MU

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.11 per $10,000 · paid last 24h +0.041%

Price spread now: Nado against StandX−0.005%7-day average −0.026% · 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−$27as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on StandX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.052%+$5 on $10k

Price spread, last 7 days−0.005%$0 · spread now −0.005%, 7d avg −0.026%

Together, before fees+0.047%+ Points / potential airdropStandX: Active · Nado: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Nado is 0.021% dearer against StandX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX MU-USD	1,050.6	0	get 0.0000% / 1h	3m 05s	$190K	$3.3M	20x
Short	Nado MU-PERP	1,050.5	0.0085	get 0.0011% / 1h	3m 05s	$274K	$857K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against StandX. 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 StandXbpFee NadobpOrdersPrice spread, now −0.005%Rate

Funding earned: $17.83
Price spread: −0.005% → −0.026%: $2.13
Slippage, 4 orders: −$14.31
Fee StandX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$9.35
Costs to cover: 0.293%
Break-even: 10.7 days

Slippage from StandX: live order book, 1 min ago; Nado: live order book, 5 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 StandX live order book, 1 min ago	2.90 bp	7.2 bp −$7	13.9 bp −$139	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.05 bp	5.0 bp −$5	17.9 bp −$179	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	−0.0631%	4h	1,051.5	+0.086%	$1.3M	$671K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.6	−0.002%	$62.6M	$29.1M	75x	as long as short
StandX MU-USDlong	0.0000%	1h	1,050.6	long leg	$190K	$3.3M	20x
SunX MU-USDT	0.0000%	8h	1,051.9	+0.125%	$11K	$6.1M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.3	−0.030%	$65K	$313K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.5	−0.013%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,051	+0.038%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.5	−0.006%	$1.2M	$4.2M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.073%	$19K	$5K	12x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.8	+0.114%	—	$179K	25x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MU	+0.0048%	1h	1,050.5	−0.009%	$1.1M	$4.8M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.5	−0.009%	$171K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.5	−0.013%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.9	−0.065%	$2.0M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,050.6	+0.005%	$7.6M	$21.1M	10x	as long as short
Paradex MU-USD-PERP	+0.0083%	8h	1,051	+0.035%	$2K	—	5x	as long as short
Nado MU-PERPshort	+0.0085%	1h	1,050.5	−0.005%	$274K	$857K	10x
Pacifica MU	+0.0100%	1h	1,050.8	+0.016%	$149K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.5	−0.011%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,051.9	+0.122%	$71K	$267K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.7	+0.010%	$835	$799	20x	as long as short
OKX MU-USDT-SWAP	+0.0105%	8h	1,050.7	+0.007%	$30.9M	$101.6M	50x	as long as short
Aevo MU-PERP	+0.0152%	1h	1,050.4	−0.015%	$32K	$1K	10x	as long as short
Bullet MU-USD	+0.0168%	1h	1,050.7	+0.010%	$26K	$396K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,050.5	−0.010%	$762K	$1.2M	10x	as long as short
Bybit MUUSDT	+0.0189%	8h	1,050.9	+0.031%	$19.4M	$32.6M	100x	as long as short
tradeXYZ xyz:MU	+0.0194%	1h	1,050.4	−0.018%	$178.4M	$100.2M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,051.1	+0.045%	$71K	$242K	10x	as long as short
Variational Omni MU	+0.0256%	8h	1,051.6	+0.091%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0268%	8h	1,051	+0.038%	$21.6M	$48.4M	20x	as long as short
Binance MUUSDT	+0.0271%	8h	1,050.5	−0.005%	$126.3M	$521.4M	50x	as long as short
Extended MU_24_5-USD	+0.0272%	1h	1,050.1	−0.049%	$558K	$1.2M	10x	as long as short
RISEx MU/USDC	+0.0312%	1h	1,050.9	+0.028%	$316K	$340K	20x	as long as short
Phoenix MU	+0.0383%	1h	1,051.6	+0.096%	$538K	$306K	15x	as long as short
BloFin MU-USDT	+0.0391%	8h	1,050.6	+0.005%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0417%	8h	1,050.9	+0.026%	$20.6M	$41.6M	50x	as long as short
GRVT MU_USDT_Perp	+0.0582%	8h	1,051.5	+0.087%	$83K	$1.3M	10x	as long as short