Funding you earn now, next payment 04:00 UTC+0.0035%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Lighter against Aftermath Perps+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.067% dearer against Aftermath Perps than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps MUUSD | 1,052.3 | 0.0021 | pay 0.0003% / 1h | 22m 49s | $3K | $44K | 10x |
| Short | Lighter MU | 1,053 | 0.0056 | get 0.0007% / 1h | 22m 49s | $1.1M | $5.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aftermath Perps. 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
- $7.41
- Price spread: +0.067% → 0.000%
- $6.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $5.15
- Costs to cover
- 0.090%
- Break-even
- 2.1 days
Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 5 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 0.62 bp | 0.8 bp −$1 | 0.8 bp −$8 | 25.9 bp −$2,590 | doesn't fit |
Aftermath Perps: 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 | −0.0799% | 4h | 1,052 | −0.030% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,052.7 | +0.041% | $21.5M | $55.0M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.7 | +0.039% | $31.2M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.8 | +0.045% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.7 | +0.033% | $62.3M | $27.5M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.028% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.7 | −0.053% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,053 | +0.063% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.9 | +0.053% | $131K | $434K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0007% | 1h | 1,052.3 | +0.003% | $70K | $432K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MU | +0.0020% | 8h | 1,052 | −0.030% | $2.7M | $2.4M | — | as long as short |
| Aftermath Perps MUUSDlong | +0.0021% | 1h | 1,052.3 | long leg | $3K | $44K | 10x | |
| Bybit MUUSDT | +0.0029% | 8h | 1,053.1 | +0.072% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,052.9 | +0.059% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,052.3 | −0.004% | $566K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.089% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.3 | −0.004% | $7.1M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052.1 | −0.023% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.6 | +0.125% | — | $176K | 25x | as long as short |
| Bullet MU-USD | +0.0048% | 1h | 1,052.7 | +0.038% | $25K | $396K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.4 | +0.009% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.5 | +0.022% | $691K | $16K | 10x | as long as short |
| Nado MU-PERP | +0.0050% | 1h | 1,052 | −0.031% | $282K | $837K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.6 | −0.068% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.6 | +0.028% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0054% | 8h | 1,053 | +0.066% | $126.8M | $516.6M | 50x | as long as short |
| Lighter MUshort | +0.0056% | 1h | 1,053 | +0.067% | $1.1M | $5.1M | 20x | |
| tradeXYZ xyz:MU | +0.0076% | 1h | 1,052.6 | +0.028% | $178.9M | $98.9M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.016% | $758K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0094% | 8h | 1,053 | +0.066% | $20.5M | $41.1M | 50x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,052.2 | −0.009% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052 | −0.027% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.5 | +0.020% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.4 | +0.010% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.5 | +0.020% | $837 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0174% | 8h | 1,052.9 | +0.057% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.5 | +0.019% | $538K | $271K | 15x | as long as short |
Aftermath Perps MUUSD
Lighter 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
Deribit MU_USDC-PERPETUAL
Variational Omni MU
Bybit MUUSDT
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Bitget MUUSDT
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU