Funding you earn now, next payment 23:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.035%
Price spread now: Nado against QFEX−0.087%55s7-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—prices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
Funding, last 3 days (all we have)+0.003%$0 on $10k
+Price spread, last 7 days+0.146%+$15 · spread now −0.087%, 7d avg +0.021%
=Together, before fees+0.149%+ Points / potential airdropNado: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.109% cheaper against QFEX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.021%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.003% in total) that is about 4 months. The two prices were read 55 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 | QFEX MU-USD | 1,043.6 | 0.0071 | pay 0.0009% / 1h | 5m 34s | $7.8M | $24.1M | 10x |
| Short | Nado MU-PERP | 1,042.7 | 0.0234 | get 0.0029% / 1h | 5m 34s | $273K | $872K | 10x |
QFEX MU-USD
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against QFEX. 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
- $34.32
- Price spread: −0.087% → +0.021%
- −$10.87
- Slippage, 4 orders
- −$11.99
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$5.54
- Costs to cover
- 0.290%
- Break-even
- 8.1 days
Slippage from QFEX: live order book, 4 min ago; Nado: live order book, 13 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 QFEX live order book, 4 min ago | 0.86 bp | 5.9 bp −$6 | 7.4 bp −$74 | 10.7 bp −$1,070 | doesn't fit |
| Sell Nado live order book, 13 min ago | 0.05 bp | 6.9 bp −$7 | 22.5 bp −$225 | 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 | −0.0371% | 4h | 1,043.4 | −0.019% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | +0.003% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.7 | −0.084% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,045.8 | +0.212% | $11K | $6.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.021% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.4 | −0.015% | $1.2M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.684% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0036% | 1h | 1,043.5 | −0.007% | $3K | $45K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043 | −0.053% | — | $194K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.2 | −0.035% | $165K | $197K | 10x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
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 | 1,043.6 | −0.002% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.7 | −0.081% | $2.0M | $2.7M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0050% | 8h | 1,043.7 | +0.011% | $30.9M | $104.9M | 50x | as long as short |
| QFEX MU-USDlong | +0.0071% | 1h | 1,043.6 | long leg | $7.8M | $24.1M | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,043.8 | +0.019% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.3 | −0.022% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.5 | −0.009% | $71K | $266K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.6 | +0.001% | $830 | $799 | 20x | as long as short |
| Aster MUUSD1 | +0.0112% | 8h | 1,044.2 | +0.057% | $21.5M | $47.4M | 20x | as long as short |
| Bitget MUUSDT | +0.0115% | 8h | 1,043.7 | +0.011% | $20.5M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.4 | −0.016% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0146% | 8h | 1,043.5 | −0.009% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0150% | 8h | 1,043.5 | −0.011% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0175% | 8h | 1,043.8 | +0.020% | $124.7M | $535.2M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.033% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,043.5 | −0.003% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0224% | 8h | 1,043.8 | +0.020% | $77K | $1.4M | 10x | as long as short |
| Nado MU-PERPshort | +0.0234% | 1h | 1,042.7 | −0.087% | $273K | $872K | 10x | |
| Bybit MUUSDT | +0.0262% | 8h | 1,043.9 | +0.034% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0281% | 1h | 1,043.6 | 0.000% | $25K | $396K | 10x | as long as short |
| BloFin MU-USDT | +0.0292% | 8h | 1,043.6 | −0.002% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0327% | 1h | 1,043.6 | +0.003% | $176.3M | $106.5M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,044 | +0.041% | $534K | $306K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0393% | 1h | 1,043.2 | −0.034% | $62K | $252K | 10x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043.1 | −0.041% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,044 | +0.037% | $295K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0704% | 1h | 1,042.5 | −0.103% | $547K | $1.1M | 10x | as long as short |
SoDEX MU-USD
Ondo Perps MU-USD.P
OKX MU-USDT-SWAP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aster MUUSD1
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
GRVT MU_USDT_Perp
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Deribit MU_USDC-PERPETUAL
Arcus MU-USD
RISEx MU/USDC
Extended MU_24_5-USD