Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.026%
Price spread now: Nado against BloFin−0.075%7-day average −0.032% · 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−$29as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 3 days (all we have)−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.075%, 7d avg −0.032%
=Together, before fees−0.114%+ Points / potential airdropNado: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.044% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MU-USDT | 1,040.8 | 0.0120 | pay 0.0120% / 8h | 2h 09m | $1.5M | $2.1M | 20x |
| Short | Nado MU-PERP | 1,040 | 0.0022 | get 0.0003% / 1h | 9m 57s | $277K | $817K | 10x |
BloFin MU-USDT
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against BloFin. 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
- −$20.53
- Price spread: −0.075% → −0.032%
- −$4.37
- Slippage, 4 orders
- −$5.93
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$49.83
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Nado: live order book, 38 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 BloFin live order book, 3 min ago | 0.48 bp | 7.6 bp −$8 | 8.4 bp −$84 | 14.8 bp −$1,477 | doesn't fit |
| Sell Nado live order book, 38 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 | −0.0148% | 4h | 1,038.9 | −0.179% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0145% | 8h | 1,041.3 | +0.050% | $20.3M | $41.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.7 | +0.089% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.7 | +0.084% | $122.3M | $535.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.8 | +0.095% | $18.7M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.5 | +0.069% | $30.0M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,040.6 | −0.013% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.3 | +0.052% | $61.7M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.046% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,037.3 | −0.331% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
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 | 1,041 | +0.018% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.1 | +0.128% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.4 | −0.037% | $127K | $438K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,038.1 | −0.253% | $3K | $44K | 10x | as long as short |
| Nado MU-PERPshort | +0.0022% | 1h | 1,040 | −0.075% | $277K | $817K | 10x | |
| QFEX MU-USD | +0.0023% | 1h | 1,040.2 | −0.052% | $7.0M | $18.2M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.1 | +0.028% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.1 | +0.030% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.017% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0037% | 1h | 1,040.6 | −0.017% | $26K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.9 | −0.183% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,040.4 | −0.034% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,041 | +0.021% | $177.0M | $92.0M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.2 | −0.056% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.6 | −0.016% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.7 | −0.109% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,040.7 | −0.012% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0058% | 1h | 1,040.5 | −0.032% | $74K | $529K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.4 | −0.036% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,039.9 | −0.083% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.1 | +0.026% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.5 | −0.120% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.8 | −0.002% | $827 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,040.8 | +0.002% | $1.0M | $5.0M | 20x | as long as short |
| BloFin MU-USDTlong | +0.0120% | 8h | 1,040.8 | long leg | $1.5M | $2.1M | 20x | |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.462% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039 | −0.171% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
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
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU