Funding you earn now, next payment 00:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.055%
Price spread now: Ondo Perps against Coinbase International+0.038%7-day average −0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 3 days (all we have)−0.062%−$6 · spread now +0.038%, 7d avg −0.074%
=Together, before fees−0.346%+ Points / potential airdropOndo Perps: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.112% dearer against Coinbase International than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.074%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MU-PERP-INTX | 1,048.4 | 0.0184 | pay 0.0023% / 1h | 30m 01s | $759K | $1.2M | 10x |
| Short | Ondo Perps MU-USD.P | 1,048.8 | 0.0050 | get 0.0006% / 1h | 30m 01s | $1.9M | $2.3M | 10x |
Coinbase International MU-PERP-INTX
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Coinbase International. 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
- −$28.06
- Price spread: +0.038% → −0.074%
- $11.19
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$31.86
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 2.77 bp | 8.0 bp −$8 | 12.6 bp −$126 | 54.0 bp −$5,397 | 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 | −0.0111% | 4h | 1,049.2 | +0.084% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.1 | +0.167% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,048.9 | +0.049% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,051.6 | +0.304% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050 | +0.153% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,049.4 | +0.096% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,050 | +0.154% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,049.9 | +0.149% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.286% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.3 | +0.182% | — | $179K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.7 | +0.128% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,048.8 | +0.038% | $1.9M | $2.3M | 10x | |
| QFEX MU-USD | +0.0054% | 1h | 1,049.7 | +0.126% | $7.8M | $22.6M | 10x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,049.2 | +0.084% | $275K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0090% | 8h | 1,049.8 | +0.133% | $2K | — | 5x | as long as short |
| SoDEX MU-USD | +0.0092% | 1h | 1,050 | +0.155% | $689K | $16K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0098% | 8h | 1,050.4 | +0.196% | $30.9M | $102.0M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,049.9 | +0.151% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049.5 | +0.104% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,048.8 | +0.045% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050 | +0.152% | $835 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,049.7 | +0.129% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0180% | 8h | 1,050.5 | +0.207% | $19.4M | $32.7M | 100x | as long as short |
| Coinbase International MU-PERP-INTXlong | +0.0184% | 1h | 1,048.4 | long leg | $759K | $1.2M | 10x | |
| Deribit MU_USDC-PERPETUAL | +0.0198% | 1h | 1,049.9 | +0.144% | $64K | $303K | 10x | as long as short |
| Variational Omni MU | +0.0211% | 8h | 1,049.7 | +0.126% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0219% | 8h | 1,049.4 | +0.101% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0224% | 8h | 1,050.4 | +0.195% | $126.0M | $524.2M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,049.2 | +0.080% | $71K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0241% | 1h | 1,050.1 | +0.166% | $26K | $395K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0279% | 1h | 1,050 | +0.156% | $178.1M | $101.2M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,049.9 | +0.146% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0331% | 8h | 1,050.2 | +0.176% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0342% | 8h | 1,049.6 | +0.122% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.3 | −0.006% | $536K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0416% | 1h | 1,049.5 | +0.113% | $566K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0570% | 8h | 1,048.5 | +0.014% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
QFEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
SoDEX MU-USD
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Bybit MUUSDT
Deribit MU_USDC-PERPETUAL
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp