Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.020%
Price spread now: Aster against Nado+0.124%7-day average +0.024% · 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−$19as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 3 days (all we have)+0.002%$0 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.124%, 7d avg +0.024%
=Together, before fees−0.045%+ Points / potential airdropNado: Active · Aster: Stage 5 · farm board−$4 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: Aster is 0.100% dearer against Nado than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,036.2 | 0.0004 | pay 0.0001% / 1h | 31m 59s | $277K | $815K | 10x |
| Short | Aster MUUSD1 | 1,037.5 | 0 | get 0.0000% / 8h | 1h 31m | $21.1M | $58.8M | 20x |
Nado MU-PERP
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$0.89
- Price spread: +0.124% → +0.024%
- $10.03
- Slippage, 4 orders
- −$14.04
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$19.91
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Nado: live order book, 11 min ago; Aster: live order book, 2 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, 11 min ago | 0.05 bp | 7.5 bp −$8 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.01 bp | 5.9 bp −$6 | 14.4 bp −$144 | 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 | −0.0833% | 4h | 1,036.3 | +0.002% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0214% | 8h | 1,037.1 | +0.077% | $20.2M | $40.3M | 50x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,037.5 | +0.124% | $21.1M | $58.8M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,037 | +0.075% | $121.5M | $537.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.1 | +0.079% | $18.5M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.8 | +0.055% | $29.9M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.5 | +0.023% | $314K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.5 | +0.023% | $61.8M | $28.5M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,036.2 | −0.009% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.4 | +0.013% | $73K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,037 | +0.073% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,036.5 | +0.024% | $26K | $389K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,037.8 | +0.154% | $11K | $5.6M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,036.3 | +0.007% | $74K | $561K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.5 | +0.027% | $127K | $441K | 50x | as long as short |
| Nado MU-PERPlong | +0.0004% | 1h | 1,036.2 | long leg | $277K | $815K | 10x | |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,036 | −0.025% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,036.9 | +0.066% | $1.1M | $4.9M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037 | +0.071% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.6 | +0.036% | $540K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,036.5 | +0.024% | $7.0M | $18.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.458% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.3 | +0.002% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.5 | +0.024% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.8 | +0.053% | $176.1M | $88.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.2 | −0.005% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.7 | +0.045% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036 | −0.029% | $1.8M | $2.6M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,036.6 | +0.035% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.2 | −0.001% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.6 | +0.033% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.3 | +0.001% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,036.6 | +0.029% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.3 | +0.006% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,036 | −0.022% | $731K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.1 | +0.080% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,035.9 | −0.034% | $530K | $270K | 15x | as long as short |
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
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
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU