Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%
Price spread now: Injective against Lighter RH−0.093%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.071%−$7 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.093% cheaper against Lighter RH than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH MU1,052.30.0032pay 0.0004% / 1h5m 21s$1.3M$4.5M10x
ShortInjective MU/USDC PERP1,051.40.0033get 0.0004% / 1h5m 21s$19K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.28
Price spread: −0.093% → 0.000%
−$9.31
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$9.05
Costs to cover
0.000%
Break-even
233.3 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.66 bp2.1 bp −$25.4 bp −$54doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0138%4h1,052.3−0.005%$1.3M$672K10xas long as short
RISEx MU/USDC0.0000%1h1,052.6+0.022%$334K$348K20xas long as short
Gate MU_USDT0.0000%8h1,052.3−0.003%$62.0M$27.6M75xas long as short
GRVT MU_USDT_Perp0.0000%8h1,052.3−0.002%$78K$1.3M10xas long as short
StandX MU-USD0.0000%1h1,052−0.032%$190K$3.5M20xas long as short
SunX MU-USDT0.0000%8h1,054.2+0.179%$11K$5.8M10xas long as short
HTX MU-USDT0.0000%8h1,052.1−0.022%$130K$430K50xas long as short
Bybit MUUSDT+0.0010%8h1,052.7+0.038%$19.2M$32.3M100xas long as short
OKX MU-USDT-SWAP+0.0016%8h1,052.5+0.012%$31.1M$99.9M50xas long as short
Aftermath Perps MUUSD+0.0018%1h1,051.9−0.040%$3K$44K10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MU-USD+0.0030%1h1,052.2−0.017%$7.2M$18.1M10xas long as short
Lighter RH MUlong+0.0032%1h1,052.3long leg$1.3M$4.5M10x
Injective MU/USDC PERPshort+0.0033%1h1,051.4−0.093%$19K$5K12x
Aster MUUSD1+0.0036%8h1,052.4+0.003%$21.4M$55.0M20xas long as short
Arcus MU-USD+0.0040%1h1,051.9−0.047%$71K$234K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,053.5+0.106%$175K25xas long as short
Nado MU-PERP+0.0048%1h1,051.9−0.038%$282K$844K10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,052.2−0.013%$171K$202K10xas long as short
SoDEX MU-USD+0.0050%1h1,052.2−0.015%$691K$16K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,051.5−0.078%$1.9M$2.3M10xas long as short
Paradex MU-USD-PERP+0.0054%8h1,052.5+0.020%$2K5xas long as short
Lighter MU+0.0056%1h1,052.4+0.006%$1.1M$5.1M20xas long as short
Deribit MU_USDC-PERPETUAL+0.0064%1h1,052.2−0.010%$69K$391K10xas long as short
tradeXYZ xyz:MU+0.0064%1h1,052.3−0.004%$178.6M$98.9M10xas long as short
Bullet MU-USD+0.0065%1h1,052.5+0.012%$26K$398K10xas long as short
Variational Omni MU+0.0071%8h1,052.2−0.014%$2.7M$2.4Mas long as short
Extended MU_24_5-USD+0.0072%1h1,051.8−0.050%$564K$1.1M10xas long as short
Coinbase International MU-PERP-INTX+0.0096%1h1,051.9−0.038%$758K$1.2M10xas long as short
Pacifica MU+0.0100%1h1,052.5+0.010%$148K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,052.1−0.019%$5.3M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,051.8−0.048%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,052.3−0.001%$837$79920xas long as short
Aevo MU-PERP+0.0104%1h1,052.1−0.024%$32K$1K10xas long as short
Binance MUUSDT+0.0104%8h1,052.5+0.017%$126.7M$517.8M50xas long as short
Bitget MUUSDT+0.0135%8h1,052.4+0.007%$20.6M$41.0M50xas long as short
BloFin MU-USDT+0.0227%8h1,052.2−0.014%$1.5M$2.0M20xas long as short
Phoenix MU+0.0229%1h1,052.5+0.015%$538K$271K15xas long as short