Funding you earn now, next payment 10:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h +0.003%
Price spread now: Nado against Pacifica−0.013%7-day average +0.022% · 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−$34as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)−0.230%−$23 · spread now −0.013%, 7d avg +0.022%
=Together, before fees−0.246%+ Points / potential airdropPacifica: Active · Nado: Active · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.035% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.022%). If the spread goes back, that is −$3 on $10k: about 4.8 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MU | 1,032.8 | 0.0100 | pay 0.0013% / 1h | 19m 18s | $146K | $223K | 10x |
| Short | Nado MU-PERP | 1,032.6 | 0.0124 | get 0.0016% / 1h | 19m 18s | $269K | $840K | 10x |
Pacifica MU
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Pacifica. 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
- $5.07
- Price spread: −0.013% → +0.022%
- −$3.46
- Slippage, 4 orders
- −$15.74
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$29.13
- Costs to cover
- 0.307%
- Break-even
- 47.2 days
Slippage from Pacifica: live order book, 31 min ago; Nado: live order book, 32 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 Pacifica live order book, 31 min ago | 2.86 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 32 min ago | 0.05 bp | 4.5 bp −$5 | 20.6 bp −$206 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0261% | 4h | 1,033.3 | +0.052% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,033.7 | +0.096% | $21.1M | $72.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,033.2 | +0.045% | $120.5M | $550.0M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,033.3 | +0.048% | $29.4M | $106.4M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,032.9 | +0.013% | $61.5M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,033.1 | +0.038% | $19.7M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | +0.035% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,033.3 | +0.055% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,034.7 | +0.185% | $11K | $5.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,032.3 | −0.046% | $45K | $694K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,032.7 | −0.007% | $119K | $486K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,032.7 | −0.002% | $1.1M | $4.5M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.2 | +0.042% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.802% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,033.6 | +0.078% | — | $177K | 25x | as long as short |
| Bybit MUUSDT | +0.0046% | 8h | 1,033.2 | +0.046% | $18.8M | $32.5M | 100x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,033 | +0.024% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.1 | +0.029% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,031.9 | −0.080% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,032.8 | +0.009% | $7.0M | $19.0M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,033 | +0.027% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,032.6 | −0.014% | $32K | $1K | 10x | as long as short |
| Pacifica MUlong | +0.0100% | 1h | 1,032.8 | long leg | $146K | $223K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,033.1 | +0.032% | $5.2M | $5.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | +0.077% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.2 | +0.045% | $821 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,033.5 | +0.068% | $295K | $350K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.2 | +0.041% | $1.4M | $2.4M | 20x | as long as short |
| Nado MU-PERPshort | +0.0124% | 1h | 1,032.6 | −0.013% | $269K | $840K | 10x | |
| GRVT MU_USDT_Perp | +0.0130% | 8h | 1,033.4 | +0.064% | $76K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,032.8 | +0.009% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,032.6 | −0.016% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | +0.073% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0179% | 1h | 1,032.9 | +0.015% | $174.9M | $75.6M | 10x | as long as short |
| Bullet MU-USD | +0.0215% | 1h | 1,033.2 | +0.047% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,032.3 | −0.047% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,033.6 | +0.082% | $529K | $269K | 15x | as long as short |
HTX MU-USDT
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Bybit MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
GRVT MU_USDT_Perp
Lighter MU
Arcus MU-USD
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU