Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: StandX against Ondo Perps+0.069%7-day average +0.088% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.069%, 7d avg +0.088%
=Together, before fees−0.129%+ Points / potential airdropOndo Perps: Active · StandX: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.088%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,047.7 | 0.0050 | pay 0.0006% / 1h | 46m 33s | $1.9M | $2.2M | 10x |
| Short | StandX MU-USD | 1,048.4 | 0 | get 0.0000% / 1h | 46m 33s | $190K | $3.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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: +0.069% → +0.088%
- −$1.9
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$25.49
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago | 2.29 bp | 7.7 bp −$8 | 14.0 bp −$140 | 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 | −0.0642% | 4h | 1,048 | +0.035% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,049.1 | +0.132% | $21.3M | $55.8M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,048.7 | +0.098% | $19.0M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,048.7 | +0.094% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,048.9 | +0.115% | $339K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,048.4 | +0.071% | $62.3M | $27.6M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,048.6 | +0.087% | $20.5M | $41.3M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,049.1 | +0.133% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,048 | +0.030% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USDshort | 0.0000% | 1h | 1,048.4 | +0.069% | $190K | $3.4M | 20x |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,049.2 | +0.141% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.5 | +0.083% | $73K | $462K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048 | +0.034% | $130K | $430K | 50x | as long as short |
| Binance MUUSDT | +0.0002% | 8h | 1,048.7 | +0.095% | $125.7M | $517.5M | 50x | as long as short |
| BloFin MU-USDT | +0.0014% | 8h | 1,048.4 | +0.072% | $1.5M | $2.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,048.8 | +0.110% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,048.4 | +0.070% | $7.1M | $17.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,048.5 | +0.082% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,048.5 | +0.078% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,048.2 | +0.046% | $554K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.352% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,048.4 | +0.072% | $71K | $233K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,049.3 | +0.159% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,048.3 | +0.060% | $177.8M | $97.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,048.4 | +0.070% | $170K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,048.4 | +0.066% | $688K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,047.7 | long leg | $1.9M | $2.2M | 10x | |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,048.7 | +0.097% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0056% | 1h | 1,048.1 | +0.037% | $282K | $830K | 10x | as long as short |
| Bullet MU-USD | +0.0066% | 1h | 1,048.8 | +0.108% | $26K | $394K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,048.1 | +0.039% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,048.5 | +0.076% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,048.3 | +0.060% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,047 | −0.060% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.6 | +0.084% | $834 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,050 | +0.225% | $757K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,048.5 | +0.079% | $536K | $271K | 15x | as long as short |
StandX MU-USD
edgeX MUUSDC
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_Perp
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Binance MUUSDT
BloFin MU-USDT
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Bullet MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
Phoenix MU