Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,070.4+0.0048pay 0.0006% / 1h57m 50s$424K$429K20xLong Popdex
SHORT1,070+0.0152get 0.0019% / 1h57m 50s$1.4M$3.3M20xShort Lighter7d free
Price gap−0.041%
Funding gap+0.0104% /8h

Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

Funding on this pair cost 0.085% over the last 7 days: the rate has only just turned.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$9+0.0104% /8h now · paid −0.085% over the last 7D
Price−$1spread −0.041% now, avg −0.032% → −0.009% if it goes back
Costs−$90.087% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.041%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MU on 40 exchanges

lowest funding first

Before you open

4 ok · 1 to watch
  • OK: Fits both order books4.0 / 0.1 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$500 + $500
    Popdex 20x, Lighter 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$3.12Long Popdex: 24 payments, −$1.44; short Lighter: 24 payments, +$4.56.
  • Note: Gap at its usual level−0.041% vs −0.032%
    The price leg adds little either way.
  • Watch: Long leg is thinner$424K vs $1.4M OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0045%/8h × 21 periods−$9.36
Price spread−0.041% → −0.032% (7d avg)−$0.89
Slippage, 4 orderslive order books−$2.31
Fee Popdex bp × 2 orders−$6.40
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$18.96
Costs to cover0.087%Break-evennever at this rate
Slippage: Popdex: live order book, 35 min ago; Lighter: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex0.704.0 bp−$49.6 bp−$96doesn’t fitdoesn’t fit
SELL · SHORTLighter0.090.1 bp$00.8 bp−$819.5 bp−$1,954doesn’t fit

Closing costs about the same again.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
09-30 17:30MEXCOther$MU has been ripping into earnings. Now the market gets the next read on margins, capex, and AI demand. 👀 Same event. Different instincts. Which read sounds like you? 👇 #MEXCTradFi #MEXC0FEE @MEXC on X ↗
09-30 15:30PhoenixOther$MU reports full fiscal year earnings today, after the market closes. Trade it 24/7 on Phoenix: @PhoenixTrade on X ↗
09-30 14:19PhemexOther$MU earnings after the close. Consensus is already sitting near the company’s own Q4 guide. So the move won’t come from “did they print $50B.” It comes from the next sentence: HBM allocation, memory pricing, and FY27 guidance. $MU last close ~$1,065. Resistance: $1,096–$1,106 Support: $1,044–$1,048 Guidance raise, hold, or tighten, that’s the volatility. @Phemex_official on X ↗
09-30 12:00MEXCOther$MU is up ~280% YTD heading into earnings. 👀 What moves the next leg: margins or capex? @MEXC on X ↗
09-30 08:02BingXOther$MU’s next move could come down to what management says next. See what matters heading into earnings 👇 @BingXOfficial on X ↗
09-30 06:30MEXCOther$MU is up nearly 280% this year. Now comes the harder test. 👀 Can guidance keep the memory trade alive? @MEXC_Research breaks down what matters before earnings. 👇 @MEXC on X ↗