Funding you earn now, next payment 01:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.006%
Price spread now: Ondo Perps against OKX−0.116%7-day average −0.086% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now −0.116%, 7d avg −0.086%
=Together, before fees−0.133%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.030% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,050.8 | 0.0093 | pay 0.0093% / 8h | 7h 45m | $30.9M | $102.2M | 50x |
| Short | Ondo Perps MU-USD.P | 1,049.6 | 0.0050 | get 0.0006% / 1h | 45m 45s | $1.9M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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
- −$8.97
- Price spread: −0.116% → −0.086%
- −$3.01
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$26.98
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.05 bp | 6.2 bp −$6 | 8.3 bp −$83 | 20.5 bp −$2,053 | 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 | −0.0892% | 4h | 1,050.2 | −0.056% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.7 | −0.015% | $62.9M | $28.7M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.6 | −0.028% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.8 | +0.182% | $11K | $6.3M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.2 | +0.034% | $129K | $426K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0016% | 1h | 1,051 | +0.013% | $63K | $294K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,050.1 | −0.073% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,050.8 | −0.009% | $1.1M | $4.7M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,050.7 | −0.016% | $1.2M | $4.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.049% | $19K | $5K | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.8 | +0.190% | — | $195K | 25x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,049.6 | −0.116% | $1.9M | $2.3M | 10x | |
| QFEX MU-USD | +0.0054% | 1h | 1,052 | +0.106% | $7.8M | $23.2M | 10x | as long as short |
| Nado MU-PERP | +0.0059% | 1h | 1,052.2 | +0.131% | $275K | $862K | 10x | as long as short |
| Bybit MUUSDT | +0.0091% | 8h | 1,050.9 | +0.008% | $19.2M | $32.6M | 100x | as long as short |
| OKX MU-USDT-SWAPlong | +0.0093% | 8h | 1,050.8 | long leg | $30.9M | $102.2M | 50x | |
| Pacifica MU | +0.0100% | 1h | 1,050.8 | −0.009% | $152K | $177K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.4 | −0.044% | $5.3M | $3.6M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.8 | +0.089% | $836 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0100% | 8h | 1,050.9 | +0.005% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,051.2 | +0.033% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,052.2 | +0.126% | $762K | $1.3M | 10x | as long as short |
| Variational Omni MU | +0.0192% | 8h | 1,051.7 | +0.085% | $2.7M | $2.4M | — | as long as short |
| Polymarket Perps MU-USD | +0.0202% | 1h | 1,051.3 | +0.044% | $170K | $202K | 10x | as long as short |
| Aster MUUSD1 | +0.0203% | 8h | 1,050.6 | −0.027% | $21.6M | $47.8M | 20x | as long as short |
| Binance MUUSDT | +0.0210% | 8h | 1,050.9 | +0.001% | $126.4M | $526.6M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.9 | +0.008% | $71K | $242K | 10x | as long as short |
| Bitget MUUSDT | +0.0276% | 8h | 1,050.7 | −0.014% | $20.6M | $41.7M | 50x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051 | +0.011% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0326% | 8h | 1,053 | +0.204% | $1.5M | $2.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0363% | 1h | 1,050.9 | +0.006% | $71K | $267K | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.3 | −0.051% | $537K | $306K | 15x | as long as short |
| Bullet MU-USD | +0.0425% | 1h | 1,051.8 | +0.087% | $26K | $394K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0448% | 1h | 1,050.5 | −0.032% | $178.2M | $101.6M | 10x | as long as short |
| SoDEX MU-USD | +0.0493% | 1h | 1,051.2 | +0.030% | $690K | $16K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0496% | 1h | 1,049.8 | −0.094% | $558K | $1.1M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0707% | 8h | 1,050.8 | −0.004% | $83K | $1.4M | 10x | as long as short |
OKX MU-USDT-SWAP
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Injective MU/USDC PERP
Bybit MUUSDT
Pacifica MU
KuCoin MUUSDTM
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
Variational Omni MU
Polymarket Perps MU-USD
Aster MUUSD1
Binance MUUSDT
Bitget MUUSDT
RISEx MU/USDC
BloFin MU-USDT
ApeX Omni MUUSDT
Phoenix MU
Bullet MU-USD
tradeXYZ xyz:MU
SoDEX MU-USD
Extended MU_24_5-USD
GRVT MU_USDT_Perp