Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.009%
Price spread now: Ondo Perps against Binance−0.112%7-day average −0.105% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 2 days (all we have)+0.005%$0 · spread now −0.112%, 7d avg −0.105%
=Together, before fees−0.085%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,042.9 | 0.0111 | pay 0.0111% / 8h | 2h 03m | $124.7M | $540.4M | 50x |
| Short | Ondo Perps MU-USD.P | 1,041.7 | 0.0050 | get 0.0006% / 1h | 3m 19s | $2.0M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- −$12.64
- Price spread: −0.112% → −0.105%
- −$0.7
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$28.34
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 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 Binance live order book, 11 min ago | 0.05 bp | 5.9 bp −$6 | 7.3 bp −$73 | 21.9 bp −$2,187 | 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 | −0.0192% | 4h | 1,042.7 | −0.017% | $1.3M | $673K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.6 | −0.024% | $30.7M | $104.3M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.6 | −0.023% | $62.9M | $29.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | −0.024% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.4 | +0.145% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.6 | −0.031% | $125K | $442K | 50x | as long as short |
| Aster MUUSD1 | +0.0004% | 8h | 1,043.1 | +0.022% | $21.5M | $46.4M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,042.6 | −0.023% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.6 | −0.030% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.751% | $14K | $302 | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.5 | −0.037% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.5 | −0.036% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.7 | −0.022% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,041.7 | −0.112% | $2.0M | $2.6M | 10x | |
| QFEX MU-USD | +0.0057% | 1h | 1,042.9 | −0.003% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0074% | 8h | 1,042.7 | −0.022% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0087% | 8h | 1,042.7 | −0.017% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042 | −0.085% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.6 | −0.029% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.8 | −0.009% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.8 | −0.012% | $829 | $799 | 20x | as long as short |
| Binance MUUSDTlong | +0.0111% | 8h | 1,042.9 | long leg | $124.7M | $540.4M | 50x | |
| Paradex MU-USD-PERP | +0.0112% | 8h | 1,042.7 | −0.014% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,042.5 | −0.038% | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0143% | 1h | 1,042.6 | −0.028% | $60K | $234K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | +0.090% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0178% | 8h | 1,042.9 | +0.001% | $82K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0184% | 1h | 1,042.5 | −0.036% | $998K | $4.8M | 20x | as long as short |
| Nado MU-PERP | +0.0189% | 1h | 1,042.5 | −0.039% | $307K | $845K | 10x | as long as short |
| Bybit MUUSDT | +0.0190% | 8h | 1,042.9 | −0.003% | $19.1M | $32.5M | 100x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,043 | +0.011% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0209% | 1h | 1,042.5 | −0.036% | $176.2M | $107.3M | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.6 | −0.028% | $63K | $230K | 10x | as long as short |
| Bullet MU-USD | +0.0228% | 1h | 1,042.7 | −0.013% | $25K | $400K | 10x | as long as short |
| BloFin MU-USDT | +0.0230% | 8h | 1,042.7 | −0.016% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043 | +0.012% | $533K | $303K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0664% | 1h | 1,041.9 | −0.094% | $540K | $1.1M | 10x | as long as short |
Binance MUUSDT
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Lighter MU
Bybit MUUSDT
RISEx MU/USDC
tradeXYZ xyz:MU
Bullet MU-USD
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD