Funding you earn now, next payment 23:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.018%
Price spread now: Nado against OKX−0.089%7-day average −0.021% · 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−$28as in the Price arb table
costs, in and out, $10k−$210.211% of the position
Funding, last 3 days (all we have)−0.023%−$2 on $10k
+Price spread, last 7 days+0.130%+$13 · spread now −0.089%, 7d avg −0.021%
=Together, before fees+0.107%+ Points / potential airdropNado: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.069% cheaper against OKX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of −0.021%). If the spread goes back, that is −$7 on $10k: about 31 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MU-USDT-SWAP | 1,043.7 | 0.0003 | pay 0.0003% / 8h | 1h 49m | $30.7M | $104.5M | 50x |
| Short | Nado MU-PERP | 1,042.7 | 0.0181 | get 0.0023% / 1h | 49m 18s | $301K | $848K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against OKX. 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
- $37.49
- Price spread: −0.089% → −0.021%
- −$6.87
- Slippage, 4 orders
- −$4.06
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $9.57
- Costs to cover
- 0.211%
- Break-even
- 5.2 days
Slippage from OKX: live order book, 5 min ago; Nado: live order book, 34 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 OKX live order book, 5 min ago | 0.05 bp | 5.0 bp −$5 | 6.6 bp −$66 | 19.4 bp −$1,945 | doesn't fit |
| Sell Nado live order book, 34 min ago | 0.05 bp | 4.2 bp −$4 | 19.4 bp −$194 | 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 | −0.0180% | 4h | 1,043.7 | 0.000% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.7 | 0.000% | $62.9M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,043 | −0.063% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.7 | +0.195% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.027% | $125K | $441K | 50x | as long as short |
| OKX MU-USDT-SWAPlong | +0.0003% | 8h | 1,043.7 | long leg | $30.7M | $104.5M | 50x | |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,043.3 | −0.033% | $3K | $44K | 10x | as long as short |
| Aster MUUSD1 | +0.0030% | 8h | 1,044.1 | +0.042% | $21.5M | $47.0M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.3 | −0.032% | $1.1M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.676% | $14K | $302 | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.3 | −0.036% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.4 | −0.024% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.7 | +0.004% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.8 | −0.080% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.5 | −0.013% | $7.8M | $24.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0078% | 8h | 1,043.7 | +0.007% | $20.4M | $43.0M | 50x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.2 | −0.048% | $154K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.9 | −0.072% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.6 | −0.003% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.6 | −0.003% | $830 | $799 | 20x | as long as short |
| Variational Omni MU | +0.0105% | 8h | 1,043.7 | +0.005% | $2.6M | $2.7M | — | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,043.5 | −0.010% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0115% | 8h | 1,043.6 | −0.004% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0127% | 8h | 1,043.8 | +0.017% | $125.0M | $537.9M | 50x | as long as short |
| Lighter MU | +0.0176% | 1h | 1,043.4 | −0.021% | $1.0M | $4.8M | 20x | as long as short |
| Nado MU-PERPshort | +0.0181% | 1h | 1,042.7 | −0.089% | $301K | $848K | 10x | |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.8 | +0.016% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0192% | 8h | 1,043.7 | +0.009% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0201% | 8h | 1,043.9 | +0.020% | $19.1M | $32.5M | 100x | as long as short |
| Bullet MU-USD | +0.0240% | 1h | 1,043.7 | +0.001% | $25K | $400K | 10x | as long as short |
| BloFin MU-USDT | +0.0247% | 8h | 1,044 | +0.033% | $1.5M | $2.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0336% | 1h | 1,043.6 | −0.005% | $176.3M | $107.0M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044.3 | +0.062% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.4 | −0.024% | $63K | $230K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044.1 | +0.042% | $285K | $333K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0546% | 1h | 1,043.5 | −0.015% | $60K | $240K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0600% | 1h | 1,042.7 | −0.092% | $540K | $1.1M | 10x | as long as short |
OKX MU-USDT-SWAP
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Aster MUUSD1
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Variational Omni MU
Paradex MU-USD-PERP
Binance MUUSDT
Lighter MU
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD