MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.033%

Price spread now: Nado against Injective−0.569%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.569% cheaper against Injective than usual: you would sell low and buy high, −$57 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	26m 23s	$19K	$5K	12x
Short	Nado MU-PERP	1,045.4	0.0042	get 0.0005% / 1h	26m 23s	$281K	$828K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −0.569%Rate

Funding earned: $1.81
Price spread: −0.569% → 0.000%: −$56.94
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$62.16
Costs to cover: 0.070%
Break-even: 247.9 days

Slippage unknown: Injective: no order-book sample; Nado: live order book, 27 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 Injective no order-book sample	—	—	—	—	—
Sell Nado live order book, 27 min ago	0.05 bp	5.2 bp −$5	17.1 bp −$171	doesn't fit	doesn't fit

Injective: 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	−0.0080%	4h	1,046.5	−0.463%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,046.1	−0.499%	$21.3M	$56.5M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,045.7	−0.539%	$124.4M	$521.1M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,045.9	−0.523%	$18.8M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,045.5	−0.556%	$31.0M	$99.4M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.7	−0.540%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.5	−0.555%	$62.1M	$27.8M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,045.7	−0.543%	$20.5M	$41.5M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,046.8	−0.438%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,046.9	−0.428%	$79K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,047.2	−0.400%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046	−0.514%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,045.3	−0.576%	$73K	$475K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.9	−0.516%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,045.9	−0.518%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.2	−0.590%	$7.1M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,045.5	−0.557%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.5	−0.560%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,045	−0.601%	$549K	$1.1M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Arcus MU-USD	+0.0040%	1h	1,046.2	−0.494%	$71K	$233K	10x	as long as short
Nado MU-PERPshort	+0.0042%	1h	1,045.4	−0.569%	$281K	$828K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,046.4	−0.470%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0049%	1h	1,045.7	−0.539%	$25K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,045.4	−0.567%	$177.0M	$96.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.4	−0.567%	$170K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,045.5	−0.558%	$686K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,045.6	−0.546%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.9	−0.519%	$1.9M	$2.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,045.1	−0.594%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.6	−0.545%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	−0.548%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,046.6	−0.458%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	−0.532%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,045.6	−0.553%	$752K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,046.1	−0.505%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,046.4	−0.472%	$535K	$271K	15x	as long as short