Funding you earn now, next payment 00:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.046%
Price spread now: SunX against Nado+0.239%48s7-day average +0.165% · 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—prices read too far apart to compare
costs, in and out, $10k−$750.751% of the position
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.239%, 7d avg +0.165%
=Together, before fees−0.133%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.074% dearer against Nado than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.165%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 3 days (−0.022% in total) that is about 11 days. The two prices were read 48 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 | 1,045.4 | 0.0157 | pay 0.0020% / 1h | 17m 36s | $271K | $875K | 10x |
| Short | SunX MU-USDT | 1,047.9 | 0 | get 0.0000% / 8h | 17m 36s | $12K | $6.5M | 10x |
Nado MU-PERP
SunX MU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$33.02
- Price spread: +0.239% → +0.165%
- $7.38
- Slippage, 4 orders
- −$60.13
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$100.77
- Costs to cover
- 0.751%
- Break-even
- never at this rate
Slippage from Nado: live order book, 61 min ago; SunX: 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, 61 min ago | 0.05 bp | 9.7 bp −$10 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 21.56 bp | 33.0 bp −$33 | 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 | −0.0645% | 4h | 1,045.9 | +0.047% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045.8 | +0.035% | $63.0M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,045.3 | −0.017% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,047.9 | +0.239% | $12K | $6.5M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,045.7 | +0.030% | $129K | $456K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,045.2 | −0.026% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,045.8 | +0.036% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.506% | $14K | $302 | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,046.2 | +0.070% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045.6 | +0.017% | $169K | $193K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.0050% | 1h | 1,046 | +0.058% | $686K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,045 | −0.042% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0071% | 8h | 1,045.9 | +0.043% | $30.8M | $104.7M | 50x | as long as short |
| Lighter MU | +0.0072% | 1h | 1,045.9 | +0.045% | $1.0M | $4.9M | 20x | as long as short |
| QFEX MU-USD | +0.0080% | 1h | 1,045.9 | +0.048% | $7.9M | $23.9M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,045.6 | +0.015% | $153K | $183K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045.7 | +0.026% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.6 | +0.017% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,046.1 | +0.065% | $832 | $799 | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0108% | 8h | 1,045.9 | +0.047% | $2K | — | 5x | as long as short |
| Bullet MU-USD | +0.0112% | 1h | 1,046.1 | +0.066% | $25K | $395K | 10x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,045.9 | +0.044% | $20.5M | $43.5M | 50x | as long as short |
| Aevo MU-PERP | +0.0128% | 1h | 1,045.9 | +0.046% | $33K | — | 10x | as long as short |
| Nado MU-PERPlong | +0.0157% | 1h | 1,045.4 | long leg | $271K | $875K | 10x | |
| Deribit MU_USDC-PERPETUAL | +0.0161% | 1h | 1,046 | +0.051% | $62K | $279K | 10x | as long as short |
| Aster MUUSD1 | +0.0166% | 8h | 1,046.4 | +0.096% | $21.5M | $47.3M | 20x | as long as short |
| Variational Omni MU | +0.0178% | 8h | 1,045.7 | +0.026% | $2.7M | $2.5M | — | as long as short |
| Binance MUUSDT | +0.0190% | 8h | 1,046 | +0.051% | $124.4M | $532.5M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0192% | 1h | 1,045.8 | +0.036% | $176.7M | $104.6M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0219% | 8h | 1,046.1 | +0.067% | $82K | $1.4M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0224% | 1h | 1,044.9 | −0.048% | $757K | $1.3M | 10x | as long as short |
| Bybit MUUSDT | +0.0265% | 8h | 1,046.2 | +0.073% | $19.2M | $32.4M | 100x | as long as short |
| BloFin MU-USDT | +0.0309% | 8h | 1,046.1 | +0.068% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0376% | 1h | 1,045.3 | −0.011% | $541K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0460% | 1h | 1,045.6 | +0.017% | $535K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0462% | 1h | 1,045.9 | +0.041% | $71K | $244K | 10x | as long as short |
| RISEx MU/USDC | +0.0525% | 1h | 1,046.3 | +0.084% | $317K | $339K | 20x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Lighter MU
QFEX MU-USD
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Paradex MU-USD-PERP
Bullet MU-USD
Bitget MUUSDT
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Aster MUUSD1
Variational Omni MU
Binance MUUSDT
tradeXYZ xyz:MU
GRVT MU_USDT_Perp
Coinbase International MU-PERP-INTX
Bybit MUUSDT
BloFin MU-USDT
Extended MU_24_5-USD
Phoenix MU
Arcus MU-USD
RISEx MU/USDC