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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.01 per $10,000 · paid last 24h −0.014%
Price spread now: Lighter RH against Aftermath Perps−0.131%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 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 RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Lighter RH is 0.131% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.131% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 47 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MUUSD1,045.10.0023pay 0.0003% / 1h22m 58s$3K$44K10x
ShortLighter RH MU1,043.80.0032get 0.0004% / 1h22m 58s$1.3M$4.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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
$1.95
Price spread: −0.131% → 0.000%
−$13.1
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$20.14
Costs to cover
0.090%
Break-even
79.2 days
Slippage unknown: Aftermath Perps: no order-book sample; Lighter RH: 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 RH live order book, 5 min ago1.38 bp1.5 bp −$24.5 bp −$45doesn't fitdoesn'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−0.0396%4h1,046.6+0.136%$1.3M$671K10xas long as short
Aster MUUSD10.0000%8h1,044.8−0.037%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,043.9−0.119%$124.2M$522.2M50xas long as short
Bybit MUUSDT0.0000%8h1,044.1−0.104%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.7−0.139%$30.9M$99.4M50xas long as short
RISEx MU/USDC0.0000%1h1,044.2−0.093%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,043.6−0.145%$61.9M$27.8M75xas long as short
Bitget MUUSDT0.0000%8h1,043.9−0.119%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.4+0.028%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,045.6+0.045%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USD0.0000%1h1,044.8−0.036%$189K$3.4M20xas long as short
SunX MU-USDT0.0000%8h1,044.4−0.069%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.6−0.144%$73K$475K10xas long as short
HTX MU-USDT0.0000%8h1,044.1−0.097%$130K$432K50xas long as short
Aftermath Perps MUUSDlong+0.0023%1h1,045.1long leg$3K$44K10x
QFEX MU-USD+0.0032%1h1,043.9−0.122%$7.0M$17.9M10xas long as short
Lighter MU+0.0032%1h1,043.9−0.118%$1.1M$5.1M20xas long as short
Lighter RH MUshort+0.0032%1h1,043.8−0.131%$1.3M$4.4M10x
Extended MU_24_5-USD+0.0032%1h1,043.1−0.199%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.594%$19K$5K12xas long as short
Nado MU-PERP+0.0039%1h1,043.7−0.143%$281K$828K10xas long as short
Arcus MU-USD+0.0040%1h1,045−0.012%$71K$233K10xas long as short
Bullet MU-USD+0.0044%1h1,043.9−0.119%$25K$393K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.7−0.048%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.3−0.177%$176.6M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.148%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.9−0.120%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,044.1−0.103%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,043.6−0.149%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,043.5−0.158%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,044−0.106%$147K$186K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,044.1−0.104%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,045.8+0.063%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,044.4−0.074%$830$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,043.4−0.164%$750K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.3−0.081%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,045.9+0.072%$535K$271K15xas long as short