Funding you earn now, next payment 23:00 UTC+0.0185%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.033%
Price spread now: Nado against Aftermath Perps−0.083%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 0.083% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.083% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 36 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps MUUSD | 1,043.5 | 0.0033 | pay 0.0004% / 1h | 17m 54s | $3K | $45K | 10x |
| Short | Nado MU-PERP | 1,042.6 | 0.0218 | get 0.0027% / 1h | 17m 54s | $269K | $873K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Aftermath 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
- $38.77
- Price spread: −0.083% → 0.000%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $14.44
- Costs to cover
- 0.160%
- Break-even
- 4.4 days
Slippage unknown: Aftermath Perps: no order-book sample; Nado: live order book, 65 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 65 min ago | 0.05 bp | 4.2 bp −$4 | 19.4 bp −$194 | doesn't fit | doesn't fit |
Aftermath 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 | −0.0865% | 4h | 1,044.1 | +0.054% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.3 | −0.020% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043.1 | −0.038% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.8 | +0.222% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.6 | +0.005% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.2 | −0.025% | $1.2M | $4.2M | 10x | as long as short |
| Aftermath Perps MUUSDlong | +0.0033% | 1h | 1,043.5 | long leg | $3K | $45K | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.691% | $14K | $302 | 12x | as long as short |
| OKX MU-USDT-SWAP | +0.0036% | 8h | 1,043.4 | −0.013% | $30.8M | $104.8M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043 | −0.046% | — | $194K | 25x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.4 | −0.009% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.5 | 0.000% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.5 | −0.092% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.5 | +0.001% | $7.8M | $24.1M | 10x | as long as short |
| Aster MUUSD1 | +0.0089% | 8h | 1,044.3 | +0.075% | $21.5M | $47.4M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.5 | +0.004% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.4 | −0.006% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.001% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.7 | +0.017% | $830 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0103% | 8h | 1,043.4 | −0.010% | $20.4M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.5 | −0.001% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0136% | 8h | 1,043.5 | −0.002% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0141% | 8h | 1,044 | +0.049% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0161% | 8h | 1,043.6 | +0.012% | $124.7M | $535.8M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.026% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0200% | 1h | 1,043.4 | −0.011% | $999K | $4.8M | 20x | as long as short |
| Nado MU-PERPshort | +0.0218% | 1h | 1,042.6 | −0.083% | $269K | $873K | 10x | |
| GRVT MU_USDT_Perp | +0.0218% | 8h | 1,044.2 | +0.070% | $77K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0244% | 8h | 1,043.6 | +0.009% | $19.2M | $32.7M | 100x | as long as short |
| Bullet MU-USD | +0.0277% | 1h | 1,043.7 | +0.022% | $27K | $396K | 10x | as long as short |
| BloFin MU-USDT | +0.0280% | 8h | 1,043.8 | +0.029% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0324% | 1h | 1,043.3 | −0.019% | $176.2M | $106.7M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.2 | +0.067% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.3 | −0.022% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,043.9 | +0.043% | $295K | $338K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0642% | 1h | 1,043.4 | −0.013% | $61K | $247K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0688% | 1h | 1,042.4 | −0.107% | $547K | $1.1M | 10x | as long as short |
Aftermath Perps MUUSD
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
OKX MU-USDT-SWAP
Polymarket Perps MU-USD
SoDEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD