MU

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.023%

Price spread now: Ondo Perps against Arcus−0.118%7-day average −0.067% · you buy dearer than you sell

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

Long on Arcus Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.112%−$11 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.118%, 7d avg −0.067%

Together, before fees−0.039%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.050% cheaper against Arcus than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.067%). If the spread goes back, that is −$5 on $10k: about 17 days of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.112%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,036.9	0.0040	pay 0.0005% / 1h	45m 58s	$90K	$244K	10x
Short	Ondo Perps MU-USD.P	1,035.7	0.0050	get 0.0006% / 1h	45m 58s	$1.8M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. 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 ArcusbpFee Ondo PerpsbpOrdersPrice spread, now −0.118%Rate

Funding earned: $2.13
Price spread: −0.118% → −0.067%: −$5.02
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.39
Costs to cover: 0.095%
Break-even: 47.8 days

Slippage unknown: Arcus: live order book, 57 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 Arcus live order book, 57 min ago	1.79 bp	8.8 bp −$9	12.0 bp −$120	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 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	−0.0547%	4h	1,036.2	−0.065%	$1.3M	$673K	10x	as long as short
Bitget MUUSDT	−0.0210%	8h	1,037.5	+0.059%	$20.2M	$40.1M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,037.9	+0.096%	$21.1M	$65.0M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,037.5	+0.056%	$122.1M	$538.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,037.3	+0.043%	$18.7M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,037.4	+0.046%	$29.8M	$100.1M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,038.1	+0.122%	$313K	$385K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,037.2	+0.033%	$61.4M	$28.2M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,036.2	−0.061%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,036.4	−0.045%	$71K	$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	1,038.1	+0.114%	$188K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,039.3	+0.232%	$11K	$5.6M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,037.1	+0.024%	$74K	$597K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,037.1	+0.023%	$128K	$462K	50x	as long as short
Aftermath Perps MUUSD	+0.0016%	1h	1,036.7	−0.020%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0021%	1h	1,038	+0.104%	$7.0M	$18.8M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,037.4	+0.053%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,036.9	+0.004%	$545K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+1.397%	$19K	$5K	12x	as long as short
Nado MU-PERP	+0.0035%	1h	1,037.3	+0.041%	$279K	$808K	10x	as long as short
Bullet MU-USD	+0.0040%	1h	1,037.6	+0.069%	$25K	$389K	10x	as long as short
Arcus MU-USDlong	+0.0040%	1h	1,036.9	long leg	$90K	$244K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,037.6	+0.067%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,037	+0.013%	$176.3M	$84.0M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,037.2	+0.032%	$168K	$195K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,037.3	+0.041%	$681K	$15K	10x	as long as short
Ondo Perps MU-USD.Pshort	+0.0050%	1h	1,035.7	−0.118%	$1.8M	$2.7M	10x
Paradex MU-USD-PERP	+0.0051%	8h	1,037.9	+0.101%	$2K	—	5x	as long as short
Lighter MU	+0.0080%	1h	1,037.5	+0.065%	$1.0M	$4.9M	20x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,037.1	+0.022%	$32K	$1K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0080%	1h	1,037.2	+0.033%	$725K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,037.8	+0.087%	$147K	$188K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,037.2	+0.034%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,038.5	+0.154%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,037.4	+0.049%	$825	$799	20x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,038.3	+0.136%	$1.5M	$2.1M	20x	as long as short
Phoenix MU	+0.0232%	1h	1,037.8	+0.090%	$531K	$270K	15x	as long as short