0032%	1h	1,045.8	−0.006%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.466%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0035%	1h	1,045.2	−0.066%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.2	+0.033%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.9	+0.006%	$166K	$197K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.3	−0.052%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0080%	1h	1,046.2	+0.034%	$7.9M	$23.9M	10x	as long as short
OKX MU-USDT-SWAP	+0.0080%	8h	1,045.9	+0.001%	$30.8M	$105.2M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,046.3	+0.044%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.3	−0.050%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.6	−0.023%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	−0.006%	$831	$799	20x	as long as short
SoDEX MU-USD	+0.0124%	1h	1,045.9	+0.001%	$686K	$16K	10x	as long as short
Bitget MUUSDT	+0.0136%	8h	1,045.8	−0.001%	$20.5M	$43.6M	50x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,045.9	+0.007%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0156%	8h	1,046.2	+0.034%	$2K	—	5x	as long as short
Aster MUUSD1	+0.0167%	8h	1,046.6	+0.070%	$21.6M	$47.3M	20x	as long as short
Lighter MU	+0.0184%	1h	1,045.8	−0.006%	$1.0M	$4.8M	20x	as long as short
Variational Omni MUshort	+0.0200%	8h	1,046.3	+0.043%	$2.6M	$2.5M	—
Binance MUUSDT	+0.0213%	8h	1,046	+0.014%	$124.9M	$533.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,045.5	−0.034%	$757K	$1.4M	10x	as long as short
Bullet MU-USD	+0.0247%	1h	1,046.2	+0.034%	$24K	$396K	10x	as long as short
GRVT MU_USDT_Perp	+0.0253%	8h	1,045.7	−0.010%	$77K	$1.4M	10x	as long as short
Nado MU-PERP	+0.0256%	1h	1,045.4	−0.041%	$270K	$876K	10x	as long as short
Bybit MUUSDT	+0.0285%	8h	1,046.1	+0.029%	$19.2M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0302%	1h	1,045.8	−0.004%	$176.7M	$105.6M	10x	as long as short
BloFin MU-USDT	+0.0332%	8h	1,046	+0.018%	$1.4M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0353%	1h	1,046	+0.011%	$62K	$259K	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046.6	+0.073%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.8	−0.002%	$74K	$240K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,046.6	+0.072%	$317K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0712%	1h	1,045.1	−0.075%	$540K	$1.1M	10x	as long as short