Funding you earn now, next payment 22:00 UTC+0.0192%/8h= +21.0% APRpaid last 24h +0.038%
Price spread now: Lighter against SunX−0.196%7-day average −0.162% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 3 days (all we have)+0.175%+$18 · spread now −0.196%, 7d avg −0.162%
=Together, before fees+0.427%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.162%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,044.4 | 0 | get 0.0000% / 8h | 2h 08m | $12K | $6.7M | 10x |
| Short | Lighter MU | 1,042.4 | 0.0192 | get 0.0024% / 1h | 8m 05s | $998K | $4.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $40.32
- Price spread: −0.196% → −0.162%
- −$3.39
- Slippage, 4 orders
- −$51.86
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.93
- Costs to cover
- 0.599%
- Break-even
- 11.0 days
Slippage from SunX: live order book, 11 min ago; Lighter: live order book, 10 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 SunX live order book, 11 min ago | 21.59 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 0.72 bp | 0.7 bp −$1 | 2.8 bp −$28 | 31.1 bp −$3,111 | 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 | −0.0291% | 4h | 1,043 | −0.136% | $1.3M | $672K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,042.9 | −0.142% | $21.5M | $46.4M | 20x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,042.5 | −0.184% | $30.7M | $104.2M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,042.4 | −0.190% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.5 | −0.182% | $188K | $3.3M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,044.4 | long leg | $12K | $6.7M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,042.3 | −0.208% | $125K | $441K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0028% | 1h | 1,042.6 | −0.171% | $3K | $44K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,042.3 | −0.199% | $1.1M | $4.3M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.602% | $14K | $302 | 12x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.2 | −0.215% | — | $193K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.2 | −0.213% | $165K | $180K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,042.4 | −0.190% | $684K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.6 | −0.269% | $2.0M | $2.6M | 10x | as long as short |
| QFEX MU-USD | +0.0057% | 1h | 1,042.6 | −0.177% | $7.8M | $24.1M | 10x | as long as short |
| Bitget MUUSDT | +0.0072% | 8h | 1,042.5 | −0.183% | $20.4M | $42.9M | 50x | as long as short |
| Variational Omni MU | +0.0082% | 8h | 1,043 | −0.136% | $2.7M | $2.7M | — | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.9 | −0.244% | $153K | $182K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.3 | −0.205% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,041.9 | −0.241% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.6 | −0.177% | $829 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.0104% | 1h | 1,042.3 | −0.203% | $33K | — | 10x | as long as short |
| Binance MUUSDT | +0.0107% | 8h | 1,042.6 | −0.170% | $124.7M | $540.4M | 50x | as long as short |
| Paradex MU-USD-PERP | +0.0117% | 8h | 1,042.5 | −0.184% | $2K | — | 5x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,043.8 | −0.057% | $756K | $1.4M | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0176% | 8h | 1,043.2 | −0.120% | $82K | $1.4M | 10x | as long as short |
| Bybit MUUSDT | +0.0189% | 8h | 1,042.7 | −0.163% | $19.1M | $32.5M | 100x | as long as short |
| Lighter MUshort | +0.0192% | 1h | 1,042.4 | −0.196% | $998K | $4.8M | 20x | |
| Nado MU-PERP | +0.0193% | 1h | 1,041.7 | −0.260% | $306K | $845K | 10x | as long as short |
| RISEx MU/USDC | +0.0202% | 1h | 1,042.8 | −0.152% | $285K | $333K | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0212% | 1h | 1,042.4 | −0.193% | $176.3M | $107.2M | 10x | as long as short |
| Arcus MU-USD | +0.0226% | 1h | 1,042.5 | −0.187% | $63K | $230K | 10x | as long as short |
| BloFin MU-USDT | +0.0227% | 8h | 1,043 | −0.134% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0230% | 1h | 1,043.3 | −0.107% | $534K | $303K | 15x | as long as short |
| Bullet MU-USD | +0.0231% | 1h | 1,042.6 | −0.174% | $25K | $400K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0297% | 1h | 1,042.5 | −0.186% | $60K | $231K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0688% | 1h | 1,041.6 | −0.270% | $540K | $1.1M | 10x | as long as short |
SunX MU-USDT
Lighter MU
edgeX MUUSDC
Aster MUUSD1
OKX MU-USDT-SWAP
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Bitget MUUSDT
Variational Omni MU
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Binance MUUSDT
Paradex MU-USD-PERP
Coinbase International MU-PERP-INTX
GRVT MU_USDT_Perp
Bybit MUUSDT
RISEx MU/USDC
tradeXYZ xyz:MU
BloFin MU-USDT
Phoenix MU
Bullet MU-USD
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD