Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Lighter RH against Extended+0.031%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$120.117% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.031%, 7d avg +0.007%
=Together, before fees−0.171%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.024% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,029.7 | 0.0032 | pay 0.0004% / 1h | 42m 49s | $543K | $1.1M | 10x |
| Short | Lighter RH MU | 1,030 | 0.0032 | get 0.0004% / 1h | 42m 49s | $1.1M | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Extended. 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
- $0
- Price spread: +0.031% → +0.007%
- $2.38
- Slippage, 4 orders
- −$6.74
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$9.36
- Costs to cover
- 0.117%
- Break-even
- never at this rate
Slippage from Extended: live order book, just now; Lighter RH: live order book, 6 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 Extended live order book, just now | 0.15 bp | 6.3 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 0.05 bp | 1.9 bp −$2 | 5.0 bp −$50 | 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 | −0.0734% | 4h | 1,030.8 | +0.111% | $1.3M | $674K | 10x | as long as short |
| Bitget MUUSDT | −0.0082% | 8h | 1,030.1 | +0.042% | $19.9M | $40.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,030.8 | +0.111% | $21.1M | $68.7M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,030.1 | +0.036% | $121.3M | $543.0M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,030.1 | +0.039% | $18.6M | $32.1M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,030 | +0.029% | $29.5M | $100.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,030.7 | +0.098% | $310K | $380K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,030.1 | +0.044% | $61.9M | $27.8M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,030.2 | +0.053% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,031.3 | +0.159% | $72K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,031.4 | +0.170% | $187K | $3.6M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,031.6 | +0.183% | $11K | $5.4M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,030.6 | +0.083% | $73K | $626K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,030.4 | +0.071% | $119K | $492K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0024% | 1h | 1,030.7 | +0.103% | $3K | $43K | 10x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,030.8 | +0.106% | $6.9M | $18.7M | 10x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,030 | +0.031% | $1.1M | $4.4M | 10x | |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,029.7 | long leg | $543K | $1.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.104% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,030 | +0.033% | $89K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,030.4 | +0.072% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,030 | +0.030% | $167K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,030.5 | +0.078% | $676K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,029.9 | +0.024% | $1.9M | $2.9M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0057% | 8h | 1,030.8 | +0.109% | $2K | — | 5x | as long as short |
| tradeXYZ xyz:MU | +0.0063% | 1h | 1,029.9 | +0.020% | $174.2M | $80.5M | 10x | as long as short |
| Lighter MU | +0.0064% | 1h | 1,030.2 | +0.045% | $989K | $4.9M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,030.2 | +0.049% | $32K | $1K | 10x | as long as short |
| Nado MU-PERP | +0.0085% | 1h | 1,030.1 | +0.036% | $272K | $806K | 10x | as long as short |
| Bullet MU-USD | +0.0093% | 1h | 1,030.7 | +0.098% | $25K | $389K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,030.1 | +0.042% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,029.7 | −0.002% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,030.3 | +0.062% | $5.1M | $4.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,032 | +0.225% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,030.6 | +0.084% | $819 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,030.8 | +0.106% | $1.5M | $2.2M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,031.9 | +0.214% | $528K | $270K | 15x | as long as short |
Extended MU_24_5-USD
Lighter RH MU
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
tradeXYZ xyz:MU
Lighter MU
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
BloFin MU-USDT
Phoenix MU