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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps−0.017%7-day average −0.063% · 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−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.017%, 7d avg −0.063%
Together, before fees−0.012%+ Points / potential airdropOndo Perps: Active · farm board−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.046% dearer against Polymarket Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps MU-USD1,047.60.0050pay 0.0006% / 1h42m 10s$170K$202K10x
ShortOndo Perps MU-USD.P1,047.40.0050get 0.0006% / 1h42m 10s$1.9M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. 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
$0.08
Price spread: −0.017% → −0.063%
$4.56
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$8.36
Costs to cover
0.130%
Break-even
703.6 days
Slippage unknown: Polymarket Perps: live order book, 10 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 Polymarket Perps live order book, 10 min ago2.86 bp6.9 bp −$78.0 bp −$809.3 bp −$932doesn'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−0.0933%4h1,048.6+0.097%$1.3M$673K10xas long as short
Aster MUUSD10.0000%8h1,048.2+0.057%$21.3M$56.2M20xas long as short
Binance MUUSDT0.0000%8h1,048+0.036%$125.4M$517.9M50xas long as short
Bybit MUUSDT0.0000%8h1,048.3+0.063%$19.0M$32.0M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,048+0.037%$31.1M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,047.8+0.021%$338K$353K20xas long as short
Gate MU_USDT0.0000%8h1,047.8+0.017%$62.3M$27.7M75xas long as short
Bitget MUUSDT0.0000%8h1,048+0.039%$20.5M$41.3M50xas long as short
Variational Omni MU0.0000%8h1,048.6+0.093%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,048.5+0.084%$82K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,047.6−0.001%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,048.5+0.090%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,047.6+0.001%$130K$431K50xas long as short
Aftermath Perps MUUSD+0.0024%1h1,047.7+0.009%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,047.7+0.008%$7.1M$17.9M10xas long as short
Lighter MU+0.0032%1h1,048+0.033%$1.1M$5.1M20xas long as short
Lighter RH MU+0.0032%1h1,047.8+0.023%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,047.3−0.033%$553K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.359%$19K$5K12xas long as short
Arcus MU-USD+0.0040%1h1,047.7+0.012%$71K$233K10xas long as short
BloFin MU-USDT+0.0041%8h1,047.6−0.003%$1.5M$2.0M20xas long as short
Vest MU-USD-PERP+0.0046%1h1,048.5+0.086%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,047.5−0.010%$177.6M$97.5M10xas long as short
Polymarket Perps MU-USDlong+0.0050%1h1,047.6long leg$170K$202K10x
SoDEX MU-USD+0.0050%1h1,047.8+0.018%$688K$16K10xas long as short
Ondo Perps MU-USD.Pshort+0.0050%1h1,047.4−0.017%$1.9M$2.2M10x
Paradex MU-USD-PERP+0.0051%8h1,047.9+0.025%$2K5xas long as short
Nado MU-PERP+0.0055%1h1,047.4−0.020%$282K$829K10xas long as short
Deribit MU_USDC-PERPETUAL+0.0065%1h1,047.9+0.030%$73K$465K10xas long as short
Bullet MU-USD+0.0069%1h1,048.1+0.048%$26K$395K10xas long as short
Aevo MU-PERP+0.0080%1h1,047.5−0.006%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,047.7+0.010%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,047.7+0.012%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,048.3+0.066%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,047.7+0.008%$833$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,050+0.232%$757K$1.2M10xas long as short
Phoenix MU+0.0305%1h1,048.4+0.076%$536K$271K15xas long as short