Funding you earn now, next payment 04:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.026%
Price spread now: tradeXYZ against Variational Omni−0.012%7-day average −0.067% · 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)+0.007%+$1 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.012%, 7d avg −0.067%
=Together, before fees−0.009%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.055% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,052.2 | 0.0032 | pay 0.0032% / 8h | 4h 34m | $2.7M | $2.4M | — |
| Short | tradeXYZ xyz:MU | 1,052.1 | 0.0079 | get 0.0010% / 1h | 34m 58s | $178.9M | $99.0M | 10x |
Variational Omni MU
tradeXYZ xyz:MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $9.9
- Price spread: −0.012% → −0.067%
- $5.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$2.6
- Costs to cover
- 0.180%
- Break-even
- 8.8 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; tradeXYZ: live order book, 5 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 | 1.90 bp | doesn't fit | 4.2 bp −$42 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.47 bp | 9.5 bp −$9 | 10.3 bp −$103 | 15.3 bp −$1,528 | 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 | −0.0619% | 4h | 1,052.1 | −0.017% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.4 | +0.011% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.026% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | +0.005% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | +0.009% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.6 | −0.057% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.187% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.4 | +0.011% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0004% | 8h | 1,052.1 | −0.009% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052.3 | +0.005% | $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 | +0.0025% | 8h | 1,052.7 | +0.046% | $19.1M | $32.3M | 100x | as long as short |
| Variational Omni MUlong | +0.0032% | 8h | 1,052.2 | long leg | $2.7M | $2.4M | — | |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | −0.002% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.7 | −0.055% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.083% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.009% | $7.2M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.022% | $71K | $234K | 10x | as long as short |
| Bullet MU-USD | +0.0041% | 1h | 1,052.4 | +0.012% | $25K | $398K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.096% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,051.9 | −0.030% | $282K | $842K | 10x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,052.2 | +0.001% | $1.1M | $5.1M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.1 | −0.012% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.3 | +0.008% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.076% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.4 | +0.016% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0054% | 1h | 1,052 | −0.026% | $69K | $420K | 10x | as long as short |
| Binance MUUSDT | +0.0067% | 8h | 1,052.4 | +0.015% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MUshort | +0.0079% | 1h | 1,052.1 | −0.012% | $178.9M | $99.0M | 10x | |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.010% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.9 | −0.029% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.4 | +0.015% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | −0.022% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.3 | +0.008% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | +0.003% | $837 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0113% | 8h | 1,052.5 | +0.022% | $20.5M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0187% | 8h | 1,052.5 | +0.025% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.3 | +0.007% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Bullet MU-USD
Vest MU-USD-PERP
Nado MU-PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Binance MUUSDT
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU