MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: StandX against Ondo Perps+0.068%7-day average +0.090% · you sell dearer than you buy

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

Long on Ondo Perps Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.111%−$11 on $10k

Price spread, last 7 days+0.126%+$13 · spread now +0.068%, 7d avg +0.090%

Together, before fees+0.015%+ Points / potential airdropOndo Perps: Active · StandX: Active · farm board+$1 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 StandX is 0.022% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.090%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps MU-USD.P	1,049.3	0.0050	pay 0.0006% / 1h	23m 59s	$1.9M	$2.3M	10x
Short	StandX MU-USD	1,050	0	get 0.0000% / 1h	23m 59s	$190K	$3.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 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 Ondo PerpsbpFee StandXbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$10.58
Price spread: +0.068% → +0.090%: −$2.22
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee StandX: 4 bp × 2 orders: −$8
Net: −$25.8
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; StandX: live order book, 5 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 StandX live order book, 5 min ago	2.48 bp	7.5 bp −$7	13.4 bp −$134	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	−0.0861%	4h	1,049.9	+0.062%	$1.3M	$671K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.9	+0.151%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.7	+0.132%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.5	+0.118%	$62.1M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.2	+0.090%	$85K	$1.3M	10x	as long as short
StandX MU-USDshort	0.0000%	1h	1,050	+0.068%	$190K	$3.5M	20x
SunX MU-USDT	0.0000%	8h	1,052.4	+0.298%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.4	+0.106%	$67K	$377K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.4	+0.112%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,050	+0.071%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0021%	8h	1,050.7	+0.140%	$31.0M	$99.8M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.2	+0.091%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	+0.113%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.199%	$19K	$5K	12x	as long as short
Extended MU_24_5-USD	+0.0040%	1h	1,050.1	+0.079%	$564K	$1.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050	+0.072%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.4	+0.201%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.7	+0.132%	$1.1M	$5.0M	20x	as long as short
Nado MU-PERP	+0.0050%	1h	1,050.2	+0.089%	$282K	$848K	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.2	+0.089%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.5	+0.114%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.Plong	+0.0050%	1h	1,049.3	long leg	$1.9M	$2.3M	10x
Paradex MU-USD-PERP	+0.0055%	8h	1,050.4	+0.110%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0057%	1h	1,050.3	+0.098%	$178.1M	$98.9M	10x	as long as short
Aster MUUSD1	+0.0060%	8h	1,050.5	+0.116%	$21.4M	$53.0M	20x	as long as short
Bullet MU-USD	+0.0065%	1h	1,050.7	+0.136%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	+0.064%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.4	+0.112%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.3	+0.097%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,049.7	+0.045%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.4	+0.105%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	+0.086%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,050.3	+0.102%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0116%	8h	1,050.8	+0.141%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0127%	8h	1,050.6	+0.128%	$126.5M	$518.7M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.4	+0.108%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0248%	8h	1,050.3	+0.099%	$1.5M	$2.0M	20x	as long as short