MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.005%

Price spread now: Extended against Nado−0.118%51s7-day average −0.030% · 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—prices read too far apart to compare

costs, in and out, $10k−$200.198% of the position

Long on Nado Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.028%+$3 on $10k

Price spread, last 7 days+0.199%+$20 · spread now −0.118%, 7d avg −0.030%

Together, before fees+0.226%+ Points / potential airdropNado: Active · Extended: Active · farm board+$23 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: Extended is 0.087% cheaper against Nado than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.030%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MU-PERP	1,044.9	0.0041	pay 0.0005% / 1h	23m 43s	$281K	$828K	10x
Short	Extended MU_24_5-USD	1,043.7	0.0032	get 0.0004% / 1h	23m 43s	$548K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$1.79
Price spread: −0.118% → −0.030%: −$8.72
Slippage, 4 orders: −$7.78
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$30.29
Costs to cover: 0.198%
Break-even: never at this rate

Slippage from Nado: live order book, 30 min ago; Extended: live order book, 4 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, 30 min ago	0.05 bp	5.4 bp −$5	17.8 bp −$178	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.05 bp	2.8 bp −$3	9.1 bp −$91	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	−0.0396%	4h	1,046.6	+0.161%	$1.3M	$671K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,045	+0.007%	$21.2M	$56.6M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,044.2	−0.066%	$124.3M	$522.0M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,044.3	−0.056%	$18.7M	$31.8M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.9	−0.095%	$30.9M	$99.4M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,044.2	−0.068%	$337K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.9	−0.098%	$62.0M	$27.8M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,044.2	−0.066%	$20.5M	$41.6M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,045.4	+0.053%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,046.9	+0.188%	$79K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,045.6	+0.069%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.8	−0.013%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,044.2	−0.068%	$73K	$475K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,044.2	−0.066%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0023%	1h	1,045.5	+0.058%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,043.9	−0.098%	$7.0M	$17.9M	10x	as long as short
Lighter MU	+0.0032%	1h	1,044	−0.090%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,043.9	−0.098%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USDshort	+0.0032%	1h	1,043.7	−0.118%	$548K	$1.1M	10x
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.619%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,045	+0.012%	$71K	$233K	10x	as long as short
Nado MU-PERPlong	+0.0041%	1h	1,044.9	long leg	$281K	$828K	10x
Vest MU-USD-PERP	+0.0046%	1h	1,045.1	+0.021%	—	$176K	25x	as long as short
Bullet MU-USD	+0.0046%	1h	1,044.4	−0.047%	$25K	$394K	10x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,043.6	−0.124%	$176.6M	$95.3M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,044.2	−0.066%	$169K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,044.4	−0.047%	$685K	$16K	10x	as long as short
Paradex MU-USD-PERP	+0.0050%	8h	1,044.1	−0.079%	$2K	—	5x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,043.6	−0.125%	$1.9M	$2.2M	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,043.8	−0.105%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,044	−0.082%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,044.3	−0.058%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.8	+0.088%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,044.8	−0.006%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,045.6	+0.063%	$752K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,045.5	+0.054%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,045.9	+0.096%	$535K	$271K	15x	as long as short