After costs, if the gap returns to its 7d average, $10k−$17
spread now−0.073%7d average−0.017%fees + slippage, in and out−$11spread needed0.111%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUUSDT | 1,042.4 | 0.0049 | pay 0.0049% / 8h | 7h 37m | $128.4M | $471.1M | 50x |
| Short | Lighter MU | 1,041.7 | 0.0032 | get 0.0004% / 1h | 37m 43s | $1.0M | $4.6M | 20x |
Price 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
- −$7.29
- Funding while held
- −$0.52
- Slippage, 4 orders
- −$1.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$18.9
- Spread needed to break even
- 0.111%
Slippage from Binance: live order book, 7 min ago; Lighter: live order book, 7 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0017%
- Per $10,000 a day
- −$0.52
- 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 Binance live order book, 7 min ago | 0.10 bp | 5.3 bp −$5 | 6.6 bp −$66 | 11.7 bp −$1,174 | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.05 bp | 0.1 bp $0 | 1.5 bp −$15 | 11.9 bp −$1,193 | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.MU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.217% | +0.0168% | 1h | $780K | $1.7M | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.160% | +0.0050% | 1h | $2.0M | $2.4M | 10x | as long as short |
| StandX MU-USD | −0.158% | 0.0000% | 1h | $188K | $2.1M | 20x | as long as short |
| Nado MU-PERP | −0.155% | +0.0107% | 1h | $334K | $772K | 10x | as long as short |
| Phoenix MU | −0.148% | +0.0232% | 1h | $528K | $192K | 15x | as long as short |
| Arcus MU-USD | −0.132% | +0.0073% | 1h | $57K | $216K | 10x | as long as short |
| Polymarket Perps MU-USD | −0.129% | +0.0050% | 1h | $165K | $159K | 10x | as long as short |
| QFEX MU-USD | −0.120% | +0.0037% | 1h | $7.9M | $22.6M | 10x | as long as short |
| Variational Omni MU | −0.118% | +0.0029% | 8h | $2.7M | $2.5M | — | as long as short |
| edgeX MUUSDC | −0.112% | +0.0160% | 4h | $1.3M | $669K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx MU/USDC | −0.111% | +0.0145% | 1h | $284K | $317K | 20x | as long as short |
| Pacifica MU | −0.110% | +0.0100% | 1h | $148K | $110K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.104% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Paradex MU-USD-PERP | −0.103% | +0.0056% | 8h | $2K | — | 5x | as long as short |
| Aftermath Perps MUUSD | −0.100% | +0.0207% | 1h | $3K | $43K | 10x | as long as short |
| Vest MU-USD-PERP | −0.094% | +0.0046% | 1h | — | $172K | 25x | as long as short |
| Lighter RH MU | −0.086% | +0.0032% | 1h | $1.1M | $4.2M | 10x | as long as short |
| Aevo MU-PERP | −0.081% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| BloFin MU-USDT | −0.076% | +0.0169% | 8h | $1.5M | $1.6M | 20x | as long as short |
| Lighter MUshort | −0.073% | +0.0032% | 1h | $1.0M | $4.6M | 20x | |
| Deribit MU_USDC-PERPETUAL | −0.067% | +0.0163% | 1h | $55K | $95K | 10x | as long as short |
| SoDEX MU-USD | −0.066% | +0.0050% | 1h | $684K | $16K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.064% | +0.0100% | 8h | $828 | $799 | 20x | as long as short |
| HTX MU-USDT | −0.063% | 0.0000% | 8h | $129K | $437K | 50x | as long as short |
| Bullet MU-USD | −0.061% | 0.0000% | 1h | $26K | $399K | 10x | as long as short |
| KuCoin MUUSDTM | −0.054% | +0.0100% | 8h | $5.2M | $3.7M | 20x | as long as short |
| Extended MU_24_5-USD | −0.042% | +0.0032% | 1h | $521K | $989K | 10x | as long as short |
| Aster MUUSD1 | −0.031% | 0.0000% | 8h | $21.5M | $14.7M | 20x | as long as short |
| Gate MU_USDT | −0.027% | 0.0000% | 8h | $65.1M | $24.9M | 75x | as long as short |
| Binance MUUSDTlong | 0.000% | +0.0049% | 8h | $128.4M | $471.1M | 50x | |
| tradeXYZ xyz:MU | +0.006% | +0.0056% | 1h | $178.1M | $95.1M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.017% | 0.0000% | 8h | $30.8M | $93.9M | 50x | as long as short |
| Bitget MUUSDT | +0.022% | +0.0095% | 8h | $20.1M | $38.4M | 50x | as long as short |
| Bybit MUUSDT | +0.039% | 0.0000% | 8h | $18.2M | $28.9M | 100x | as long as short |
| SunX MU-USDT | +0.059% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.793% | +0.0033% | 1h | $14K | $66K | 12x | as long as short |
Binance MUUSDT
Lighter MU
Coinbase International
StandX
Phoenix
Polymarket Perps
Variational Omni
RISEx
Pacifica
ApeX Omni
Paradex
Lighter RH
BloFin
Deribit
SoDEX
HTX
Bullet
KuCoin
Extended
Aster
Gate
tradeXYZ
OKX
Bitget
Bybit
SunX
Injective