Funding you earn now, next payment 07:00 UTC−0.0256%/8h= −28.0% APRpaid last 24h −0.014%
Price spread now: edgeX against Lighter+0.033%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs+$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$120.123% of the position
Funding, last 7 days+0.611%+$61 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.033%, 7d avg −0.003%
=Together, before fees+0.558%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.036% dearer against Lighter than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.003%): +$4 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.611%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MU | 1,036.7 | 0.0032 | pay 0.0004% / 1h | 1m 16s | $1.0M | $5.0M | 20x |
| Short | edgeX MUUSDC | 1,037 | −0.0224 | pay 0.0112% / 4h | 1h 01m | $1.3M | $673K | 10x |
Lighter MU
edgeX MUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$53.74
- Price spread: +0.033% → −0.003%
- $3.6
- Slippage, 4 orders
- −$3.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$62.48
- Costs to cover
- 0.123%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; edgeX: live order book, 3 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, 7 min ago | 1.06 bp | 1.1 bp −$1 | 2.2 bp −$22 | 15.4 bp −$1,543 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.34 bp | 4.9 bp −$5 | 6.6 bp −$66 | 27.7 bp −$2,766 | 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 MUUSDCshort | −0.0224% | 4h | 1,037 | +0.033% | $1.3M | $673K | 10x | |
| Bitget MUUSDT | −0.0158% | 8h | 1,036.8 | +0.013% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0003% | 1h | 1,036.5 | −0.020% | $279K | $809K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,037 | +0.033% | $21.1M | $63.9M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,036.6 | −0.008% | $122.1M | $538.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,036.7 | +0.002% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,036.5 | −0.018% | $29.7M | $99.9M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,036.8 | +0.009% | $313K | $386K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,036.6 | −0.008% | $61.4M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | +0.166% | $2.5M | $2.5M | — | as long as short |
Bitget MUUSDT
Nado MU-PERP
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MUShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,036.7 | +0.005% | $83K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,037.1 | +0.040% | $187K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,036.7 | −0.003% | $24K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.5 | +0.170% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,036.3 | −0.040% | $127K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,037.1 | +0.043% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0020% | 1h | 1,036.4 | −0.031% | $74K | $583K | 10x | as long as short |
| Lighter MUlong | +0.0032% | 1h | 1,036.7 | long leg | $1.0M | $5.0M | 20x | |
| Lighter RH MU | +0.0032% | 1h | 1,036.6 | −0.011% | $1.1M | $4.5M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.2 | −0.053% | $554K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,036.6 | −0.006% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.414% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,036.8 | +0.013% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,036.7 | −0.004% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,036.4 | −0.029% | $176.2M | $85.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.5 | −0.019% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,036.5 | −0.018% | $680K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,036.4 | −0.027% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,036.5 | −0.016% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.2 | −0.049% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,036.7 | −0.003% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.4 | −0.027% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,037.6 | +0.088% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,036.7 | 0.000% | $824 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,038.8 | +0.201% | $734K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,036.7 | −0.005% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,037.3 | +0.058% | $531K | $270K | 15x | as long as short |
GRVT MU_USDT_Perp
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
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
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU