Funding you earn now, next payment 16:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.70 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against Variational Omni−0.045%7-day average +0.007% · 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)−0.003%$0 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.045%, 7d avg +0.007%
=Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of +0.007%). If the spread goes back, that is −$5 on $10k: about 2.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,035.3 | 0 | get 0.0000% / 8h | 4h 30m | $2.6M | $2.4M | — |
| Short | Bybit MUUSDT | 1,034.8 | 0.0070 | get 0.0070% / 8h | 4h 30m | $18.7M | $31.6M | 100x |
Variational Omni MU
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $14.7
- Price spread: −0.045% → +0.007%
- −$5.19
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1.49
- Costs to cover
- 0.110%
- Break-even
- 7.7 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 6 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 Variational Omni RFQ quote, 2 min ago | 1.93 bp | doesn't fit | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.14 bp | 8.1 bp −$8 | 11.9 bp −$119 | 25.1 bp −$2,508 | doesn't fit |
MU on 37 exchanges
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 | −0.0114% | 4h | 1,036.4 | +0.112% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.6 | +0.034% | $21.1M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,034.8 | −0.042% | $121.9M | $555.7M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,034.7 | −0.056% | $29.9M | $106.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,034.7 | −0.052% | $61.0M | $27.7M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,034.7 | −0.059% | $19.8M | $43.8M | 50x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,035.3 | long leg | $2.6M | $2.4M | — | |
| StandX MU-USD | 0.0000% | 1h | 1,036.2 | +0.092% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.5 | +0.214% | $11K | $4.9M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.3 | +0.007% | $119K | $469K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,034.3 | −0.089% | $1.1M | $4.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.555% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0038% | 1h | 1,035.3 | +0.006% | $3K | $41K | 10x | as long as short |
| RISEx MU/USDC | +0.0045% | 1h | 1,034.8 | −0.043% | $296K | $331K | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036 | +0.071% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.3 | +0.004% | $169K | $173K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.4 | +0.010% | $681K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,034.5 | −0.077% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,034.4 | −0.085% | $6.9M | $19.4M | 10x | as long as short |
| Bybit MUUSDTshort | +0.0070% | 8h | 1,034.8 | −0.045% | $18.7M | $31.6M | 100x | |
| Paradex MU-USD-PERP | +0.0072% | 8h | 1,034.5 | −0.073% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035 | −0.025% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,034.7 | −0.054% | $151K | $211K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,034.6 | −0.068% | $5.2M | $6.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.2 | +0.093% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.5 | +0.024% | $823 | $799 | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0108% | 1h | 1,035.1 | −0.020% | $31K | $748K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0117% | 8h | 1,036.8 | +0.152% | $84K | $1.5M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.057% | $1.5M | $2.7M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0136% | 1h | 1,036 | +0.067% | $726K | $1.2M | 10x | as long as short |
| Nado MU-PERP | +0.0142% | 1h | 1,034.7 | −0.050% | $274K | $834K | 10x | as long as short |
| Lighter MU | +0.0152% | 1h | 1,034.6 | −0.068% | $1.0M | $5.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0160% | 1h | 1,034 | −0.117% | $549K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0161% | 1h | 1,034.2 | −0.102% | $176.1M | $72.5M | 10x | as long as short |
| Arcus MU-USD | +0.0186% | 1h | 1,034.1 | −0.116% | $89K | $160K | 10x | as long as short |
| Bullet MU-USD | +0.0249% | 1h | 1,035.6 | +0.029% | $25K | $384K | 10x | as long as short |
| Phoenix MU | +0.0461% | 1h | 1,036.1 | +0.081% | $530K | $159K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
RISEx MU/USDC
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Deribit MU_USDC-PERPETUAL
GRVT MU_USDT_Perp
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Nado MU-PERP
Lighter MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Arcus MU-USD
Bullet MU-USD
Phoenix MU