Funding you earn now, next payment 11:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.004%
Price spread now: Arcus against Nado−0.046%7-day average −0.028% · 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−$25as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 4 days (all we have)+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.046%, 7d avg −0.028%
=Together, before fees+0.426%+ Points / potential airdropNado: Active · farm board+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$1 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 | 1,039.7 | 0.0116 | pay 0.0014% / 1h | 52m 08s | $277K | $841K | 10x |
| Short | Arcus MU-USD | 1,039.3 | 0.0139 | get 0.0017% / 1h | 52m 08s | $90K | $148K | 10x |
Nado MU-PERP
Arcus MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Nado. 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
- $5.02
- Price spread: −0.046% → −0.028%
- −$1.88
- Slippage, 4 orders
- −$11.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$20.13
- Costs to cover
- 0.233%
- Break-even
- 35.1 days
Slippage from Nado: live order book, 59 min ago; Arcus: live order book, 59 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, 59 min ago | 0.05 bp | 6.2 bp −$6 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 59 min ago | 2.23 bp | 7.1 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0530% | 4h | 1,038.8 | −0.088% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.3 | +0.051% | $21.2M | $73.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.2 | +0.048% | $121.7M | $555.4M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.1 | +0.036% | $29.7M | $107.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.2 | +0.041% | $61.2M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,040.4 | +0.062% | $19.9M | $43.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,039.5 | −0.027% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.5 | −0.023% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,041.6 | +0.181% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,039.7 | −0.006% | $36K | $718K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,040.2 | +0.047% | $119K | $474K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,040.2 | +0.043% | $1.2M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.117% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0034% | 1h | 1,039.6 | −0.017% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041 | +0.117% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.5 | −0.023% | $169K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.2 | +0.044% | $684K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.1 | −0.058% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040 | +0.021% | $7.0M | $19.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0073% | 8h | 1,040.4 | +0.063% | $18.8M | $32.3M | 100x | as long as short |
| Paradex MU-USD-PERP | +0.0080% | 8h | 1,039.8 | +0.002% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039.7 | −0.008% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.6 | −0.018% | $151K | $227K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.4 | −0.035% | $5.2M | $5.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.4 | +0.063% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040 | +0.025% | $827 | $799 | 20x | as long as short |
| Nado MU-PERPlong | +0.0116% | 1h | 1,039.7 | long leg | $277K | $841K | 10x | |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.1 | +0.034% | $299K | $351K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.9 | +0.106% | $1.5M | $2.6M | 20x | as long as short |
| Arcus MU-USDshort | +0.0139% | 1h | 1,039.3 | −0.046% | $90K | $148K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,039.7 | −0.008% | $728K | $1.2M | 10x | as long as short |
| Bullet MU-USD | +0.0207% | 1h | 1,040.3 | +0.053% | $24K | $386K | 10x | as long as short |
| Lighter MU | +0.0216% | 1h | 1,040.4 | +0.059% | $1.0M | $5.0M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0219% | 8h | 1,040 | +0.027% | $81K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0237% | 1h | 1,040.3 | +0.054% | $177.4M | $75.6M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,039.4 | −0.033% | $532K | $159K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0344% | 1h | 1,039.1 | −0.065% | $551K | $1.1M | 10x | as long as short |
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bybit MUUSDT
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Bullet MU-USD
Lighter MU
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Phoenix MU
Extended MU_24_5-USD