Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: Lighter against Aevo−0.007%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MU-PERP1,042.40.0112pay 0.0014% / 1h4m 25s$33K10x
ShortLighter MU1,042.30.0184get 0.0023% / 1h4m 25s$998K$4.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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

Funding earned
$15.12
Price spread: −0.007% → 0.000%
−$0.68
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$1.56
Costs to cover
0.160%
Break-even
7.7 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 3 min ago0.53 bp0.5 bp −$11.7 bp −$1718.3 bp −$1,827doesn't fit
Aevo: 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 on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0333%4h1,042.6+0.021%$1.3M$672K10xas long as short
OKX MU-USDT-SWAP0.0000%8h1,042.6+0.015%$30.7M$104.2M50xas long as short
Gate MU_USDT0.0000%8h1,042.4+0.004%$62.9M$29.2M75xas long as short
StandX MU-USD0.0000%1h1,042.6+0.022%$188K$3.3M20xas long as short
SunX MU-USDT0.0000%8h1,044.5+0.200%$11K$6.7M10xas long as short
HTX MU-USDT0.0000%8h1,042.3−0.014%$125K$442K50xas long as short
Aster MUUSD1+0.0003%8h1,043.1+0.068%$21.5M$46.4M20xas long as short
Aftermath Perps MUUSD+0.0029%1h1,042.6+0.023%$3K$44K10xas long as short
Lighter RH MU+0.0032%1h1,042.4+0.003%$1.1M$4.3M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,050.7+0.797%$14K$30212xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest MU-USD-PERP+0.0046%1h1,042.3−0.013%$193K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,042.40.000%$165K$180K10xas long as short
SoDEX MU-USD+0.0050%1h1,042.5+0.008%$684K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,041.6−0.076%$2.0M$2.6M10xas long as short
QFEX MU-USD+0.0057%1h1,042.7+0.027%$7.8M$24.1M10xas long as short
Bitget MUUSDT+0.0073%8h1,042.5+0.010%$20.4M$42.9M50xas long as short
Variational Omni MU+0.0087%8h1,042.7+0.028%$2.7M$2.7Mas long as short
Pacifica MU+0.0100%1h1,042.6+0.014%$153K$182K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,042.40.000%$5.2M$3.9M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,042.8+0.040%$71K$267K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,042.7+0.028%$829$79920xas long as short
Binance MUUSDT+0.0110%8h1,042.7+0.032%$124.7M$540.4M50xas long as short
Aevo MU-PERPlong+0.0112%1h1,042.4long leg$33K10x
Paradex MU-USD-PERP+0.0113%8h1,042.6+0.023%$2K5xas long as short
Coinbase International MU-PERP-INTX+0.0152%1h1,043.8+0.136%$756K$1.4M10xas long as short
GRVT MU_USDT_Perp+0.0176%8h1,042.8+0.040%$82K$1.4M10xas long as short
Lighter MUshort+0.0184%1h1,042.3−0.007%$998K$4.8M20x
Bybit MUUSDT+0.0190%8h1,042.8+0.041%$19.1M$32.5M100xas long as short
Nado MU-PERP+0.0190%1h1,041.9−0.050%$306K$845K10xas long as short
RISEx MU/USDC+0.0202%1h1,043+0.060%$285K$333K20xas long as short
tradeXYZ xyz:MU+0.0210%1h1,042.5+0.009%$176.2M$107.3M10xas long as short
Deribit MU_USDC-PERPETUAL+0.0211%1h1,042.5+0.010%$60K$233K10xas long as short
Arcus MU-USD+0.0226%1h1,042.6+0.014%$63K$230K10xas long as short
BloFin MU-USDT+0.0230%8h1,042.7+0.030%$1.5M$2.1M20xas long as short
Bullet MU-USD+0.0230%1h1,042.7+0.032%$25K$400K10xas long as short
Phoenix MU+0.0230%1h1,043+0.057%$533K$303K15xas long as short
Extended MU_24_5-USD+0.0672%1h1,041.7−0.067%$540K$1.1M10xas long as short