Spread before costs (cost unknown: a leg has no order-book sample)+0.094%
7d average+0.040%if it closes, per $10,000$9funding while held, a day−$1.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX MU-USD | 1,039.2 | 0.0034 | pay 0.0004% / 1h | 47m 44s | $7.8M | $22.7M | 10x |
| Short | Variational Omni MU | 1,040.2 | 0 | get 0.0000% / 8h | 6h 47m | $2.7M | $2.6M | — |
QFEX MU-USD
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
- $9.45
- Funding while held
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1.58
- Spread needed to break even
- 0.100%
Slippage unknown: QFEX: live order book, 8 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0034%
- Per $10,000 a day
- −$1.03
- 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 QFEX live order book, 8 min ago | 1.06 bp | 6.1 bp −$6 | 6.7 bp −$67 | 9.1 bp −$905 | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 1.92 bp | doesn't fit | 5.5 bp −$55 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Aevo1,038.4cheapestOndo Perps1,038.5+0.004%Deribit1,038.6+0.017%Polymarket Perps1,038.7+0.027%SoDEX1,038.8+0.032%Bullet1,038.8+0.037%HTX1,038.8+0.037%Nado1,038.8+0.038%Extended1,038.8+0.040%Arcus1,038.9+0.046%Orderly1,038.9+0.046%Gate1,038.9+0.049%OKX1,039+0.052%KuCoin1,039+0.055%Lighter RH1,039.1+0.067%Pacifica1,039.2+0.070%
Aevo
Ondo Perps
Deribit
Polymarket Perps
SoDEX
Bullet
HTX
Nado
Extended
Arcus
Orderly
Gate
OKX
KuCoin
Lighter RH
PacificaQFEX1,039.2+0.073%
Bitget1,039.2+0.073%Paradex1,039.2+0.074%Vest1,039.2+0.074%tradeXYZ1,039.2+0.075%Binance1,039.2+0.075%StandX1,039.2+0.079%Lighter1,039.3+0.081%BloFin1,039.3+0.081%Bybit1,039.4+0.090%Aster1,039.4+0.090%RISEx1,039.4+0.097%ApeX Omni1,039.6+0.117%Aftermath Perps1,039.8+0.130%SunX1,040.1+0.159%
Bitget
Paradex
Vest
tradeXYZ
Binance
StandX
Lighter
BloFin
Bybit
Aster
RISEx
ApeX Omni
SunXVariational Omni1,040.2+0.168%
edgeX1,041+0.247%Coinbase International1,041.2+0.264%Phoenix1,041.4+0.287%Injective1,050.7+1.184%
Coinbase International
Phoenix
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo MU-PERP | −0.073% | +0.0088% | 1h | $33K | — | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.069% | +0.0050% | 1h | $1.9M | $2.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.056% | 0.0000% | 1h | $54K | $108K | 10x | as long as short |
| Polymarket Perps MU-USD | −0.046% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| SoDEX MU-USD | −0.041% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| Bullet MU-USD | −0.037% | 0.0000% | 1h | $26K | $401K | 10x | as long as short |
| HTX MU-USDT | −0.037% | 0.0000% | 8h | $126K | $444K | 50x | as long as short |
| Nado MU-PERP | −0.035% | +0.0093% | 1h | $332K | $778K | 10x | as long as short |
| Extended MU_24_5-USD | −0.034% | +0.0032% | 1h | $527K | $997K | 10x | as long as short |
| Arcus MU-USD | −0.027% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MU_USDC_mythos | −0.027% | +0.0100% | 8h | $826 | $799 | 20x | as long as short |
| Gate MU_USDT | −0.024% | 0.0000% | 8h | $64.6M | $25.8M | 75x | as long as short |
| OKX MU-USDT-SWAP | −0.021% | 0.0000% | 8h | $30.8M | $95.6M | 50x | as long as short |
| KuCoin MUUSDTM | −0.018% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Lighter RH MU | −0.007% | +0.0032% | 1h | $1.0M | $4.3M | 10x | as long as short |
| Pacifica MU | −0.003% | +0.0100% | 1h | $146K | $153K | 10x | as long as short |
| QFEX MU-USDlong | 0.000% | +0.0034% | 1h | $7.8M | $22.7M | 10x | |
| Bitget MUUSDT | 0.000% | +0.0062% | 8h | $20.0M | $39.1M | 50x | as long as short |
| Paradex MU-USD-PERP | 0.000% | +0.0052% | 8h | $2K | — | 5x | as long as short |
| Vest MU-USD-PERP | +0.001% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.002% | +0.0050% | 1h | $177.6M | $95.7M | 10x | as long as short |
| Binance MUUSDT | +0.002% | +0.0012% | 8h | $127.4M | $485.0M | 50x | as long as short |
| StandX MU-USD | +0.006% | 0.0000% | 1h | $188K | $2.5M | 20x | as long as short |
| Lighter MU | +0.008% | +0.0032% | 1h | $983K | $4.6M | 20x | as long as short |
| BloFin MU-USDT | +0.008% | +0.0061% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Bybit MUUSDT | +0.016% | 0.0000% | 8h | $18.0M | $29.3M | 100x | as long as short |
| Aster MUUSD1 | +0.017% | 0.0000% | 8h | $21.4M | $22.0M | 20x | as long as short |
| RISEx MU/USDC | +0.024% | +0.0044% | 1h | $284K | $329K | 20x | as long as short |
| ApeX Omni MUUSDT | +0.043% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.057% | +0.0189% | 1h | $3K | $44K | 10x | as long as short |
| SunX MU-USDT | +0.086% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Variational Omni MUshort | +0.094% | 0.0000% | 8h | $2.7M | $2.6M | — | |
| edgeX MUUSDC | +0.174% | +0.0112% | 4h | $1.3M | $670K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.191% | +0.0136% | 1h | $780K | $1.7M | 10x | as long as short |
| Phoenix MU | +0.214% | +0.0230% | 1h | $528K | $192K | 15x | as long as short |
| Injective MU/USDC PERP | +1.110% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |