MU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.018%

Price spread now: Nado against Polymarket Perps−0.047%7-day average +0.028% · 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−$30as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Polymarket Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$1 on $10k

Price spread, last 3 days (all we have)+0.055%+$5 · spread now −0.047%, 7d avg +0.028%

Together, before fees+0.040%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.075% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.028%). If the spread goes back, that is −$8 on $10k: about 3.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MU-USD	1,043	0.0050	pay 0.0006% / 1h	59m 26s	$165K	$180K	10x
Short	Nado MU-PERP	1,042.5	0.0129	get 0.0016% / 1h	59m 26s	$307K	$845K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Polymarket Perps. 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 Polymarket PerpsbpFee NadobpOrdersPrice spread, now −0.047%Rate

Funding earned: $16.57
Price spread: −0.047% → +0.028%: −$7.53
Slippage, 4 orders: −$7.31
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.27
Costs to cover: 0.223%
Break-even: 12.6 days

Slippage from Polymarket Perps: live order book, 22 min ago; Nado: live order book, 24 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 Polymarket Perps live order book, 22 min ago	1.44 bp	5.4 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell Nado live order book, 24 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	−0.0011%	4h	1,042.9	−0.006%	$1.3M	$674K	10x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,043.5	+0.047%	$30.7M	$104.4M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.4	+0.035%	$62.9M	$28.8M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,042.6	−0.035%	$188K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,044.8	+0.175%	$11K	$6.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,042.7	−0.028%	$125K	$441K	50x	as long as short
Aster MUUSD1	+0.0011%	8h	1,043.6	+0.053%	$21.5M	$46.9M	20x	as long as short
Aftermath Perps MUUSD	+0.0029%	1h	1,042.5	−0.052%	$3K	$44K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,043	−0.004%	$1.1M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.739%	$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	1,042.9	−0.012%	—	$193K	25x	as long as short
Polymarket Perps MU-USDlong	+0.0050%	1h	1,043	long leg	$165K	$180K	10x
SoDEX MU-USD	+0.0050%	1h	1,042.9	−0.006%	$684K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042	−0.097%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0057%	1h	1,043.1	+0.012%	$7.8M	$24.1M	10x	as long as short
Bitget MUUSDT	+0.0072%	8h	1,043.3	+0.026%	$20.4M	$43.0M	50x	as long as short
Variational Omni MU	+0.0089%	8h	1,042.9	−0.005%	$2.7M	$2.7M	—	as long as short
Pacifica MU	+0.0100%	1h	1,042.7	−0.033%	$153K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.5	−0.051%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,042.4	−0.057%	$71K	$266K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.1	+0.012%	$829	$799	20x	as long as short
Paradex MU-USD-PERP	+0.0107%	8h	1,043.1	+0.013%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0112%	1h	1,042.8	−0.019%	$33K	—	10x	as long as short
Binance MUUSDT	+0.0112%	8h	1,043.4	+0.039%	$124.8M	$540.8M	50x	as long as short
Nado MU-PERPshort	+0.0129%	1h	1,042.5	−0.047%	$307K	$845K	10x
Deribit MU_USDC-PERPETUAL	+0.0143%	1h	1,043	0.000%	$60K	$237K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,043.8	+0.079%	$756K	$1.4M	10x	as long as short
Lighter MU	+0.0168%	1h	1,043	−0.001%	$998K	$4.7M	20x	as long as short
GRVT MU_USDT_Perp	+0.0178%	8h	1,043	−0.003%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0190%	8h	1,043.5	+0.045%	$19.1M	$32.5M	100x	as long as short
Phoenix MU	+0.0230%	1h	1,043	0.000%	$533K	$303K	15x	as long as short
BloFin MU-USDT	+0.0231%	8h	1,042.9	−0.010%	$1.5M	$2.1M	20x	as long as short
Bullet MU-USD	+0.0240%	1h	1,043.5	+0.049%	$25K	$400K	10x	as long as short
tradeXYZ xyz:MU	+0.0276%	1h	1,043	0.000%	$176.2M	$107.4M	10x	as long as short
Arcus MU-USD	+0.0435%	1h	1,042.8	−0.016%	$63K	$230K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,043.3	+0.028%	$285K	$333K	20x	as long as short
Extended MU_24_5-USD	+0.0624%	1h	1,042.2	−0.081%	$540K	$1.1M	10x	as long as short