Spread before costs (cost unknown: a leg has no order-book sample)−0.065%
7d average−0.002%if it closes, per $10,000$6funding while held, a day−$3.41
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,043.5 | 0.0145 | pay 0.0018% / 1h | 34m 28s | $285K | $317K | 20x |
| Short | Variational Omni MU | 1,042.8 | 0.0031 | get 0.0031% / 8h | 7h 34m | $2.7M | $2.6M | — |
RISEx MU/USDC
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
- −$6.49
- Funding while held
- −$3.41
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$15.9
- Spread needed to break even
- 0.060%
Slippage unknown: RISEx: live order book, 10 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0114%
- Per $10,000 a day
- −$3.41
- 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 RISEx live order book, 10 min ago | 1.15 bp | 4.2 bp −$4 | 5.7 bp −$57 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 1.87 bp | doesn't fit | 4.1 bp −$41 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International1,040.2cheapestedgeX1,041.3+0.109%Ondo Perps1,041.7+0.147%Aftermath Perps1,041.8+0.159%ApeX Omni1,042+0.176%HTX1,042+0.176%Nado1,042+0.179%StandX1,042.3+0.208%Aevo1,042.5+0.219%SoDEX1,042.6+0.228%Deribit1,042.6+0.229%BloFin1,042.6+0.231%Pacifica1,042.6+0.236%Extended1,042.7+0.246%
Coinbase International
Ondo Perps
ApeX Omni
HTX
Nado
StandX
Aevo
SoDEX
Deribit
BloFin
Pacifica
ExtendedVariational Omni1,042.8+0.251%
Orderly1,042.8+0.253%Lighter RH1,042.9+0.262%Gate1,042.9+0.263%Lighter1,042.9+0.265%KuCoin1,043+0.270%Phoenix1,043+0.271%Paradex1,043.1+0.282%Arcus1,043.2+0.286%tradeXYZ1,043.2+0.290%Polymarket Perps1,043.2+0.290%Bitget1,043.2+0.293%QFEX1,043.3+0.297%OKX1,043.3+0.302%
Orderly
Lighter RH
Gate
Lighter
KuCoin
Phoenix
Paradex
Arcus
tradeXYZ
Polymarket Perps
Bitget
QFEX
OKXRISEx1,043.5+0.316%
Bullet1,043.5+0.319%Bybit1,043.5+0.322%Binance1,043.6+0.328%Vest1,043.7+0.337%Aster1,043.7+0.341%SunX1,043.9+0.354%Injective1,050.7+1.012%
Bullet
Bybit
Binance
Vest
Aster
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.315% | +0.0168% | 1h | $780K | $1.7M | 10x | as long as short |
| edgeX MUUSDC | −0.206% | +0.0788% | 4h | $1.3M | $670K | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.168% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| Aftermath Perps MUUSD | −0.156% | +0.0210% | 1h | $3K | $43K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.139% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| HTX MU-USDT | −0.139% | 0.0000% | 8h | $129K | $437K | 50x | as long as short |
| Nado MU-PERP | −0.136% | +0.0109% | 1h | $334K | $772K | 10x | as long as short |
| StandX MU-USD | −0.108% | 0.0000% | 1h | $188K | $2.1M | 20x | as long as short |
| Aevo MU-PERP | −0.097% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| SoDEX MU-USD | −0.088% | +0.0050% | 1h | $684K | $16K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit MU_USDC-PERPETUAL | −0.087% | +0.0038% | 1h | $55K | $96K | 10x | as long as short |
| BloFin MU-USDT | −0.085% | +0.0172% | 8h | $1.5M | $1.6M | 20x | as long as short |
| Pacifica MU | −0.080% | +0.0100% | 1h | $148K | $110K | 10x | as long as short |
| Extended MU_24_5-USD | −0.070% | +0.0032% | 1h | $521K | $989K | 10x | as long as short |
| Variational Omni MUshort | −0.065% | +0.0031% | 8h | $2.7M | $2.6M | — | |
| Orderly PERP_MU_USDC_mythos | −0.063% | +0.0100% | 8h | $829 | $799 | 20x | as long as short |
| Lighter RH MU | −0.053% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Gate MU_USDT | −0.052% | 0.0000% | 8h | $65.2M | $25.0M | 75x | as long as short |
| Lighter MU | −0.050% | +0.0032% | 1h | $1.0M | $4.6M | 20x | as long as short |
| KuCoin MUUSDTM | −0.046% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
| Phoenix MU | −0.045% | +0.0232% | 1h | $529K | $192K | 15x | as long as short |
| Paradex MU-USD-PERP | −0.033% | +0.0055% | 8h | $2K | — | 5x | as long as short |
| Arcus MU-USD | −0.030% | +0.0073% | 1h | $57K | $216K | 10x | as long as short |
| tradeXYZ xyz:MU | −0.025% | +0.0061% | 1h | $178.3M | $95.2M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.025% | +0.0050% | 1h | $165K | $158K | 10x | as long as short |
| Bitget MUUSDT | −0.023% | +0.0095% | 8h | $20.1M | $38.3M | 50x | as long as short |
| QFEX MU-USD | −0.019% | +0.0037% | 1h | $7.9M | $22.6M | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.014% | 0.0000% | 8h | $30.8M | $94.0M | 50x | as long as short |
| RISEx MU/USDClong | 0.000% | +0.0145% | 1h | $285K | $317K | 20x | |
| Bullet MU-USD | +0.003% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| Bybit MUUSDT | +0.006% | +0.0028% | 8h | $18.2M | $28.9M | 100x | as long as short |
| Binance MUUSDT | +0.012% | +0.0052% | 8h | $128.5M | $471.7M | 50x | as long as short |
| Vest MU-USD-PERP | +0.022% | +0.0046% | 1h | — | $172K | 25x | as long as short |
| Aster MUUSD1 | +0.025% | 0.0000% | 8h | $21.5M | $14.8M | 20x | as long as short |
| SunX MU-USDT | +0.038% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.694% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |