Funding you earn now, next payment 22:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.043%
Price spread now: Nado against SunX−0.240%7-day average −0.162% · 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−$77as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 3 days (all we have)+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)+0.200%+$20 · spread now −0.240%, 7d avg −0.162%
=Together, before fees+0.216%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.078% cheaper against SunX than usual: you would sell low and buy high (spread −0.240% now, against its 7-day average of −0.162%). If the spread goes back, that is −$8 on $10k: about 33 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.017% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.017% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,044.4 | 0 | get 0.0000% / 8h | 2h 04m | $11K | $6.7M | 10x |
| Short | Nado MU-PERP | 1,041.9 | 0.0190 | get 0.0024% / 1h | 4m 21s | $306K | $845K | 10x |
SunX MU-USDT
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SunX. 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
- $39.94
- Price spread: −0.240% → −0.162%
- −$7.84
- Slippage, 4 orders
- −$54.57
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$37.47
- Costs to cover
- 0.696%
- Break-even
- 13.6 days
Slippage from SunX: live order book, 4 min ago; Nado: live order book, 19 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 SunX live order book, 4 min ago | 21.57 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 19 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 | −0.0333% | 4h | 1,042.6 | −0.170% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.6 | −0.175% | $30.7M | $104.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.6 | −0.173% | $62.9M | $29.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | −0.169% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,044.4 | long leg | $11K | $6.7M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,042.6 | −0.175% | $125K | $442K | 50x | as long as short |
| Aster MUUSD1 | +0.0003% | 8h | 1,043.1 | −0.123% | $21.5M | $46.4M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,042.6 | −0.168% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.6 | −0.169% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.605% | $14K | $302 | 12x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.3 | −0.203% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.4 | −0.191% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.7 | −0.167% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.6 | −0.266% | $2.0M | $2.6M | 10x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,042.7 | −0.164% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0073% | 8h | 1,042.5 | −0.180% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0087% | 8h | 1,042.7 | −0.162% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.6 | −0.176% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.4 | −0.191% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.8 | −0.150% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.8 | −0.151% | $829 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0110% | 8h | 1,042.8 | −0.148% | $124.7M | $540.4M | 50x | as long as short |
| Aevo MU-PERP | +0.0112% | 1h | 1,042.6 | −0.172% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0113% | 8h | 1,042.6 | −0.167% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0143% | 1h | 1,042.6 | −0.172% | $60K | $234K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | −0.055% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0176% | 8h | 1,042.8 | −0.150% | $82K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0184% | 1h | 1,042.6 | −0.173% | $998K | $4.8M | 20x | as long as short |
| Bybit MUUSDT | +0.0190% | 8h | 1,042.8 | −0.149% | $19.1M | $32.5M | 100x | as long as short |
| Nado MU-PERPshort | +0.0190% | 1h | 1,041.9 | −0.240% | $306K | $845K | 10x | |
| RISEx MU/USDC | +0.0202% | 1h | 1,043 | −0.130% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0210% | 1h | 1,042.5 | −0.181% | $176.2M | $107.3M | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.6 | −0.176% | $63K | $230K | 10x | as long as short |
| BloFin MU-USDT | +0.0230% | 8h | 1,042.7 | −0.161% | $1.5M | $2.1M | 20x | as long as short |
| Bullet MU-USD | +0.0230% | 1h | 1,042.7 | −0.159% | $25K | $400K | 10x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043 | −0.133% | $533K | $303K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0664% | 1h | 1,041.9 | −0.238% | $540K | $1.1M | 10x | as long as short |
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Binance MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Lighter MU
Bybit MUUSDT
RISEx MU/USDC
tradeXYZ xyz:MU
Arcus MU-USD
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Extended MU_24_5-USD