Funding you earn now, next payment 06:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h −0.007%
Price spread now: Nado against Extended−0.103%7-day average +0.030% · 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−$31as in the Price arb table
costs, in and out, $10k−$180.178% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.103%, 7d avg +0.030%
=Together, before fees−0.025%+ Points / potential airdropExtended: Active · Nado: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.133% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,036.2 | 0.0032 | pay 0.0004% / 1h | 30m 57s | $541K | $1.1M | 10x |
| Short | Nado MU-PERP | 1,035.1 | 0.0023 | get 0.0003% / 1h | 30m 57s | $277K | $819K | 10x |
Extended MU_24_5-USD
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Extended. 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
- −$1.87
- Price spread: −0.103% → +0.030%
- −$13.34
- Slippage, 4 orders
- −$5.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$33
- Costs to cover
- 0.178%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Nado: live order book, 17 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 Extended live order book, 2 min ago | 0.05 bp | 2.9 bp −$3 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Nado live order book, 17 min ago | 0.05 bp | 4.4 bp −$4 | 18.4 bp −$184 | 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 | −0.0955% | 4h | 1,035.8 | −0.037% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037 | +0.076% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.6 | +0.046% | $121.2M | $530.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.7 | +0.052% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.7 | +0.055% | $30.0M | $100.3M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036 | −0.018% | $334K | $370K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.1 | −0.004% | $61.4M | $28.3M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,037 | +0.078% | $20.4M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036 | −0.015% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,035.3 | −0.080% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,035.5 | −0.062% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.3 | +0.111% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,036 | −0.013% | $73K | $512K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.2 | +0.003% | $127K | $447K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,036.9 | +0.069% | $3K | $44K | 10x | as long as short |
| Nado MU-PERPshort | +0.0023% | 1h | 1,035.1 | −0.103% | $277K | $819K | 10x | |
| QFEX MU-USD | +0.0023% | 1h | 1,035.6 | −0.055% | $7.0M | $18.0M | 10x | as long as short |
| Bullet MU-USD | +0.0024% | 1h | 1,035.9 | −0.026% | $25K | $390K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.4 | +0.021% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,036.2 | long leg | $541K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.466% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.4 | +0.025% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.6 | −0.054% | — | $174K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036 | −0.016% | $175.9M | $92.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.4 | −0.074% | $168K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.7 | −0.045% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,034.7 | −0.138% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,035.5 | −0.063% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.5 | −0.064% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.4 | −0.076% | $146K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.3 | +0.012% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,035.3 | −0.088% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.7 | −0.048% | $823 | $799 | 20x | as long as short |
| Lighter MU | +0.0112% | 1h | 1,036.6 | +0.038% | $1.0M | $4.9M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.9 | +0.073% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,035.9 | −0.029% | $731K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.1 | +0.090% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Bullet MU-USD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU