Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day−$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MU-PERP | 1,039.5 | 0.0080 | pay 0.0010% / 1h | 26m 17s | $33K | — | 10x |
| Short | Lighter RH MU | 1,040.1 | 0.0032 | get 0.0004% / 1h | 26m 17s | $1.0M | $4.3M | 10x |
Aevo MU-PERP
Lighter RH MUPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.81
- Funding while held
- −$1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$11.63
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.44
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 1.68 bp | 1.8 bp −$2 | 5.4 bp −$54 | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MU price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ1,039.4cheapestCoinbase International1,039.4+0.004%
tradeXYZ
Coinbase InternationalAevo1,039.5+0.009%
Polymarket Perps1,039.5+0.010%Arcus1,039.5+0.011%Ondo Perps1,039.5+0.012%Bullet1,039.5+0.012%OKX1,039.6+0.014%Gate1,039.6+0.017%Binance1,039.6+0.018%KuCoin1,039.6+0.019%Bybit1,039.7+0.026%Bitget1,039.7+0.026%Orderly1,039.8+0.039%SoDEX1,039.9+0.043%Aftermath Perps1,039.9+0.046%Pacifica1,039.9+0.046%Nado1,039.9+0.046%Extended1,039.9+0.048%Deribit1,039.9+0.051%Variational Omni1,039.9+0.051%BloFin1,040+0.053%HTX1,040+0.057%
Polymarket Perps
Arcus
Ondo Perps
Bullet
OKX
Gate
Binance
KuCoin
Bybit
Bitget
Orderly
SoDEX
Pacifica
Nado
Extended
Deribit
Variational Omni
BloFin
HTXLighter RH1,040.1+0.067%
Aster1,040.2+0.080%ApeX Omni1,040.3+0.086%Vest1,040.3+0.087%QFEX1,040.3+0.089%Paradex1,040.4+0.093%RISEx1,040.4+0.097%Lighter1,040.4+0.098%Phoenix1,040.5+0.106%edgeX1,040.5+0.110%StandX1,040.8+0.130%SunX1,041.2+0.169%Injective1,050.7+1.088%
Aster
ApeX Omni
Vest
QFEX
Paradex
RISEx
Lighter
Phoenix
StandX
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MU | −0.009% | +0.0050% | 1h | $177.4M | $95.7M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.005% | +0.0136% | 1h | $778K | $1.7M | 10x | as long as short |
| Aevo MU-PERPlong | 0.000% | +0.0080% | 1h | $33K | — | 10x | |
| Polymarket Perps MU-USD | 0.000% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Arcus MU-USD | +0.001% | +0.0153% | 1h | $63K | $235K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.002% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Bullet MU-USD | +0.003% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.005% | 0.0000% | 8h | $30.9M | $96.4M | 50x | as long as short |
| Gate MU_USDT | +0.008% | 0.0000% | 8h | $64.4M | $26.1M | 75x | as long as short |
| Binance MUUSDT | +0.009% | 0.0000% | 8h | $126.6M | $490.2M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin MUUSDTM | +0.010% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Bybit MUUSDT | +0.017% | 0.0000% | 8h | $18.0M | $29.5M | 100x | as long as short |
| Bitget MUUSDT | +0.017% | +0.0043% | 8h | $20.1M | $39.5M | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.030% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| SoDEX MU-USD | +0.034% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.036% | +0.0156% | 1h | $3K | $44K | 10x | as long as short |
| Pacifica MU | +0.036% | +0.0100% | 1h | $146K | $154K | 10x | as long as short |
| Nado MU-PERP | +0.036% | +0.0049% | 1h | $333K | $779K | 10x | as long as short |
| Extended MU_24_5-USD | +0.039% | +0.0032% | 1h | $525K | $1.0M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.042% | 0.0000% | 1h | $54K | $112K | 10x | as long as short |
| Variational Omni MU | +0.042% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
| BloFin MU-USDT | +0.044% | +0.0120% | 8h | $1.5M | $1.7M | 20x | as long as short |
| HTX MU-USDT | +0.047% | 0.0000% | 8h | $126K | $445K | 50x | as long as short |
| Lighter RH MUshort | +0.058% | +0.0032% | 1h | $1.0M | $4.3M | 10x | |
| Aster MUUSD1 | +0.071% | 0.0000% | 8h | $21.4M | $24.8M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.076% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Vest MU-USD-PERP | +0.077% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| QFEX MU-USD | +0.080% | +0.0034% | 1h | $7.8M | $22.8M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.083% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| RISEx MU/USDC | +0.088% | +0.0044% | 1h | $284K | $330K | 20x | as long as short |
| Lighter MU | +0.089% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| Phoenix MU | +0.097% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| edgeX MUUSDC | +0.101% | +0.0583% | 4h | $1.3M | $670K | 10x | as long as short |
| StandX MU-USD | +0.121% | 0.0000% | 1h | $188K | $2.6M | 20x | as long as short |
| SunX MU-USDT | +0.160% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +1.079% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |