Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.030%
Price spread now: Pacifica against Lighter RH+0.045%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$160.164% of the position
Funding, last 7 days+0.122%+$12 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.045%, 7d avg −0.005%
=Together, before fees+0.086%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Pacifica is 0.051% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,049.1 | 0.0032 | pay 0.0004% / 1h | 32m 28s | $1.2M | $4.1M | 10x |
| Short | Pacifica MU | 1,049.6 | 0.0100 | get 0.0013% / 1h | 32m 28s | $148K | $186K | 10x |
Lighter RH MU
Pacifica MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: +0.045% → −0.005%
- $5.08
- Slippage, 4 orders
- −$8.44
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $2.92
- Costs to cover
- 0.164%
- Break-even
- 5.6 days
Slippage from Lighter RH: live order book, 6 min ago; Pacifica: live order book, 40 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, 6 min ago | 0.05 bp | 1.8 bp −$2 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 40 min ago | 2.30 bp | 7.8 bp −$8 | doesn't fit | 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 | −0.0111% | 4h | 1,049.2 | +0.012% | $1.3M | $673K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,049.6 | +0.042% | $62.8M | $28.8M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,047.7 | −0.140% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,049.7 | +0.056% | $11K | $6.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,048.1 | −0.097% | $63K | $300K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,048 | −0.105% | $129K | $425K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,048.7 | −0.036% | $3K | $45K | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,049.2 | +0.007% | $1.1M | $4.8M | 20x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,049.1 | long leg | $1.2M | $4.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.214% | $19K | $5K | 12x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Injective MU/USDC PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,050.1 | +0.089% | — | $179K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,049.5 | +0.036% | $170K | $202K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,048.1 | −0.102% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,049.8 | +0.061% | $7.8M | $22.6M | 10x | as long as short |
| SoDEX MU-USD | +0.0058% | 1h | 1,048.2 | −0.087% | $688K | $16K | 10x | as long as short |
| Nado MU-PERP | +0.0077% | 1h | 1,048.5 | −0.055% | $275K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0091% | 8h | 1,049.7 | +0.060% | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.0095% | 8h | 1,049.8 | +0.067% | $30.9M | $102.0M | 50x | as long as short |
| Pacifica MUshort | +0.0100% | 1h | 1,049.6 | +0.045% | $148K | $186K | 10x | |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,049 | −0.009% | $5.3M | $3.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,049.8 | +0.069% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,048.5 | −0.062% | $834 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,048.2 | −0.089% | $32K | $1K | 10x | as long as short |
| Bybit MUUSDT | +0.0160% | 8h | 1,050 | +0.088% | $19.2M | $32.5M | 100x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,049.8 | +0.066% | $760K | $1.2M | 10x | as long as short |
| Variational Omni MU | +0.0210% | 8h | 1,049.5 | +0.036% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0214% | 8h | 1,048.9 | −0.022% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0221% | 8h | 1,049.8 | +0.066% | $126.0M | $524.3M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,048.8 | −0.029% | $71K | $243K | 10x | as long as short |
| Bullet MU-USD | +0.0255% | 1h | 1,048.4 | −0.068% | $26K | $395K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0291% | 1h | 1,049.5 | +0.036% | $178.0M | $101.1M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,049.8 | +0.064% | $316K | $339K | 20x | as long as short |
| Bitget MUUSDT | +0.0327% | 8h | 1,049.6 | +0.043% | $20.6M | $41.6M | 50x | as long as short |
| BloFin MU-USDT | +0.0340% | 8h | 1,048.5 | −0.062% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,048.3 | −0.078% | $536K | $306K | 15x | as long as short |
| Extended MU_24_5-USD | +0.0432% | 1h | 1,049.3 | +0.016% | $566K | $1.2M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0570% | 8h | 1,048.5 | −0.058% | $83K | $1.3M | 10x | as long as short |
Vest MU-USD-PERP
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
SoDEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
OKX MU-USDT-SWAP
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Aevo MU-PERP
Bybit MUUSDT
Coinbase International MU-PERP-INTX
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
Bullet MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
Bitget MUUSDT
BloFin MU-USDT
Phoenix MU
Extended MU_24_5-USD
GRVT MU_USDT_Perp