Funding you earn now, next payment 10:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h −0.023%
Price spread now: Ondo Perps against Deribit+0.019%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.019%, 7d avg −0.084%
=Together, before fees+0.055%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.103% dearer against Deribit than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.084%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MU_USDC-PERPETUAL | 1,031.1 | 0.0099 | pay 0.0012% / 1h | 55m 12s | $72K | $636K | 10x |
| Short | Ondo Perps MU-USD.P | 1,031.3 | 0.0050 | get 0.0006% / 1h | 55m 12s | $1.9M | $3.2M | 10x |
Deribit MU_USDC-PERPETUAL
Ondo Perps MU-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Deribit. 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
- −$10.26
- Price spread: +0.019% → −0.084%
- $10.33
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$11.93
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 39 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 Deribit live order book, 39 min ago | 4.77 bp | 16.8 bp −$17 | 22.2 bp −$222 | 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 | −0.0959% | 4h | 1,032.8 | +0.163% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,032.1 | +0.098% | $21.1M | $69.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,031.5 | +0.038% | $121.3M | $552.5M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,031.2 | +0.008% | $29.2M | $104.8M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,031.3 | +0.015% | $61.5M | $27.5M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,031.1 | −0.001% | $19.6M | $42.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | +0.192% | $2.6M | $2.7M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,032.8 | +0.159% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,032.7 | +0.150% | $11K | $5.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,031.4 | +0.024% | $119K | $490K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0030% | 1h | 1,031.8 | +0.068% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,031 | −0.016% | $1.1M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.964% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,032.3 | +0.117% | — | $178K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,031 | −0.011% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,031.2 | +0.005% | $677K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,031.3 | +0.019% | $1.9M | $3.2M | 10x | |
| QFEX MU-USD | +0.0059% | 1h | 1,031.7 | +0.057% | $7.0M | $19.0M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,031.1 | −0.002% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,031.7 | +0.056% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0096% | 1h | 1,031 | −0.008% | $1.0M | $5.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUALlong | +0.0099% | 1h | 1,031.1 | long leg | $72K | $636K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,031.8 | +0.071% | $146K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,031.3 | +0.014% | $5.2M | $5.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,032.8 | +0.162% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,032 | +0.081% | $820 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.0101% | 8h | 1,031.4 | +0.032% | $18.7M | $32.6M | 100x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,031.8 | +0.066% | $295K | $373K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,031.2 | +0.012% | $1.4M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0123% | 1h | 1,031 | −0.011% | $174.4M | $78.5M | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,031.1 | −0.003% | $89K | $233K | 10x | as long as short |
| Nado MU-PERP | +0.0143% | 1h | 1,031.3 | +0.015% | $263K | $809K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,031.6 | +0.051% | $730K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,033.1 | +0.193% | $529K | $269K | 15x | as long as short |
| Bullet MU-USD | +0.0231% | 1h | 1,031.4 | +0.028% | $26K | $387K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0256% | 1h | 1,031.3 | +0.021% | $542K | $1.1M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0356% | 8h | 1,033.3 | +0.217% | $73K | $1.4M | 10x | as long as short |
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
QFEX MU-USD
Aevo MU-PERP
Paradex MU-USD-PERP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bybit MUUSDT
RISEx MU/USDC
BloFin MU-USDT
tradeXYZ xyz:MU
Arcus MU-USD
Nado MU-PERP
Coinbase International MU-PERP-INTX
Phoenix MU
Bullet MU-USD
Extended MU_24_5-USD
GRVT MU_USDT_Perp