Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter RH against Orderly−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MU_USDC_mythos | 1,050.9 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $835 | $799 | 20x |
| Short | Lighter RH MU | 1,050.7 | 0.0032 | get 0.0004% / 1h | 30m 45s | $1.2M | $4.3M | 10x |
Orderly PERP_MU_USDC_mythos
Lighter RH MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Orderly. 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: −0.017% → 0.000%
- −$1.71
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$21.99
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter RH: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 1.19 bp | 1.2 bp −$1 | 3.5 bp −$35 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0330% | 4h | 1,050.5 | −0.037% | $1.3M | $672K | 10x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,051 | +0.013% | $19.2M | $32.3M | 100x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,050.9 | +0.002% | $333K | $348K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,050.6 | −0.027% | $62.1M | $27.4M | 75x | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,050.8 | −0.009% | $85K | $1.3M | 10x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.3 | −0.051% | $190K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.9 | +0.188% | $11K | $5.9M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,050.6 | −0.028% | $67K | $372K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.9 | −0.003% | $129K | $428K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,050.1 | −0.076% | $3K | $44K | 10x | as long as short |
edgeX MUUSDC
Bybit MUUSDT
RISEx MU/USDC
Gate MU_USDT
GRVT MU_USDT_Perp
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSDShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MU-USDT-SWAP | +0.0026% | 8h | 1,050.7 | −0.017% | $31.0M | $99.8M | 50x | as long as short |
| QFEX MU-USD | +0.0030% | 1h | 1,050.7 | −0.013% | $7.2M | $18.2M | 10x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,050.7 | −0.017% | $1.2M | $4.3M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.046% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,050.5 | −0.041% | $71K | $235K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.8 | +0.089% | — | $175K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,050.8 | −0.008% | $171K | $202K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,051 | +0.009% | $690K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,049.8 | −0.106% | $1.9M | $2.3M | 10x | as long as short |
| Lighter MU | +0.0056% | 1h | 1,050.6 | −0.025% | $1.1M | $4.9M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.0056% | 8h | 1,050.9 | +0.003% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0058% | 1h | 1,050.7 | −0.020% | $282K | $848K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0064% | 1h | 1,050.6 | −0.027% | $178.2M | $99.2M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0064% | 1h | 1,050 | −0.085% | $564K | $1.1M | 10x | as long as short |
| Aster MUUSD1 | +0.0073% | 8h | 1,050.9 | +0.004% | $21.4M | $52.2M | 20x | as long as short |
| Bullet MU-USD | +0.0077% | 1h | 1,051.1 | +0.020% | $26K | $398K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0096% | 1h | 1,049.9 | −0.089% | $756K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.6 | −0.029% | $149K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.6 | −0.027% | $5.3M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050 | −0.084% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythoslong | +0.0100% | 8h | 1,050.9 | long leg | $835 | $799 | 20x | |
| Variational Omni MU | +0.0111% | 8h | 1,050.9 | +0.003% | $2.7M | $2.4M | — | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,050.7 | −0.022% | $32K | $1K | 10x | as long as short |
| Bitget MUUSDT | +0.0131% | 8h | 1,050.5 | −0.036% | $20.6M | $41.1M | 50x | as long as short |
| Binance MUUSDT | +0.0137% | 8h | 1,050.8 | −0.012% | $126.6M | $518.8M | 50x | as long as short |
| Phoenix MU | +0.0229% | 1h | 1,050.8 | −0.008% | $537K | $271K | 15x | as long as short |
| BloFin MU-USDT | +0.0258% | 8h | 1,051.2 | +0.031% | $1.5M | $2.0M | 20x | as long as short |
OKX MU-USDT-SWAP
QFEX MU-USD
Injective MU/USDC PERP
Arcus MU-USD
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Lighter MU
Paradex MU-USD-PERP
Nado MU-PERP
tradeXYZ xyz:MU
Extended MU_24_5-USD
Aster MUUSD1
Bullet MU-USD
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Variational Omni MU
Aevo MU-PERP
Bitget MUUSDT
Binance MUUSDT
Phoenix MU
BloFin MU-USDT