Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.014%
Price spread now: Binance against Ondo Perps+0.033%46s7-day average +0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.033%, 7d avg +0.084%
=Together, before fees+0.021%+ Points / potential airdropOndo Perps: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.051% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.084%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,037.5 | 0.0050 | pay 0.0006% / 1h | 33m 50s | $1.8M | $2.7M | 10x |
| Short | Binance MUUSDT | 1,037.8 | 0 | get 0.0000% / 8h | 33m 50s | $122.1M | $538.6M | 50x |
Ondo Perps MU-USD.P
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$10.58
- Price spread: +0.033% → +0.084%
- −$5.1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.69
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.05 bp | 6.1 bp −$6 | 7.1 bp −$71 | 18.8 bp −$1,883 | 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 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 | −0.0248% | 4h | 1,037.9 | +0.046% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0178% | 8h | 1,038.2 | +0.067% | $20.2M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.9 | +0.045% | $21.2M | $65.5M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,037.8 | +0.033% | $122.1M | $538.6M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.7 | +0.026% | $18.8M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.8 | +0.031% | $29.8M | $100.1M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | +0.088% | $313K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.7 | +0.024% | $61.4M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,037.7 | +0.021% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038 | +0.052% | $71K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
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 | 1,037.7 | +0.021% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.8 | +0.228% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.8 | +0.033% | $74K | $608K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.029% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0012% | 1h | 1,038.1 | +0.060% | $25K | $390K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,038 | +0.052% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,038.1 | +0.057% | $279K | $807K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038 | +0.053% | $7.0M | $18.8M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,038.1 | +0.059% | $1.0M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.9 | +0.040% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.4 | −0.006% | $545K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.339% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.5 | −0.001% | $90K | $245K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.3 | +0.077% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.8 | +0.032% | $176.4M | $82.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.9 | +0.041% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038 | +0.046% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,037.5 | long leg | $1.8M | $2.7M | 10x | |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,038.1 | +0.059% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | +0.016% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,037.4 | −0.003% | $725K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038 | +0.052% | $147K | $188K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.5 | +0.006% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.9 | +0.039% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.9 | +0.042% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.080% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.3 | +0.080% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
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