Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter RH−0.028%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.028%, 7d avg +0.009%
=Together, before fees+0.182%+ Points / potential airdropLighter RH: Points live · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.037% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.009%). If the spread goes back, that is −$4 on $10k: about 43 hours of funding at the current rate (+$2 a day).
| 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 | 35m 32s | $1.3M | $4.4M | 10x |
| Short | KuCoin MUUSDTM | 1,052 | 0.0100 | get 0.0100% / 8h | 4h 35m | $5.3M | $3.4M | 20x |
Lighter RH MU
KuCoin MUUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: −0.028% → +0.009%
- −$3.65
- Slippage, 4 orders
- −$18.76
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.13
- Costs to cover
- 0.308%
- Break-even
- 16.9 days
Slippage from Lighter RH: live order book, 3 min ago; KuCoin: live order book, 2 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, 3 min ago | 1.04 bp | 1.6 bp −$2 | 4.5 bp −$45 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 3.14 bp | 14.1 bp −$14 | 27.5 bp −$275 | 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 | −0.0619% | 4h | 1,052.1 | −0.025% | $1.3M | $672K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.4 | +0.003% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.5 | +0.017% | $334K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052.3 | −0.004% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.3 | +0.001% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.6 | −0.066% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054.1 | +0.171% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.4 | +0.007% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0004% | 8h | 1,052.1 | −0.017% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0018% | 1h | 1,052.3 | −0.003% | $3K | $45K | 10x | as long as short |
edgeX MUUSDC
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aster MUUSD1
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0025% | 8h | 1,052.7 | +0.037% | $19.1M | $32.3M | 100x | as long as short |
| Variational Omni MU | +0.0032% | 8h | 1,052.2 | −0.008% | $2.7M | $2.4M | — | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,052.3 | long leg | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.7 | −0.059% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.091% | $19K | $5K | 12x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052.1 | −0.017% | $7.2M | $17.9M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.030% | $71K | $234K | 10x | as long as short |
| Bullet MU-USD | +0.0041% | 1h | 1,052.4 | +0.003% | $24K | $398K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.2 | +0.087% | — | $176K | 25x | as long as short |
| Nado MU-PERP | +0.0046% | 1h | 1,051.9 | −0.038% | $282K | $842K | 10x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,052.4 | +0.004% | $1.1M | $5.1M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,052.1 | −0.021% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.3 | −0.003% | $691K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,051.4 | −0.085% | $1.9M | $2.2M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.4 | +0.008% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0067% | 8h | 1,052.5 | +0.015% | $126.8M | $517.0M | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0073% | 1h | 1,052.1 | −0.019% | $69K | $420K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0078% | 1h | 1,052 | −0.030% | $178.9M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | −0.018% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.9 | −0.042% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,052.4 | +0.007% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTMshort | +0.0100% | 8h | 1,052 | −0.028% | $5.3M | $3.4M | 20x | |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052.3 | 0.000% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,052.2 | −0.013% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0113% | 8h | 1,052.3 | −0.002% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0188% | 8h | 1,052.3 | −0.003% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.3 | −0.002% | $538K | $271K | 15x | as long as short |
Bybit MUUSDT
Variational Omni MU
Extended MU_24_5-USD
Injective MU/USDC PERP
QFEX MU-USD
Arcus MU-USD
Bullet MU-USD
Vest MU-USD-PERP
Nado MU-PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Binance MUUSDT
Deribit MU_USDC-PERPETUAL
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Aevo MU-PERP
Pacifica MU
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU