Funding you earn now, next payment 06:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h +0.006%
Price spread now: Bitget against Ondo Perps+0.071%7-day average +0.096% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.071%, 7d avg +0.096%
=Together, before fees+0.074%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.026% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.096%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,035.3 | 0.0050 | pay 0.0006% / 1h | 24m 44s | $1.9M | $2.4M | 10x |
| Short | Bitget MUUSDT | 1,036.1 | −0.0097 | pay 0.0097% / 8h | 2h 24m | $20.3M | $41.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$30.95
- Price spread: +0.071% → +0.096%
- −$2.57
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.52
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 0.58 bp | 8.5 bp −$8 | 10.6 bp −$106 | 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 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 | −0.0386% | 4h | 1,034 | −0.129% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDTshort | −0.0097% | 8h | 1,036.1 | +0.071% | $20.3M | $41.1M | 50x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.6 | +0.030% | $21.0M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.3 | 0.000% | $121.6M | $532.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,035.6 | +0.028% | $18.5M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036 | +0.064% | $29.9M | $100.5M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.2 | −0.015% | $316K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.2 | −0.014% | $61.4M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,034.5 | −0.083% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037 | +0.165% | $75K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,034.5 | −0.079% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.9 | +0.151% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.4 | +0.012% | $127K | $448K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,035.2 | −0.014% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,034.8 | −0.052% | $7.0M | $18.1M | 10x | as long as short |
| Nado MU-PERP | +0.0027% | 1h | 1,034.8 | −0.048% | $276K | $819K | 10x | as long as short |
| Bullet MU-USD | +0.0032% | 1h | 1,035.7 | +0.035% | $25K | $389K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,035.4 | +0.011% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,034.7 | −0.056% | $538K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.549% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,034.9 | −0.039% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.8 | −0.048% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.2 | −0.012% | $175.9M | $91.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.3 | −0.002% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,034.8 | −0.048% | $679K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,035.3 | long leg | $1.9M | $2.4M | 10x | |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,035.7 | +0.039% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.4 | +0.008% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.2 | −0.012% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,034.9 | −0.042% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,034.3 | −0.102% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035 | −0.031% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,035.3 | −0.006% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.9 | +0.051% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.7 | +0.034% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,035 | −0.031% | $529K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0301% | 1h | 1,035.7 | +0.034% | $73K | $515K | 10x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU
Deribit MU_USDC-PERPETUAL