Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.004%
Price spread now: Ondo Perps against Variational Omni+0.012%7-day average −0.082% · 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)−0.027%−$3 on $10k
+Price spread, last 7 days−0.177%−$18 · spread now +0.012%, 7d avg −0.082%
=Together, before fees−0.204%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.094% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,032.5 | 0 | get 0.0000% / 8h | 7h 02m | $2.5M | $2.6M | — |
| Short | Ondo Perps MU-USD.P | 1,032.6 | 0.0050 | get 0.0006% / 1h | 2m 01s | $1.9M | $3.2M | 10x |
Variational Omni MU
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Variational Omni. 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: +0.012% → −0.082%
- $9.36
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $14.95
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 1.94 bp | doesn't fit | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0053% | 4h | 1,033.2 | +0.068% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033 | +0.054% | $21.1M | $69.5M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,032.9 | +0.040% | $121.5M | $550.7M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,032.9 | +0.043% | $29.1M | $104.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,032.8 | +0.027% | $294K | $375K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.7 | +0.023% | $61.6M | $28.8M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,032.9 | +0.035% | $19.5M | $41.7M | 50x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,032.5 | long leg | $2.5M | $2.6M | — | |
| StandX MU-USD | 0.0000% | 1h | 1,032.1 | −0.033% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,033.8 | +0.128% | $11K | $5.3M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,032.6 | +0.006% | $119K | $493K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,032.9 | +0.038% | $7.0M | $19.0M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,032.1 | −0.034% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,032.6 | +0.008% | $1.1M | $4.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.828% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,032.4 | −0.010% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.1 | +0.059% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,032.3 | −0.018% | $167K | $177K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,032.6 | +0.012% | $1.9M | $3.2M | 10x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.2 | −0.031% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0088% | 8h | 1,032.9 | +0.041% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.9 | −0.151% | $720K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,032.9 | +0.040% | $146K | $214K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,032.1 | −0.041% | $5.1M | $5.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.2 | +0.065% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032.7 | +0.021% | $821 | $799 | 20x | as long as short |
| Nado MU-PERP | +0.0116% | 1h | 1,032.2 | −0.029% | $264K | $811K | 10x | as long as short |
| Bybit MUUSDT | +0.0117% | 8h | 1,032.7 | +0.022% | $18.7M | $32.5M | 100x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.1 | +0.055% | $1.4M | $2.3M | 20x | as long as short |
| SoDEX MU-USD | +0.0124% | 1h | 1,032.4 | −0.004% | $678K | $15K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0129% | 1h | 1,032.5 | +0.001% | $174.8M | $78.3M | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,032.8 | +0.032% | $996K | $5.1M | 20x | as long as short |
| Bullet MU-USD | +0.0180% | 1h | 1,032.7 | +0.019% | $26K | $388K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0216% | 1h | 1,031.7 | −0.074% | $542K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,033.2 | +0.069% | $529K | $270K | 15x | as long as short |
| GRVT MU_USDT_Perp | +0.0373% | 8h | 1,033.3 | +0.080% | $81K | $1.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0399% | 1h | 1,032.5 | −0.001% | $72K | $635K | 10x | as long as short |
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Aevo MU-PERP
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Nado MU-PERP
Bybit MUUSDT
BloFin MU-USDT
SoDEX MU-USD
tradeXYZ xyz:MU
Lighter MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU
GRVT MU_USDT_Perp
Deribit MU_USDC-PERPETUAL