Funding you earn now, next payment 22:00 UTC+0.0582%/8h= +63.7% APRnext payment +$0.73 per $10,000 · paid last 24h +0.013%
Price spread now: Extended against Ondo Perps+0.022%7-day average +0.067% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.022%, 7d avg +0.067%
=Together, before fees+0.016%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.045% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.067%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.090% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,041.7 | 0.0050 | pay 0.0006% / 1h | 1m 00s | $2.0M | $2.6M | 10x |
| Short | Extended MU_24_5-USD | 1,041.9 | 0.0632 | get 0.0079% / 1h | 1m 00s | $540K | $1.1M | 10x |
Ondo Perps MU-USD.P
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $122.14
- Price spread: +0.022% → +0.067%
- −$4.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $107.66
- Costs to cover
- 0.100%
- Break-even
- 0.8 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 2 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 Extended live order book, 2 min ago | 0.05 bp | 3.3 bp −$3 | 7.8 bp −$78 | 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 | −0.0768% | 4h | 1,042.8 | +0.101% | $1.3M | $673K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.7 | +0.095% | $30.7M | $104.3M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.7 | +0.092% | $62.9M | $29.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | +0.088% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.6 | +0.281% | $11K | $6.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,042.5 | +0.076% | $60K | $236K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.5 | +0.077% | $125K | $442K | 50x | as long as short |
| Aster MUUSD1 | +0.0007% | 8h | 1,043.2 | +0.140% | $21.5M | $46.6M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,042.5 | +0.078% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.6 | +0.089% | $1.1M | $4.3M | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Lighter RH MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.864% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.8 | +0.101% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.4 | +0.066% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.7 | +0.096% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,041.7 | long leg | $2.0M | $2.6M | 10x | |
| QFEX MU-USD | +0.0057% | 1h | 1,042.9 | +0.117% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0072% | 8h | 1,042.7 | +0.090% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0087% | 8h | 1,042.7 | +0.095% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.8 | +0.106% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.4 | +0.069% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.8 | +0.104% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.8 | +0.108% | $829 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0109% | 8h | 1,042.8 | +0.102% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0111% | 8h | 1,042.9 | +0.116% | $124.7M | $540.4M | 50x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,042.5 | +0.076% | $33K | — | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | +0.203% | $756K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,042.6 | +0.089% | $998K | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0178% | 8h | 1,042.9 | +0.113% | $82K | $1.4M | 10x | as long as short |
| Nado MU-PERP | +0.0185% | 1h | 1,042.1 | +0.035% | $307K | $845K | 10x | as long as short |
| Bybit MUUSDT | +0.0189% | 8h | 1,042.8 | +0.104% | $19.1M | $32.5M | 100x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,043 | +0.128% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0204% | 1h | 1,042.5 | +0.076% | $176.2M | $107.3M | 10x | as long as short |
| Bullet MU-USD | +0.0219% | 1h | 1,042.7 | +0.095% | $25K | $400K | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.6 | +0.088% | $63K | $230K | 10x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043 | +0.124% | $533K | $303K | 15x | as long as short |
| BloFin MU-USDT | +0.0231% | 8h | 1,042.9 | +0.114% | $1.5M | $2.1M | 20x | as long as short |
| Extended MU_24_5-USDshort | +0.0632% | 1h | 1,041.9 | +0.022% | $540K | $1.1M | 10x |
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
QFEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Binance MUUSDT
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Nado MU-PERP
Bybit MUUSDT
RISEx MU/USDC
tradeXYZ xyz:MU
Bullet MU-USD
Arcus MU-USD
Phoenix MU
BloFin MU-USDT