Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Pacifica against Ondo Perps+0.214%59s7-day average +0.075% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now +0.214%, 7d avg +0.075%
=Together, before fees−0.124%+ Points / potential airdropOndo Perps: Active · Pacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Pacifica is 0.139% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.075%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,041.5 | 0.0050 | pay 0.0006% / 1h | 52m 45s | $1.9M | $2.3M | 10x |
| Short | Pacifica MU | 1,043.7 | 0.0100 | get 0.0013% / 1h | 52m 45s | $147K | $186K | 10x |
Ondo Perps MU-USD.P
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.214% → +0.075%
- $13.94
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $11.36
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Pacifica: live order book, 60 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 Pacifica live order book, 60 min ago | 3.76 bp | 12.8 bp −$13 | doesn't fit | 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 | −0.0030% | 4h | 1,042.3 | +0.076% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,044.2 | +0.258% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,044 | +0.242% | $123.2M | $526.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,044.1 | +0.253% | $18.6M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044 | +0.239% | $30.5M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,043.5 | +0.191% | $337K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | +0.204% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.8 | +0.221% | $20.5M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042.8 | +0.131% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,042.1 | +0.064% | $83K | $1.4M | 10x | as long as short |
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_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | +0.111% | $189K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.8 | +0.318% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,043.1 | +0.157% | $73K | $499K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.1 | +0.152% | $128K | $439K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,041.5 | +0.006% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,043.1 | +0.157% | $7.0M | $18.1M | 10x | as long as short |
| Nado MU-PERP | +0.0029% | 1h | 1,042.9 | +0.142% | $281K | $821K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.8 | +0.220% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,043.1 | +0.158% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.950% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042 | +0.050% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.5 | +0.191% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0050% | 1h | 1,043.1 | +0.160% | $26K | $392K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043.5 | +0.195% | $177.4M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043 | +0.147% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.1 | +0.159% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,041.5 | long leg | $1.9M | $2.3M | 10x | |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,043.2 | +0.170% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,042.9 | +0.135% | $32K | $1K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,043.7 | +0.214% | $147K | $186K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.2 | +0.163% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.9 | +0.042% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.2 | +0.164% | $829 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,043.3 | +0.178% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | +0.178% | $745K | $1.2M | 10x | as long as short |
| Lighter MU | +0.0152% | 1h | 1,044 | +0.244% | $1.1M | $4.9M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043 | +0.147% | $534K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Nado MU-PERP
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Lighter MU
Phoenix MU