Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Aevo−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Nado is 0.078% cheaper against Aevo than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 19 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,024.8 | 0.0080 | pay 0.0010% / 1h | 26m 32s | $31K | $1K | 10x |
| Short | Nado MU-PERP | 1,024 | 0.0094 | get 0.0012% / 1h | 26m 32s | $264K | $814K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aevo. 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
- $2.94
- Price spread: −0.078% → 0.000%
- −$7.77
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.83
- Costs to cover
- 0.230%
- Break-even
- 73.3 days
Slippage unknown: Aevo: no order-book sample; Nado: live order book, 7 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 7 min ago | 0.05 bp | 6.3 bp −$6 | 22.1 bp −$221 | doesn't fit | doesn't fit |
Aevo: 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 | −0.0522% | 4h | 1,025.4 | +0.060% | $1.3M | $696K | 10x | as long as short |
| Bitget MUUSDT | −0.0022% | 8h | 1,025.2 | +0.036% | $19.7M | $40.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,025.4 | +0.054% | $20.9M | $69.1M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,025.4 | +0.058% | $121.5M | $548.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,025.3 | +0.048% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,025.2 | +0.042% | $29.1M | $102.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,025.3 | +0.053% | $292K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,025 | +0.021% | $61.5M | $28.3M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,025.8 | +0.095% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,025.3 | +0.050% | $73K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,024 | −0.075% | $185K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,026.3 | +0.142% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,025 | +0.021% | $119K | $491K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,025.3 | +0.052% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,025.1 | +0.032% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,025.1 | +0.032% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,024.6 | −0.023% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.592% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,024.7 | −0.010% | $89K | $243K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,024.3 | −0.049% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,023.7 | −0.107% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,024.5 | −0.025% | $672K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,024.9 | +0.009% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0061% | 8h | 1,025.3 | +0.051% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,025.4 | +0.057% | $989K | $5.0M | 20x | as long as short |
| Aevo MU-PERPlong | +0.0080% | 1h | 1,024.8 | long leg | $31K | $1K | 10x | |
| tradeXYZ xyz:MU | +0.0092% | 1h | 1,025.1 | +0.030% | $173.3M | $80.3M | 10x | as long as short |
| Nado MU-PERPshort | +0.0094% | 1h | 1,024 | −0.078% | $264K | $814K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,024.5 | −0.029% | $716K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,025.3 | +0.051% | $145K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,025.1 | +0.027% | $5.1M | $4.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,024.7 | −0.009% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,024.7 | −0.012% | $815 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,025.6 | +0.078% | $1.5M | $2.2M | 20x | as long as short |
| Bullet MU-USD | +0.0125% | 1h | 1,025.3 | +0.051% | $25K | $388K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,024.2 | −0.058% | $524K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0472% | 1h | 1,025.2 | +0.037% | $72K | $629K | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Deribit MU_USDC-PERPETUAL