Funding you earn now, next payment 21:00 UTC−0.0065%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h +0.021%
Price spread now: Extended against Nado+0.002%7-day average −0.037% · 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−$25as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 4 days (all we have)+0.031%+$3 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now +0.002%, 7d avg −0.037%
=Together, before fees−0.014%+ Points / potential airdropNado: Active · Extended: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.039% dearer against Nado than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,092.2 | 0.0097 | pay 0.0012% / 1h | 7m 07s | $406K | $446K | 10x |
| Short | Extended MU_24_5-USD | 1,092.3 | 0.0032 | get 0.0004% / 1h | 7m 07s | $630K | $1.4M | 10x |
Nado MU-PERP
Extended MU_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Nado. 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
- −$13.73
- Price spread: +0.002% → −0.037%
- $3.91
- Slippage, 4 orders
- −$16.56
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$38.37
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from Nado: live order book, 54 min ago; Extended: live order book, 4 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, 54 min ago | 0.46 bp | 8.5 bp −$9 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 0.50 bp | 4.9 bp −$5 | 11.7 bp −$117 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MUUSD1 | 0.0000% | 8h | 1,093.7 | +0.138% | $22.1M | $50.1M | 20x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,092.9 | +0.060% | $21.4M | $44.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,092.8 | +0.050% | $40.0M | $149.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,092.5 | +0.021% | $71.0M | $30.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,092.7 | +0.046% | $197K | $5.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,094.8 | +0.239% | $12K | $1.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,092.4 | +0.015% | $10K | $783K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,092.4 | +0.015% | $124K | $612K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0021% | 1h | 1,092.1 | −0.010% | $2K | $38K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,092.9 | +0.060% | $1.1M | $5.3M | 20x | as long as short |
Aster MUUSD1
Bybit MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MUShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,092.8 | +0.055% | $1.3M | $5.1M | 10x | as long as short |
| Extended MU_24_5-USDshort | +0.0032% | 1h | 1,092.3 | +0.002% | $630K | $1.4M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,080.3 | −1.089% | $14K | $136K | 12x | as long as short |
| Bitget MUUSDT | +0.0039% | 8h | 1,092.8 | +0.049% | $30.1M | $60.8M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0040% | 1h | 1,091.5 | −0.070% | $807K | $1.4M | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,093.2 | +0.087% | — | $341K | 25x | as long as short |
| Variational Omni MU | +0.0049% | 8h | 1,092.9 | +0.058% | $2.5M | $2.9M | — | as long as short |
| Bullet MU-USD | +0.0049% | 1h | 1,092.9 | +0.058% | $14K | $388K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,092.3 | +0.006% | $160.8M | $91.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,092.4 | +0.015% | $191K | $352K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,092.8 | +0.051% | $725K | $22K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,091.9 | −0.027% | $2.5M | $5.5M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,093.1 | +0.082% | $8.0M | $23.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0067% | 8h | 1,093.2 | +0.084% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0079% | 8h | 1,093 | +0.072% | $216.7M | $728.3M | 50x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,092.8 | +0.051% | $34K | $1K | 10x | as long as short |
| Nado MU-PERPlong | +0.0097% | 1h | 1,092.2 | long leg | $406K | $446K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,092.6 | +0.034% | $154K | $228K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,092.3 | +0.007% | $5.3M | $12.1M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,093.3 | +0.095% | $68K | $272K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,093.1 | +0.082% | $706 | $533 | 20x | as long as short |
| BloFin MU-USDT | +0.0196% | 8h | 1,093 | +0.071% | $2.1M | $3.1M | 20x | as long as short |
| Phoenix MU | +0.0219% | 1h | 1,092.5 | +0.024% | $554K | $103K | 15x | as long as short |
| GRVT MU_USDT_Perp | +0.0220% | 8h | 1,092.6 | +0.031% | $63K | $902K | 10x | as long as short |
| edgeX MUUSDC | +0.0339% | 4h | 1,092.9 | +0.064% | $1.3M | $695K | 10x | as long as short |
| RISEx MU/USDC | +0.0436% | 1h | 1,093.4 | +0.106% | $225K | $244K | 20x | as long as short |
| Arcus MU-USD | +0.0584% | 1h | 1,092.7 | +0.046% | $87K | $122K | 10x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
Bitget MUUSDT
Coinbase International MU-PERP-INTX
Vest MU-USD-PERP
Variational Omni MU
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Binance MUUSDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU
GRVT MU_USDT_Perp
edgeX MUUSDC
RISEx MU/USDC
Arcus MU-USD