MU

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: Aevo against Lighter−0.028%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.028% cheaper against Lighter than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 40 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MU	1,052.4	0.0056	pay 0.0007% / 1h	8m 28s	$1.1M	$5.1M	20x
Short	Aevo MU-PERP	1,052.1	0.0112	get 0.0014% / 1h	8m 28s	$32K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: $11.76
Price spread: −0.028% → 0.000%: −$2.79
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$7.03
Costs to cover: 0.160%
Break-even: 11.2 days

Slippage unknown: Lighter: live order book, 4 min ago; Aevo: no order-book sample. Net counts fees only.

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 Lighter live order book, 4 min ago	0.43 bp	0.6 bp −$1	1.9 bp −$19	14.4 bp −$1,435	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MUUSDC	−0.0620%	4h	1,051.9	−0.047%	$1.3M	$671K	10x	as long as short
RISEx MU/USDC	0.0000%	1h	1,052.7	+0.030%	$334K	$348K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,052.3	−0.003%	$62.0M	$27.6M	75x	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,052.3	−0.008%	$85K	$1.3M	10x	as long as short
StandX MU-USD	0.0000%	1h	1,052.1	−0.027%	$190K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,053.9	+0.143%	$11K	$5.8M	10x	as long as short
Deribit MU_USDC-PERPETUAL	0.0000%	1h	1,051.9	−0.041%	$68K	$386K	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,052	−0.038%	$130K	$430K	50x	as long as short
Bybit MUUSDT	+0.0006%	8h	1,052.8	+0.043%	$19.2M	$32.3M	100x	as long as short
OKX MU-USDT-SWAP	+0.0017%	8h	1,052.6	+0.023%	$31.1M	$100.0M	50x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MUUSD	+0.0018%	1h	1,051.5	−0.085%	$3K	$45K	10x	as long as short
QFEX MU-USD	+0.0030%	1h	1,052.3	−0.010%	$7.2M	$18.1M	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,052.4	+0.003%	$1.3M	$4.5M	10x	as long as short
Injective MU/USDC PERP	+0.0033%	1h	1,051.4	−0.095%	$19K	$5K	12x	as long as short
Arcus MU-USD	+0.0040%	1h	1,051.7	−0.063%	$71K	$235K	10x	as long as short
Aster MUUSD1	+0.0042%	8h	1,052.5	+0.009%	$21.4M	$54.5M	20x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,053.4	+0.103%	—	$175K	25x	as long as short
Nado MU-PERP	+0.0048%	1h	1,052.1	−0.024%	$282K	$845K	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,052.2	−0.015%	$171K	$202K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,052	−0.035%	$690K	$16K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,051.4	−0.092%	$1.9M	$2.3M	10x	as long as short
Paradex MU-USD-PERP	+0.0054%	8h	1,052.4	+0.003%	$2K	—	5x	as long as short
Lighter MUlong	+0.0056%	1h	1,052.4	long leg	$1.1M	$5.1M	20x
tradeXYZ xyz:MU	+0.0061%	1h	1,052.3	−0.006%	$178.5M	$98.9M	10x	as long as short
Bullet MU-USD	+0.0064%	1h	1,052.6	+0.019%	$25K	$398K	10x	as long as short
Extended MU_24_5-USD	+0.0072%	1h	1,051.8	−0.056%	$564K	$1.1M	10x	as long as short
Variational Omni MU	+0.0081%	8h	1,051.9	−0.044%	$2.7M	$2.4M	—	as long as short
Coinbase International MU-PERP-INTX	+0.0096%	1h	1,051.9	−0.040%	$758K	$1.2M	10x	as long as short
Pacifica MU	+0.0100%	1h	1,052	−0.035%	$148K	$185K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,052.2	−0.011%	$5.3M	$3.4M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,051.8	−0.050%	$71K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,052.4	−0.001%	$837	$799	20x	as long as short
Binance MUUSDT	+0.0107%	8h	1,052.5	+0.011%	$126.7M	$518.1M	50x	as long as short
Aevo MU-PERPshort	+0.0112%	1h	1,052.1	−0.028%	$32K	$1K	10x
Bitget MUUSDT	+0.0129%	8h	1,052.4	+0.004%	$20.6M	$41.1M	50x	as long as short
Phoenix MU	+0.0229%	1h	1,051.7	−0.063%	$538K	$271K	15x	as long as short
BloFin MU-USDT	+0.0230%	8h	1,052.1	−0.021%	$1.5M	$2.0M	20x	as long as short