Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.040%
Price spread now: Ondo Perps against Gate−0.097%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days−0.002%$0 · spread now −0.097%, 7d avg −0.059%
=Together, before fees+0.081%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of −0.059%). If the spread goes back, that is −$4 on $10k: about 2.5 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 | Gate MU_USDT | 1,042.9 | 0 | get 0.0000% / 8h | 2h 14m | $62.9M | $29.1M | 75x |
| Short | Ondo Perps MU-USD.P | 1,041.9 | 0.0050 | get 0.0006% / 1h | 14m 08s | $2.0M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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: −0.097% → −0.059%
- −$3.77
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.19
- Costs to cover
- 0.200%
- Break-even
- 15.7 days
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago | 0.05 bp | 10.4 bp −$10 | 17.2 bp −$172 | 43.8 bp −$4,376 | 78.6 bp −$39.3K |
| 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 | −0.0923% | 4h | 1,043.4 | +0.052% | $1.3M | $674K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,043.5 | +0.056% | $21.5M | $45.9M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.8 | −0.004% | $30.7M | $104.3M | 50x | as long as short |
| Gate MU_USDTlong | 0.0000% | 8h | 1,042.9 | long leg | $62.9M | $29.1M | 75x | |
| SunX MU-USDT | 0.0000% | 8h | 1,045.1 | +0.217% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.7 | −0.016% | $125K | $442K | 50x | as long as short |
| StandX MU-USD | +0.0026% | 1h | 1,042.6 | −0.024% | $188K | $3.3M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0027% | 1h | 1,042.6 | −0.023% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.9 | −0.003% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.751% | $14K | $302 | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.7 | −0.016% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.7 | −0.017% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.9 | +0.006% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,041.9 | −0.097% | $2.0M | $2.6M | 10x | |
| QFEX MU-USD | +0.0057% | 1h | 1,043 | +0.008% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0071% | 8h | 1,042.7 | −0.021% | $20.4M | $42.8M | 50x | as long as short |
| Variational Omni MU | +0.0078% | 8h | 1,043.3 | +0.039% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.2 | −0.068% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.8 | −0.004% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.9 | +0.006% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043 | +0.014% | $829 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0104% | 8h | 1,043.1 | +0.023% | $124.8M | $540.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,042.8 | −0.007% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0121% | 8h | 1,042.7 | −0.015% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | +0.090% | $756K | $1.5M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0172% | 8h | 1,043.6 | +0.074% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0182% | 8h | 1,043.2 | +0.032% | $19.1M | $32.5M | 100x | as long as short |
| Nado MU-PERP | +0.0196% | 1h | 1,042.2 | −0.065% | $307K | $845K | 10x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,043.3 | +0.039% | $285K | $333K | 20x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,042.9 | −0.002% | $999K | $4.8M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0208% | 1h | 1,042.8 | −0.008% | $176.3M | $107.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0210% | 1h | 1,043.1 | +0.025% | $58K | $222K | 10x | as long as short |
| BloFin MU-USDT | +0.0223% | 8h | 1,043.3 | +0.036% | $1.5M | $2.1M | 20x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.8 | −0.012% | $63K | $230K | 10x | as long as short |
| Bullet MU-USD | +0.0229% | 1h | 1,043.1 | +0.023% | $26K | $400K | 10x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043.7 | +0.079% | $534K | $303K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0696% | 1h | 1,042 | −0.082% | $540K | $1.1M | 10x | as long as short |
Gate MU_USDT
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
SunX MU-USDT
HTX MU-USDT
StandX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bybit MUUSDT
RISEx MU/USDC
Lighter MU
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Extended MU_24_5-USD