Spread before costs (cost unknown: a leg has no order-book sample)+1.181%
7d average+2.258%if it closes, per $10,000$118funding while held, a day−$11.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,038.4 | 0.0171 | pay 0.0021% / 1h | 24m 05s | $283K | $662K | 10x |
| Short | Injective MU/USDC PERP | 1,050.7 | −0.0220 | pay 0.0028% / 1h | 24m 05s | $14K | $225K | 12x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $118.13
- Funding while held
- −$11.74
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $99.37
- Spread needed to break even
- 0.070%
Slippage unknown: Nado: live order book, 31 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0391%
- Per $10,000 a day
- −$11.74
- Average in range /8h
- —
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, 31 min ago | 0.05 bp | 8.9 bp −$9 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.MU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.133% | +0.0711% | 4h | $1.3M | $667K | 10x | as long as short |
| Phoenix MU | −0.129% | +0.0229% | 1h | $525K | $187K | 15x | as long as short |
| Aftermath Perps MUUSD | −0.108% | +0.0219% | 1h | $3K | $43K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.100% | +0.0100% | 1h | $70K | $266K | 50x | as long as short |
| StandX MU-USD | −0.029% | 0.0000% | 1h | $188K | $1.0M | 20x | as long as short |
| Ondo Perps MU-USD.P | −0.027% | +0.0050% | 1h | $2.0M | $2.3M | 10x | as long as short |
| Pacifica MU | −0.019% | +0.0100% | 1h | $157K | $95K | 10x | as long as short |
| Nado MU-PERPlong | 0.000% | +0.0171% | 1h | $283K | $662K | 10x | |
| tradeXYZ xyz:MU | +0.015% | +0.0050% | 1h | $174.8M | $89.3M | 10x | as long as short |
| Arcus MU-USD | +0.019% | +0.0040% | 1h | $65K | $172K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MU | +0.033% | +0.0021% | 8h | $2.7M | $2.6M | — | as long as short |
| Paradex MU-USD-PERP | +0.039% | +0.0072% | 8h | $2K | — | 5x | as long as short |
| QFEX MU-USD | +0.048% | +0.0036% | 1h | $7.8M | $22.0M | 10x | as long as short |
| Lighter MU | +0.050% | +0.0072% | 1h | $972K | $4.3M | 20x | as long as short |
| KuCoin MUUSDTM | +0.052% | +0.0100% | 8h | $5.2M | $3.4M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.054% | +0.0050% | 1h | $166K | $170K | 10x | as long as short |
| Extended MU_24_5-USD | +0.054% | +0.0032% | 1h | $512K | $919K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.062% | 0.0000% | 8h | $30.7M | $83.4M | 50x | as long as short |
| Bitget MUUSDT | +0.064% | +0.0104% | 8h | $20.4M | $33.9M | 50x | as long as short |
| Aster MUUSD1 | +0.068% | 0.0000% | 8h | $21.3M | $9.0M | 20x | as long as short |
| Binance MUUSDT | +0.069% | +0.0046% | 8h | $130.6M | $403.2M | 50x | as long as short |
| Bybit MUUSDT | +0.070% | 0.0000% | 8h | $18.7M | $27.3M | 100x | as long as short |
| Gate MU_USDT | +0.071% | 0.0000% | 8h | $66.3M | $23.0M | 75x | as long as short |
| BloFin MU-USDT | +0.078% | +0.0166% | 8h | $1.5M | $1.3M | 20x | as long as short |
| Aevo MU-PERP | +0.085% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Lighter RH MU | +0.100% | +0.0032% | 1h | $1.2M | $4.1M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.102% | +0.0048% | 1h | $53K | $75K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.105% | +0.0192% | 1h | $824K | $1.3M | 10x | as long as short |
| RISEx MU/USDC | +0.108% | +0.0077% | 1h | $281K | $298K | 20x | as long as short |
| Vest MU-USD-PERP | +0.114% | +0.0046% | 1h | — | $150K | 25x | as long as short |
| SoDEX MU-USD | +0.117% | +0.0050% | 1h | $689K | $9K | 10x | as long as short |
| Bullet MU-USD | +0.121% | +0.0197% | 1h | $25K | $398K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.124% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| SunX MU-USDT | +0.165% | 0.0000% | 8h | $11K | $5.5M | 10x | as long as short |
| HTX MU-USDT | +0.180% | 0.0000% | 8h | $129K | $424K | 50x | as long as short |
| Injective MU/USDC PERPshort | +1.181% | −0.0220% | 1h | $14K | $225K | 12x |
Injective MU/USDC PERP
Phoenix
ApeX Omni
StandX
Pacifica
tradeXYZ
Variational Omni
Paradex
Lighter
KuCoin
Polymarket Perps
Extended
OKX
Bitget
Aster
Binance
Bybit
Gate
BloFin
Lighter RH
Deribit
Coinbase International
RISEx
SoDEX
Bullet
SunX
HTX