Funding you earn now, next payment 05:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against ApeX Omni−0.003%7-day average −0.023% · 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−$49as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.003%, 7d avg −0.023%
=Together, before fees−0.119%+ Points / potential airdropNado: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MUUSDT | 1,042.3 | 0.0100 | pay 0.0013% / 1h | 3m 06s | $71K | $269K | 50x |
| Short | Nado MU-PERP | 1,042.3 | 0.0032 | get 0.0004% / 1h | 3m 06s | $281K | $823K | 10x |
ApeX Omni MUUSDT
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against ApeX 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
- −$14.24
- Price spread: −0.003% → −0.023%
- $1.99
- Slippage, 4 orders
- −$34.18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$63.44
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 49 min ago; Nado: live order book, 50 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 ApeX Omni live order book, 49 min ago | 8.58 bp | 21.3 bp −$21 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell Nado live order book, 50 min ago | 0.05 bp | 5.2 bp −$5 | 17.1 bp −$171 | 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 | −0.0412% | 4h | 1,042.8 | +0.047% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,042.1 | −0.021% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.6 | −0.068% | $123.3M | $525.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.7 | −0.055% | $18.6M | $31.9M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.4 | −0.084% | $30.7M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.7 | −0.058% | $336K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.5 | −0.076% | $61.9M | $28.1M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,041.7 | −0.052% | $20.4M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,043.3 | +0.098% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,043 | +0.072% | $83K | $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
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 | 1,042.8 | +0.047% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043.2 | +0.083% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,041.7 | −0.058% | $129K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,042.4 | +0.014% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,041.8 | −0.051% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,041.6 | −0.062% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.5 | −0.071% | $1.3M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,040.9 | −0.128% | $553K | $1.1M | 10x | as long as short |
| Nado MU-PERPshort | +0.0032% | 1h | 1,042.3 | −0.003% | $281K | $823K | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.871% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0038% | 1h | 1,041.8 | −0.049% | $25K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.6 | +0.034% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.2 | −0.005% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,041.1 | −0.113% | $177.1M | $94.9M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.4 | −0.084% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,041.8 | −0.049% | $684K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,042.2 | −0.011% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042 | −0.024% | $1.9M | $2.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0077% | 1h | 1,041.4 | −0.082% | $73K | $492K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,041.2 | −0.108% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.2 | −0.012% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.3 | −0.092% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDTlong | +0.0100% | 1h | 1,042.3 | long leg | $71K | $269K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,041.5 | −0.071% | $828 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.223% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,041.8 | −0.046% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,043.1 | +0.079% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
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
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU