Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.007%
Price spread now: Aster against Lighter RH+0.046%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.146% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now +0.046%, 7d avg +0.049%
=Together, before fees−0.034%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,037.1 | 0.0032 | pay 0.0004% / 1h | 4m 17s | $1.2M | $4.4M | 10x |
| Short | Aster MUUSD1 | 1,037.6 | 0 | get 0.0000% / 8h | 1h 04m | $21.2M | $63.4M | 20x |
Lighter RH MU
Aster MUUSD1Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$6.72
- Price spread: +0.046% → +0.049%
- −$0.29
- Slippage, 4 orders
- −$6.63
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$21.63
- Costs to cover
- 0.146%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Aster: live order book, 5 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 RH live order book, 4 min ago | 1.40 bp | 1.4 bp −$1 | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.49 bp | 6.3 bp −$6 | 15.1 bp −$151 | 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 | −0.0729% | 4h | 1,038.8 | +0.158% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0145% | 8h | 1,037.6 | +0.045% | $20.2M | $40.4M | 50x | as long as short |
| Nado MU-PERP | −0.0006% | 1h | 1,036.9 | −0.027% | $279K | $810K | 10x | as long as short |
| Aster MUUSD1short | 0.0000% | 8h | 1,037.6 | +0.046% | $21.2M | $63.4M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,037.4 | +0.030% | $122.2M | $538.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,037.5 | +0.031% | $18.7M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,037.5 | +0.035% | $29.7M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,037.2 | +0.006% | $313K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,037.3 | +0.012% | $61.4M | $28.7M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.4 | +0.125% | $2.5M | $2.5M | — | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Nado MU-PERP
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 | 1,039.1 | +0.194% | $84K | $1.4M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,037.8 | +0.062% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,037.4 | +0.026% | $24K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,038.7 | +0.152% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.1 | 0.000% | $128K | $442K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0014% | 1h | 1,037.9 | +0.074% | $3K | $44K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,037.3 | +0.013% | $1.0M | $5.0M | 20x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,037.1 | long leg | $1.2M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,036.8 | −0.037% | $537K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,036.8 | −0.036% | $7.0M | $18.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.372% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.7 | +0.059% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.5 | +0.033% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037 | −0.013% | $176.3M | $85.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,036.9 | −0.022% | $168K | $195K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.4 | +0.021% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.1 | +0.089% | $1.8M | $2.7M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,037.2 | +0.007% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,036.9 | −0.022% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.2 | +0.010% | $147K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,036.9 | −0.027% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039 | +0.182% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.2 | +0.011% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,038.8 | +0.159% | $734K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,037.8 | +0.068% | $1.5M | $2.1M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0145% | 1h | 1,037.1 | −0.005% | $74K | $579K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.2 | +0.200% | $532K | $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
Lighter 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
Deribit MU_USDC-PERPETUAL
Phoenix MU