Funding you earn now, next payment 07:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Bullet against Ondo Perps+0.118%7-day average +0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.105%+$10 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.118%, 7d avg +0.119%
=Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.119%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.105%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,037.3 | 0.0050 | pay 0.0006% / 1h | 49m 33s | $1.9M | $2.6M | 10x |
| Short | Bullet MU-USD | 1,038.5 | 0.0035 | get 0.0004% / 1h | 49m 33s | $25K | $390K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Ondo Perps. 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
- −$3.16
- Price spread: +0.118% → +0.119%
- −$0.09
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$16.26
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bullet: live order book, 59 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bullet live order book, 59 min ago | 0.96 bp | 6.6 bp −$7 | 21.3 bp −$213 | doesn't fit | doesn't fit |
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 | −0.0643% | 4h | 1,038 | +0.071% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0098% | 8h | 1,038.5 | +0.121% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.9 | +0.155% | $21.1M | $57.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | +0.108% | $121.6M | $537.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.5 | +0.121% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.4 | +0.108% | $29.9M | $101.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | +0.110% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.4 | +0.104% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.8 | +0.047% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.8 | +0.054% | $75K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,038.6 | +0.128% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.6 | +0.220% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.1 | +0.079% | $128K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038 | +0.069% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0022% | 1h | 1,037.1 | −0.020% | $276K | $816K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.3 | +0.097% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038 | +0.073% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038.2 | +0.089% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.357% | $19K | $5K | 12x | as long as short |
| Bullet MU-USDshort | +0.0035% | 1h | 1,038.5 | +0.118% | $25K | $390K | 10x | |
| Arcus MU-USD | +0.0040% | 1h | 1,037.8 | +0.047% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.1 | +0.081% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.1 | +0.079% | $176.5M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038 | +0.069% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.9 | +0.063% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,037.3 | long leg | $1.9M | $2.6M | 10x | |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,038.5 | +0.121% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,038.5 | +0.116% | $1.1M | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038 | +0.071% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.1 | +0.081% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.1 | +0.081% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.7 | +0.041% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | +0.101% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | +0.029% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038 | +0.070% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.4 | +0.012% | $531K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0241% | 1h | 1,038.4 | +0.104% | $74K | $545K | 10x | as long as short |
Bullet MU-USD
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU
Deribit MU_USDC-PERPETUAL