Funding you earn now, next payment 11:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h +0.023%
Price spread now: Nado against Bitget−0.094%7-day average −0.034% · 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−$37as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 4 days (all we have)+0.003%$0 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.094%, 7d avg −0.034%
=Together, before fees−0.013%+ Points / potential airdropNado: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread −0.094% now, against its 7-day average of −0.034%). If the spread goes back, that is −$6 on $10k: about 34 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.003% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUUSDT | 1,040.3 | 0 | get 0.0000% / 8h | 5h 02m | $19.8M | $43.7M | 50x |
| Short | Nado MU-PERP | 1,039.3 | 0.0142 | get 0.0018% / 1h | 2m 29s | $276K | $835K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bitget. 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
- $29.75
- Price spread: −0.094% → −0.034%
- −$6.08
- Slippage, 4 orders
- −$11.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$7.26
- Costs to cover
- 0.309%
- Break-even
- 8.7 days
Slippage from Bitget: live order book, 5 min ago; Nado: live order book, 44 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 Bitget live order book, 5 min ago | 0.05 bp | 8.5 bp −$8 | 10.3 bp −$103 | doesn't fit | doesn't fit |
| Sell Nado live order book, 44 min ago | 0.05 bp | 7.3 bp −$7 | 25.7 bp −$257 | doesn't fit | doesn't fit |
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 | −0.0919% | 4h | 1,040.1 | −0.015% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,040.4 | +0.012% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,040.2 | −0.007% | $122.2M | $554.9M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,040.3 | −0.001% | $29.9M | $107.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,040.3 | −0.005% | $61.4M | $28.3M | 75x | as long as short |
| Bitget MUUSDTlong | 0.0000% | 8h | 1,040.3 | long leg | $19.8M | $43.7M | 50x | |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.004% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,039.8 | −0.053% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,041.7 | +0.130% | $11K | $5.0M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040 | −0.031% | $120K | $473K | 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 | 1,040.2 | −0.013% | $1.1M | $4.5M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.063% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0037% | 1h | 1,040 | −0.032% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.1 | +0.075% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,039.9 | −0.038% | $169K | $163K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,039.9 | −0.043% | $684K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.1 | −0.115% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,040 | −0.026% | $7.0M | $19.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0058% | 1h | 1,039.5 | −0.078% | $32K | $730K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,039.4 | −0.088% | $32K | $1K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0081% | 8h | 1,040.1 | −0.019% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.3 | +0.004% | $152K | $228K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,039.9 | −0.038% | $5.2M | $6.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.6 | −0.071% | $71K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,039.8 | −0.044% | $827 | $799 | 20x | as long as short |
| Bybit MUUSDT | +0.0100% | 8h | 1,040.3 | −0.005% | $18.9M | $32.3M | 100x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,040.3 | +0.003% | $299K | $335K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040 | −0.027% | $1.5M | $2.7M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,039.7 | −0.056% | $90K | $160K | 10x | as long as short |
| Nado MU-PERPshort | +0.0142% | 1h | 1,039.3 | −0.094% | $276K | $835K | 10x | |
| GRVT MU_USDT_Perp | +0.0158% | 8h | 1,040.3 | −0.004% | $73K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0168% | 1h | 1,040.3 | −0.004% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,037.9 | −0.233% | $727K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0233% | 1h | 1,040.3 | 0.000% | $177.9M | $75.0M | 10x | as long as short |
| Bullet MU-USD | +0.0236% | 1h | 1,039.7 | −0.054% | $26K | $384K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0296% | 1h | 1,039.1 | −0.113% | $552K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,040.4 | +0.010% | $532K | $159K | 15x | as long as short |
Bitget MUUSDT
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
Polymarket Perps MU-USD
SoDEX MU-USD
Deribit MU_USDC-PERPETUAL
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bybit MUUSDT
RISEx MU/USDC
BloFin MU-USDT
GRVT MU_USDT_Perp
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU