Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.021%
Price spread now: Aevo against Lighter RH−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.033% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,045.1 | 0.0032 | pay 0.0004% / 1h | 21m 18s | $1.3M | $4.4M | 10x |
| Short | Aevo MU-PERP | 1,044.7 | 0.0080 | get 0.0010% / 1h | 21m 18s | $32K | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter RH. 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
- $10.08
- Price spread: −0.033% → 0.000%
- −$3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$9.27
- Costs to cover
- 0.160%
- Break-even
- 13.4 days
Slippage unknown: Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 0.77 bp | 1.9 bp −$2 | 5.8 bp −$58 | doesn't fit | 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 | −0.0096% | 4h | 1,044 | −0.105% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.3 | +0.017% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.3 | +0.020% | $124.4M | $522.3M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.4 | +0.033% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.1 | +0.003% | $30.9M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.2 | +0.012% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,045 | −0.010% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.3 | +0.018% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.4 | +0.035% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.6 | +0.052% | $79K | $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 | 1,044.2 | −0.082% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.232% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.8 | −0.029% | $130K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,045 | −0.007% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045.1 | −0.001% | $7.1M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,045.2 | +0.008% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,045.1 | long leg | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.7 | −0.033% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.601% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0038% | 1h | 1,044.8 | −0.027% | $281K | $828K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.6 | −0.050% | $70K | $233K | 10x | as long as short |
| Bullet MU-USD | +0.0045% | 1h | 1,045.3 | +0.019% | $26K | $393K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.5 | +0.038% | — | $176K | 25x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0047% | 1h | 1,045 | −0.011% | $73K | $477K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.9 | −0.017% | $176.9M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | −0.008% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.7 | −0.033% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.3 | +0.022% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.3 | −0.075% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERPshort | +0.0080% | 1h | 1,044.7 | −0.033% | $32K | $1K | 10x | |
| Pacifica MU | +0.0100% | 1h | 1,045 | −0.007% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,045 | −0.005% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,044 | −0.102% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045 | −0.009% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.8 | −0.032% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,044.3 | −0.075% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.9 | −0.017% | $534K | $271K | 15x | as long as short |
Lighter RH MU
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_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU