Funding you earn now, next payment 04:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.010%
Price spread now: Paradex against Ondo Perps+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.080% dearer against Ondo Perps than usual: you sell high and buy low, +$8 on $10k if it 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 | 1,051.3 | 0.0050 | pay 0.0006% / 1h | 39m 00s | $1.9M | $2.2M | 10x |
| Short | Paradex MU-USD-PERP | 1,052.2 | 0.0052 | get 0.0052% / 8h | 4h 39m | $2K | — | 5x |
Ondo Perps MU-USD.P
Paradex MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $0.4
- Price spread: +0.080% → 0.000%
- $8.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$0.58
- Costs to cover
- 0.090%
- Break-even
- 17.0 days
Slippage unknown: Ondo Perps: no order-book sample; Paradex: 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 Paradex no order-book sample | — | — | — | — | — |
Ondo Perps and Paradex: 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 | −0.0746% | 4h | 1,052.4 | +0.100% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.2 | +0.080% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.1 | +0.073% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | +0.068% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.117% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | +0.063% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.254% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.089% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0005% | 8h | 1,052 | +0.068% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052.3 | +0.092% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0019% | 8h | 1,052.6 | +0.116% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052 | +0.068% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | +0.024% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.003% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,052.3 | +0.092% | $25K | $398K | 10x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | +0.071% | $7.2M | $18.0M | 10x | as long as short |
| Variational Omni MU | +0.0036% | 8h | 1,052.5 | +0.109% | $2.7M | $2.4M | — | as long as short |
| Nado MU-PERP | +0.0040% | 1h | 1,051.8 | +0.042% | $282K | $843K | 10x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,052.1 | +0.075% | $1.1M | $5.1M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | +0.068% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.195% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052 | +0.064% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | +0.072% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,051.3 | long leg | $1.9M | $2.2M | 10x | |
| Paradex MU-USD-PERPshort | +0.0052% | 8h | 1,052.2 | +0.080% | $2K | — | 5x | |
| Binance MUUSDT | +0.0070% | 8h | 1,052.1 | +0.075% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052 | +0.064% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | +0.076% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | +0.045% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.9 | +0.055% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | +0.054% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,053 | +0.163% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | +0.052% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0120% | 8h | 1,052.2 | +0.084% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | +0.088% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0197% | 1h | 1,051.9 | +0.058% | $69K | $417K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.121% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
QFEX MU-USD
Variational Omni MU
Nado MU-PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU