MU

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0428%/8h= +46.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.042%

Price spread now: RISEx against Nado+0.026%7-day average +0.016% · 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−$21as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Nado Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.026%, 7d avg +0.016%

Together, before fees−0.210%+ Points / potential airdropNado: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MU-PERP	1,050.5	0.0079	pay 0.0010% / 1h	58m 57s	$275K	$858K	10x
Short	RISEx MU/USDC	1,050.7	0.0507	get 0.0063% / 1h	58m 57s	$316K	$340K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.026%Rate

Funding earned: $89.98
Price spread: +0.026% → +0.016%: $0.95
Slippage, 4 orders: −$9.33
Fee Nado: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $68.6
Costs to cover: 0.223%
Break-even: 1.7 days

Slippage from Nado: live order book, 9 min ago; RISEx: live order book, 9 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, 9 min ago	0.05 bp	7.9 bp −$8	18.4 bp −$184	doesn't fit	doesn't fit
Sell RISEx live order book, 9 min ago	1.71 bp	4.7 bp −$5	5.1 bp −$51	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	−0.0387%	4h	1,050.6	+0.015%	$1.3M	$672K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,050.2	−0.020%	$62.6M	$27.2M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,050.1	−0.033%	$190K	$3.3M	20x	as long as short
Bullet MU-USD	0.0000%	1h	1,050.6	+0.014%	$26K	$396K	10x	as long as short
SunX MU-USDT	0.0000%	8h	1,051.4	+0.094%	$11K	$6.1M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,050.2	−0.026%	$66K	$315K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,050.4	−0.006%	$129K	$424K	50x	as long as short
Aftermath Perps MUUSD	+0.0022%	1h	1,050.4	−0.007%	$3K	$45K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,050.3	−0.016%	$1.2M	$4.1M	10x	as long as short
Lighter MU	+0.0040%	1h	1,050.3	−0.015%	$1.1M	$4.7M	20x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest MU-USD-PERP	+0.0046%	1h	1,051.5	+0.099%	—	$179K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,050.2	−0.024%	$178.3M	$100.2M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,050.2	−0.024%	$171K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,050.3	−0.019%	$689K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,049.9	−0.052%	$1.9M	$2.3M	10x	as long as short
QFEX MU-USD	+0.0054%	1h	1,050.5	+0.005%	$7.6M	$20.9M	10x	as long as short
Nado MU-PERPlong	+0.0079%	1h	1,050.5	long leg	$275K	$858K	10x
Paradex MU-USD-PERP	+0.0080%	8h	1,050.7	+0.026%	$2K	—	5x	as long as short
OKX MU-USDT-SWAP	+0.0100%	8h	1,049.8	−0.066%	$30.9M	$101.4M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,050.5	+0.006%	$149K	$186K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,050.3	−0.016%	$5.3M	$3.5M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,050.5	+0.006%	$71K	$268K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,050.5	+0.003%	$835	$799	20x	as long as short
Injective MU/USDC PERP	+0.0107%	1h	1,051.4	+0.086%	$19K	$5K	12x	as long as short
Coinbase International MU-PERP-INTX	+0.0128%	1h	1,050.5	+0.002%	$762K	$1.2M	10x	as long as short
Bybit MUUSDT	+0.0150%	8h	1,050.4	−0.009%	$19.4M	$32.6M	100x	as long as short
Aevo MU-PERP	+0.0152%	1h	1,050.2	−0.021%	$32K	$1K	10x	as long as short
Extended MU_24_5-USD	+0.0216%	1h	1,049.5	−0.092%	$559K	$1.2M	10x	as long as short
Arcus MU-USD	+0.0240%	1h	1,050.6	+0.013%	$71K	$242K	10x	as long as short
Variational Omni MU	+0.0260%	8h	1,050.4	−0.009%	$2.7M	$2.4M	—	as long as short
Aster MUUSD1	+0.0268%	8h	1,051	+0.051%	$21.6M	$48.7M	20x	as long as short
Binance MUUSDT	+0.0272%	8h	1,050.3	−0.015%	$126.0M	$522.4M	50x	as long as short
Phoenix MU	+0.0383%	1h	1,050.9	+0.042%	$538K	$273K	15x	as long as short
BloFin MU-USDT	+0.0392%	8h	1,050.4	−0.005%	$1.5M	$2.0M	20x	as long as short
Bitget MUUSDT	+0.0406%	8h	1,050.3	−0.018%	$20.5M	$41.6M	50x	as long as short
RISEx MU/USDCshort	+0.0507%	1h	1,050.7	+0.026%	$316K	$340K	20x
GRVT MU_USDT_Perp	+0.0549%	8h	1,050.6	+0.018%	$83K	$1.3M	10x	as long as short