Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Gate against Ondo Perps+0.056%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.056%, 7d avg +0.060%
=Together, before fees−0.156%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: −$2 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 | 1,046.1 | 0.0050 | pay 0.0006% / 1h | 28m 58s | $1.9M | $2.2M | 10x |
| Short | Gate MU_USDT | 1,046.6 | 0 | get 0.0000% / 8h | 3h 28m | $62.2M | $27.8M | 75x |
Ondo Perps MU-USD.P
Gate MU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$10.58
- Price spread: +0.056% → +0.060%
- −$0.33
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$30.92
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago | 0.91 bp | 9.9 bp −$10 | 15.9 bp −$159 | 32.6 bp −$3,255 | 63.9 bp −$32.0K |
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 | −0.0218% | 4h | 1,046.3 | +0.029% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,047 | +0.091% | $21.3M | $56.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,046.8 | +0.070% | $124.8M | $521.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,047 | +0.092% | $18.8M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,046.8 | +0.075% | $31.1M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,046.7 | +0.057% | $338K | $353K | 20x | as long as short |
| Gate MU_USDTshort | 0.0000% | 8h | 1,046.6 | +0.056% | $62.2M | $27.8M | 75x | |
| Bitget MUUSDT | 0.0000% | 8h | 1,046.8 | +0.074% | $20.5M | $41.5M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,046.8 | +0.067% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,046.8 | +0.073% | $79K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Bitget MUUSDT
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 | 1,046.5 | +0.046% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,046.8 | +0.075% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,046.4 | +0.036% | $73K | $474K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,046.5 | +0.040% | $130K | $432K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,046.3 | +0.019% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,046.3 | +0.026% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,046.8 | +0.074% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,046.8 | +0.068% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,046.4 | +0.032% | $549K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.508% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,046.2 | +0.018% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,047.2 | +0.111% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,046.5 | +0.044% | $281K | $828K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,046.5 | +0.043% | $177.2M | $96.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,046.3 | +0.024% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,046.7 | +0.061% | $687K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,046.1 | long leg | $1.9M | $2.2M | 10x | |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,045.8 | −0.021% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0056% | 1h | 1,046.6 | +0.053% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,046.2 | +0.011% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046.5 | +0.046% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,046.7 | +0.057% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,046.6 | +0.048% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.5 | +0.047% | $832 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,047.1 | +0.100% | $751K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,046.9 | +0.077% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,046 | −0.005% | $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
Vest MU-USD-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
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