Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h −0.003%
Price spread now: Orderly against Ondo Perps+0.081%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.081% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,045 | 0.0050 | pay 0.0006% / 1h | 20m 19s | $2.0M | $2.7M | 10x |
| Short | Orderly PERP_MU_USDC_mythos | 1,045.8 | 0.0100 | get 0.0100% / 8h | 20m 19s | $831 | $799 | 20x |
Ondo Perps MU-USD.P
Orderly PERP_MU_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $10.42
- Price spread: +0.081% → 0.000%
- $8.13
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $7.55
- Costs to cover
- 0.110%
- Break-even
- 1.9 days
Slippage unknown: Ondo Perps: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
Ondo Perps and Orderly: 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 | −0.0889% | 4h | 1,045.4 | +0.036% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | +0.079% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.2 | +0.020% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.6 | +0.247% | $12K | $6.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.4 | +0.042% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0030% | 1h | 1,045.1 | +0.008% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.9 | +0.089% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.548% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.2 | +0.116% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | +0.059% | $169K | $193K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,045.7 | +0.068% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,045 | long leg | $2.0M | $2.7M | 10x | |
| OKX MU-USDT-SWAP | +0.0072% | 8h | 1,045.8 | +0.078% | $30.8M | $105.0M | 50x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,045.9 | +0.090% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.9 | +0.087% | $7.8M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,046 | +0.096% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.6 | +0.062% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.8 | +0.082% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythosshort | +0.0100% | 8h | 1,045.8 | +0.081% | $831 | $799 | 20x | |
| Paradex MU-USD-PERP | +0.0112% | 8h | 1,046 | +0.095% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0114% | 1h | 1,046 | +0.095% | $25K | $394K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,046 | +0.094% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.8 | +0.079% | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.0161% | 1h | 1,045.5 | +0.049% | $271K | $875K | 10x | as long as short |
| Aster MUUSD1 | +0.0161% | 8h | 1,046.3 | +0.128% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | +0.068% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0189% | 8h | 1,046.1 | +0.107% | $124.4M | $532.7M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0190% | 1h | 1,045.8 | +0.075% | $62K | $276K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0198% | 1h | 1,045.8 | +0.078% | $176.7M | $104.5M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0220% | 8h | 1,045.5 | +0.053% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.006% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0266% | 8h | 1,046 | +0.100% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0309% | 8h | 1,045.9 | +0.083% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0384% | 1h | 1,045.3 | +0.031% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | +0.059% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.5 | +0.048% | $70K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.1 | +0.106% | $316K | $339K | 20x | as long as short |
SoDEX MU-USD
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aevo MU-PERP
Nado MU-PERP
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC