Funding you earn now, next payment 09:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.018%
Price spread now: Nado against SoDEX−0.080%7-day average −0.002% · 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−$43as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 4 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.245%+$25 · spread now −0.080%, 7d avg −0.002%
=Together, before fees+0.205%+ Points / potential airdropNado: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.078% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.002%). If the spread goes back, that is −$8 on $10k: about 5.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MU-USD | 1,029.4 | 0.0050 | pay 0.0006% / 1h | 19m 56s | $676K | $15K | 10x |
| Short | Nado MU-PERP | 1,028.5 | 0.0101 | get 0.0013% / 1h | 19m 56s | $263K | $815K | 10x |
SoDEX MU-USD
Nado MU-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against SoDEX. 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
- $10.69
- Price spread: −0.080% → −0.002%
- −$7.81
- Slippage, 4 orders
- −$20.5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$32.62
- Costs to cover
- 0.355%
- Break-even
- 28.4 days
Slippage from SoDEX: live order book, 14 min ago; Nado: live order book, 13 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 SoDEX live order book, 14 min ago | 0.05 bp | 11.7 bp −$12 | 42.0 bp −$420 | doesn't fit | doesn't fit |
| Sell Nado live order book, 13 min ago | 0.05 bp | 6.3 bp −$6 | 22.1 bp −$221 | 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 | −0.0959% | 4h | 1,026.4 | −0.291% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,029.8 | +0.046% | $21.0M | $69.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,030.2 | +0.080% | $121.8M | $549.1M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,030.2 | +0.081% | $29.1M | $103.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,029.4 | +0.003% | $293K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,029.4 | +0.001% | $61.8M | $28.4M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,030 | +0.056% | $19.8M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,029.6 | +0.025% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,028.6 | −0.080% | $186K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,030.5 | +0.105% | $11K | $5.3M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
SunX MU-USDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,029.1 | −0.026% | $118K | $494K | 50x | as long as short |
| Bybit MUUSDT | +0.0007% | 8h | 1,030 | +0.064% | $18.7M | $32.4M | 100x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,029.4 | −0.001% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,026.9 | −0.241% | $3K | $43K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,029.3 | −0.005% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,029 | −0.037% | $539K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.136% | $19K | $5K | 12x | as long as short |
| GRVT MU_USDT_Perp | +0.0040% | 8h | 1,026.9 | −0.239% | $81K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,029.2 | −0.021% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,029.1 | −0.022% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,029.2 | −0.017% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USDlong | +0.0050% | 1h | 1,029.4 | long leg | $676K | $15K | 10x | |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,028.6 | −0.074% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0070% | 8h | 1,029.4 | −0.001% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,029.5 | +0.010% | $992K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,029.1 | −0.029% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.4 | +0.004% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,029 | −0.036% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,028.9 | −0.046% | $5.1M | $4.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,026.4 | −0.290% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,029.1 | −0.027% | $818 | $799 | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0100% | 1h | 1,029.2 | −0.017% | $174.0M | $78.9M | 10x | as long as short |
| Nado MU-PERPshort | +0.0101% | 1h | 1,028.5 | −0.080% | $263K | $815K | 10x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,029.4 | 0.000% | $1.5M | $2.3M | 20x | as long as short |
| Bullet MU-USD | +0.0145% | 1h | 1,029.6 | +0.022% | $25K | $388K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,028.4 | −0.094% | $526K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0294% | 1h | 1,029.4 | 0.000% | $72K | $631K | 10x | as long as short |
HTX MU-USDT
Bybit MUUSDT
QFEX MU-USD
Aftermath Perps MUUSD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
GRVT MU_USDT_Perp
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
tradeXYZ xyz:MU
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Deribit MU_USDC-PERPETUAL