Funding you earn now, next payment 03:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.036%
Price spread now: Coinbase International against Variational Omni−0.033%7-day average −0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.058%+$6 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now −0.033%, 7d avg −0.029%
=Together, before fees+0.025%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,052.5 | 0.0036 | pay 0.0036% / 8h | 4h 39m | $2.7M | $2.4M | — |
| Short | Coinbase International MU-PERP-INTX | 1,052.1 | 0.0080 | get 0.0010% / 1h | 39m 07s | $758K | $1.2M | 10x |
Variational Omni MU
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $9.16
- Price spread: −0.033% → −0.029%
- −$0.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1.23
- Costs to cover
- 0.100%
- Break-even
- 7.9 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Coinbase International: live order book, 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 Variational Omni RFQ quote, 5 min ago | 1.90 bp | doesn't fit | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.90 bp | 7.0 bp −$7 | 7.0 bp −$70 | 64.1 bp −$6,407 | 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 | −0.0746% | 4h | 1,052.4 | −0.010% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.2 | −0.029% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.1 | −0.036% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | −0.042% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.008% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | −0.047% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.144% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.020% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0005% | 8h | 1,052 | −0.041% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052.3 | −0.017% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0019% | 8h | 1,052.6 | +0.007% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052 | −0.042% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.086% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.106% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,052.3 | −0.017% | $25K | $398K | 10x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.038% | $7.2M | $18.0M | 10x | as long as short |
| Variational Omni MUlong | +0.0036% | 8h | 1,052.5 | long leg | $2.7M | $2.4M | — | |
| Nado MU-PERP | +0.0040% | 1h | 1,051.8 | −0.068% | $282K | $843K | 10x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,052.1 | −0.034% | $1.1M | $5.1M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.042% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.085% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052 | −0.046% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.037% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.3 | −0.109% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.2 | −0.029% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0070% | 8h | 1,052.1 | −0.034% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052 | −0.046% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0080% | 1h | 1,052.1 | −0.033% | $758K | $1.2M | 10x | |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | −0.064% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.9 | −0.054% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | −0.055% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,053 | +0.053% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | −0.057% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0120% | 8h | 1,052.2 | −0.026% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | −0.022% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0197% | 1h | 1,051.9 | −0.051% | $69K | $417K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.011% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
QFEX MU-USD
Nado MU-PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU