Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%
Price spread now: Coinbase International against Nado−0.016%7-day average −0.016% · 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−$26as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 3 days (all we have)+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.016%, 7d avg −0.016%
=Together, before fees−0.017%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, 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 | 1,052.1 | 0.0048 | pay 0.0006% / 1h | 7m 53s | $282K | $845K | 10x |
| Short | Coinbase International MU-PERP-INTX | 1,051.9 | 0.0096 | get 0.0012% / 1h | 7m 53s | $758K | $1.2M | 10x |
Nado MU-PERP
Coinbase International MU-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $10.16
- Price spread: −0.016% → −0.016%
- −$0.01
- Slippage, 4 orders
- −$9.34
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$16.19
- Costs to cover
- 0.263%
- Break-even
- 18.2 days
Slippage from Nado: live order book, 55 min ago; Coinbase International: live order book, 1 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, 55 min ago | 0.05 bp | 6.2 bp −$6 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 2.85 bp | 7.9 bp −$8 | 8.9 bp −$89 | 59.0 bp −$5,903 | 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 | −0.0620% | 4h | 1,051.9 | −0.024% | $1.3M | $671K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.7 | +0.054% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | +0.021% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | +0.016% | $85K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.1 | −0.003% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.3 | +0.206% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,052.2 | +0.011% | $68K | $387K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.019% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0006% | 8h | 1,052.7 | +0.054% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0017% | 8h | 1,052.5 | +0.039% | $31.1M | $100.0M | 50x | as long as short |
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.5 | −0.062% | $3K | $45K | 10x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,052.3 | +0.014% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.5 | +0.032% | $1.3M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.071% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.7 | −0.039% | $71K | $235K | 10x | as long as short |
| Aster MUUSD1 | +0.0042% | 8h | 1,052.3 | +0.023% | $21.4M | $54.6M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.4 | +0.126% | — | $175K | 25x | as long as short |
| Nado MU-PERPlong | +0.0048% | 1h | 1,052.1 | long leg | $282K | $845K | 10x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | +0.008% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.5 | +0.032% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.069% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.4 | +0.027% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.5 | +0.036% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0061% | 1h | 1,052.1 | −0.001% | $178.5M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,052.6 | +0.042% | $25K | $398K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0072% | 1h | 1,051.7 | −0.041% | $564K | $1.1M | 10x | as long as short |
| Variational Omni MU | +0.0081% | 8h | 1,051.9 | −0.020% | $2.7M | $2.4M | — | as long as short |
| Coinbase International MU-PERP-INTXshort | +0.0096% | 1h | 1,051.9 | −0.016% | $758K | $1.2M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,052 | −0.012% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.002% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.027% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.4 | +0.023% | $837 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0107% | 8h | 1,052.4 | +0.026% | $126.7M | $518.1M | 50x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,052.1 | −0.004% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0129% | 8h | 1,052.4 | +0.029% | $20.6M | $41.1M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,051.7 | −0.039% | $538K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0230% | 8h | 1,052.1 | +0.003% | $1.5M | $2.0M | 20x | as long as short |
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Injective MU/USDC PERP
Arcus MU-USD
Aster MUUSD1
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Binance MUUSDT
Aevo MU-PERP
Bitget MUUSDT
Phoenix MU
BloFin MU-USDT