Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter RH−0.050%7-day average −0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.052%+$5 · spread now −0.050%, 7d avg −0.032%
=Together, before fees+0.082%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.032%, 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 | 1,052.1 | 0.0032 | pay 0.0004% / 1h | 38m 30s | $1.3M | $4.4M | 10x |
| Short | Ondo Perps MU-USD.P | 1,051.6 | 0.0050 | get 0.0006% / 1h | 38m 30s | $1.9M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $3.86
- Price spread: −0.050% → −0.032%
- −$1.83
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$2.96
- Costs to cover
- 0.050%
- Break-even
- 12.4 days
Slippage unknown: Lighter RH: live order book, 5 min ago; Ondo Perps: 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, 5 min ago | 1.71 bp | 1.7 bp −$2 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | −0.0746% | 4h | 1,052.4 | +0.028% | $1.3M | $671K | 10x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,052.1 | +0.004% | $31.2M | $99.8M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,052.3 | +0.020% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,052 | −0.005% | $62.3M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,052.6 | +0.046% | $82K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,051.7 | −0.035% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,054 | +0.182% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,052.3 | +0.018% | $131K | $436K | 50x | as long as short |
| Aster MUUSD1 | +0.0005% | 8h | 1,052.1 | −0.001% | $21.4M | $55.0M | 20x | as long as short |
| Aftermath Perps MUUSD | +0.0017% | 1h | 1,052.3 | +0.021% | $3K | $45K | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUUSDT | +0.0020% | 8h | 1,052.5 | +0.037% | $19.1M | $32.3M | 100x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,052.1 | long leg | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,051.6 | −0.048% | $564K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | −0.068% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0034% | 1h | 1,052.3 | +0.021% | $25K | $398K | 10x | as long as short |
| QFEX MU-USD | +0.0034% | 1h | 1,052 | −0.008% | $7.2M | $18.0M | 10x | as long as short |
| Variational Omni MU | +0.0036% | 8h | 1,052.5 | +0.038% | $2.7M | $2.4M | — | as long as short |
| Lighter MU | +0.0040% | 1h | 1,052.1 | +0.004% | $1.1M | $5.1M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,052 | −0.009% | $71K | $234K | 10x | as long as short |
| Nado MU-PERP | +0.0041% | 1h | 1,051.7 | −0.034% | $282K | $843K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,053.3 | +0.116% | — | $176K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051.9 | −0.017% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,052.1 | +0.001% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.Pshort | +0.0050% | 1h | 1,051.6 | −0.050% | $1.9M | $2.2M | 10x | |
| Paradex MU-USD-PERP | +0.0052% | 8h | 1,052.2 | +0.012% | $2K | — | 5x | as long as short |
| Binance MUUSDT | +0.0070% | 8h | 1,052.2 | +0.013% | $126.8M | $517.1M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.0075% | 1h | 1,052 | −0.008% | $178.8M | $99.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,052.1 | +0.005% | $758K | $1.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0096% | 1h | 1,051.8 | −0.026% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.6 | −0.042% | $148K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.9 | −0.021% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,053 | +0.091% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.9 | −0.019% | $836 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0118% | 8h | 1,052.2 | +0.007% | $20.6M | $41.1M | 50x | as long as short |
| BloFin MU-USDT | +0.0190% | 8h | 1,052.3 | +0.016% | $1.5M | $2.0M | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0197% | 1h | 1,051.9 | −0.013% | $69K | $417K | 10x | as long as short |
| Phoenix MU | +0.0304% | 1h | 1,052.6 | +0.049% | $538K | $271K | 15x | as long as short |
Lighter RH MU
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 MUUSD
Bybit MUUSDT
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Variational Omni MU
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Binance MUUSDT
tradeXYZ xyz:MU
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Bitget MUUSDT
BloFin MU-USDT
Deribit MU_USDC-PERPETUAL
Phoenix MU