Funding you earn now, next payment 07:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.007%
Price spread now: Nado against KuCoin−0.038%7-day average +0.018% · 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−$43as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now −0.038%, 7d avg +0.018%
=Together, before fees−0.079%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.057% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUUSDTM | 1,035.8 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $5.2M | $3.9M | 20x |
| Short | Nado MU-PERP | 1,035.4 | 0.0020 | get 0.0002% / 1h | 42m 16s | $277K | $816K | 10x |
KuCoin MUUSDTM
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against KuCoin. 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
- −$16.82
- Price spread: −0.038% → +0.018%
- −$5.66
- Slippage, 4 orders
- −$18.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$60.09
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Nado: live order book, 66 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 KuCoin live order book, 6 min ago | 2.89 bp | 13.7 bp −$14 | 105.7 bp −$1,057 | doesn't fit | doesn't fit |
| Sell Nado live order book, 66 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 | −0.0796% | 4h | 1,036.5 | +0.076% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0154% | 8h | 1,036.1 | +0.031% | $20.2M | $41.4M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,036.6 | +0.084% | $21.1M | $57.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036 | +0.025% | $121.3M | $537.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.2 | +0.044% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.9 | +0.015% | $29.9M | $100.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,035.9 | +0.011% | $314K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035.8 | +0.003% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.4 | +0.066% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.6 | +0.081% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,036.6 | +0.079% | $187K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,036.9 | +0.105% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,035.8 | +0.004% | $74K | $552K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.5 | −0.028% | $127K | $441K | 50x | as long as short |
| Bullet MU-USD | +0.0011% | 1h | 1,035.7 | −0.006% | $26K | $389K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,036.4 | +0.061% | $3K | $44K | 10x | as long as short |
| Nado MU-PERPshort | +0.0020% | 1h | 1,035.4 | −0.038% | $277K | $816K | 10x | |
| Lighter MU | +0.0032% | 1h | 1,036.4 | +0.059% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.3 | +0.047% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,035.6 | −0.013% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,035.4 | −0.033% | $7.0M | $18.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.506% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.2 | +0.044% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.8 | +0.008% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,035.6 | −0.015% | $176.0M | $89.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.5 | −0.025% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.2 | +0.043% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,034.8 | −0.092% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,035.8 | +0.004% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,035.5 | −0.026% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,035.6 | −0.019% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTMlong | +0.0100% | 8h | 1,035.8 | long leg | $5.2M | $3.9M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.8 | +0.100% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036 | +0.024% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | +0.025% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.4 | +0.061% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,036.8 | +0.100% | $530K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Aftermath Perps MUUSD
Lighter MU
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
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
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU