Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Ondo Perps+0.176%7-day average +0.106% · 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 4 days (all we have)−0.098%−$10 · spread now +0.176%, 7d avg +0.106%
=Together, before fees−0.180%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.070% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.106%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,043.2 | 0.0050 | pay 0.0006% / 1h | 16m 06s | $1.9M | $2.2M | 10x |
| Short | HTX MU-USDT | 1,045.1 | 0 | get 0.0000% / 8h | 3h 16m | $130K | $435K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.176% → +0.106%
- $7.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$20.58
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 37 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 HTX live order book, 37 min ago | 2.81 bp | 9.2 bp −$9 | 9.2 bp −$92 | 14.0 bp −$1,402 | 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 | −0.0350% | 4h | 1,044.9 | +0.164% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.2 | +0.187% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,044.9 | +0.161% | $124.0M | $523.1M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.2 | +0.191% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.9 | +0.155% | $30.9M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.5 | +0.213% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.9 | +0.164% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.3 | +0.196% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.1 | +0.175% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,044.9 | +0.162% | $79K | $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 | 1,044.2 | +0.097% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.407% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDTshort | 0.0000% | 8h | 1,045.1 | +0.176% | $130K | $435K | 50x | |
| Deribit MU_USDC-PERPETUAL | +0.0008% | 1h | 1,045 | +0.171% | $73K | $481K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,044.5 | +0.118% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.2 | +0.187% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.1 | +0.175% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,044.8 | +0.149% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.5 | +0.122% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.779% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0034% | 1h | 1,044.8 | +0.151% | $282K | $829K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.1 | +0.087% | $70K | $232K | 10x | as long as short |
| Bullet MU-USD | +0.0040% | 1h | 1,045.4 | +0.203% | $26K | $392K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.6 | +0.229% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.9 | +0.160% | $176.8M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | +0.170% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.9 | +0.163% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.6 | +0.224% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,043.2 | long leg | $1.9M | $2.2M | 10x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.8 | +0.150% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.1 | +0.175% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.7 | +0.140% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.9 | +0.059% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.9 | +0.160% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.131% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.3 | +0.197% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.2 | +0.093% | $534K | $271K | 15x | as long as short |
HTX MU-USDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU