MU

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%

Price spread now: Nado against Injective−1.681%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 1.681% cheaper against Injective than usual: you would sell low and buy high (spread −1.681% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$168 on $10k: about 2 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	15m 03s	$19K	$5K	12x
Short	Nado MU-PERP	1,033.7	0.0123	get 0.0015% / 1h	15m 03s	$269K	$840K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −1.681%Rate

Funding earned: $18.78
Price spread: −1.681% → 0.000%: −$168.05
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$156.3
Costs to cover: 0.070%
Break-even: 65.3 days

Slippage unknown: Injective: no order-book sample; Nado: live order book, 36 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 Injective no order-book sample	—	—	—	—	—
Sell Nado live order book, 36 min ago	0.05 bp	4.5 bp −$5	20.6 bp −$206	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MU on 37 exchanges

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	−0.0748%	4h	1,033.5	−1.700%	$1.3M	$696K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,034.8	−1.573%	$21.2M	$72.4M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,034.6	−1.597%	$120.8M	$550.1M	50x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,034.5	−1.601%	$29.4M	$106.4M	50x	as long as short
Gate MU_USDT	0.0000%	8h	1,034	−1.652%	$61.6M	$28.0M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,034.5	−1.603%	$19.7M	$42.8M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,034.5	−1.600%	$2.6M	$2.6M	—	as long as short
StandX MU-USD	0.0000%	1h	1,034.2	−1.633%	$187K	$3.7M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,035.9	−1.470%	$11K	$5.1M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,034.2	−1.631%	$119K	$475K	50x	as long as short

Show all 37 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH MU	+0.0032%	1h	1,034.1	−1.638%	$1.1M	$4.5M	10x	as long as short
Aftermath Perps MUUSD	+0.0033%	1h	1,033.9	−1.657%	$3K	$42K	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Vest MU-USD-PERP	+0.0046%	1h	1,034.8	−1.577%	—	$177K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,034.1	−1.642%	$167K	$178K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,034	−1.652%	$679K	$13K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,032.5	−1.798%	$1.9M	$3.2M	10x	as long as short
Bybit MUUSDT	+0.0051%	8h	1,034.5	−1.601%	$18.8M	$32.3M	100x	as long as short
QFEX MU-USD	+0.0059%	1h	1,034.4	−1.616%	$7.0M	$19.0M	10x	as long as short
Paradex MU-USD-PERP	+0.0067%	8h	1,034.2	−1.635%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,033.8	−1.673%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,034	−1.652%	$146K	$223K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,033.6	−1.692%	$5.2M	$5.6M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,033.6	−1.686%	$70K	$270K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,034.1	−1.645%	$822	$799	20x	as long as short
RISEx MU/USDC	+0.0107%	1h	1,034.7	−1.589%	$295K	$350K	20x	as long as short
GRVT MU_USDT_Perp	+0.0120%	8h	1,033.6	−1.687%	$76K	$1.4M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,034.4	−1.611%	$1.4M	$2.5M	20x	as long as short
Nado MU-PERPshort	+0.0123%	1h	1,033.7	−1.681%	$269K	$840K	10x
Lighter MU	+0.0136%	1h	1,034.3	−1.622%	$1.0M	$5.1M	20x	as long as short
Arcus MU-USD	+0.0139%	1h	1,033.9	−1.661%	$90K	$148K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0152%	1h	1,033.5	−1.699%	$732K	$1.2M	10x	as long as short
tradeXYZ xyz:MU	+0.0179%	1h	1,034.1	−1.642%	$175.4M	$75.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0185%	1h	1,034	−1.656%	$42K	$702K	10x	as long as short
Bullet MU-USD	+0.0212%	1h	1,034.3	−1.624%	$24K	$386K	10x	as long as short
Extended MU_24_5-USD	+0.0272%	1h	1,033.7	−1.681%	$549K	$1.1M	10x	as long as short
Phoenix MU	+0.0310%	1h	1,033.4	−1.708%	$529K	$269K	15x	as long as short