Funding you earn now, next payment 01:00 UTC+0.0176%/8h= +19.3% APRpaid last 24h +0.016%
Price spread now: Bybit against Lighter RH+0.068%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.068%, 7d avg +0.053%
=Together, before fees+0.026%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,050.8 | 0.0032 | pay 0.0004% / 1h | 22m 18s | $1.2M | $4.1M | 10x |
| Short | Bybit MUUSDT | 1,051.6 | 0.0208 | get 0.0208% / 8h | 7h 22m | $19.5M | $32.7M | 100x |
Lighter RH MU
Bybit MUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Lighter RH. 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
- $37.01
- Price spread: +0.068% → +0.053%
- $1.44
- Slippage, 4 orders
- −$9.6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $17.86
- Costs to cover
- 0.206%
- Break-even
- 3.6 days
Slippage from Lighter RH: live order book, 1 min ago; Bybit: live order book, 1 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 RH live order book, 1 min ago | 1.38 bp | 1.9 bp −$2 | 4.2 bp −$42 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.19 bp | 8.8 bp −$9 | 13.2 bp −$132 | 36.7 bp −$3,666 | 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 | −0.0040% | 4h | 1,051.4 | +0.053% | $1.3M | $672K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.1 | +0.025% | $62.8M | $28.9M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,049.6 | −0.116% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.8 | +0.184% | $11K | $6.2M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,050.6 | −0.022% | $130K | $424K | 50x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,050.5 | −0.034% | $3K | $45K | 10x | as long as short |
| Lighter RH MUlong | +0.0032% | 1h | 1,050.8 | long leg | $1.2M | $4.1M | 10x | |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.049% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,051 | +0.016% | $1.1M | $4.8M | 20x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,051.9 | +0.101% | — | $179K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Aftermath Perps MUUSD
Injective MU/USDC PERP
Lighter MU
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051 | +0.015% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.3 | −0.049% | $1.9M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051.2 | +0.037% | $7.7M | $21.9M | 10x | as long as short |
| Nado MU-PERP | +0.0086% | 1h | 1,050.8 | −0.002% | $274K | $858K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0092% | 8h | 1,051.4 | +0.050% | $2K | — | 5x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,050.9 | +0.003% | $148K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,050.6 | −0.022% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,052 | +0.107% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,050.9 | +0.007% | $835 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0105% | 8h | 1,051.1 | +0.026% | $30.9M | $101.8M | 50x | as long as short |
| SoDEX MU-USD | +0.0107% | 1h | 1,051 | +0.019% | $690K | $16K | 10x | as long as short |
| Aevo MU-PERP | +0.0136% | 1h | 1,050.8 | −0.004% | $32K | $1K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0178% | 1h | 1,050.8 | −0.001% | $64K | $305K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,048.4 | −0.236% | $759K | $1.2M | 10x | as long as short |
| Bybit MUUSDTshort | +0.0208% | 8h | 1,051.6 | +0.068% | $19.5M | $32.7M | 100x | |
| Bullet MU-USD | +0.0214% | 1h | 1,051.3 | +0.044% | $25K | $395K | 10x | as long as short |
| Variational Omni MU | +0.0224% | 8h | 1,051.7 | +0.077% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0238% | 8h | 1,050.6 | −0.025% | $21.6M | $48.3M | 20x | as long as short |
| Binance MUUSDT | +0.0238% | 8h | 1,051.3 | +0.042% | $126.1M | $522.2M | 50x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,050.8 | −0.006% | $71K | $243K | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0242% | 1h | 1,050.8 | −0.004% | $178.4M | $100.3M | 10x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.3 | +0.041% | $316K | $339K | 20x | as long as short |
| BloFin MU-USDT | +0.0356% | 8h | 1,051.1 | +0.025% | $1.5M | $2.0M | 20x | as long as short |
| Extended MU_24_5-USD | +0.0376% | 1h | 1,050.4 | −0.046% | $566K | $1.2M | 10x | as long as short |
| Bitget MUUSDT | +0.0381% | 8h | 1,051 | +0.017% | $20.6M | $41.6M | 50x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,050.9 | +0.006% | $538K | $306K | 15x | as long as short |
| GRVT MU_USDT_Perp | +0.0550% | 8h | 1,051.5 | +0.063% | $83K | $1.3M | 10x | as long as short |
Polymarket Perps MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Nado MU-PERP
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
OKX MU-USDT-SWAP
SoDEX MU-USD
Aevo MU-PERP
Deribit MU_USDC-PERPETUAL
Coinbase International MU-PERP-INTX
Bullet MU-USD
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
Arcus MU-USD
tradeXYZ xyz:MU
RISEx MU/USDC
BloFin MU-USDT
Extended MU_24_5-USD
Bitget MUUSDT
Phoenix MU
GRVT MU_USDT_Perp