Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Lighter RH against StandX−0.130%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days+0.065%+$6 · spread now −0.130%, 7d avg −0.053%
=Together, before fees+0.146%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.077% cheaper against StandX than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.053%). If the spread goes back, that is −$8 on $10k: about 8.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,045 | 0 | get 0.0000% / 1h | 19m 09s | $189K | $3.4M | 20x |
| Short | Lighter RH MU | 1,043.6 | 0.0032 | get 0.0004% / 1h | 19m 09s | $1.3M | $4.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against StandX. 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
- $6.72
- Price spread: −0.130% → −0.053%
- −$7.74
- Slippage, 4 orders
- −$10.93
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.94
- Costs to cover
- 0.189%
- Break-even
- 27.8 days
Slippage from StandX: live order book, 5 min ago; Lighter RH: live order book, 4 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 StandX live order book, 5 min ago | 2.68 bp | 9.0 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.77 bp | 0.9 bp −$1 | 5.0 bp −$50 | 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 | −0.0350% | 4h | 1,044.9 | −0.004% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,043.9 | −0.099% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,043.7 | −0.127% | $123.9M | $522.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,043.9 | −0.102% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,043.5 | −0.139% | $30.9M | $99.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,043.9 | −0.104% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.6 | −0.137% | $61.9M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,043.8 | −0.112% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.1 | +0.007% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,044.9 | −0.006% | $79K | $1.4M | 10x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USDlong | 0.0000% | 1h | 1,045 | long leg | $189K | $3.4M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,046.1 | +0.103% | $11K | $5.8M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,043.3 | −0.158% | $73K | $479K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,043.3 | −0.159% | $130K | $435K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0023% | 1h | 1,044.3 | −0.061% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,043.6 | −0.134% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MU | +0.0032% | 1h | 1,043.7 | −0.121% | $1.1M | $5.1M | 20x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,043.6 | −0.130% | $1.3M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,043.1 | −0.177% | $548K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.611% | $19K | $5K | 12x | as long as short |
| Nado MU-PERP | +0.0037% | 1h | 1,043.5 | −0.137% | $281K | $828K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.2 | −0.073% | $70K | $233K | 10x | as long as short |
| Bullet MU-USD | +0.0041% | 1h | 1,043.7 | −0.122% | $25K | $392K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,044.3 | −0.064% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,043.5 | −0.142% | $176.6M | $95.3M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.6 | −0.132% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.5 | −0.139% | $685K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,043.8 | −0.114% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,044.3 | −0.065% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,043.2 | −0.169% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.7 | −0.126% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.5 | −0.139% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,044.5 | −0.048% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.5 | −0.142% | $830 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.8 | −0.022% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,044.2 | −0.074% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.9 | −0.008% | $534K | $271K | 15x | as long as short |
StandX MU-USD
Lighter RH MU
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_Perp
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Lighter MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU