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
Funding, last 7 days−0.071%−$7 on $10k
+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 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,052.3 | 0.0032 | pay 0.0004% / 1h | 5m 21s | $1.3M | $4.5M | 10x |
| Short | Injective MU/USDC PERP | 1,051.4 | 0.0033 | get 0.0004% / 1h | 5m 21s | $19K | $5K | 12x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 3 min ago | 1.66 bp | 2.1 bp −$2 | 5.4 bp −$54 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0138% | 4h | 1,052.3 | −0.005% | $1.3M | $672K | 10x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.6 | +0.022% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.003% | $62.0M | $27.6M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | −0.002% | $78K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,052 | −0.032% | $190K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.2 | +0.179% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.1 | −0.022% | $130K | $430K | 50x | as long as short |
| Bybit MUUSDT | +0.0010% | 8h | 1,052.7 | +0.038% | $19.2M | $32.3M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.0016% | 8h | 1,052.5 | +0.012% | $31.1M | $99.9M | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,051.9 | −0.040% | $3K | $44K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MU-USD | +0.0030% | 1h | 1,052.2 | −0.017% | $7.2M | $18.1M | 10x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,052.3 | long leg | $1.3M | $4.5M | 10x | |
| Injective MU/USDC PERPshort | +0.0033% | 1h | 1,051.4 | −0.093% | $19K | $5K | 12x | |
| Aster MUUSD1 | +0.0036% | 8h | 1,052.4 | +0.003% | $21.4M | $55.0M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,051.9 | −0.047% | $71K | $234K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.5 | +0.106% | — | $175K | 25x | as long as short |
| Nado MU-PERP | +0.0048% | 1h | 1,051.9 | −0.038% | $282K | $844K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.2 | −0.013% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.2 | −0.015% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.5 | −0.078% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,052.5 | +0.020% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,052.4 | +0.006% | $1.1M | $5.1M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0064% | 1h | 1,052.2 | −0.010% | $69K | $391K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0064% | 1h | 1,052.3 | −0.004% | $178.6M | $98.9M | 10x | as long as short |
| Bullet MU-USD | +0.0065% | 1h | 1,052.5 | +0.012% | $26K | $398K | 10x | as long as short |
| Variational Omni MU | +0.0071% | 8h | 1,052.2 | −0.014% | $2.7M | $2.4M | — | as long as short |
| Extended MU_24_5-USD | +0.0072% | 1h | 1,051.8 | −0.050% | $564K | $1.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,051.9 | −0.038% | $758K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.5 | +0.010% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,052.1 | −0.019% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,051.8 | −0.048% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.3 | −0.001% | $837 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,052.1 | −0.024% | $32K | $1K | 10x | as long as short |
| Binance MUUSDT | +0.0104% | 8h | 1,052.5 | +0.017% | $126.7M | $517.8M | 50x | as long as short |
| Bitget MUUSDT | +0.0135% | 8h | 1,052.4 | +0.007% | $20.6M | $41.0M | 50x | as long as short |
| BloFin MU-USDT | +0.0227% | 8h | 1,052.2 | −0.014% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,052.5 | +0.015% | $538K | $271K | 15x | as long as short |
Lighter RH MU
Injective MU/USDC PERP
edgeX MUUSDC
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Bybit MUUSDT
OKX MU-USDT-SWAP
Aftermath Perps MUUSD
Aster MUUSD1
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Lighter MU
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Bullet MU-USD
Variational Omni MU
Extended MU_24_5-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU