Funding you earn now, next payment 06:00 UTC+0.0095%/8h= +10.4% APRnext payment +$0.12 per $10,000 · paid last 24h +0.027%
Price spread now: Deribit against Ondo Perps+0.085%7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.085%, 7d avg +0.086%
=Together, before fees−0.015%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,036.2 | 0.0050 | pay 0.0006% / 1h | 28m 49s | $1.9M | $2.4M | 10x |
| Short | Deribit MU_USDC-PERPETUAL | 1,037.1 | 0.0145 | get 0.0018% / 1h | 28m 49s | $73K | $513K | 10x |
Ondo Perps MU-USD.P
Deribit MU_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $19.97
- Price spread: +0.085% → +0.086%
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $7.85
- Costs to cover
- 0.120%
- Break-even
- 4.2 days
Slippage unknown: Ondo Perps: no order-book sample; Deribit: live order book, 20 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 Deribit live order book, 20 min ago | 3.65 bp | 9.4 bp −$9 | 13.4 bp −$134 | 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 | −0.0955% | 4h | 1,035.8 | −0.039% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0001% | 8h | 1,036 | −0.022% | $20.3M | $41.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | −0.025% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.2 | −0.094% | $121.6M | $530.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.8 | −0.041% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.1 | −0.105% | $29.9M | $100.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.6 | +0.037% | $334K | $370K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.7 | −0.049% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036 | −0.016% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.4 | +0.026% | $75K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,037.4 | +0.116% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.153% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.7 | +0.054% | $127K | $448K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,036.7 | +0.049% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,036 | −0.015% | $7.0M | $18.0M | 10x | as long as short |
| Nado MU-PERP | +0.0025% | 1h | 1,036.5 | +0.029% | $276K | $819K | 10x | as long as short |
| Bullet MU-USD | +0.0030% | 1h | 1,037 | +0.079% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.6 | +0.039% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.4 | −0.076% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.465% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.5 | +0.028% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.3 | +0.014% | — | $174K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.1 | −0.008% | $176.0M | $92.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036 | −0.017% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.8 | +0.062% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,036.2 | long leg | $1.9M | $2.4M | 10x | |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,036.4 | +0.024% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.7 | +0.054% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.3 | +0.015% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,035.8 | −0.034% | $5.2M | $3.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,035.3 | −0.090% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.8 | +0.057% | $824 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,036.8 | +0.059% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.8 | +0.056% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.9 | −0.031% | $731K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUALshort | +0.0145% | 1h | 1,037.1 | +0.085% | $73K | $513K | 10x | |
| Phoenix MU | +0.0231% | 1h | 1,037.1 | +0.089% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
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
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU