Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0070%/8h= −7.6% APRpaid last 24h −0.050%
Price spread now: Ondo Perps against BloFin+0.005%7-day average −0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.321%−$32 on $10k
Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.005%, 7d avg −0.120%
Together, before fees−0.383%+ Points / potential airdropOndo Perps: Active · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.125% dearer against BloFin than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.120%): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.321% in total) that is about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MU-USDT1,043.10.0120pay 0.0120% / 8h2h 48m$1.5M$2.0M20x
ShortOndo Perps MU-USD.P1,043.10.0050get 0.0006% / 1h48m 33s$1.9M$2.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against BloFin. 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

Funding earned
−$14.62
Price spread: +0.005% → −0.120%
$12.45
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$19.16
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 4 min ago0.43 bp6.4 bp −$67.0 bp −$709.4 bp −$945doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0859%4h1,043−0.006%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.3+0.017%$21.2M$57.2M20xas long as short
Binance MUUSDT0.0000%8h1,042.9−0.023%$122.9M$525.5M50xas long as short
Bybit MUUSDT0.0000%8h1,043.3+0.017%$18.6M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.3+0.017%$30.4M$100.0M50xas long as short
RISEx MU/USDC0.0000%1h1,043.3+0.025%$337K$354K20xas long as short
Gate MU_USDT0.0000%8h1,042.9−0.014%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.1+0.004%$20.4M$41.1M50xas long as short
Variational Omni MU0.0000%8h1,043.4+0.031%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,043.6+0.050%$83K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,043.6+0.053%$189K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,044.8+0.168%$11K$5.7M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043−0.008%$73K$502K10xas long as short
HTX MU-USDT0.0000%8h1,042.7−0.036%$128K$440K50xas long as short
Nado MU-PERP+0.0006%1h1,043−0.009%$281K$821K10xas long as short
Bullet MU-USD+0.0015%1h1,043.4+0.026%$26K$392K10xas long as short
Aftermath Perps MUUSD+0.0019%1h1,042.9−0.022%$3K$44K10xas long as short
QFEX MU-USD+0.0023%1h1,043−0.008%$7.0M$18.0M10xas long as short
Lighter RH MU+0.0032%1h1,043.1+0.002%$1.2M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,042.6−0.050%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.793%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,042.8−0.025%$70K$232K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,043.8+0.068%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,042.8−0.028%$177.2M$93.5M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043−0.009%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043−0.008%$684K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,043.1+0.005%$1.9M$2.3M10x
Paradex MU-USD-PERP+0.0051%8h1,043.1+0.006%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,042.7−0.042%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,042.9−0.022%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.7−0.041%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,043.3+0.017%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.1+0.004%$829$79920xas long as short
Lighter MU+0.0120%1h1,043.4+0.025%$1.1M$4.9M20xas long as short
BloFin MU-USDTlong+0.0120%8h1,043.1long leg$1.5M$2.0M20x
Coinbase International MU-PERP-INTX+0.0144%1h1,043.3+0.022%$745K$1.2M10xas long as short
Phoenix MU+0.0231%1h1,043−0.009%$534K$270K15xas long as short