Funding you earn now, next payment 06:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h −0.013%
Price spread now: Aster against Lighter+0.026%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.185% of the position
Funding, last 7 days−0.198%−$20 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.026%, 7d avg +0.028%
=Together, before fees−0.222%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MU | 1,042.8 | 0.0136 | pay 0.0017% / 1h | 54m 40s | $1.1M | $4.9M | 20x |
| Short | Aster MUUSD1 | 1,043.1 | 0 | get 0.0000% / 8h | 2h 54m | $21.2M | $57.2M | 20x |
Lighter MU
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$28.56
- Price spread: +0.026% → +0.028%
- −$0.16
- Slippage, 4 orders
- −$10.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$47.19
- Costs to cover
- 0.185%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Aster: 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 Lighter live order book, 3 min ago | 0.62 bp | 0.6 bp −$1 | 0.7 bp −$7 | 18.7 bp −$1,872 | doesn't fit |
| Sell Aster live order book, 4 min ago | 1.68 bp | 7.8 bp −$8 | 19.6 bp −$196 | 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 | −0.0628% | 4h | 1,041.4 | −0.136% | $1.3M | $671K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,043.1 | +0.026% | $21.2M | $57.2M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,042.5 | −0.025% | $123.0M | $526.5M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,042.6 | −0.015% | $18.6M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.7 | −0.012% | $30.5M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,042.2 | −0.054% | $336K | $354K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.3 | −0.045% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,042.6 | −0.023% | $20.4M | $41.7M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042.8 | +0.004% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,042.1 | −0.062% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
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 | 1,042.6 | −0.015% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043.7 | +0.088% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,042.1 | −0.068% | $73K | $497K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,042.5 | −0.028% | $128K | $439K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,041.2 | −0.157% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,042.1 | −0.063% | $7.0M | $18.1M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.4 | −0.042% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.8 | −0.099% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.822% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,041.5 | −0.126% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.5 | −0.033% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,041.8 | −0.096% | $281K | $821K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,042.1 | −0.066% | $177.1M | $93.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041.6 | −0.114% | $169K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.5 | −0.127% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,042.6 | −0.017% | $2K | — | 5x | as long as short |
| SoDEX MU-USD | +0.0057% | 1h | 1,042.4 | −0.042% | $684K | $16K | 10x | as long as short |
| Bullet MU-USD | +0.0064% | 1h | 1,042.2 | −0.058% | $26K | $392K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,041.8 | −0.094% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.4 | −0.037% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.1 | −0.068% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.9 | −0.084% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.2 | −0.060% | $829 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,042.8 | 0.000% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MUlong | +0.0136% | 1h | 1,042.8 | long leg | $1.1M | $4.9M | 20x | |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,041.2 | −0.153% | $746K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,040.7 | −0.200% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
SoDEX MU-USD
Bullet MU-USD
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