MU

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.022%

Price spread now: Lighter RH against ApeX Omni+0.026%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on ApeX Omni Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.133%−$13 on $10k

Price spread, last 3 days (all we have)−0.059%−$6 · spread now +0.026%, 7d avg −0.024%

Together, before fees−0.192%+ Points / potential airdropLighter RH: Points live · farm board−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.050% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.024%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MUUSDT	1,043.1	0.0100	pay 0.0013% / 1h	45m 29s	$71K	$266K	50x
Short	Lighter RH MU	1,043.3	0.0032	get 0.0004% / 1h	45m 29s	$1.1M	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee Lighter RHbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$14.28
Price spread: +0.026% → −0.024%: $4.96
Slippage, 4 orders: −$34.26
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$53.59
Costs to cover: 0.443%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 36 min ago; Lighter RH: live order book, 3 min ago.

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 ApeX Omni live order book, 36 min ago	8.67 bp	20.5 bp −$20	186.1 bp −$1,861	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	0.48 bp	0.6 bp −$1	2.7 bp −$27	doesn't fit	doesn't fit

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	−0.0599%	4h	1,043.5	+0.044%	$1.3M	$673K	10x	as long as short
Gate MU_USDT	0.0000%	8h	1,043.6	+0.052%	$62.8M	$28.9M	75x	as long as short
StandX MU-USD	0.0000%	1h	1,042.7	−0.035%	$188K	$3.3M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,045.4	+0.226%	$11K	$6.6M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,043.1	+0.003%	$125K	$441K	50x	as long as short
OKX MU-USDT-SWAP	+0.0004%	8h	1,043.6	+0.048%	$30.7M	$104.5M	50x	as long as short
Aftermath Perps MUUSD	+0.0030%	1h	1,043.2	+0.015%	$3K	$44K	10x	as long as short
Lighter RH MUshort	+0.0032%	1h	1,043.3	+0.026%	$1.1M	$4.2M	10x
Injective MU/USDC PERP	+0.0033%	1h	1,050.7	+0.732%	$14K	$302	12x	as long as short
Aster MUUSD1	+0.0036%	8h	1,044.1	+0.102%	$21.5M	$47.2M	20x	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	1,043.1	+0.002%	—	$193K	25x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,043.4	+0.032%	$165K	$180K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,043.5	+0.037%	$685K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,042.7	−0.040%	$2.0M	$2.7M	10x	as long as short
QFEX MU-USD	+0.0071%	1h	1,043.6	+0.051%	$7.8M	$24.2M	10x	as long as short
Bitget MUUSDT	+0.0082%	8h	1,043.6	+0.053%	$20.4M	$42.9M	50x	as long as short
Pacifica MU	+0.0100%	1h	1,043.1	+0.006%	$154K	$182K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,042.9	−0.018%	$5.2M	$3.9M	20x	as long as short
ApeX Omni MUUSDTlong	+0.0100%	1h	1,043.1	long leg	$71K	$266K	50x
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,043.5	+0.045%	$830	$799	20x	as long as short
Variational Omni MU	+0.0105%	8h	1,043.7	+0.061%	$2.6M	$2.7M	—	as long as short
Aevo MU-PERP	+0.0112%	1h	1,043.3	+0.018%	$33K	—	10x	as long as short
Paradex MU-USD-PERP	+0.0118%	8h	1,043.4	+0.034%	$2K	—	5x	as long as short
Binance MUUSDT	+0.0130%	8h	1,043.8	+0.074%	$124.9M	$537.2M	50x	as long as short
Coinbase International MU-PERP-INTX	+0.0184%	1h	1,043.8	+0.072%	$756K	$1.4M	10x	as long as short
Lighter MU	+0.0192%	1h	1,043.5	+0.037%	$1.0M	$4.8M	20x	as long as short
Nado MU-PERP	+0.0193%	1h	1,042.8	−0.026%	$303K	$849K	10x	as long as short
GRVT MU_USDT_Perp	+0.0194%	8h	1,043.7	+0.060%	$82K	$1.4M	10x	as long as short
Bybit MUUSDT	+0.0208%	8h	1,044	+0.084%	$19.1M	$32.5M	100x	as long as short
BloFin MU-USDT	+0.0249%	8h	1,043.4	+0.027%	$1.5M	$2.1M	20x	as long as short
Bullet MU-USD	+0.0253%	1h	1,043.5	+0.041%	$26K	$399K	10x	as long as short
tradeXYZ xyz:MU	+0.0356%	1h	1,043.6	+0.051%	$176.3M	$107.1M	10x	as long as short
Phoenix MU	+0.0383%	1h	1,044	+0.089%	$534K	$306K	15x	as long as short
Arcus MU-USD	+0.0435%	1h	1,043.4	+0.034%	$63K	$230K	10x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0441%	1h	1,043.2	+0.016%	$60K	$241K	10x	as long as short
RISEx MU/USDC	+0.0499%	1h	1,044	+0.091%	$285K	$333K	20x	as long as short
Extended MU_24_5-USD	+0.0600%	1h	1,042.5	−0.055%	$541K	$1.1M	10x	as long as short