Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.021%
Price spread now: Lighter RH against Aevo+0.015%7-day average — · you sell dearer than you buy
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 RH: Points live · 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 | 1,051.6 | 0.0096 | pay 0.0012% / 1h | 16m 06s | $32K | $1K | 10x |
| Short | Lighter RH MU | 1,051.7 | 0.0032 | get 0.0004% / 1h | 16m 06s | $1.3M | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$13.44
- Price spread: +0.015% → 0.000%
- $1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$27.96
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 1.38 bp | 1.5 bp −$1 | 4.0 bp −$40 | doesn't fit | 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 | −0.0763% | 4h | 1,052.5 | +0.088% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.3 | +0.068% | $21.4M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,051.7 | +0.010% | $31.2M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.069% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.5 | −0.004% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.099% | $82K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052.1 | +0.049% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052 | +0.044% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,051.8 | +0.025% | $131K | $435K | 50x | as long as short |
| Variational Omni MU | +0.0003% | 8h | 1,051.8 | +0.020% | $2.7M | $2.4M | — | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MU_USDC-PERPETUAL | +0.0007% | 1h | 1,051.7 | +0.013% | $72K | $438K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,052.1 | +0.048% | $3K | $45K | 10x | as long as short |
| Bybit MUUSDT | +0.0023% | 8h | 1,052 | +0.042% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,051.7 | +0.015% | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.3 | −0.027% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.019% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | +0.048% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.2 | +0.059% | $71K | $234K | 10x | as long as short |
| Binance MUUSDT | +0.0045% | 8h | 1,051.7 | +0.009% | $126.6M | $516.6M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.153% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | +0.030% | $282K | $837K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.8 | +0.022% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051.8 | +0.021% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.006% | $1.9M | $2.2M | 10x | as long as short |
| Bullet MU-USD | +0.0051% | 1h | 1,052.2 | +0.058% | $25K | $395K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,052.3 | +0.067% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,051.7 | +0.015% | $1.1M | $5.1M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0074% | 1h | 1,051.3 | −0.025% | $178.7M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.9 | +0.126% | $759K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0088% | 8h | 1,052 | +0.040% | $20.5M | $41.1M | 50x | as long as short |
| Aevo MU-PERPlong | +0.0096% | 1h | 1,051.6 | long leg | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,052.3 | +0.067% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.7 | +0.008% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.8 | +0.120% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | +0.028% | $836 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0166% | 8h | 1,052.3 | +0.069% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | +0.089% | $538K | $271K | 15x | as long as short |
Lighter RH MU
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Variational Omni MU
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
Bybit MUUSDT
Extended MU_24_5-USD
Injective MU/USDC PERP
Binance MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
Bullet MU-USD
Paradex MU-USD-PERP
Lighter MU
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU