MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.003%

Price spread now: Ondo Perps against Injective−0.230%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.102%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.230% cheaper against Injective than usual: you would sell low and buy high (spread −0.230% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 45 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.102% in total) that is about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	47m 53s	$19K	$5K	12x
Short	Ondo Perps MU-USD.P	1,048.9	0.0050	get 0.0006% / 1h	47m 53s	$1.9M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −0.230%Rate

Funding earned: $3.58
Price spread: −0.230% → 0.000%: −$23.02
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$24.45
Costs to cover: 0.050%
Break-even: 54.8 days

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Injective and 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 36 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	−0.0504%	4h	1,050.4	−0.089%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050	−0.127%	$333K	$349K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.9	−0.143%	$62.1M	$27.4M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.1	−0.118%	$190K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.5	+0.011%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,049.6	−0.166%	$66K	$356K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.6	−0.169%	$129K	$427K	50x	as long as short
Bybit MUUSDT	+0.0017%	8h	1,050.1	−0.123%	$19.1M	$32.4M	100x	as long as short
Aftermath Perps MUUSD	+0.0019%	1h	1,049.9	−0.140%	$3K	$44K	10x	as long as short
GRVT MU_USDT_Perp	+0.0024%	8h	1,050.8	−0.055%	$79K	$1.3M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MU-USD	+0.0030%	1h	1,049.6	−0.168%	$7.3M	$18.4M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.9	−0.142%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Extended MU_24_5-USD	+0.0040%	1h	1,049.4	−0.187%	$564K	$1.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050	−0.126%	$71K	$235K	10x	as long as short
OKX MU-USDT-SWAP	+0.0041%	8h	1,050	−0.134%	$31.0M	$100.0M	50x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.7	−0.068%	—	$175K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.6	−0.167%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,049.9	−0.136%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.Pshort	+0.0050%	1h	1,048.9	−0.230%	$1.9M	$2.3M	10x
Paradex MU-USD-PERP	+0.0059%	8h	1,049.9	−0.143%	$2K	—	5x	as long as short
Lighter MU	+0.0080%	1h	1,049.9	−0.140%	$1.1M	$4.8M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.135%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,049.8	−0.150%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050	−0.133%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.8	−0.053%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050	−0.127%	$835	$799	20x	as long as short
Nado MU-PERP	+0.0104%	1h	1,049.7	−0.162%	$280K	$849K	10x	as long as short
Aster MUUSD1	+0.0108%	8h	1,050.2	−0.112%	$21.4M	$52.1M	20x	as long as short
tradeXYZ xyz:MU	+0.0111%	1h	1,049.7	−0.158%	$178.2M	$99.2M	10x	as long as short
Aevo MU-PERP	+0.0120%	1h	1,049.6	−0.169%	$32K	$1K	10x	as long as short
Variational Omni MU	+0.0144%	8h	1,050.4	−0.087%	$2.7M	$2.3M	—	as long as short
Bullet MU-USD	+0.0145%	1h	1,050.1	−0.124%	$26K	$397K	10x	as long as short
Binance MUUSDT	+0.0163%	8h	1,049.9	−0.137%	$126.4M	$520.0M	50x	as long as short
Bitget MUUSDT	+0.0165%	8h	1,050	−0.132%	$20.6M	$41.2M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.2	−0.110%	$537K	$271K	15x	as long as short