Funding you earn now, next payment 11:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.031%
Price spread now: Ondo Perps against RISEx−0.140%7-day average −0.115% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.140%, 7d avg −0.115%
=Together, before fees+0.049%+ Points / potential airdropOndo Perps: Active · farm board+$5 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 Ondo Perps is 0.025% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.115%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx MU/USDC | 1,039.7 | 0.0118 | pay 0.0015% / 1h | 41m 22s | $299K | $351K | 20x |
| Short | Ondo Perps MU-USD.P | 1,038.2 | 0.0050 | get 0.0006% / 1h | 41m 22s | $1.9M | $3.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against RISEx. 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
- −$14.18
- Price spread: −0.140% → −0.115%
- −$2.54
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$27.73
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 5 min ago; 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 RISEx live order book, 5 min ago | 0.82 bp | 3.8 bp −$4 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 | −0.0853% | 4h | 1,038.8 | −0.080% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.8 | +0.008% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.5 | −0.018% | $121.7M | $555.3M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,039.5 | −0.017% | $29.7M | $107.3M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,039.4 | −0.024% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,039.4 | −0.025% | $19.8M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.1 | −0.059% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.3 | −0.035% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,041.4 | +0.161% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.8 | −0.083% | $34K | $727K | 10x | as long as short |
Show all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,039.3 | −0.033% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,039.5 | −0.021% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.124% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,039.2 | −0.043% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.5 | +0.079% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.2 | −0.046% | $169K | $171K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,039.1 | −0.054% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,038.2 | −0.140% | $1.9M | $3.2M | 10x | |
| QFEX MU-USD | +0.0058% | 1h | 1,039.6 | −0.011% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0077% | 8h | 1,039.8 | +0.012% | $18.8M | $32.4M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.0079% | 8h | 1,039.6 | −0.012% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.9 | −0.070% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.1 | −0.055% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.3 | −0.035% | $5.2M | $6.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | −0.088% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039.5 | −0.019% | $826 | $799 | 20x | as long as short |
| RISEx MU/USDClong | +0.0118% | 1h | 1,039.7 | long leg | $299K | $351K | 20x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.7 | +0.003% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0126% | 1h | 1,038.8 | −0.084% | $276K | $840K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,038.8 | −0.080% | $90K | $147K | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,039.5 | −0.015% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,038.5 | −0.116% | $727K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0197% | 8h | 1,039.7 | −0.002% | $74K | $1.4M | 10x | as long as short |
| Bullet MU-USD | +0.0208% | 1h | 1,039.5 | −0.017% | $24K | $384K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0237% | 1h | 1,039.2 | −0.046% | $177.2M | $75.7M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,039.8 | +0.012% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0336% | 1h | 1,038.8 | −0.089% | $551K | $1.1M | 10x | as long as short |
RISEx MU/USDC
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Polymarket Perps MU-USD
SoDEX MU-USD
Bybit MUUSDT
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bullet MU-USD
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD