Funding you earn now, next payment 07:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h −0.008%
Price spread now: Binance against Nado+0.041%7-day average +0.029% · 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−$24as in the Price arb table
costs, in and out, $10k−$260.257% of the position
Funding, last 3 days (all we have)+0.044%+$4 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now +0.041%, 7d avg +0.029%
=Together, before fees+0.092%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,036.6 | −0.0003 | get 0.0000% / 1h | 2m 28s | $279K | $809K | 10x |
| Short | Binance MUUSDT | 1,037 | 0 | get 0.0000% / 8h | 1h 02m | $122.1M | $538.8M | 50x |
Nado MU-PERP
Binance MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.66
- Price spread: +0.041% → +0.029%
- $1.23
- Slippage, 4 orders
- −$8.73
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$23.84
- Costs to cover
- 0.257%
- Break-even
- 258.7 days
Slippage from Nado: live order book, 41 min ago; Binance: live order book, 11 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, 41 min ago | 0.05 bp | 7.5 bp −$8 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.05 bp | 5.7 bp −$6 | 7.1 bp −$71 | 18.2 bp −$1,817 | 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 | −0.0773% | 4h | 1,038 | +0.139% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0153% | 8h | 1,037.2 | +0.062% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERPlong | −0.0003% | 1h | 1,036.6 | long leg | $279K | $809K | 10x | |
| Aster MUUSD1 | 0.0000% | 8h | 1,037.4 | +0.077% | $21.1M | $63.7M | 20x | as long as short |
| Binance MUUSDTshort | 0.0000% | 8h | 1,037 | +0.041% | $122.1M | $538.8M | 50x | |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.1 | +0.049% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.9 | +0.032% | $29.7M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.1 | +0.046% | $313K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.5 | −0.010% | $61.4M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | +0.178% | $2.5M | $2.5M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.8 | +0.119% | $83K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,037.1 | +0.049% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,036.9 | +0.032% | $24K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.8 | +0.215% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.5 | −0.011% | $127K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,037.3 | +0.074% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,036.5 | −0.003% | $1.0M | $5.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,036.4 | −0.016% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.4 | −0.014% | $554K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,036.6 | +0.005% | $7.0M | $18.8M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.426% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.1 | +0.047% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.9 | +0.027% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.7 | +0.012% | $176.2M | $85.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.7 | +0.012% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.7 | +0.016% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036.4 | −0.015% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,036.9 | +0.027% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.3 | −0.023% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.8 | +0.017% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.7 | +0.012% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.6 | +0.100% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.5 | −0.008% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,038.8 | +0.213% | $734K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.9 | +0.028% | $1.5M | $2.1M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0165% | 1h | 1,036.4 | −0.019% | $74K | $580K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.3 | +0.070% | $531K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
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
Deribit MU_USDC-PERPETUAL
Phoenix MU