Funding you earn now, next payment 08:00 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+0.007%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.007%, 7d avg −0.052%
=Together, before fees+0.031%+ Points / potential airdropStandX: Active · Lighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.059% dearer against StandX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,038.5 | 0 | get 0.0000% / 1h | 3m 31s | $188K | $3.5M | 20x |
| Short | Lighter RH MU | 1,038.6 | 0.0032 | get 0.0004% / 1h | 3m 31s | $1.1M | $4.5M | 10x |
StandX MU-USD
Lighter RH MUFunding 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 itlatest
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: +0.007% → −0.052%
- $5.88
- Slippage, 4 orders
- −$12.36
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.76
- Costs to cover
- 0.204%
- Break-even
- 15.1 days
Slippage from StandX: live order book, 1 min ago; Lighter RH: live order book, 5 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 StandX live order book, 1 min ago | 2.55 bp | 8.4 bp −$8 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.54 bp | 1.7 bp −$2 | 4.0 bp −$40 | 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 | −0.0555% | 4h | 1,038.3 | −0.022% | $1.3M | $673K | 10x | as long as short |
| Bitget MUUSDT | −0.0131% | 8h | 1,038.8 | +0.033% | $20.2M | $39.9M | 50x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,038.9 | +0.034% | $21.2M | $67.8M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,038.6 | +0.013% | $122.5M | $536.8M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.9 | +0.034% | $18.8M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.5 | +0.001% | $29.8M | $100.0M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.7 | +0.023% | $312K | $385K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038.5 | −0.005% | $61.6M | $28.4M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.3 | −0.020% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,038.4 | −0.006% | $80K | $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-USDlong | 0.0000% | 1h | 1,038.5 | long leg | $188K | $3.5M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,039.8 | +0.120% | $11K | $5.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,038.3 | −0.021% | $74K | $621K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,038.3 | −0.020% | $126K | $481K | 50x | as long as short |
| Bullet MU-USD | +0.0006% | 1h | 1,038.6 | +0.010% | $24K | $388K | 10x | as long as short |
| Nado MU-PERP | +0.0018% | 1h | 1,038.5 | +0.003% | $280K | $802K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0020% | 1h | 1,038.3 | −0.019% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0021% | 1h | 1,038.5 | −0.001% | $7.0M | $18.7M | 10x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,038.6 | +0.007% | $1.1M | $4.5M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.074% | $544K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.238% | $19K | $5K | 12x | as long as short |
| Lighter MU | +0.0040% | 1h | 1,038.7 | +0.020% | $1.0M | $4.9M | 20x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,037.9 | −0.061% | $90K | $244K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,038.8 | +0.027% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,038.5 | 0.000% | $176.4M | $80.2M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,038.6 | +0.010% | $168K | $177K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,038.5 | −0.003% | $681K | $15K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,038.5 | −0.001% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,037.6 | −0.089% | $1.9M | $2.7M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,038.2 | −0.032% | $32K | $1K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0080% | 1h | 1,038.3 | −0.015% | $726K | $1.2M | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,038.2 | −0.033% | $145K | $191K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,038.4 | −0.012% | $5.2M | $4.2M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,038.5 | −0.002% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,038.3 | −0.017% | $825 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.3 | −0.019% | $1.5M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0232% | 1h | 1,038.4 | −0.010% | $531K | $270K | 15x | as long as short |
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Bullet MU-USD
Nado MU-PERP
Aftermath Perps MUUSD
QFEX MU-USD
Extended MU_24_5-USD
Injective MU/USDC PERP
Lighter MU
Arcus MU-USD
Vest MU-USD-PERP
tradeXYZ xyz:MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Ondo Perps MU-USD.P
Aevo MU-PERP
Coinbase International MU-PERP-INTX
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
BloFin MU-USDT
Phoenix MU