Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%
Price spread now: Ondo Perps against OKX+0.037%7-day average −0.077% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 7 days−0.011%−$1 · spread now +0.037%, 7d avg −0.077%
Together, before fees−0.050%+ Points / potential airdropOndo Perps: Active · farm board−$5 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 0.114% dearer against OKX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.077%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,037.90get 0.0000% / 8h37m 19s$29.8M$100.1M50x
ShortOndo Perps MU-USD.P1,038.30.0050get 0.0006% / 1h37m 19s$1.9M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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: +0.037% → −0.077%
$11.38
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$6.97
Costs to cover
0.150%
Break-even
2.4 days
Slippage unknown: OKX: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago0.05 bp5.5 bp −$68.0 bp −$8022.8 bp −$2,285doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0435%4h1,037.9+0.003%$1.3M$672K10xas long as short
Bitget MUUSDT−0.0182%8h1,038.1+0.021%$20.2M$40.1M50xas long as short
Aster MUUSD10.0000%8h1,038.5+0.056%$21.2M$65.4M20xas long as short
Binance MUUSDT0.0000%8h1,038.1+0.015%$122.1M$538.6M50xas long as short
Bybit MUUSDT0.0000%8h1,037.9−0.003%$18.7M$32.3M100xas long as short
OKX MU-USDT-SWAPlong0.0000%8h1,037.9long leg$29.8M$100.1M50x
RISEx MU/USDC0.0000%1h1,038.2+0.028%$313K$385K20xas long as short
Gate MU_USDT0.0000%8h1,037.9−0.005%$61.4M$28.3M75xas long as short
Variational Omni MU0.0000%8h1,038.9+0.097%$2.5M$2.6Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,038+0.010%$71K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,038.1+0.015%$188K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,039.7+0.171%$11K$5.6M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,037.7−0.018%$74K$606K10xas long as short
HTX MU-USDT0.0000%8h1,037.7−0.017%$127K$479K50xas long as short
Aftermath Perps MUUSD+0.0016%1h1,037.8−0.011%$3K$44K10xas long as short
Bullet MU-USD+0.0020%1h1,038+0.013%$25K$390K10xas long as short
Nado MU-PERP+0.0021%1h1,037.8−0.013%$279K$808K10xas long as short
QFEX MU-USD+0.0021%1h1,038+0.011%$7.0M$18.8M10xas long as short
Lighter RH MU+0.0032%1h1,038+0.012%$1.1M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,037.6−0.026%$546K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.296%$19K$5K12xas long as short
Lighter MU+0.0040%1h1,038.2+0.023%$1.0M$4.9M20xas long as short
Arcus MU-USD+0.0040%1h1,037.5−0.038%$90K$244K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,038.2+0.030%$175K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,037.9−0.001%$176.4M$82.7M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,037.7−0.020%$168K$195K10xas long as short
SoDEX MU-USD+0.0050%1h1,037.9+0.001%$681K$15K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,038.3+0.037%$1.9M$2.7M10x
Paradex MU-USD-PERP+0.0051%8h1,038.2+0.028%$2K5xas long as short
Aevo MU-PERP+0.0080%1h1,037.5−0.038%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,037.9−0.001%$725K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,038+0.013%$147K$188K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,037.8−0.011%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,038.5+0.057%$70K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,037.9−0.003%$825$79920xas long as short
BloFin MU-USDT+0.0120%8h1,038+0.010%$1.4M$2.1M20xas long as short
Phoenix MU+0.0232%1h1,038.9+0.095%$531K$270K15xas long as short