MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.023%

Price spread now: Ondo Perps against Arcus−0.097%7-day average −0.067% · you buy dearer than you sell

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

Long on Arcus Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.097%, 7d avg −0.067%

Together, before fees−0.035%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.030% cheaper against Arcus than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.067%). If the spread goes back, that is −$3 on $10k: about 9.7 days of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,045.5	0.0040	pay 0.0005% / 1h	24m 45s	$71K	$233K	10x
Short	Ondo Perps MU-USD.P	1,044.5	0.0050	get 0.0006% / 1h	24m 45s	$1.9M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ArcusbpFee Ondo PerpsbpOrdersPrice spread, now −0.097%Rate

Funding earned: $2.13
Price spread: −0.097% → −0.067%: −$2.96
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$10.33
Costs to cover: 0.095%
Break-even: 41.0 days

Slippage unknown: Arcus: live order book, 28 min ago; Ondo Perps: no order-book sample. 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 Arcus live order book, 28 min ago	2.38 bp	9.6 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0396%	4h	1,046.6	+0.099%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,045.7	+0.018%	$21.3M	$56.5M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,045.2	−0.036%	$124.4M	$521.5M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,045.3	−0.019%	$18.7M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,045	−0.055%	$31.0M	$99.3M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.6	+0.002%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.1	−0.047%	$62.1M	$27.8M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,045.2	−0.037%	$20.5M	$41.5M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.4	−0.009%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,046.9	+0.126%	$79K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,045.6	+0.007%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.9	+0.030%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.1	−0.043%	$73K	$475K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.1	−0.045%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,045.7	+0.017%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.2	−0.030%	$7.0M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,045.1	−0.041%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,045	−0.048%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,044.7	−0.077%	$549K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.557%	$19K	$5K	12x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,045.5	long leg	$71K	$233K	10x
Nado MU-PERP	+0.0041%	1h	1,045.1	−0.044%	$281K	$828K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.1	+0.051%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0048%	1h	1,045.4	−0.012%	$25K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,044.8	−0.071%	$176.8M	$95.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.1	−0.042%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.3	−0.028%	$686K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,045.1	−0.041%	$2K	—	5x	as long as short
Ondo Perps MU-USD.Pshort	+0.0050%	1h	1,044.5	−0.097%	$1.9M	$2.2M	10x
Aevo MU-PERP	+0.0080%	1h	1,044.9	−0.061%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.1	−0.037%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.2	−0.033%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.8	+0.026%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.5	−0.003%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,045.6	+0.001%	$752K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,045.5	−0.008%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,045.9	+0.034%	$535K	$271K	15x	as long as short