Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,070+0.0050pay 0.0006% / 1h56m 51s$2.2M$3.6M10xLong Ondo Perps5% off
SHORT1,070.8+0.0029get 0.0004% / 1h56m 51s$244K$562K20xShort Kraken Futures
Price gap+0.069%57s
Funding gap−0.0021% /8h

The gap pays +$4 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 6.4 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$6−0.0021% /8h now · paid +0.060% over the last 7D
Price—spread +0.069%57s now · prices read too far apart to compare
Costs−$380.385% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropOndo Perps: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.069%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MU on 41 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books5.4 / 13.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $500
    Ondo Perps 10x, Kraken Futures 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$0.64Long Ondo Perps: 24 payments, −$1.51; short Kraken Futures: 24 payments, +$0.87.
  • Watch: Prices read 57 s apart+0.069% vs +0.029%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$244K vs $2.2M OI
    Kraken Futures sets your exit cost. Check its book before closing.
  • OK: Points on a legOndo Perps points
    Volume here counts toward the points program.
  • Watch: KYCOndo Perps No · Kraken Futures Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0029%/8h × 21 periods+$6.01
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$23.46
Fee Ondo Perps bp × 2 orders−$5.00
Fee Kraken Futures bp × 2 orders−$10.00
Net · 7 days · $10k−$32.45
price spread not counted: prices read too far apart
Costs to cover0.385%Break-even44.8 days
Slippage: Ondo Perps: live order book, 2 min ago; Kraken Futures: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGOndo Perps1.875.4 bp−$58.5 bp−$85doesn’t fitdoesn’t fit
SELL · SHORTKraken Futures2.7113.2 bp−$1382.7 bp−$827doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
10-01 02:30MEXCOtherRevenue 🟢 EPS 🟢 Margins 🟢 $MU after the print: still pretty muted. 👀 Already priced in? @MEXC on X ↗
09-30 20:09BackpackOtherJUST IN: Micron beats Q4 earnings expectations ▸ Adjusted EPS: $33.42 vs $31.72 expected ▸ Revenue: $54.23B vs $51.3B expected $MU is available for stock trading, 24/7 perpetuals and as collateral 🎒 @Backpack on X ↗
09-30 19:45Vest MarketsOtherTrade $MU pre-earnings volatility with a Vest Capital funded account. Access up to $25k in trading capital at: @VestExchange on X ↗
09-30 19:45Vest MarketsOther$MU reports fiscal Q4 results after today's close, with consensus at $50.78B in revenue and $31.28 adjusted EPS. → Revenue: $41.46B in fiscal Q3, against $23.86B in fiscal Q2 and $13.64B in fiscal Q1 → Guidance: $50.0B ±$1.0B for fiscal Q4, with an 86% gross margin and $31.00 adjusted EPS The shares enter the print with $MU up around 275% this year and about 12% below its 52-week high, and the quarter runs 14 weeks, per the 10-Q. Cloud Memory and Core Data Center revenue reached $13.77B and $11.52B in fiscal Q3, with the fiscal 2027 outlook, HBM4 economics, DRAM pricing and record capital spending the watch items. @VestExchange on X ↗
09-30 19:11Polymarket PerpsOtherMEMORY SUPERCYCLE Micron $MU reports earnings after the bell today. Trade the reaction on Polymarket Perps with no market hours. Go long or short with up to 10x leverage. @Poly_Perps on X ↗
09-30 17:30MEXCOther$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗