Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.023%
Price spread now: Ondo Perps against Arcus+0.004%7-day average −0.067% · 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)−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.004%, 7d avg −0.067%
=Together, before fees−0.160%+ Points / potential airdropOndo Perps: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.071% dearer against Arcus than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 4 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus MU-USD | 1,037.8 | 0.0040 | pay 0.0005% / 1h | 7m 10s | $90K | $244K | 10x |
| Short | Ondo Perps MU-USD.P | 1,037.8 | 0.0050 | get 0.0006% / 1h | 7m 10s | $1.8M | $2.7M | 10x |
Arcus MU-USD
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Arcus. 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
- $2.13
- Price spread: +0.004% → −0.067%
- $7.13
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$0.24
- Costs to cover
- 0.095%
- Break-even
- 7.8 days
Slippage unknown: Arcus: live order book, 31 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 Arcus live order book, 31 min ago | 3.13 bp | 8.3 bp −$8 | 13.9 bp −$139 | 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 | −0.0764% | 4h | 1,037.8 | +0.001% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0143% | 8h | 1,038.6 | +0.075% | $20.2M | $39.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.4 | +0.062% | $21.2M | $67.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.4 | +0.060% | $122.5M | $536.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.4 | +0.061% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | +0.040% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.3 | +0.052% | $313K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.2 | +0.036% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.8 | −0.003% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.9 | +0.013% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,038.2 | +0.043% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.9 | +0.201% | $11K | $5.5M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.2 | +0.043% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0007% | 1h | 1,038.3 | +0.049% | $25K | $388K | 10x | as long as short |
| Nado MU-PERP | +0.0016% | 1h | 1,037.8 | −0.001% | $280K | $804K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,038.4 | +0.059% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.1 | +0.030% | $7.0M | $18.7M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.2 | +0.038% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.1 | +0.027% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.004% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.308% | $19K | $5K | 12x | as long as short |
| Arcus MU-USDlong | +0.0040% | 1h | 1,037.8 | long leg | $90K | $244K | 10x | |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.4 | +0.058% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.2 | +0.040% | $176.4M | $80.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.2 | +0.040% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.3 | +0.044% | $681K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038.1 | +0.025% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,037.8 | +0.004% | $1.8M | $2.7M | 10x | |
| Deribit MU_USDC-PERPETUAL | +0.0068% | 1h | 1,038.1 | +0.028% | $74K | $620K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038 | +0.019% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | +0.053% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.8 | −0.003% | $144K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038 | +0.021% | $5.2M | $4.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038 | +0.018% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | +0.045% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.053% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.7 | +0.088% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bullet MU-USD
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU