Funding you earn now, next payment 10:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.023%
Price spread now: Arcus against Ondo Perps+0.078%7-day average +0.068% · 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)−0.065%−$6 · spread now +0.078%, 7d avg +0.068%
=Together, before fees+0.047%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$3 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 | 1,037.9 | 0.0050 | pay 0.0006% / 1h | 4m 32s | $1.9M | $3.2M | 10x |
| Short | Arcus MU-USD | 1,038.7 | 0.0139 | get 0.0017% / 1h | 4m 32s | $90K | $148K | 10x |
Ondo Perps MU-USD.P
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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
- $18.68
- Price spread: +0.078% → +0.068%
- $1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $10.2
- Costs to cover
- 0.095%
- Break-even
- 3.2 days
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 46 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 Arcus live order book, 46 min ago | 2.23 bp | 7.1 bp −$7 | 7.3 bp −$73 | 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 exchanges
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 | −0.0946% | 4h | 1,035.7 | −0.215% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.9 | +0.197% | $21.2M | $73.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039 | +0.102% | $121.5M | $553.6M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039 | +0.105% | $29.5M | $107.6M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039 | +0.104% | $61.7M | $28.2M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,038.9 | +0.092% | $19.9M | $43.4M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.1 | +0.116% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038.4 | +0.053% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.6 | +0.260% | $11K | $5.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,039.2 | +0.125% | $119K | $475K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,038.8 | +0.087% | $1.2M | $4.6M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,036 | −0.178% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.298% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039.7 | +0.172% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.8 | +0.088% | $168K | $178K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,037.9 | long leg | $1.9M | $3.2M | 10x | |
| QFEX MU-USD | +0.0059% | 1h | 1,038.9 | +0.093% | $7.0M | $19.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0068% | 8h | 1,039 | +0.109% | $18.9M | $32.5M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.0077% | 8h | 1,038.8 | +0.084% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039 | +0.104% | $32K | $1K | 10x | as long as short |
| SoDEX MU-USD | +0.0095% | 1h | 1,038.8 | +0.092% | $682K | $13K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.1 | +0.112% | $147K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.1 | +0.017% | $5.2M | $5.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.6 | +0.065% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.8 | +0.092% | $826 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,039.2 | +0.124% | $296K | $351K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0116% | 1h | 1,038.8 | +0.089% | $39K | $711K | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039 | +0.108% | $1.4M | $2.5M | 20x | as long as short |
| Nado MU-PERP | +0.0125% | 1h | 1,038.4 | +0.047% | $273K | $840K | 10x | as long as short |
| Arcus MU-USDshort | +0.0139% | 1h | 1,038.7 | +0.078% | $90K | $148K | 10x | |
| Lighter MU | +0.0152% | 1h | 1,039.1 | +0.113% | $1.0M | $5.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,035.4 | −0.241% | $734K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0186% | 1h | 1,038.7 | +0.078% | $176.9M | $75.7M | 10x | as long as short |
| Bullet MU-USD | +0.0211% | 1h | 1,039.8 | +0.186% | $25K | $386K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0215% | 8h | 1,038.1 | +0.025% | $81K | $1.4M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,035.5 | −0.230% | $530K | $269K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0328% | 1h | 1,037.3 | −0.057% | $552K | $1.1M | 10x | as long as short |
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
QFEX MU-USD
Bybit MUUSDT
Paradex MU-USD-PERP
Aevo MU-PERP
SoDEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Nado MU-PERP
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
GRVT MU_USDT_Perp
Phoenix MU
Extended MU_24_5-USD