Spread before costs (cost unknown: a leg has no order-book sample)−0.258%
7d average—if it closes, per $10,000$26funding while held, a day−$0.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MU-USD-PERP | 1,043 | 0.0061 | pay 0.0061% / 8h | 32m 01s | $2K | — | 5x |
| Short | Variational Omni MU | 1,040.3 | 0.0031 | get 0.0031% / 8h | 32m 01s | $2.7M | $2.7M | — |
Paradex MU-USD-PERP
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
- −$25.77
- Funding while held
- −$0.9
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.68
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0030%
- Per $10,000 a day
- −$0.90
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 4 min ago | 1.88 bp | doesn't fit | 4.4 bp −$44 | doesn't fit | doesn't fit |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MU price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni1,039.8cheapestedgeX1,039.9+0.014%StandX1,040.1+0.028%
ApeX Omni
StandXVariational Omni1,040.3+0.054%
Aftermath Perps1,040.7+0.085%Phoenix1,040.8+0.099%Ondo Perps1,042.1+0.225%Pacifica1,042.3+0.242%Extended1,042.5+0.264%BloFin1,042.6+0.267%Arcus1,042.6+0.271%Aevo1,042.7+0.281%Vest1,042.8+0.290%QFEX1,042.8+0.293%Deribit1,042.9+0.296%Nado1,043+0.310%Polymarket Perps1,043+0.311%Bullet1,043+0.311%
Phoenix
Ondo Perps
Pacifica
Extended
BloFin
Arcus
Aevo
Vest
QFEX
Deribit
Nado
Polymarket Perps
BulletParadex1,043+0.313%
RISEx1,043.1+0.325%Coinbase International1,043.2+0.331%KuCoin1,043.2+0.334%Orderly1,043.2+0.334%Gate1,043.4+0.346%tradeXYZ1,043.4+0.349%Aster1,043.5+0.355%SoDEX1,043.5+0.357%HTX1,043.6+0.368%Bitget1,043.6+0.369%Lighter1,043.6+0.372%Lighter RH1,043.6+0.372%OKX1,043.7+0.377%Binance1,043.8+0.390%Bybit1,043.9+0.399%SunX1,044.8+0.479%Injective1,050.7+1.052%
RISEx
Coinbase International
KuCoin
Orderly
Gate
tradeXYZ
Aster
SoDEX
HTX
Bitget
Lighter
Lighter RH
OKX
Binance
Bybit
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni MUUSDT | −0.312% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| edgeX MUUSDC | −0.298% | +0.0251% | 4h | $1.3M | $670K | 10x | as long as short |
| StandX MU-USD | −0.284% | 0.0000% | 1h | $188K | $1.7M | 20x | as long as short |
| Variational Omni MUshort | −0.258% | +0.0031% | 8h | $2.7M | $2.7M | — | |
| Aftermath Perps MUUSD | −0.227% | +0.0221% | 1h | $3K | $43K | 10x | as long as short |
| Phoenix MU | −0.213% | +0.0154% | 1h | $528K | $190K | 15x | as long as short |
| Ondo Perps MU-USD.P | −0.088% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| Pacifica MU | −0.070% | +0.0100% | 1h | $157K | $99K | 10x | as long as short |
| Extended MU_24_5-USD | −0.049% | +0.0032% | 1h | $522K | $985K | 10x | as long as short |
| BloFin MU-USDT | −0.045% | +0.0175% | 8h | $1.5M | $1.4M | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus MU-USD | −0.042% | +0.0040% | 1h | $73K | $182K | 10x | as long as short |
| Aevo MU-PERP | −0.032% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Vest MU-USD-PERP | −0.022% | +0.0046% | 1h | — | $158K | 25x | as long as short |
| QFEX MU-USD | −0.020% | +0.0045% | 1h | $7.9M | $22.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.017% | 0.0000% | 1h | $55K | $86K | 10x | as long as short |
| Nado MU-PERP | −0.003% | +0.0145% | 1h | $286K | $727K | 10x | as long as short |
| Polymarket Perps MU-USD | −0.002% | +0.0050% | 1h | $166K | $159K | 10x | as long as short |
| Bullet MU-USD | −0.002% | +0.0064% | 1h | $25K | $398K | 10x | as long as short |
| Paradex MU-USD-PERPlong | 0.000% | +0.0061% | 8h | $2K | — | 5x | |
| RISEx MU/USDC | +0.012% | +0.0173% | 1h | $301K | $318K | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.018% | +0.0184% | 1h | $802K | $1.7M | 10x | as long as short |
| KuCoin MUUSDTM | +0.021% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.021% | +0.0100% | 8h | $829 | $799 | 20x | as long as short |
| Gate MU_USDT | +0.033% | 0.0000% | 8h | $66.0M | $24.0M | 75x | as long as short |
| tradeXYZ xyz:MU | +0.036% | +0.0050% | 1h | $177.4M | $93.5M | 10x | as long as short |
| Aster MUUSD1 | +0.042% | 0.0000% | 8h | $21.4M | $9.6M | 20x | as long as short |
| SoDEX MU-USD | +0.044% | +0.0050% | 1h | $689K | $11K | 10x | as long as short |
| HTX MU-USDT | +0.055% | 0.0000% | 8h | $129K | $438K | 50x | as long as short |
| Bitget MUUSDT | +0.056% | +0.0109% | 8h | $20.4M | $36.2M | 50x | as long as short |
| Lighter MU | +0.059% | +0.0032% | 1h | $984K | $4.4M | 20x | as long as short |
| Lighter RH MU | +0.059% | +0.0032% | 1h | $1.1M | $4.1M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.064% | 0.0000% | 8h | $30.9M | $89.4M | 50x | as long as short |
| Binance MUUSDT | +0.077% | +0.0054% | 8h | $130.8M | $436.0M | 50x | as long as short |
| Bybit MUUSDT | +0.086% | 0.0000% | 8h | $18.4M | $28.2M | 100x | as long as short |
| SunX MU-USDT | +0.165% | 0.0000% | 8h | $11K | $6.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.737% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |