Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MU-USDT-SWAP1,050.80.0093pay 0.0093% / 8h7h 45m$30.9M$102.2M50x
ShortOndo Perps MU-USD.P1,049.60.0050get 0.0006% / 1h45m 45s$1.9M$2.3M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago0.05 bp6.2 bp −$68.3 bp −$8320.5 bp −$2,053doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0892%4h1,050.2−0.056%$1.3M$673K10xas long as short
Gate MU_USDT0.0000%8h1,050.7−0.015%$62.9M$28.7M75xas long as short
StandX MU-USD0.0000%1h1,050.6−0.028%$190K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,052.8+0.182%$11K$6.3M10xas long as short
HTX MU-USDT0.0000%8h1,051.2+0.034%$129K$426K50xas long as short
Deribit MU_USDC-PERPETUAL+0.0016%1h1,051+0.013%$63K$294K10xas long as short
Aftermath Perps MUUSD+0.0020%1h1,050.1−0.073%$3K$45K10xas long as short
Lighter MU+0.0032%1h1,050.8−0.009%$1.1M$4.7M20xas long as short
Lighter RH MU+0.0032%1h1,050.7−0.016%$1.2M$4.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.049%$19K$5K12xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,052.8+0.190%$195K25xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,049.6−0.116%$1.9M$2.3M10x
QFEX MU-USD+0.0054%1h1,052+0.106%$7.8M$23.2M10xas long as short
Nado MU-PERP+0.0059%1h1,052.2+0.131%$275K$862K10xas long as short
Bybit MUUSDT+0.0091%8h1,050.9+0.008%$19.2M$32.6M100xas long as short
OKX MU-USDT-SWAPlong+0.0093%8h1,050.8long leg$30.9M$102.2M50x
Pacifica MU+0.0100%1h1,050.8−0.009%$152K$177K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,050.4−0.044%$5.3M$3.6M20xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,051.8+0.089%$836$79920xas long as short
Paradex MU-USD-PERP+0.0100%8h1,050.9+0.005%$2K5xas long as short
Aevo MU-PERP+0.0136%1h1,051.2+0.033%$32K$1K10xas long as short
Coinbase International MU-PERP-INTX+0.0184%1h1,052.2+0.126%$762K$1.3M10xas long as short
Variational Omni MU+0.0192%8h1,051.7+0.085%$2.7M$2.4Mas long as short
Polymarket Perps MU-USD+0.0202%1h1,051.3+0.044%$170K$202K10xas long as short
Aster MUUSD1+0.0203%8h1,050.6−0.027%$21.6M$47.8M20xas long as short
Binance MUUSDT+0.0210%8h1,050.9+0.001%$126.4M$526.6M50xas long as short
Arcus MU-USD+0.0240%1h1,050.9+0.008%$71K$242K10xas long as short
Bitget MUUSDT+0.0276%8h1,050.7−0.014%$20.6M$41.7M50xas long as short
RISEx MU/USDC+0.0312%1h1,051+0.011%$316K$339K20xas long as short
BloFin MU-USDT+0.0326%8h1,053+0.204%$1.5M$2.1M20xas long as short
ApeX Omni MUUSDT+0.0363%1h1,050.9+0.006%$71K$267K50xas long as short
Phoenix MU+0.0383%1h1,050.3−0.051%$537K$306K15xas long as short
Bullet MU-USD+0.0425%1h1,051.8+0.087%$26K$394K10xas long as short
tradeXYZ xyz:MU+0.0448%1h1,050.5−0.032%$178.2M$101.6M10xas long as short
SoDEX MU-USD+0.0493%1h1,051.2+0.030%$690K$16K10xas long as short
Extended MU_24_5-USD+0.0496%1h1,049.8−0.094%$558K$1.1M10xas long as short
GRVT MU_USDT_Perp+0.0707%8h1,050.8−0.004%$83K$1.4M10xas long as short