Funding you earn now, next payment 09:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against Bullet−0.074%7-day average −0.116% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.103%−$10 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.074%, 7d avg −0.116%
=Together, before fees−0.060%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.042% dearer against Bullet than usual: you sell high and buy low (spread −0.074% now, against its 7-day average of −0.116%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 4 days (−0.103% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet MU-USD | 1,030.7 | 0.0093 | pay 0.0012% / 1h | 43m 08s | $25K | $389K | 10x |
| Short | Ondo Perps MU-USD.P | 1,029.9 | 0.0050 | get 0.0006% / 1h | 43m 08s | $1.9M | $2.9M | 10x |
Bullet MU-USD
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bullet. 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
- −$8.85
- Price spread: −0.074% → −0.116%
- $4.23
- Slippage, 4 orders
- no order book: not counted
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$17.62
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Bullet: live order book, 56 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 Bullet live order book, 56 min ago | 0.48 bp | 6.3 bp −$6 | 20.2 bp −$202 | 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 | −0.0734% | 4h | 1,030.8 | +0.013% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0082% | 8h | 1,030.8 | +0.007% | $19.9M | $40.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,031 | +0.029% | $21.1M | $68.7M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,030.3 | −0.036% | $121.4M | $543.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,030.5 | −0.017% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,030.4 | −0.030% | $29.6M | $100.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,030.7 | 0.000% | $310K | $380K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,030.4 | −0.033% | $61.9M | $27.8M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,030.2 | −0.045% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,031.3 | +0.061% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,031.4 | +0.072% | $187K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,031.6 | +0.085% | $11K | $5.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,030.6 | −0.015% | $73K | $626K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,030.4 | −0.027% | $119K | $492K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,030.7 | +0.005% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,030.8 | +0.008% | $6.9M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,030.5 | −0.022% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,030.1 | −0.061% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.004% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,030 | −0.065% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,030.4 | −0.026% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,030 | −0.068% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,030.5 | −0.020% | $676K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,029.9 | −0.074% | $1.9M | $2.9M | 10x | |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,030.8 | +0.011% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,030.6 | −0.007% | $990K | $4.9M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0065% | 1h | 1,030.3 | −0.039% | $174.3M | $80.5M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,030.2 | −0.049% | $32K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0085% | 1h | 1,030.1 | −0.062% | $272K | $806K | 10x | as long as short |
| Bullet MU-USDlong | +0.0093% | 1h | 1,030.7 | long leg | $25K | $389K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.1 | −0.056% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,030.5 | −0.023% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,030.5 | −0.023% | $5.1M | $4.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,032 | +0.127% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,030.6 | −0.014% | $819 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,030.8 | +0.008% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,031.9 | +0.116% | $528K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Aevo MU-PERP
Nado MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU