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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,042.4 | 0.0112 | pay 0.0014% / 1h | 4m 25s | $33K | — | 10x |
| Short | Lighter MU | 1,042.3 | 0.0184 | get 0.0023% / 1h | 4m 25s | $998K | $4.8M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 0.53 bp | 0.5 bp −$1 | 1.7 bp −$17 | 18.3 bp −$1,827 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0333% | 4h | 1,042.6 | +0.021% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.6 | +0.015% | $30.7M | $104.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.4 | +0.004% | $62.9M | $29.2M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.6 | +0.022% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,044.5 | +0.200% | $11K | $6.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.3 | −0.014% | $125K | $442K | 50x | as long as short |
| Aster MUUSD1 | +0.0003% | 8h | 1,043.1 | +0.068% | $21.5M | $46.4M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,042.6 | +0.023% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.4 | +0.003% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.797% | $14K | $302 | 12x | 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 | 1,042.3 | −0.013% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.4 | 0.000% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.5 | +0.008% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.6 | −0.076% | $2.0M | $2.6M | 10x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,042.7 | +0.027% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0073% | 8h | 1,042.5 | +0.010% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0087% | 8h | 1,042.7 | +0.028% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.6 | +0.014% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.4 | 0.000% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.8 | +0.040% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.7 | +0.028% | $829 | $799 | 20x | as long as short |
| Binance MUUSDT | +0.0110% | 8h | 1,042.7 | +0.032% | $124.7M | $540.4M | 50x | as long as short |
| Aevo MU-PERPlong | +0.0112% | 1h | 1,042.4 | long leg | $33K | — | 10x | |
| Paradex MU-USD-PERP | +0.0113% | 8h | 1,042.6 | +0.023% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | +0.136% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0176% | 8h | 1,042.8 | +0.040% | $82K | $1.4M | 10x | as long as short |
| Lighter MUshort | +0.0184% | 1h | 1,042.3 | −0.007% | $998K | $4.8M | 20x | |
| Bybit MUUSDT | +0.0190% | 8h | 1,042.8 | +0.041% | $19.1M | $32.5M | 100x | as long as short |
| Nado MU-PERP | +0.0190% | 1h | 1,041.9 | −0.050% | $306K | $845K | 10x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,043 | +0.060% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0210% | 1h | 1,042.5 | +0.009% | $176.2M | $107.3M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0211% | 1h | 1,042.5 | +0.010% | $60K | $233K | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.6 | +0.014% | $63K | $230K | 10x | as long as short |
| BloFin MU-USDT | +0.0230% | 8h | 1,042.7 | +0.030% | $1.5M | $2.1M | 20x | as long as short |
| Bullet MU-USD | +0.0230% | 1h | 1,042.7 | +0.032% | $25K | $400K | 10x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043 | +0.057% | $533K | $303K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0672% | 1h | 1,041.7 | −0.067% | $540K | $1.1M | 10x | as long as short |
Lighter MU
edgeX MUUSDC
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bybit MUUSDT
RISEx MU/USDC
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Extended MU_24_5-USD