MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.3% APRnext payment −$1.04 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against Variational Omni−0.006%7-day average −0.035% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.062%+$6 · spread now −0.006%, 7d avg −0.035%

Together, before fees+0.062%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.029% dearer against Variational Omni than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.035%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MU	1,049.1	0.0204	pay 0.0204% / 8h	6h 35m	$2.7M	$2.4M	—
Short	KuCoin MUUSDTM	1,049	0.0100	get 0.0100% / 8h	6h 35m	$5.3M	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee KuCoinbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$21.76
Price spread: −0.006% → −0.035%: $2.89
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$30.87
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; KuCoin: live order book, 7 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, 4 min ago	1.91 bp	doesn't fit	5.1 bp −$51	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	2.67 bp	14.1 bp −$14	33.6 bp −$336	doesn't fit	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	−0.0949%	4h	1,048.4	−0.062%	$1.3M	$671K	10x	as long as short
Nado MU-PERP	−0.0006%	1h	1,049	−0.009%	$274K	$858K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,049.2	+0.014%	$19.2M	$32.6M	100x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.9	−0.016%	$62.1M	$27.6M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,048.8	−0.033%	$190K	$3.4M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,049.2	+0.012%	$26K	$395K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,050.2	+0.106%	$11K	$6.0M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049	−0.011%	$66K	$329K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.1	−0.002%	$129K	$430K	50x	as long as short
Aftermath Perps MUUSD	+0.0021%	1h	1,048.6	−0.048%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0032%	1h	1,048.9	−0.015%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.2	+0.005%	$1.1M	$4.2M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,048.6	−0.045%	$567K	$1.2M	10x	as long as short
QFEX MU-USD	+0.0040%	1h	1,049	−0.014%	$7.5M	$20.0M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,048.8	−0.026%	$71K	$237K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,049.8	+0.069%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,049	−0.009%	$178.1M	$99.9M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,048.9	−0.018%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,048.9	−0.018%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.4	−0.066%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0067%	8h	1,049.3	+0.020%	$2K	—	5x	as long as short
OKX MU-USDT-SWAP	+0.0069%	8h	1,049	−0.007%	$30.8M	$100.7M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,048.9	−0.019%	$148K	$186K	10x	as long as short
KuCoin MUUSDTMshort	+0.0100%	8h	1,049	−0.006%	$5.3M	$3.5M	20x
ApeX Omni MUUSDT	+0.0100%	1h	1,048.9	−0.021%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,049	−0.011%	$834	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.216%	$19K	$5K	12x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,048.1	−0.097%	$759K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,048.9	−0.019%	$32K	$1K	10x	as long as short
GRVT MU_USDT_Perp	+0.0158%	8h	1,049	−0.012%	$81K	$1.3M	10x	as long as short
Aster MUUSD1	+0.0200%	8h	1,049.2	+0.010%	$21.6M	$50.1M	20x	as long as short
Variational Omni MUlong	+0.0204%	8h	1,049.1	long leg	$2.7M	$2.4M	—
Binance MUUSDT	+0.0218%	8h	1,049.1	0.000%	$126.8M	$524.9M	50x	as long as short
Bitget MUUSDT	+0.0274%	8h	1,049.3	+0.021%	$20.3M	$41.9M	50x	as long as short
Phoenix MU	+0.0304%	1h	1,049.2	+0.010%	$537K	$273K	15x	as long as short
BloFin MU-USDT	+0.0368%	8h	1,049.8	+0.068%	$1.5M	$2.0M	20x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,049.2	+0.007%	$333K	$348K	20x	as long as short