Funding you earn now, next payment 09:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.004%
Price spread now: Vest against Lighter RH−0.062%7-day average +0.631% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.062%, 7d avg +0.631%
=Together, before fees+0.093%+ Points / potential airdropLighter RH: Points live · Vest: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Vest is 0.693% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.631%). If the spread goes back, that is −$69 on $10k: about 6 months of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.030% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,028.9 | 0.0032 | pay 0.0004% / 1h | 20m 52s | $1.1M | $4.5M | 10x |
| Short | Vest MU-USD-PERP | 1,028.2 | 0.0046 | get 0.0006% / 1h | 20m 52s | — | $179K | 25x |
Lighter RH MU
Vest MU-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- $2.87
- Price spread: −0.062% → +0.631%
- −$69.31
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$68.44
- Costs to cover
- 0.020%
- Break-even
- 173.8 days
Slippage unknown: Lighter RH: live order book, 2 min ago; Vest: 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, 2 min ago | 1.51 bp | 2.3 bp −$2 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | −0.0959% | 4h | 1,026.4 | −0.241% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,029.2 | +0.039% | $21.0M | $69.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,029.2 | +0.035% | $121.7M | $548.9M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,029.5 | +0.065% | $18.6M | $32.4M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,029.2 | +0.034% | $29.1M | $103.2M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,028 | −0.086% | $293K | $387K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,029.1 | +0.022% | $61.8M | $28.4M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,029.4 | +0.055% | $19.8M | $41.1M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,029.6 | +0.075% | $2.5M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,028.1 | −0.077% | $186K | $3.6M | 20x | 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
StandX MU-USDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MU-USDT | 0.0000% | 8h | 1,030 | +0.113% | $11K | $5.3M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,029.3 | +0.042% | $118K | $494K | 50x | as long as short |
| QFEX MU-USD | +0.0027% | 1h | 1,028.4 | −0.042% | $6.9M | $18.9M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0029% | 1h | 1,026.4 | −0.241% | $3K | $43K | 10x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,028.9 | long leg | $1.1M | $4.5M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,028.3 | −0.049% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +2.188% | $19K | $5K | 12x | as long as short |
| GRVT MU_USDT_Perp | +0.0040% | 8h | 1,026.9 | −0.189% | $81K | $1.4M | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,028.1 | −0.074% | $89K | $234K | 10x | as long as short |
| Vest MU-USD-PERPshort | +0.0046% | 1h | 1,028.2 | −0.062% | — | $179K | 25x | |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,028.3 | −0.053% | $166K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,028.7 | −0.016% | $675K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,027.5 | −0.128% | $1.9M | $3.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0066% | 8h | 1,028.5 | −0.037% | $2K | — | 5x | as long as short |
| Lighter MU | +0.0080% | 1h | 1,029 | +0.017% | $992K | $5.0M | 20x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,028.7 | −0.014% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,029.4 | +0.054% | $719K | $1.1M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,028 | −0.082% | $146K | $194K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,028 | −0.080% | $5.1M | $4.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,026.4 | −0.240% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,028.4 | −0.048% | $818 | $799 | 20x | as long as short |
| Nado MU-PERP | +0.0100% | 1h | 1,027.7 | −0.111% | $264K | $815K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0101% | 1h | 1,028.9 | +0.005% | $174.0M | $78.9M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,029.4 | +0.051% | $1.5M | $2.3M | 20x | as long as short |
| Bullet MU-USD | +0.0143% | 1h | 1,029.1 | +0.025% | $25K | $388K | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,028.4 | −0.044% | $526K | $270K | 15x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0256% | 1h | 1,028.9 | 0.000% | $72K | $630K | 10x | as long as short |
SunX MU-USDT
HTX MU-USDT
QFEX MU-USD
Aftermath Perps MUUSD
Extended MU_24_5-USD
Injective MU/USDC PERP
GRVT MU_USDT_Perp
Arcus MU-USD
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Lighter MU
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Nado MU-PERP
tradeXYZ xyz:MU
BloFin MU-USDT
Bullet MU-USD
Phoenix MU
Deribit MU_USDC-PERPETUAL