MU

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0003%/8h= −0.3% APRnext payment −$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: SoDEX against Nado+0.034%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.345% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.034%, 7d avg +0.002%

Together, before fees+0.006%+ Points / potential airdropNado: Active · farm board+$1 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: SoDEX is 0.032% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MU-PERP	1,045.3	0.0053	pay 0.0007% / 1h	37m 09s	$281K	$828K	10x
Short	SoDEX MU-USD	1,045.7	0.0050	get 0.0006% / 1h	37m 09s	$686K	$16K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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 NadobpFee SoDEXbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$0.61
Price spread: +0.034% → +0.002%: $3.17
Slippage, 4 orders: −$19.55
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$31.99
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Nado: live order book, 16 min ago; SoDEX: live order book, 17 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 Nado live order book, 16 min ago	0.05 bp	5.4 bp −$5	17.8 bp −$178	doesn't fit	doesn't fit
Sell SoDEX live order book, 17 min ago	0.19 bp	11.8 bp −$12	43.7 bp −$437	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	−0.0636%	4h	1,045.9	+0.061%	$1.3M	$672K	10x	as long as short
Aster MUUSD1	0.0000%	8h	1,046	+0.067%	$21.2M	$56.3M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,046	+0.070%	$125.0M	$518.8M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,046.3	+0.094%	$18.8M	$32.2M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,046	+0.064%	$31.1M	$99.7M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,045.8	+0.049%	$338K	$353K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,045.6	+0.031%	$62.1M	$27.7M	75x	as long as short
Bitget MUUSDT	0.0000%	8h	1,046.1	+0.076%	$20.4M	$41.4M	50x	as long as short
Variational Omni MU	0.0000%	8h	1,047.2	+0.184%	$2.7M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,045.8	+0.047%	$81K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,045.5	+0.015%	$189K	$3.4M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,046.3	+0.099%	$11K	$5.8M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,045.6	+0.030%	$130K	$432K	50x	as long as short
Aftermath Perps MUUSD	+0.0024%	1h	1,046.4	+0.102%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0032%	1h	1,045.6	+0.025%	$7.0M	$17.8M	10x	as long as short
Lighter MU	+0.0032%	1h	1,046	+0.063%	$1.1M	$5.1M	20x	as long as short
Lighter RH MU	+0.0032%	1h	1,046	+0.064%	$1.3M	$4.4M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,045.4	+0.009%	$550K	$1.1M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	+0.580%	$19K	$5K	12x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0037%	1h	1,045.7	+0.036%	$73K	$469K	10x	as long as short
Arcus MU-USD	+0.0040%	1h	1,046.1	+0.080%	$71K	$233K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,046.3	+0.098%	—	$176K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,045.5	+0.020%	$177.1M	$96.5M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,045.6	+0.029%	$170K	$203K	10x	as long as short
SoDEX MU-USDshort	+0.0050%	1h	1,045.7	+0.034%	$686K	$16K	10x
Ondo Perps MU-USD.P	+0.0050%	1h	1,045	−0.033%	$1.9M	$2.2M	10x	as long as short
Paradex MU-USD-PERP	+0.0051%	8h	1,045.7	+0.042%	$2K	—	5x	as long as short
Nado MU-PERPlong	+0.0053%	1h	1,045.3	long leg	$281K	$828K	10x
Bullet MU-USD	+0.0064%	1h	1,046	+0.064%	$25K	$394K	10x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,045.5	+0.019%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,045.6	+0.026%	$147K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,045.6	+0.031%	$5.2M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,045.4	+0.010%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,045.8	+0.047%	$831	$799	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0120%	1h	1,050	+0.453%	$757K	$1.2M	10x	as long as short
BloFin MU-USDT	+0.0120%	8h	1,046.3	+0.091%	$1.5M	$2.0M	20x	as long as short
Phoenix MU	+0.0305%	1h	1,045.6	+0.029%	$535K	$271K	15x	as long as short