MU

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h −0.007%

Price spread now: ApeX Omni against Nado+0.018%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$540.544% of the position

Long on Nado Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.048%+$5 on $10k

Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.018%, 7d avg +0.019%

Together, before fees+0.108%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MU-PERP	1,045.4	0.0256	pay 0.0032% / 1h	44m 51s	$270K	$876K	10x
Short	ApeX Omni MUUSDT	1,045.6	0.0100	get 0.0013% / 1h	44m 51s	$71K	$266K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Nado. 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 NadobpFee ApeX OmnibpOrdersPrice spread, now +0.018%Rate

Funding earned: −$32.85
Price spread: +0.018% → +0.019%: −$0.09
Slippage, 4 orders: −$37.37
Fee Nado: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$87.31
Costs to cover: 0.544%
Break-even: never at this rate

Slippage from Nado: live order book, 34 min ago; ApeX Omni: live order book, 32 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 Nado live order book, 34 min ago	0.05 bp	9.7 bp −$10	20.4 bp −$204	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 32 min ago	7.38 bp	18.3 bp −$18	192.0 bp −$1,920	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	−0.0477%	4h	1,045.5	+0.005%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.8	+0.037%	$63.0M	$29.0M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,045.1	−0.030%	$189K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,048.4	+0.285%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.8	+0.041%	$124K	$446K	50x	as long as short
Lighter RH MU	+0.0032%	1h	1,045.8	+0.040%	$1.2M	$4.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.507%	$14K	$302	12x	as long as short
Aftermath Perps MUUSD	+0.0035%	1h	1,045.2	−0.025%	$3K	$45K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.2	+0.073%	—	$194K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.9	+0.046%	$166K	$197K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MU-USD.P	+0.0050%	1h	1,045.3	−0.011%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0080%	1h	1,046.2	+0.075%	$7.9M	$23.9M	10x	as long as short
OKX MU-USDT-SWAP	+0.0080%	8h	1,045.9	+0.044%	$30.8M	$105.2M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,046.3	+0.085%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.3	−0.009%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDTshort	+0.0100%	1h	1,045.6	+0.018%	$71K	$266K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	+0.035%	$831	$799	20x	as long as short
SoDEX MU-USD	+0.0124%	1h	1,045.9	+0.042%	$686K	$16K	10x	as long as short
Bitget MUUSDT	+0.0136%	8h	1,045.9	+0.046%	$20.5M	$43.6M	50x	as long as short
Aevo MU-PERP	+0.0136%	1h	1,045.9	+0.048%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0156%	8h	1,046.2	+0.075%	$2K	—	5x	as long as short
Aster MUUSD1	+0.0170%	8h	1,046.5	+0.105%	$21.6M	$47.3M	20x	as long as short
Lighter MU	+0.0184%	1h	1,045.8	+0.033%	$1.0M	$4.8M	20x	as long as short
Variational Omni MU	+0.0200%	8h	1,046.3	+0.084%	$2.6M	$2.5M	—	as long as short
Binance MUUSDT	+0.0212%	8h	1,046.1	+0.067%	$124.9M	$533.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0224%	1h	1,045.5	+0.006%	$757K	$1.4M	10x	as long as short
Bullet MU-USD	+0.0247%	1h	1,046.2	+0.075%	$24K	$396K	10x	as long as short
GRVT MU_USDT_Perp	+0.0253%	8h	1,045.7	+0.031%	$77K	$1.4M	10x	as long as short
Nado MU-PERPlong	+0.0256%	1h	1,045.4	long leg	$270K	$876K	10x
Bybit MUUSDT	+0.0285%	8h	1,046.2	+0.077%	$19.2M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0301%	1h	1,045.8	+0.037%	$176.7M	$105.6M	10x	as long as short
BloFin MU-USDT	+0.0332%	8h	1,046	+0.059%	$1.4M	$2.0M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0353%	1h	1,046	+0.052%	$62K	$259K	10x	as long as short
Phoenix MU	+0.0460%	1h	1,046.6	+0.113%	$535K	$306K	15x	as long as short
Arcus MU-USD	+0.0462%	1h	1,045.8	+0.039%	$74K	$240K	10x	as long as short
RISEx MU/USDC	+0.0525%	1h	1,046.6	+0.113%	$317K	$339K	20x	as long as short
Extended MU_24_5-USD	+0.0712%	1h	1,045.1	−0.034%	$540K	$1.1M	10x	as long as short