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

MU

RWAall MU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h −0.024%
Price spread now: SunX against Lighter+0.171%7-day average +0.159% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.227%−$23 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.171%, 7d avg +0.159%
Together, before fees−0.377%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.159%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MU1,039.30.0208pay 0.0026% / 1h59m 19s$1.0M$5.0M20x
ShortSunX MU-USDT1,041.10get 0.0000% / 8h5h 59m$11K$5.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter. 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
−$43.68
Price spread: +0.171% → +0.159%
$1.19
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$50.49
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 7 min ago; SunX: live order book, 13 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 7 min ago0.48 bp0.9 bp −$12.0 bp −$2037.7 bp −$3,766doesn't fit
Sell SunX live order book, 13 min ago245.46 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MU on 37 exchanges

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−0.0902%4h1,039.3−0.006%$1.3M$696K10xas long as short
Aster MUUSD10.0000%8h1,040+0.061%$21.2M$73.2M20xas long as short
Binance MUUSDT0.0000%8h1,039.3−0.002%$121.4M$555.2M50xas long as short
OKX MU-USDT-SWAP0.0000%8h1,039.5+0.015%$29.6M$107.8M50xas long as short
Gate MU_USDT0.0000%8h1,039.3−0.008%$61.1M$27.8M75xas long as short
Bitget MUUSDT0.0000%8h1,039.2−0.013%$19.9M$43.6M50xas long as short
Variational Omni MU0.0000%8h1,039.6+0.021%$2.6M$2.6Mas long as short
StandX MU-USD0.0000%1h1,039.8+0.045%$188K$3.7M20xas long as short
SunX MU-USDTshort0.0000%8h1,041.1+0.171%$11K$5.1M10x
Deribit MU_USDC-PERPETUAL0.0000%1h1,038.7−0.066%$38K$714K10xas long as short
Show all 37 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MU-USDT0.0000%8h1,039.2−0.014%$119K$474K50xas long as short
Lighter RH MU+0.0032%1h1,039.4+0.002%$1.2M$4.5M10xas long as short
Injective MU/USDC PERP+0.0033%1h1,051.4+1.157%$19K$5K12xas long as short
Aftermath Perps MUUSD+0.0033%1h1,038.6−0.076%$3K$42K10xas long as short
Vest MU-USD-PERP+0.0046%1h1,040.4+0.105%$177K25xas long as short
Polymarket Perps MU-USD+0.0050%1h1,039.2−0.013%$168K$178K10xas long as short
SoDEX MU-USD+0.0050%1h1,039.3−0.004%$682K$13K10xas long as short
Ondo Perps MU-USD.P+0.0050%1h1,038.9−0.047%$1.9M$3.2M10xas long as short
QFEX MU-USD+0.0059%1h1,039.3−0.003%$7.0M$19.2M10xas long as short
Bullet MU-USD+0.0065%1h1,039.4+0.006%$25K$386K10xas long as short
Bybit MUUSDT+0.0073%8h1,039.4+0.009%$18.8M$32.6M100xas long as short
Aevo MU-PERP+0.0080%1h1,039−0.033%$32K$1K10xas long as short
Paradex MU-USD-PERP+0.0081%8h1,039.7+0.038%$2K5xas long as short
Pacifica MU+0.0100%1h1,039.7+0.031%$151K$227K10xas long as short
KuCoin MUUSDTM+0.0100%8h1,039.1−0.027%$5.2M$5.8M20xas long as short
ApeX Omni MUUSDT+0.0100%1h1,039.3−0.005%$70K$270K50xas long as short
Orderly PERP_MU_USDC_mythos+0.0100%8h1,039.4+0.004%$826$79920xas long as short
RISEx MU/USDC+0.0118%1h1,039.5+0.017%$299K$350K20xas long as short
BloFin MU-USDT+0.0120%8h1,039.2−0.017%$1.4M$2.5M20xas long as short
tradeXYZ xyz:MU+0.0125%1h1,039.1−0.023%$177.2M$76.0M10xas long as short
Arcus MU-USD+0.0139%1h1,038.9−0.040%$90K$149K10xas long as short
Nado MU-PERP+0.0148%1h1,039.7+0.034%$277K$842K10xas long as short
Coinbase International MU-PERP-INTX+0.0192%1h1,040.5+0.113%$741K$1.1M10xas long as short
Lighter MUlong+0.0208%1h1,039.3long leg$1.0M$5.0M20x
GRVT MU_USDT_Perp+0.0240%8h1,040+0.064%$81K$1.4M10xas long as short
Phoenix MU+0.0310%1h1,039.4+0.006%$532K$159K15xas long as short
Extended MU_24_5-USD+0.0352%1h1,038.5−0.077%$553K$1.1M10xas long as short