After costs, if the gap returns to its 7d average, $10k+$2
spread now+0.161%7d average−0.054%fees + slippage, in and out−$19spread needed0.191%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUUSDT | 1,040.6 | 0 | get 0.0000% / 8h | 24m 57s | $18.3M | $28.7M | 100x |
| Short | Lighter RH MU | 1,042.3 | 0.0032 | get 0.0004% / 1h | 24m 57s | $1.1M | $4.2M | 10x |
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
- $16.14
- Funding while held
- $0.96
- Slippage, 4 orders
- −$8.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$1.97
- Spread needed to break even
- 0.191%
Slippage from Bybit: live order book, 5 min ago; Lighter RH: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0032%
- Per $10,000 a day
- +$0.96
- 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 Bybit live order book, 5 min ago | 0.05 bp | 8.4 bp −$8 | 11.9 bp −$119 | 24.1 bp −$2,410 | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.05 bp | 0.6 bp −$1 | 6.3 bp −$63 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Extended MU_24_5-USD | −0.052% | +0.0032% | 1h | $523K | $994K | 10x | as long as short |
| Bitget MUUSDT | −0.024% | +0.0103% | 8h | $20.0M | $37.5M | 50x | as long as short |
| KuCoin MUUSDTM | −0.014% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| Gate MU_USDT | −0.002% | 0.0000% | 8h | $66.1M | $24.4M | 75x | as long as short |
| Bybit MUUSDTlong | 0.000% | 0.0000% | 8h | $18.3M | $28.7M | 100x | |
| Binance MUUSDT | +0.024% | +0.0047% | 8h | $129.5M | $448.7M | 50x | as long as short |
| tradeXYZ xyz:MU | +0.046% | +0.0050% | 1h | $177.2M | $94.3M | 10x | as long as short |
| Aster MUUSD1 | +0.053% | 0.0000% | 8h | $21.4M | $9.8M | 20x | as long as short |
| Ondo Perps MU-USD.P | +0.054% | +0.0050% | 1h | $2.0M | $2.5M | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.070% | 0.0000% | 8h | $30.7M | $91.8M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica MU | +0.094% | +0.0100% | 1h | $156K | $100K | 10x | as long as short |
| Aevo MU-PERP | +0.124% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Nado MU-PERP | +0.124% | +0.0135% | 1h | $280K | $734K | 10x | as long as short |
| Arcus MU-USD | +0.129% | +0.0040% | 1h | $70K | $195K | 10x | as long as short |
| Lighter MU | +0.137% | +0.0032% | 1h | $995K | $4.5M | 20x | as long as short |
| Polymarket Perps MU-USD | +0.142% | +0.0050% | 1h | $166K | $159K | 10x | as long as short |
| QFEX MU-USD | +0.143% | +0.0045% | 1h | $7.9M | $22.5M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.144% | 0.0000% | 1h | $55K | $86K | 10x | as long as short |
| Bullet MU-USD | +0.152% | +0.0043% | 1h | $25K | $398K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.157% | +0.0100% | 8h | $829 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.158% | +0.0173% | 1h | $282K | $326K | 20x | as long as short |
| Paradex MU-USD-PERP | +0.158% | +0.0059% | 8h | $2K | — | 5x | as long as short |
| HTX MU-USDT | +0.160% | 0.0000% | 8h | $129K | $439K | 50x | as long as short |
| Lighter RH MUshort | +0.161% | +0.0032% | 1h | $1.1M | $4.2M | 10x | |
| SoDEX MU-USD | +0.164% | +0.0050% | 1h | $688K | $12K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.167% | +0.0199% | 1h | $3K | $43K | 10x | as long as short |
| BloFin MU-USDT | +0.173% | +0.0167% | 8h | $1.5M | $1.5M | 20x | as long as short |
| Phoenix MU | +0.190% | +0.0154% | 1h | $528K | $190K | 15x | as long as short |
| StandX MU-USD | +0.200% | 0.0000% | 1h | $188K | $1.8M | 20x | as long as short |
| Vest MU-USD-PERP | +0.229% | +0.0046% | 1h | — | $165K | 25x | as long as short |
| SunX MU-USDT | +0.264% | 0.0000% | 8h | $11K | $6.3M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.384% | +0.0184% | 1h | $802K | $1.7M | 10x | as long as short |
| Variational Omni MU | +0.395% | +0.0027% | 8h | $2.7M | $2.7M | — | as long as short |
| ApeX Omni MUUSDT | +0.410% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| edgeX MUUSDC | +0.427% | +0.0636% | 4h | $1.3M | $671K | 10x | as long as short |
| Injective MU/USDC PERP | +0.970% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |
Bybit MUUSDT
Lighter RH MU
Extended
Bitget
KuCoin
Gate
Binance
tradeXYZ
Aster
OKX
Pacifica
Lighter
Polymarket Perps
Deribit
Bullet
RISEx
Paradex
HTX
SoDEX
BloFin
Phoenix
StandX
SunX
Coinbase International
Variational Omni
ApeX Omni
Injective