MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0163%/8h= −17.8% APRnext payment −$0.20 per $10,000 · paid last 24h +0.005%

Price spread now: Nado against Arcus+0.004%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$250.255% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.242%+$24 · spread now +0.004%, 7d avg +0.034%

Together, before fees+0.147%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Nado is 0.030% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MU-USD	1,049.2	0.0240	pay 0.0030% / 1h	30m 26s	$71K	$243K	10x
Short	Nado MU-PERP	1,049.2	0.0077	get 0.0010% / 1h	30m 26s	$275K	$858K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee NadobpOrdersPrice spread, now +0.004%Rate

Funding earned: −$34.15
Price spread: +0.004% → +0.034%: −$3.03
Slippage, 4 orders: −$14
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$62.67
Costs to cover: 0.255%
Break-even: never at this rate

Slippage from Arcus: live order book, 43 min ago; Nado: live order book, 43 min ago.

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 Arcus live order book, 43 min ago	2.49 bp	5.9 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit
Sell Nado live order book, 43 min ago	0.05 bp	4.1 bp −$4	16.9 bp −$169	doesn't fit	doesn't fit

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	−0.0111%	4h	1,049.2	+0.004%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,049.8	+0.055%	$62.8M	$28.9M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,048.9	−0.031%	$190K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.6	+0.224%	$11K	$6.2M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,049.5	+0.026%	$129K	$425K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,049.4	+0.016%	$3K	$45K	10x	as long as short
Lighter MU	+0.0032%	1h	1,049.7	+0.046%	$1.1M	$4.8M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,049.6	+0.041%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.206%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,050.3	+0.102%	—	$179K	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	1,049.7	+0.048%	$171K	$203K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,048.8	−0.042%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,049.7	+0.046%	$7.8M	$22.6M	10x	as long as short
Nado MU-PERPshort	+0.0077%	1h	1,049.2	+0.004%	$275K	$858K	10x
Paradex MU-USD-PERP	+0.0090%	8h	1,049.8	+0.053%	$2K	—	5x	as long as short
SoDEX MU-USD	+0.0092%	1h	1,050	+0.074%	$689K	$16K	10x	as long as short
OKX MU-USDT-SWAP	+0.0098%	8h	1,050.2	+0.092%	$30.9M	$102.0M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,049.9	+0.071%	$148K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,049.5	+0.025%	$5.3M	$3.6M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,048.8	−0.035%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050	+0.071%	$835	$799	20x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,049.7	+0.049%	$32K	$1K	10x	as long as short
Bybit MUUSDT	+0.0180%	8h	1,050.3	+0.103%	$19.2M	$32.5M	100x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,048.4	−0.080%	$759K	$1.2M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0198%	1h	1,049.9	+0.064%	$64K	$303K	10x	as long as short
Variational Omni MU	+0.0211%	8h	1,049.7	+0.046%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0219%	8h	1,049.3	+0.009%	$21.6M	$48.3M	20x	as long as short
Binance MUUSDT	+0.0224%	8h	1,050.1	+0.088%	$126.0M	$524.2M	50x	as long as short
Arcus MU-USDlong	+0.0240%	1h	1,049.2	long leg	$71K	$243K	10x
Bullet MU-USD	+0.0241%	1h	1,050.1	+0.086%	$26K	$395K	10x	as long as short
tradeXYZ xyz:MU	+0.0280%	1h	1,049.8	+0.057%	$178.1M	$101.1M	10x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,049.9	+0.066%	$316K	$339K	20x	as long as short
Bitget MUUSDT	+0.0331%	8h	1,050	+0.080%	$20.6M	$41.6M	50x	as long as short
BloFin MU-USDT	+0.0342%	8h	1,049.6	+0.042%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0383%	1h	1,048.3	−0.086%	$536K	$306K	15x	as long as short
Extended MU_24_5-USD	+0.0416%	1h	1,049.4	+0.017%	$566K	$1.2M	10x	as long as short
GRVT MU_USDT_Perp	+0.0570%	8h	1,048.5	−0.066%	$83K	$1.3M	10x	as long as short