Funding you earn now, next payment 11:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.001%
Price spread now: Lighter RH against Bitget−0.026%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days−0.045%−$5 · spread now −0.026%, 7d avg −0.060%
=Together, before fees−0.147%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.034% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUUSDT | 1,038.6 | 0 | get 0.0000% / 8h | 5h 27m | $19.8M | $43.7M | 50x |
| Short | Lighter RH MU | 1,038.4 | 0.0032 | get 0.0004% / 1h | 27m 18s | $1.1M | $4.5M | 10x |
Bitget MUUSDT
Lighter RH MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Bitget. 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
- $6.72
- Price spread: −0.026% → −0.060%
- $3.38
- Slippage, 4 orders
- −$7.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$9.05
- Costs to cover
- 0.191%
- Break-even
- 16.4 days
Slippage from Bitget: live order book, 5 min ago; Lighter RH: live order book, 4 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 Bitget live order book, 5 min ago | 0.05 bp | 8.6 bp −$9 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.54 bp | 1.5 bp −$2 | 4.7 bp −$47 | doesn't fit | doesn't fit |
MU on 37 exchanges
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 | −0.0362% | 4h | 1,038.6 | −0.009% | $1.3M | $694K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.6 | −0.005% | $21.2M | $73.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.7 | +0.005% | $121.8M | $555.6M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.5 | −0.015% | $29.7M | $106.9M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.4 | −0.024% | $61.3M | $28.1M | 75x | as long as short |
| Bitget MUUSDTlong | 0.0000% | 8h | 1,038.6 | long leg | $19.8M | $43.7M | 50x | |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | −0.019% | $2.6M | $2.5M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,038 | −0.066% | $188K | $3.7M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.1 | +0.137% | $11K | $5.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,037.9 | −0.073% | $33K | $732K | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Variational Omni MU
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUALShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,038.2 | −0.040% | $119K | $473K | 50x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,038.4 | −0.026% | $1.1M | $4.5M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.225% | $19K | $5K | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0036% | 1h | 1,038.3 | −0.029% | $3K | $41K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,039.5 | +0.087% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.4 | −0.023% | $169K | $167K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.3 | −0.031% | $683K | $14K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.9 | −0.070% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0058% | 1h | 1,038.6 | −0.006% | $7.0M | $19.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0075% | 8h | 1,038.5 | −0.009% | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.0076% | 8h | 1,038.7 | +0.008% | $18.9M | $32.4M | 100x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.1 | −0.048% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.2 | −0.042% | $151K | $228K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.2 | −0.043% | $5.2M | $6.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.7 | −0.088% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.2 | −0.042% | $825 | $799 | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0116% | 8h | 1,038.7 | +0.002% | $84K | $1.4M | 10x | as long as short |
| RISEx MU/USDC | +0.0118% | 1h | 1,038.7 | +0.004% | $299K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.6 | −0.007% | $1.5M | $2.6M | 20x | as long as short |
| Nado MU-PERP | +0.0131% | 1h | 1,038 | −0.060% | $276K | $839K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,038 | −0.060% | $90K | $140K | 10x | as long as short |
| Lighter MU | +0.0160% | 1h | 1,038.5 | −0.016% | $1.0M | $5.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0192% | 1h | 1,038 | −0.065% | $726K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0220% | 1h | 1,038.3 | −0.033% | $177.2M | $75.5M | 10x | as long as short |
| Bullet MU-USD | +0.0222% | 1h | 1,038.8 | +0.015% | $25K | $383K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0248% | 1h | 1,037.6 | −0.102% | $546K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0308% | 1h | 1,038.6 | −0.004% | $532K | $159K | 15x | as long as short |
HTX MU-USDT
Injective MU/USDC PERP
Aftermath Perps MUUSD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Paradex MU-USD-PERP
Bybit MUUSDT
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
GRVT MU_USDT_Perp
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU