Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: SoDEX against Lighter RH+0.013%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.288% of the position
Funding, last 3 days (all we have)+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.013%, 7d avg +0.006%
=Together, before fees+0.011%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, 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 | 1,044.8 | 0.0032 | pay 0.0004% / 1h | 15m 32s | $1.3M | $4.4M | 10x |
| Short | SoDEX MU-USD | 1,044.9 | 0.0050 | get 0.0006% / 1h | 15m 32s | $686K | $16K | 10x |
Lighter RH MU
SoDEX MU-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $3.78
- Price spread: +0.013% → +0.006%
- $0.77
- Slippage, 4 orders
- −$20.77
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$24.22
- Costs to cover
- 0.288%
- Break-even
- 51.8 days
Slippage from Lighter RH: live order book, 3 min ago; SoDEX: live order book, 38 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 | 1.63 bp | 3.2 bp −$3 | 5.9 bp −$59 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 38 min ago | 0.19 bp | 11.8 bp −$12 | 43.7 bp −$437 | 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 | −0.0649% | 4h | 1,044.1 | −0.064% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.2 | +0.044% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,045.3 | +0.044% | $124.1M | $523.1M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.6 | +0.078% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,045.2 | +0.037% | $30.9M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.1 | +0.033% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.9 | +0.009% | $62.0M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.2 | +0.039% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.2 | +0.035% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.3 | +0.053% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,044.2 | −0.053% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.5 | +0.257% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,045.1 | +0.027% | $130K | $435K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0008% | 1h | 1,045 | +0.021% | $73K | $481K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,044.5 | −0.032% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045 | +0.015% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,044.9 | +0.013% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,044.8 | long leg | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,044.4 | −0.036% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.629% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0034% | 1h | 1,044.8 | +0.001% | $282K | $829K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.4 | −0.040% | $70K | $232K | 10x | as long as short |
| Bullet MU-USD | +0.0040% | 1h | 1,045.4 | +0.054% | $26K | $392K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.6 | +0.079% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.7 | −0.009% | $176.8M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | +0.020% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USDshort | +0.0050% | 1h | 1,044.9 | +0.013% | $686K | $16K | 10x | |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.1 | +0.034% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.2 | −0.149% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.8 | 0.000% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044.7 | −0.008% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.6 | −0.019% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.9 | −0.090% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,044.9 | +0.011% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | −0.018% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,045.3 | +0.047% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.2 | −0.056% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
QFEX MU-USD
Lighter MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Nado MU-PERP
Arcus MU-USD
Bullet MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU