Funding you earn now, next payment 06:00 UTC+0.0022%/8h= +2.5% APRpaid last 24h +0.015%
Price spread now: Nado against Variational Omni+0.019%7-day average −0.023% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.034%−$3 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.019%, 7d avg −0.023%
=Together, before fees−0.159%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.042% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MU | 1,038.2 | 0 | get 0.0000% / 8h | 2h 35m | $2.6M | $2.4M | — |
| Short | Nado MU-PERP | 1,038.4 | 0.0022 | get 0.0003% / 1h | 35m 04s | $278K | $819K | 10x |
Variational Omni MU
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- $4.72
- Price spread: +0.019% → −0.023%
- $4.18
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $1.9
- Costs to cover
- 0.070%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Nado: live order book, 13 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 4 min ago | 1.88 bp | doesn't fit | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell Nado live order book, 13 min ago | 0.05 bp | 4.4 bp −$4 | 18.4 bp −$184 | 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 | −0.0056% | 4h | 1,039 | +0.071% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.6 | +0.036% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,037.8 | −0.041% | $121.4M | $526.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038 | −0.021% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.1 | −0.114% | $30.1M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039 | +0.068% | $335K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.8 | +0.051% | $61.6M | $28.2M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,038.8 | +0.054% | $20.4M | $41.0M | 50x | as long as short |
| Variational Omni MUlong | 0.0000% | 8h | 1,038.2 | long leg | $2.6M | $2.4M | — | |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039.6 | +0.129% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,039.4 | +0.110% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.1 | +0.174% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.7 | +0.042% | $127K | $447K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,038.7 | +0.039% | $3K | $44K | 10x | as long as short |
| Nado MU-PERPshort | +0.0022% | 1h | 1,038.4 | +0.019% | $278K | $819K | 10x | |
| QFEX MU-USD | +0.0023% | 1h | 1,038.9 | +0.060% | $7.0M | $17.9M | 10x | as long as short |
| Bullet MU-USD | +0.0025% | 1h | 1,039 | +0.071% | $26K | $391K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.6 | +0.032% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.3 | +0.005% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.263% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.5 | +0.019% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.6 | +0.034% | — | $174K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.5 | −0.072% | $176.3M | $92.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.4 | +0.015% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.8 | +0.055% | $682K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.7 | −0.053% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,039 | +0.073% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.7 | +0.044% | $32K | $1K | 10x | as long as short |
| Lighter MU | +0.0088% | 1h | 1,038.8 | +0.055% | $1.0M | $4.9M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.7 | +0.041% | $146K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | −0.008% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | +0.048% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039 | +0.068% | $826 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | +0.004% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,037.9 | −0.037% | $741K | $1.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0174% | 1h | 1,038.8 | +0.050% | $73K | $510K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.9 | −0.034% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Lighter MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
Phoenix MU