Funding you earn now, next payment 03:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.011%
Price spread now: Bybit against Ondo Perps+0.077%47s7-day average +0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now +0.077%, 7d avg +0.089%
=Together, before fees+0.134%+ Points / potential airdropOndo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MU-USD.P | 1,051.5 | 0.0050 | pay 0.0006% / 1h | 2m 52s | $1.9M | $2.3M | 10x |
| Short | Bybit MUUSDT | 1,052.3 | 0.0007 | get 0.0007% / 8h | 5h 02m | $19.2M | $32.3M | 100x |
Ondo Perps MU-USD.P
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Ondo Perps. 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
- −$9.1
- Price spread: +0.077% → +0.089%
- −$1.17
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.27
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 1 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.19 bp | 6.2 bp −$6 | 11.6 bp −$116 | 28.5 bp −$2,845 | doesn't fit |
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 | −0.0935% | 4h | 1,052.3 | +0.071% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.069% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.1 | +0.053% | $62.1M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.5 | +0.092% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.9 | +0.032% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053.8 | +0.217% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,051.8 | +0.029% | $69K | $392K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.9 | +0.033% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDTshort | +0.0007% | 8h | 1,052.3 | +0.077% | $19.2M | $32.3M | 100x | |
| OKX MU-USDT-SWAP | +0.0013% | 8h | 1,052.5 | +0.093% | $31.1M | $99.9M | 50x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
OKX MU-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052 | +0.044% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,051.8 | +0.027% | $7.2M | $18.0M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | +0.062% | $1.3M | $4.5M | 10x | as long as short |
| Aster MUUSD1 | +0.0033% | 8h | 1,052.3 | +0.074% | $21.4M | $55.0M | 20x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.015% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.8 | +0.024% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.173% | — | $175K | 25x | as long as short |
| Nado MU-PERP | +0.0047% | 1h | 1,051.8 | +0.028% | $282K | $844K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | +0.036% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | +0.056% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Plong | +0.0050% | 1h | 1,051.5 | long leg | $1.9M | $2.3M | 10x | |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.2 | +0.066% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.2 | +0.068% | $1.1M | $5.1M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0056% | 1h | 1,051.6 | +0.009% | $564K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0061% | 1h | 1,052 | +0.046% | $178.5M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0062% | 1h | 1,052.2 | +0.068% | $26K | $398K | 10x | as long as short |
| Variational Omni MU | +0.0071% | 8h | 1,052.2 | +0.064% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | +0.040% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052 | +0.046% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | +0.050% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052 | +0.041% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.2 | +0.065% | $836 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0102% | 8h | 1,052.3 | +0.078% | $126.7M | $517.6M | 50x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,051.8 | +0.027% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0137% | 8h | 1,052 | +0.048% | $20.6M | $41.0M | 50x | as long as short |
| BloFin MU-USDT | +0.0222% | 8h | 1,052.2 | +0.064% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.5 | +0.093% | $538K | $271K | 15x | as long as short |
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Aster MUUSD1
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Nado MU-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Extended MU_24_5-USD
tradeXYZ xyz:MU
Bullet MU-USD
Variational Omni MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Binance MUUSDT
Aevo MU-PERP
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU