Funding you earn now, next payment 10:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h −0.029%
Price spread now: Ondo Perps against Extended+0.008%7-day average −0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days−0.211%−$21 · spread now +0.008%, 7d avg −0.027%
=Together, before fees−0.316%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.036% dearer against Extended than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.027%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.104% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,033.1 | 0.0264 | pay 0.0033% / 1h | 17m 34s | $549K | $1.1M | 10x |
| Short | Ondo Perps MU-USD.P | 1,033.1 | 0.0050 | get 0.0006% / 1h | 17m 34s | $1.9M | $3.2M | 10x |
Extended MU_24_5-USD
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Extended. 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
- −$44.86
- Price spread: +0.008% → −0.027%
- $3.56
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$51.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Extended: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 4 min ago | 0.14 bp | 3.3 bp −$3 | 17.9 bp −$179 | 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 exchanges
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 | −0.0255% | 4h | 1,033 | −0.002% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.9 | +0.086% | $21.1M | $72.3M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,033.5 | +0.041% | $120.5M | $550.1M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.5 | +0.039% | $29.4M | $106.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,033.5 | +0.045% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.8 | +0.070% | $19.7M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | +0.006% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,033.5 | +0.040% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,035.2 | +0.212% | $11K | $5.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,033.3 | +0.027% | $44K | $698K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,033.8 | +0.067% | $119K | $486K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,033.7 | +0.064% | $1.1M | $4.5M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.2 | +0.019% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.772% | $19K | $5K | 12x | as long as short |
| Bybit MUUSDT | +0.0041% | 8h | 1,033.9 | +0.084% | $18.8M | $32.5M | 100x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.1 | +0.098% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,033.5 | +0.043% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.5 | +0.045% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,033.1 | +0.008% | $1.9M | $3.2M | 10x | |
| QFEX MU-USD | +0.0059% | 1h | 1,033.6 | +0.055% | $7.0M | $19.0M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,033.9 | +0.078% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,033.4 | +0.032% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,033.7 | +0.064% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,033.2 | +0.015% | $5.2M | $5.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | +0.048% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.4 | +0.029% | $822 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,033.7 | +0.065% | $295K | $350K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0115% | 8h | 1,033.5 | +0.043% | $76K | $1.4M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.3 | +0.028% | $1.4M | $2.4M | 20x | as long as short |
| Nado MU-PERP | +0.0123% | 1h | 1,033.4 | +0.032% | $269K | $840K | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,033.8 | +0.069% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,033 | −0.008% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | +0.043% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0179% | 1h | 1,033.5 | +0.043% | $175.0M | $75.6M | 10x | as long as short |
| Bullet MU-USD | +0.0214% | 1h | 1,033.8 | +0.077% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0264% | 1h | 1,033.1 | long leg | $549K | $1.1M | 10x | |
| Phoenix MU | +0.0310% | 1h | 1,033.6 | +0.053% | $529K | $269K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Bybit MUUSDT
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
GRVT MU_USDT_Perp
BloFin MU-USDT
Nado MU-PERP
Lighter MU
Arcus MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Phoenix MU