Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.016%
Price spread now: Ondo Perps against GRVT−0.091%7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.091%, 7d avg −0.112%
=Together, before fees−0.016%+ Points / potential airdropGRVT: Active · Ondo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.021% dearer against GRVT than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,046.9 | 0 | get 0.0000% / 8h | 3h 25m | $79K | $1.4M | 10x |
| Short | Ondo Perps MU-USD.P | 1,045.9 | 0.0050 | get 0.0006% / 1h | 25m 11s | $1.9M | $2.2M | 10x |
GRVT MU_USDT_Perp
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against GRVT. 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: −0.091% → −0.112%
- $2.06
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$1.36
- Costs to cover
- 0.140%
- Break-even
- 7.9 days
Slippage unknown: GRVT: 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 GRVT live order book, 3 min ago | 0.05 bp | 4.9 bp −$5 | 7.3 bp −$73 | 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 | −0.0396% | 4h | 1,046.6 | −0.027% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,046 | −0.085% | $21.3M | $56.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.5 | −0.134% | $124.4M | $521.1M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.6 | −0.120% | $18.8M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.2 | −0.154% | $31.0M | $99.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.6 | −0.124% | $338K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.3 | −0.150% | $62.1M | $27.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.4 | −0.135% | $20.5M | $41.5M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.4 | −0.135% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perplong | 0.0000% | 8h | 1,046.9 | long leg | $79K | $1.4M | 10x |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,045.6 | −0.119% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.9 | −0.096% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,045.1 | −0.169% | $73K | $475K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.1 | −0.171% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,045.7 | −0.109% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.2 | −0.155% | $7.0M | $17.9M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.4 | −0.142% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.3 | −0.149% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.8 | −0.193% | $549K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.430% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,045.9 | −0.096% | $71K | $233K | 10x | as long as short |
| Nado MU-PERP | +0.0041% | 1h | 1,045.1 | −0.170% | $281K | $828K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.1 | −0.075% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,045.4 | −0.138% | $25K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,045.1 | −0.168% | $176.9M | $96.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.1 | −0.168% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,045.3 | −0.153% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.4 | −0.136% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,045.9 | −0.091% | $1.9M | $2.2M | 10x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.9 | −0.187% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.4 | −0.139% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.5 | −0.131% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | −0.100% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045.5 | −0.129% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,045.6 | −0.125% | $752K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.5 | −0.133% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,045.9 | −0.091% | $535K | $271K | 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 MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Nado MU-PERP
Vest MU-USD-PERP
Bullet MU-USD
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
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU