Funding you earn now, next payment 09:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Pacifica against Nado+0.014%7-day average −0.021% · 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−$27as in the Price arb table
costs, in and out, $10k−$300.301% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.014%, 7d avg −0.021%
=Together, before fees−0.123%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Pacifica is 0.035% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,030.7 | 0.0090 | pay 0.0011% / 1h | 45m 14s | $273K | $806K | 10x |
| Short | Pacifica MU | 1,030.9 | 0.0100 | get 0.0013% / 1h | 45m 14s | $146K | $194K | 10x |
Nado MU-PERP
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $2.16
- Price spread: +0.014% → −0.021%
- $3.53
- Slippage, 4 orders
- −$15.11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$24.41
- Costs to cover
- 0.301%
- Break-even
- 86.0 days
Slippage from Nado: live order book, 53 min ago; Pacifica: live order book, 53 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, 53 min ago | 0.05 bp | 7.0 bp −$7 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 53 min ago | 1.93 bp | 9.7 bp −$10 | doesn't fit | 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 | −0.0134% | 4h | 1,031.6 | +0.082% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0088% | 8h | 1,031 | +0.029% | $19.8M | $40.0M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,031.2 | +0.044% | $21.1M | $68.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,030.9 | +0.012% | $121.4M | $542.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,031.4 | +0.063% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,030.8 | +0.007% | $29.6M | $100.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,031.1 | +0.032% | $310K | $380K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,030.9 | +0.018% | $61.9M | $27.8M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,030.2 | −0.048% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,031.9 | +0.110% | $72K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
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 | 1,030.1 | −0.062% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,032.2 | +0.145% | $11K | $5.4M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,030.9 | +0.015% | $119K | $492K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,030.9 | +0.018% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,030.8 | +0.008% | $6.9M | $18.7M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,030.8 | +0.008% | $1.1M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,030.1 | −0.065% | $540K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.002% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,030.8 | +0.006% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,030.5 | −0.018% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,030.5 | −0.022% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,030.6 | −0.015% | $676K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,030.1 | −0.063% | $1.9M | $2.8M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,031.1 | +0.036% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,030.8 | +0.011% | $990K | $4.9M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0072% | 1h | 1,030.4 | −0.032% | $174.4M | $80.4M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,030.4 | −0.028% | $32K | $1K | 10x | as long as short |
| Nado MU-PERPlong | +0.0090% | 1h | 1,030.7 | long leg | $273K | $806K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.1 | −0.059% | $719K | $1.1M | 10x | as long as short |
| Bullet MU-USD | +0.0099% | 1h | 1,030.8 | +0.007% | $25K | $390K | 10x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,030.9 | +0.014% | $146K | $194K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,030.7 | −0.003% | $5.1M | $4.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,030 | −0.073% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,030.8 | +0.011% | $820 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,031.2 | +0.044% | $1.5M | $2.2M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0129% | 1h | 1,030.7 | 0.000% | $73K | $625K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,030.5 | −0.022% | $527K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
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
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Bullet MU-USD
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU