Settings8H · net · $10k
Funding arb · Price arb /

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongStandX MU-USD1,0450get 0.0000% / 1h19m 09s$189K$3.4M20x
ShortLighter RH MU1,043.60.0032get 0.0004% / 1h19m 09s$1.3M$4.4M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy StandX live order book, 5 min ago2.68 bp9.0 bp −$914.7 bp −$147doesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago0.77 bp0.9 bp −$15.0 bp −$50doesn't fitdoesn't fit

MU on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MUUSDC−0.0350%4h1,044.9−0.004%$1.3M$672K10xas long as short
Aster MUUSD10.0000%8h1,043.9−0.099%$21.2M$56.6M20xas long as short
Binance MUUSDT0.0000%8h1,043.7−0.127%$123.9M$522.6M50xas long as short
Bybit MUUSDT0.0000%8h1,043.9−0.102%$18.7M$31.8M100xas long as short
OKX MU-USDT-SWAP0.0000%8h1,043.5−0.139%$30.9M$99.4M50xas long as short
RISEx MU/USDC0.0000%1h1,043.9−0.104%$337K$353K20xas long as short
Gate MU_USDT0.0000%8h1,043.6−0.137%$61.9M$27.9M75xas long as short
Bitget MUUSDT0.0000%8h1,043.8−0.112%$20.5M$41.6M50xas long as short
Variational Omni MU0.0000%8h1,045.1+0.007%$2.7M$2.4Mas long as short
GRVT MU_USDT_Perp0.0000%8h1,044.9−0.006%$79K$1.4M10xas long as short
Show all 37 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
StandX MU-USDlong0.0000%1h1,045long leg$189K$3.4M20x
SunX MU-USDT0.0000%8h1,046.1+0.103%$11K$5.8M10xas long as short
Deribit MU_USDC-PERPETUAL0.0000%1h1,043.3−0.158%$73K$479K10xas long as short
HTX MU-USDT0.0000%8h1,043.3−0.159%$130K$435K50xas long as short
Aftermath Perps MUUSD+0.0023%1h1,044.3−0.061%$3K$44K10xas long as short
QFEX MU-USD+0.0032%1h1,043.6−0.134%$7.0M$18.0M10xas long as short
Lighter MU+0.0032%1h1,043.7−0.121%$1.1M$5.1M20xas long as short
Lighter RH MUshort+0.0032%1h1,043.6−0.130%$1.3M$4.4M10x
Extended MU_24_5-USD+0.0032%1h1,043.1−0.177%$548K$1.1M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+0.611%$19K$5K12xas long as short
Nado MU-PERP+0.0037%1h1,043.5−0.137%$281K$828K10xas long as short
Arcus MU-USD+0.0040%1h1,044.2−0.073%$70K$233K10xas long as short
Bullet MU-USD+0.0041%1h1,043.7−0.122%$25K$392K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,044.3−0.064%$176K25xas long as short
tradeXYZ xyz:MU+0.0050%1h1,043.5−0.142%$176.6M$95.3M10xas long as short
Polymarket Perps MU-USD+0.0050%1h1,043.6−0.132%$169K$203K10xas long as short
SoDEX MU-USD+0.0050%1h1,043.5−0.139%$685K$16K10xas long as short
Paradex MU-USD-PERP+0.0050%8h1,043.8−0.114%$2K5xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,044.3−0.065%$1.9M$2.2M10xas long as short
Aevo MU-PERP+0.0080%1h1,043.2−0.169%$32K$1K10xas long as short
Pacifica MU+0.0100%1h1,043.7−0.126%$147K$185K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,043.5−0.139%$5.2M$3.4M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,044.5−0.048%$71K$269K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,043.5−0.142%$830$79920xas long as short
Coinbase International MU-PERP-INTX+0.0120%1h1,044.8−0.022%$749K$1.2M10xas long as short
BloFin MU-USDT+0.0120%8h1,044.2−0.074%$1.5M$2.0M20xas long as short
Phoenix MU+0.0305%1h1,044.9−0.008%$534K$271K15xas long as short