Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.027%
Price spread now: Ondo Perps against Deribit−0.125%7-day average −0.086% · 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)−0.032%−$3 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.125%, 7d avg −0.086%
=Together, before fees+0.056%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.039% cheaper against Deribit than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.086%). If the spread goes back, that is −$4 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,036 | 0 | get 0.0000% / 1h | 30m 57s | $73K | $512K | 10x |
| Short | Ondo Perps MU-USD.P | 1,034.7 | 0.0050 | get 0.0006% / 1h | 30m 57s | $1.9M | $2.4M | 10x |
Deribit MU_USDC-PERPETUAL
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- $10.58
- Price spread: −0.125% → −0.086%
- −$3.94
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.35
- Costs to cover
- 0.120%
- Break-even
- 10.5 days
Slippage unknown: Deribit: live order book, 18 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 Deribit live order book, 18 min ago | 3.65 bp | 16.7 bp −$17 | 20.6 bp −$206 | 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 | −0.0955% | 4h | 1,035.8 | −0.024% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037 | +0.089% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.6 | +0.059% | $121.2M | $530.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.7 | +0.065% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.7 | +0.068% | $30.0M | $100.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036 | −0.005% | $334K | $370K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.1 | +0.009% | $61.4M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,037 | +0.091% | $20.4M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036 | −0.002% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,035.3 | −0.067% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
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 | 1,035.5 | −0.049% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.3 | +0.124% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALlong | 0.0000% | 1h | 1,036 | long leg | $73K | $512K | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,036.2 | +0.016% | $127K | $447K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,036.9 | +0.082% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0023% | 1h | 1,035.1 | −0.090% | $277K | $819K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,035.6 | −0.042% | $7.0M | $18.0M | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,035.9 | −0.013% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.4 | +0.034% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.2 | +0.013% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.480% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.4 | +0.038% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.6 | −0.041% | — | $174K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036 | −0.003% | $175.9M | $92.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.4 | −0.061% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.7 | −0.032% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,034.7 | −0.125% | $1.9M | $2.4M | 10x | |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035.5 | −0.050% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.5 | −0.051% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.4 | −0.063% | $146K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.3 | +0.025% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,035.3 | −0.075% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.7 | −0.035% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,036.6 | +0.051% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.9 | +0.086% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.9 | −0.016% | $731K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.1 | +0.103% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU