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: Ondo Perps against Pacifica−0.135%7-day average −0.075% · you buy dearer than you sell
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)+0.107%+$11 · spread now −0.135%, 7d avg −0.075%
=Together, before fees+0.027%+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.060% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,038.5 | 0.0100 | pay 0.0013% / 1h | 13m 15s | $147K | $189K | 10x |
| Short | Ondo Perps MU-USD.P | 1,037.1 | 0.0050 | get 0.0006% / 1h | 13m 15s | $1.9M | $2.5M | 10x |
Pacifica MU
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Pacifica. 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: −0.135% → −0.075%
- −$5.96
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$29.38
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 35 min ago; Ondo Perps: 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 Pacifica live order book, 35 min ago | 2.98 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUUSDT | −0.0162% | 8h | 1,039.3 | +0.079% | $20.3M | $41.2M | 50x | as long as short |
| edgeX MUUSDC | −0.0146% | 4h | 1,036.6 | −0.175% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.8 | +0.030% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.1 | +0.062% | $122.0M | $534.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,039.2 | +0.072% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039 | +0.051% | $29.9M | $101.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039.2 | +0.072% | $315K | $383K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.9 | +0.043% | $61.5M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | −0.198% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.3 | −0.107% | $84K | $1.4M | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,038.1 | −0.032% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.6 | +0.203% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.8 | +0.038% | $74K | $527K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.8 | +0.029% | $127K | $449K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,037 | −0.135% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,039 | +0.055% | $7.0M | $18.2M | 10x | as long as short |
| Nado MU-PERP | +0.0024% | 1h | 1,038.9 | +0.041% | $277K | $818K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039 | +0.053% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.4 | −0.004% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.243% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0036% | 1h | 1,039.3 | +0.084% | $25K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.3 | −0.110% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.9 | +0.046% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.9 | +0.043% | $176.7M | $91.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039 | +0.053% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.8 | +0.031% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,037.1 | −0.135% | $1.9M | $2.5M | 10x | |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,039.2 | +0.070% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.6 | +0.018% | $32K | $1K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,038.5 | long leg | $147K | $189K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.6 | +0.017% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.1 | −0.128% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.7 | +0.019% | $826 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,039.1 | +0.064% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039 | +0.051% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.239% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039 | +0.053% | $531K | $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
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
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
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU