MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: Ondo Perps against Nado−0.021%7-day average −0.066% · you buy dearer than you sell

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

Long on Nado Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 7 days−0.256%−$26 · spread now −0.021%, 7d avg −0.066%

Together, before fees−0.253%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board−$25 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.045% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MU-PERP	1,050	0.0052	pay 0.0007% / 1h	25m 07s	$282K	$848K	10x
Short	Ondo Perps MU-USD.P	1,049.8	0.0050	get 0.0006% / 1h	25m 07s	$1.9M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 NadobpFee Ondo PerpsbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$0.36
Price spread: −0.021% → −0.066%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$7.81
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 38 min ago; Ondo Perps: no order-book sample. 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 Nado live order book, 38 min ago	0.05 bp	6.2 bp −$6	15.9 bp −$159	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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	−0.0861%	4h	1,049.9	−0.012%	$1.3M	$671K	10x	as long as short
Bybit MUUSDT	0.0000%	8h	1,050.6	+0.053%	$19.1M	$32.3M	100x	as long as short
RISEx MU/USDC	0.0000%	1h	1,050.3	+0.027%	$333K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.1	+0.009%	$62.0M	$27.5M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,050.2	+0.015%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,050.1	+0.001%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,052	+0.185%	$11K	$5.9M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050	−0.009%	$67K	$377K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.1	+0.004%	$129K	$429K	50x	as long as short
Aftermath Perps MUUSD	+0.0020%	1h	1,050	−0.001%	$3K	$45K	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MU-USDT-SWAP	+0.0021%	8h	1,050.2	+0.018%	$31.0M	$99.8M	50x	as long as short
QFEX MU-USD	+0.0030%	1h	1,050.1	+0.006%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.1	+0.001%	$1.2M	$4.3M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.125%	$19K	$5K	12x	as long as short
Extended MU_24_5-USD	+0.0040%	1h	1,049.6	−0.045%	$564K	$1.1M	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,050	−0.001%	$71K	$235K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,051.2	+0.105%	—	$175K	25x	as long as short
Lighter MU	+0.0048%	1h	1,050.2	+0.014%	$1.1M	$4.9M	20x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,049.9	−0.014%	$170K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.1	+0.008%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.Pshort	+0.0050%	1h	1,049.8	−0.021%	$1.9M	$2.3M	10x
Nado MU-PERPlong	+0.0052%	1h	1,050	long leg	$282K	$848K	10x
Paradex MU-USD-PERP	+0.0056%	8h	1,050.3	+0.025%	$2K	—	5x	as long as short
tradeXYZ xyz:MU	+0.0058%	1h	1,049.9	−0.014%	$178.1M	$99.2M	10x	as long as short
Aster MUUSD1	+0.0063%	8h	1,050.3	+0.024%	$21.4M	$52.9M	20x	as long as short
Bullet MU-USD	+0.0067%	1h	1,050.3	+0.024%	$25K	$398K	10x	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,049.9	−0.010%	$756K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,050.2	+0.016%	$149K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.1	+0.005%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,049.7	−0.029%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.2	+0.015%	$835	$799	20x	as long as short
Variational Omni MU	+0.0101%	8h	1,050.2	+0.012%	$2.7M	$2.4M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,049.8	−0.024%	$32K	$1K	10x	as long as short
Bitget MUUSDT	+0.0119%	8h	1,050.4	+0.032%	$20.6M	$41.1M	50x	as long as short
Binance MUUSDT	+0.0128%	8h	1,050.3	+0.022%	$126.5M	$518.7M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,050.4	+0.033%	$537K	$271K	15x	as long as short
BloFin MU-USDT	+0.0248%	8h	1,050.3	+0.025%	$1.5M	$2.0M	20x	as long as short