Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h −0.005%
Price spread now: Aftermath Perps 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
Funding, last 3 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.028% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MU | 1,039 | 0.0096 | pay 0.0012% / 1h | 35m 22s | $1.0M | $4.9M | 20x |
| Short | Aftermath Perps MUUSD | 1,038.7 | 0.0020 | get 0.0002% / 1h | 35m 22s | $3K | $44K | 10x |
Lighter MU
Aftermath Perps MUUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Lighter. 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
- −$15.99
- Price spread: −0.028% → 0.000%
- −$2.82
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$27.82
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 3 min ago; Aftermath Perps: 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, 3 min ago | 1.25 bp | 1.7 bp −$2 | 2.5 bp −$25 | 24.4 bp −$2,438 | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0056% | 4h | 1,039 | +0.004% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,039.3 | +0.036% | $21.1M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,039.2 | +0.022% | $121.5M | $526.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,039.1 | +0.017% | $18.5M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.7 | −0.029% | $30.1M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,039 | 0.000% | $335K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.7 | −0.022% | $61.6M | $28.2M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,039 | 0.000% | $20.4M | $40.9M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.2 | −0.067% | $2.6M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039.6 | +0.061% | $75K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,039.4 | +0.042% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,040.1 | +0.112% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.3 | −0.066% | $127K | $447K | 50x | as long as short |
| Aftermath Perps MUUSDshort | +0.0020% | 1h | 1,038.7 | −0.028% | $3K | $44K | 10x | |
| Nado MU-PERP | +0.0022% | 1h | 1,038.4 | −0.049% | $278K | $819K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,038.9 | −0.008% | $7.0M | $17.9M | 10x | as long as short |
| Bullet MU-USD | +0.0025% | 1h | 1,039 | +0.004% | $26K | $391K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,038.8 | −0.018% | $1.2M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,038.1 | −0.077% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.194% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.5 | −0.048% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.6 | −0.034% | — | $174K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0049% | 1h | 1,038.3 | −0.062% | $73K | $509K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.6 | −0.034% | $176.5M | $92.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.4 | −0.053% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.1 | −0.082% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.7 | −0.120% | $1.9M | $2.4M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,039 | +0.006% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.7 | −0.120% | $32K | $1K | 10x | as long as short |
| Lighter MUlong | +0.0096% | 1h | 1,039 | long leg | $1.0M | $4.9M | 20x | |
| Pacifica MU | +0.0100% | 1h | 1,038.7 | −0.026% | $146K | $187K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.4 | −0.057% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.8 | −0.019% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | −0.064% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,039.6 | +0.066% | $1.5M | $2.0M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,037.9 | −0.104% | $741K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.9 | −0.101% | $531K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Nado MU-PERP
QFEX MU-USD
Bullet MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU