MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Ondo Perps against QFEX+0.071%7-day average −0.046% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on QFEX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 7 days−0.259%−$26 · spread now +0.071%, 7d avg −0.046%

Together, before fees−0.249%+ Points / potential airdropOndo Perps: Active · farm board−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.116% dearer against QFEX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MU-USD	1,048.3	0.0040	pay 0.0005% / 1h	56m 09s	$7.5M	$20.9M	10x
Short	Ondo Perps MU-USD.P	1,049.1	0.0050	get 0.0006% / 1h	56m 09s	$1.9M	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee Ondo PerpsbpOrdersPrice spread, now +0.071%Rate

Funding earned: $2.25
Price spread: +0.071% → −0.046%: $11.62
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.13
Costs to cover: 0.150%
Break-even: 10.5 days

Slippage unknown: QFEX: live order book, 13 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 QFEX live order book, 13 min ago	0.81 bp	5.9 bp −$6	7.0 bp −$70	12.5 bp −$1,253	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	−0.0855%	4h	1,050.5	+0.203%	$1.3M	$670K	10x	as long as short
Nado MU-PERP	−0.0006%	1h	1,048.3	−0.007%	$271K	$859K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,048.5	+0.018%	$62.3M	$27.3M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,049.1	+0.074%	$190K	$3.3M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,048.6	+0.026%	$26K	$397K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,049.6	+0.121%	$11K	$6.1M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,048.3	−0.004%	$65K	$315K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,048.2	−0.010%	$129K	$425K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,049.7	+0.128%	$3K	$45K	10x	as long as short
Lighter MU	+0.0032%	1h	1,048.5	+0.020%	$1.1M	$4.8M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH MU	+0.0032%	1h	1,048.6	+0.021%	$1.2M	$4.1M	10x	as long as short
QFEX MU-USDlong	+0.0040%	1h	1,048.3	long leg	$7.5M	$20.9M	10x
Arcus MU-USD	+0.0040%	1h	1,049.6	+0.123%	$71K	$242K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,049.7	+0.129%	—	$179K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,048.6	+0.026%	$177.9M	$100.3M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,048.4	+0.007%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,048.7	+0.031%	$688K	$16K	10x	as long as short
Ondo Perps MU-USD.Pshort	+0.0050%	1h	1,049.1	+0.071%	$1.9M	$2.4M	10x
Paradex MU-USD-PERP	+0.0078%	8h	1,048.5	+0.014%	$2K	—	5x	as long as short
OKX MU-USDT-SWAP	+0.0094%	8h	1,048.9	+0.051%	$30.9M	$101.4M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,048.8	+0.044%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,048.7	+0.033%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.4	+0.196%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,048.9	+0.051%	$834	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.289%	$19K	$5K	12x	as long as short
Bybit MUUSDT	+0.0113%	8h	1,049	+0.068%	$19.3M	$32.7M	100x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,049.6	+0.119%	$761K	$1.2M	10x	as long as short
Aevo MU-PERP	+0.0144%	1h	1,048.3	−0.001%	$32K	$1K	10x	as long as short
Extended MU_24_5-USD	+0.0168%	1h	1,048.2	−0.010%	$563K	$1.2M	10x	as long as short
Variational Omni MU	+0.0251%	8h	1,048.5	+0.017%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0262%	8h	1,049.2	+0.081%	$21.6M	$49.1M	20x	as long as short
Binance MUUSDT	+0.0266%	8h	1,049	+0.059%	$125.8M	$523.0M	50x	as long as short
Phoenix MU	+0.0383%	1h	1,050.9	+0.245%	$538K	$273K	15x	as long as short
Bitget MUUSDT	+0.0386%	8h	1,048.8	+0.040%	$20.5M	$41.6M	50x	as long as short
BloFin MU-USDT	+0.0388%	8h	1,049.6	+0.121%	$1.5M	$2.0M	20x	as long as short
RISEx MU/USDC	+0.0507%	1h	1,048.7	+0.032%	$315K	$340K	20x	as long as short
GRVT MU_USDT_Perp	+0.0514%	8h	1,050.4	+0.197%	$83K	$1.3M	10x	as long as short