Funding you earn now, next payment 06:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h −0.024%
Price spread now: SoDEX against Nado+0.009%7-day average +0.002% · 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−$34as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 3 days (all we have)+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.009%, 7d avg +0.002%
=Together, before fees+0.043%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MU-PERP | 1,040.8 | 0.0021 | pay 0.0003% / 1h | 7m 46s | $278K | $816K | 10x |
| Short | SoDEX MU-USD | 1,040.9 | 0.0050 | get 0.0006% / 1h | 7m 46s | $683K | $15K | 10x |
Nado MU-PERP
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $5.99
- Price spread: +0.009% → +0.002%
- $0.72
- Slippage, 4 orders
- −$19.75
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$28.04
- Costs to cover
- 0.347%
- Break-even
- 39.8 days
Slippage from Nado: live order book, 40 min ago; SoDEX: live order book, 41 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, 40 min ago | 0.05 bp | 6.5 bp −$7 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 41 min ago | 0.05 bp | 12.0 bp −$12 | 41.4 bp −$414 | 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 | −0.0827% | 4h | 1,040.2 | −0.059% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0128% | 8h | 1,041.3 | +0.050% | $20.3M | $41.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.5 | +0.071% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.5 | +0.068% | $122.2M | $536.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.4 | +0.055% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.2 | +0.035% | $30.0M | $101.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.4 | +0.058% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041 | +0.021% | $61.6M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.048% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,040.7 | −0.005% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
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 | 1,040.6 | −0.016% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.5 | +0.160% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,040.9 | +0.010% | $74K | $531K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.9 | +0.008% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,039.2 | −0.152% | $3K | $44K | 10x | as long as short |
| Nado MU-PERPlong | +0.0021% | 1h | 1,040.8 | long leg | $278K | $816K | 10x | |
| QFEX MU-USD | +0.0023% | 1h | 1,041 | +0.023% | $7.0M | $18.3M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.4 | +0.054% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,040.6 | −0.018% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.014% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0036% | 1h | 1,041.2 | +0.037% | $26K | $390K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,039.8 | −0.101% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.3 | +0.050% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,041.2 | +0.038% | $177.1M | $90.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,040.9 | +0.009% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,040.9 | +0.009% | $683K | $15K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,040.5 | −0.034% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,041.1 | +0.033% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.5 | −0.032% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,040.9 | +0.010% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,040.7 | −0.008% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,040.8 | −0.005% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.9 | +0.007% | $827 | $799 | 20x | as long as short |
| Lighter MU | +0.0104% | 1h | 1,041.6 | +0.074% | $1.1M | $5.0M | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.7 | −0.012% | $1.4M | $2.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.464% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041 | +0.019% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
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
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Lighter MU
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU