Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: ApeX Omni against Lighter−0.092%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.092%, 7d avg +0.019%
=Together, before fees+0.078%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.111% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MU | 1,041.7 | 0.0104 | pay 0.0013% / 1h | 9m 34s | $1.0M | $5.0M | 20x |
| Short | ApeX Omni MUUSDT | 1,040.8 | 0.0100 | get 0.0013% / 1h | 9m 34s | $71K | $269K | 50x |
Lighter MU
ApeX Omni MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$0.84
- Price spread: −0.092% → +0.019%
- −$11.1
- Slippage, 4 orders
- −$30.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$52.31
- Costs to cover
- 0.404%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; ApeX Omni: live order book, 37 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 Lighter live order book, 3 min ago | 0.38 bp | 0.5 bp −$1 | 1.8 bp −$18 | 18.2 bp −$1,823 | doesn't fit |
| Sell ApeX Omni live order book, 37 min ago | 7.68 bp | 19.7 bp −$20 | 184.9 bp −$1,849 | 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 | −0.0827% | 4h | 1,040.2 | −0.146% | $1.3M | $671K | 10x | as long as short |
| Bitget MUUSDT | −0.0136% | 8h | 1,041.4 | −0.027% | $20.3M | $41.2M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,041.8 | +0.007% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.4 | −0.029% | $122.2M | $535.6M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.6 | −0.010% | $18.7M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.3 | −0.041% | $30.0M | $101.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,041.7 | −0.006% | $316K | $382K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,041.5 | −0.019% | $61.7M | $28.6M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,040.3 | −0.135% | $2.5M | $2.5M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,040.7 | −0.093% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Variational Omni MU
GRVT MU_USDT_PerpShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| StandX MU-USD | 0.0000% | 1h | 1,040.6 | −0.103% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,042.1 | +0.038% | $11K | $5.7M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,040.4 | −0.126% | $127K | $438K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0015% | 1h | 1,038.1 | −0.342% | $3K | $44K | 10x | as long as short |
| Nado MU-PERP | +0.0022% | 1h | 1,041.3 | −0.042% | $278K | $816K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,041.5 | −0.022% | $7.0M | $18.2M | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,041.4 | −0.027% | $1.2M | $4.6M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.2 | −0.048% | $541K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.926% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0037% | 1h | 1,040.6 | −0.107% | $26K | $389K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,039.5 | −0.217% | $70K | $231K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,041.4 | −0.033% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,041.4 | −0.030% | $177.1M | $90.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,041 | −0.068% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,040.6 | −0.106% | $683K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,039.7 | −0.198% | $1.9M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0054% | 8h | 1,041.6 | −0.011% | $2K | — | 5x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0058% | 1h | 1,040.5 | −0.121% | $74K | $529K | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,040.4 | −0.126% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,041.1 | −0.062% | $148K | $189K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,041.3 | −0.040% | $5.2M | $3.8M | 20x | as long as short |
| ApeX Omni MUUSDTshort | +0.0100% | 1h | 1,040.8 | −0.092% | $71K | $269K | 50x | |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,040.8 | −0.091% | $827 | $799 | 20x | as long as short |
| Lighter MUlong | +0.0104% | 1h | 1,041.7 | long leg | $1.0M | $5.0M | 20x | |
| BloFin MU-USDT | +0.0120% | 8h | 1,040.8 | −0.089% | $1.5M | $2.1M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,036 | −0.551% | $731K | $1.3M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,041 | −0.068% | $532K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Nado MU-PERP
QFEX MU-USD
Lighter RH MU
Extended MU_24_5-USD
Injective MU/USDC PERP
Bullet MU-USD
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Paradex MU-USD-PERP
Deribit MU_USDC-PERPETUAL
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Coinbase International MU-PERP-INTX
Phoenix MU