Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.3% APRpaid last 24h +0.015%
Price spread now: Nado against Bybit−0.075%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 3 days (all we have)−0.032%−$3 on $10k
+Price spread, last 7 days+0.175%+$18 · spread now −0.075%, 7d avg −0.024%
=Together, before fees+0.143%+ Points / potential airdropNado: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.051% cheaper against Bybit than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.024%). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,052.8 | 0.0008 | pay 0.0008% / 8h | 5h 07m | $19.2M | $32.3M | 100x |
| Short | Nado MU-PERP | 1,052 | 0.0047 | get 0.0006% / 1h | 7m 17s | $282K | $845K | 10x |
Bybit MUUSDT
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- $8.33
- Price spread: −0.075% → −0.024%
- −$5.15
- Slippage, 4 orders
- −$9.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$24.06
- Costs to cover
- 0.272%
- Break-even
- 27.2 days
Slippage from Bybit: live order book, 1 min ago; Nado: live order book, 56 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 Bybit live order book, 1 min ago | 0.62 bp | 8.0 bp −$8 | 10.8 bp −$108 | 25.4 bp −$2,543 | doesn't fit |
| Sell Nado live order book, 56 min ago | 0.05 bp | 4.4 bp −$4 | 20.2 bp −$202 | 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 | −0.0083% | 4h | 1,052 | −0.070% | $1.3M | $671K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.6 | −0.017% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.045% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | −0.043% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.2 | −0.057% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.3 | +0.144% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.044% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDTlong | +0.0008% | 8h | 1,052.8 | long leg | $19.2M | $32.3M | 100x | |
| OKX MU-USDT-SWAP | +0.0017% | 8h | 1,052.6 | −0.018% | $31.1M | $100.0M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.7 | −0.101% | $3K | $44K | 10x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.3 | −0.046% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | −0.050% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.134% | $19K | $5K | 12x | as long as short |
| Aster MUUSD1 | +0.0039% | 8h | 1,052.3 | −0.042% | $21.4M | $54.7M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.8 | −0.093% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.063% | — | $175K | 25x | as long as short |
| Nado MU-PERPshort | +0.0047% | 1h | 1,052 | −0.075% | $282K | $845K | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.054% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.4 | −0.036% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.131% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.4 | −0.036% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.3 | −0.041% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0062% | 1h | 1,052.3 | −0.045% | $178.5M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,052.5 | −0.024% | $26K | $398K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0072% | 1h | 1,051.8 | −0.096% | $564K | $1.1M | 10x | as long as short |
| Variational Omni MU | +0.0081% | 8h | 1,051.9 | −0.083% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | −0.079% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052 | −0.074% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.062% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.089% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.046% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | −0.067% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0107% | 8h | 1,052.5 | −0.029% | $126.7M | $518.0M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0111% | 1h | 1,052.3 | −0.046% | $69K | $389K | 10x | as long as short |
| Bitget MUUSDT | +0.0132% | 8h | 1,052.4 | −0.031% | $20.6M | $41.1M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.7 | −0.007% | $538K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0230% | 8h | 1,052.1 | −0.060% | $1.5M | $2.0M | 20x | as long as short |
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Aster MUUSD1
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Variational Omni MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Binance MUUSDT
Deribit MU_USDC-PERPETUAL
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT