Funding you earn now, next payment 07:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.012%
Price spread now: Lighter against Aster−0.021%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$150.153% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.021%, 7d avg −0.028%
=Together, before fees+0.208%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUUSD1 | 1,038.1 | 0 | get 0.0000% / 8h | 1h 53m | $21.2M | $57.4M | 20x |
| Short | Lighter MU | 1,037.9 | 0.0064 | get 0.0008% / 1h | 53m 41s | $1.1M | $4.9M | 20x |
Aster MUUSD1
Lighter MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- $13.44
- Price spread: −0.021% → −0.028%
- $0.75
- Slippage, 4 orders
- −$7.33
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$1.14
- Costs to cover
- 0.153%
- Break-even
- 7.6 days
Slippage from Aster: live order book, 5 min ago; Lighter: live order book, 4 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 Aster live order book, 5 min ago | 1.68 bp | 7.4 bp −$7 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.10 bp | 0.3 bp $0 | 1.8 bp −$18 | 39.9 bp −$3,992 | 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 | −0.0451% | 4h | 1,038.8 | +0.062% | $1.3M | $672K | 10x | as long as short |
| Bitget MUUSDT | −0.0078% | 8h | 1,038.1 | −0.001% | $20.2M | $41.3M | 50x | as long as short |
| Aster MUUSD1long | 0.0000% | 8h | 1,038.1 | long leg | $21.2M | $57.4M | 20x | |
| Binance MUUSDT | 0.0000% | 8h | 1,038.1 | −0.004% | $121.7M | $536.7M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,038.2 | +0.005% | $18.6M | $32.2M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,038.2 | +0.001% | $29.9M | $101.4M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,038.4 | +0.024% | $315K | $384K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,038 | −0.015% | $61.4M | $28.2M | 75x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,038.8 | +0.059% | $2.5M | $2.6M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,039.7 | +0.154% | $84K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Bitget MUUSDT
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 | 1,038.7 | +0.055% | $188K | $3.5M | 20x | as long as short |
| Bullet MU-USD | 0.0000% | 1h | 1,038.1 | −0.001% | $26K | $390K | 10x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,039.1 | +0.088% | $11K | $5.6M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,037.5 | −0.065% | $128K | $441K | 50x | as long as short |
| Nado MU-PERP | +0.0003% | 1h | 1,037.7 | −0.043% | $277K | $817K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,039.1 | +0.092% | $3K | $44K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0020% | 1h | 1,037.8 | −0.037% | $74K | $542K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,037.8 | −0.030% | $1.2M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,037.7 | −0.039% | $544K | $1.1M | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,038 | −0.010% | $7.0M | $18.4M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.273% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,038.5 | +0.031% | $70K | $230K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,037.8 | −0.031% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,037.7 | −0.043% | $176.4M | $89.1M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,037.2 | −0.091% | $168K | $196K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,037.8 | −0.034% | $681K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,038.9 | +0.071% | $1.8M | $2.5M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0053% | 8h | 1,038.1 | −0.004% | $2K | — | 5x | as long as short |
| Lighter MUshort | +0.0064% | 1h | 1,037.9 | −0.021% | $1.1M | $4.9M | 20x | |
| Aevo MU-PERP | +0.0080% | 1h | 1,037.6 | −0.055% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,037.7 | −0.046% | $147K | $190K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,037.7 | −0.042% | $5.2M | $3.9M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,039.2 | +0.101% | $70K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,037.7 | −0.039% | $825 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0104% | 1h | 1,037.6 | −0.054% | $732K | $1.3M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,038.7 | +0.052% | $1.4M | $2.1M | 20x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,039.4 | +0.121% | $532K | $270K | 15x | as long as short |
StandX MU-USD
Bullet MU-USD
SunX MU-USDT
HTX MU-USDT
Nado MU-PERP
Aftermath Perps MUUSD
Deribit MU_USDC-PERPETUAL
Lighter RH MU
Extended MU_24_5-USD
QFEX MU-USD
Injective MU/USDC PERP
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
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU