MU

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.025%

Price spread now: Injective against Nado+2.582%109s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 2.582% dearer against Nado than usual: you sell high and buy low (spread +2.582% now, against zero (this spread has no 7-day history yet)): +$258 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6 months. The two prices were read 109 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	1,024.9	0.0081	pay 0.0010% / 1h	31m 35s	$264K	$815K	10x
Short	Injective MU/USDC PERP	1,051.4	0.0033	get 0.0004% / 1h	31m 35s	$19K	$5K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.582%Rate

Funding earned: −$10
Price spread: +2.582% → 0.000%: $258.19
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $241.17
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Nado: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.

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, 2 min ago	0.05 bp	5.7 bp −$6	24.6 bp −$246	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0820%	4h	1,027.6	+0.264%	$1.3M	$696K	10x	as long as short
Bitget MUUSDT	−0.0044%	8h	1,025.8	+0.087%	$19.7M	$40.5M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,026.2	+0.127%	$20.9M	$69.0M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,025.9	+0.100%	$121.6M	$546.6M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,025.5	+0.056%	$18.5M	$32.3M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,025.8	+0.091%	$29.3M	$101.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,025.6	+0.068%	$308K	$373K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,024.9	+0.003%	$61.8M	$28.1M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,028.1	+0.310%	$2.5M	$2.6M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,028.5	+0.354%	$72K	$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	1,026.3	+0.136%	$186K	$3.6M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,026.4	+0.146%	$11K	$5.4M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,025.8	+0.084%	$119K	$489K	50x	as long as short
QFEX MU-USD	+0.0027%	1h	1,024.9	−0.001%	$6.9M	$18.9M	10x	as long as short
Aftermath Perps MUUSD	+0.0027%	1h	1,027.8	+0.286%	$3K	$43K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,024.9	+0.004%	$1.1M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,024.4	−0.044%	$541K	$1.1M	10x	as long as short
Injective MU/USDC PERPshort	+0.0033%	1h	1,051.4	+2.582%	$19K	$5K	12x
Arcus MU-USD	+0.0040%	1h	1,024.9	−0.001%	$89K	$244K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,025.1	+0.018%	—	$179K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,024.6	−0.029%	$166K	$177K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,025.6	+0.068%	$673K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,024.2	−0.066%	$1.9M	$3.0M	10x	as long as short
Lighter MU	+0.0056%	1h	1,025	+0.013%	$969K	$5.0M	20x	as long as short
Paradex MU-USD-PERP	+0.0057%	8h	1,025.1	+0.023%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,024.6	−0.026%	$31K	$1K	10x	as long as short
Nado MU-PERPlong	+0.0081%	1h	1,024.9	long leg	$264K	$815K	10x
tradeXYZ xyz:MU	+0.0081%	1h	1,025.1	+0.020%	$173.4M	$80.0M	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,029.2	+0.420%	$719K	$1.1M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,024.8	−0.006%	$145K	$194K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,024.9	−0.002%	$5.1M	$4.6M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,027.7	+0.277%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,026.1	+0.119%	$816	$799	20x	as long as short
Bullet MU-USD	+0.0103%	1h	1,025.6	+0.068%	$25K	$388K	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,028	+0.299%	$1.5M	$2.2M	20x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0170%	1h	1,025.1	+0.018%	$72K	$629K	10x	as long as short
Phoenix MU	+0.0231%	1h	1,027.6	+0.264%	$526K	$270K	15x	as long as short