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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 3 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
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,052.30.0021pay 0.0003% / 1h22m 49s$3K$44K10x
ShortLighter MU1,0530.0056get 0.0007% / 1h22m 49s$1.1M$5.1M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Lighter live order book, 5 min ago0.62 bp0.8 bp −$10.8 bp −$825.9 bp −$2,590doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0799%4h1,052−0.030%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,052.7+0.041%$21.5M$55.0M20xas long as short
OKX MU-USDT-SWAP0.0000%8h1,052.7+0.039%$31.2M$99.7M50xas long as short
RISEx MU/USDC0.0000%1h1,052.8+0.045%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.7+0.033%$62.3M$27.5M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.6+0.028%$82K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,051.7−0.053%$190K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,053+0.063%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.9+0.053%$131K$434K50xas long as short
Deribit MU_USDC-PERPETUAL+0.0007%1h1,052.3+0.003%$70K$432K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MU+0.0020%8h1,052−0.030%$2.7M$2.4Mas long as short
Aftermath Perps MUUSDlong+0.0021%1h1,052.3long leg$3K$44K10x
Bybit MUUSDT+0.0029%8h1,053.1+0.072%$19.1M$32.3M100xas long as short
Lighter RH MU+0.0032%1h1,052.9+0.059%$1.3M$4.4M10xas long as short
Extended MU_24_5-USD+0.0032%1h1,052.3−0.004%$566K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4−0.089%$19K$5K12xas long as short
QFEX MU-USD+0.0034%1h1,052.3−0.004%$7.1M$17.9M10xas long as short
Arcus MU-USD+0.0040%1h1,052.1−0.023%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.6+0.125%$176K25xas long as short
Bullet MU-USD+0.0048%1h1,052.7+0.038%$25K$396K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.4+0.009%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.5+0.022%$691K$16K10xas long as short
Nado MU-PERP+0.0050%1h1,052−0.031%$282K$837K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.6−0.068%$1.9M$2.2M10xas long as short
Paradex MU-USD-PERP+0.0052%8h1,052.6+0.028%$2K5xas long as short
Binance MUUSDT+0.0054%8h1,053+0.066%$126.8M$516.6M50xas long as short
Lighter MUshort+0.0056%1h1,053+0.067%$1.1M$5.1M20x
tradeXYZ xyz:MU+0.0076%1h1,052.6+0.028%$178.9M$98.9M10xas long as short
Coinbase International MU-PERP-INTX+0.0080%1h1,052.1−0.016%$758K$1.2M10xas long as short
Bitget MUUSDT+0.0094%8h1,053+0.066%$20.5M$41.1M50xas long as short
Aevo MU-PERP+0.0096%1h1,052.2−0.009%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,052−0.027%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.5+0.020%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,052.4+0.010%$71K$268K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.5+0.020%$837$79920xas long as short
BloFin MU-USDT+0.0174%8h1,052.9+0.057%$1.5M$2.0M20xas long as short
Phoenix MU+0.0304%1h1,052.5+0.019%$538K$271K15xas long as short