Funding you earn now, next payment 04:00 UTC+0.0810%/8h= +88.7% APRpaid last 24h −0.004%
Price spread now: Nado against edgeX−0.058%7-day average +0.009% · 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−$27as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 3 days (all we have)−0.267%−$27 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.058%, 7d avg +0.009%
=Together, before fees−0.216%+ Points / potential airdropedgeX: Active · Nado: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.068% cheaper against edgeX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.009%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 3 days funding on this pair cost −0.267%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.267% in total (about -29.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MUUSDC | 1,052.5 | −0.0763 | get 0.0381% / 4h | 16m 44s | $1.3M | $672K | 10x |
| Short | Nado MU-PERP | 1,051.9 | 0.0047 | get 0.0006% / 1h | 16m 44s | $282K | $837K | 10x |
edgeX MUUSDC
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against edgeX. 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
- $170.09
- Price spread: −0.058% → +0.009%
- −$6.79
- Slippage, 4 orders
- −$3.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $143.39
- Costs to cover
- 0.199%
- Break-even
- 1.1 days
Slippage from edgeX: live order book, 2 min ago; Nado: live order book, 42 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 edgeX live order book, 2 min ago | 0.28 bp | 4.9 bp −$5 | 6.6 bp −$66 | 29.1 bp −$2,908 | doesn't fit |
| Sell Nado live order book, 42 min ago | 0.19 bp | 4.8 bp −$5 | 22.5 bp −$225 | 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 MUUSDClong | −0.0763% | 4h | 1,052.5 | long leg | $1.3M | $672K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.5 | +0.001% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.2 | −0.028% | $31.2M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | −0.020% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | −0.043% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.011% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.1 | −0.039% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.4 | −0.010% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | −0.016% | $131K | $434K | 50x | as long as short |
| Variational Omni MU | +0.0012% | 8h | 1,053 | +0.051% | $2.7M | $2.4M | — | as long as short |
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,052.5 | −0.003% | $3K | $44K | 10x | as long as short |
| Bybit MUUSDT | +0.0023% | 8h | 1,052.5 | +0.002% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.2 | −0.031% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.086% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.108% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.040% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.2 | −0.030% | $71K | $234K | 10x | as long as short |
| Binance MUUSDT | +0.0045% | 8h | 1,052.2 | −0.027% | $126.6M | $516.6M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.078% | — | $176K | 25x | as long as short |
| Nado MU-PERPshort | +0.0047% | 1h | 1,051.9 | −0.058% | $282K | $837K | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052 | −0.047% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | −0.037% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.094% | $1.9M | $2.2M | 10x | as long as short |
| Bullet MU-USD | +0.0051% | 1h | 1,052.3 | −0.019% | $25K | $395K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.3 | −0.021% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.2 | −0.031% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052 | −0.047% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.038% | $759K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0088% | 8h | 1,052.4 | −0.006% | $20.5M | $41.1M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0092% | 1h | 1,051.9 | −0.054% | $71K | $437K | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | −0.061% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.3 | −0.022% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052 | −0.049% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.8 | +0.032% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052 | −0.043% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0166% | 8h | 1,052.3 | −0.019% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | +0.001% | $538K | $271K | 15x | as long as short |
Aftermath Perps MUUSD
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Binance MUUSDT
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Bullet MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU