Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: Lighter against Extended+0.032%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8as in the Price arb table
costs, in and out, $10k−$80.082% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.032%, 7d avg +0.026%
=Together, before fees+0.003%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MU_24_5-USD | 1,044.6 | 0.0032 | pay 0.0004% / 1h | 14m 57s | $549K | $1.1M | 10x |
| Short | Lighter MU | 1,044.9 | 0.0032 | get 0.0004% / 1h | 14m 57s | $1.1M | $5.1M | 20x |
Extended MU_24_5-USD
Lighter MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- $0
- Price spread: +0.032% → +0.026%
- $0.62
- Slippage, 4 orders
- −$3.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.55
- Costs to cover
- 0.082%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Lighter: live order book, 3 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 Extended live order book, 3 min ago | 0.05 bp | 3.9 bp −$4 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.29 bp | 0.4 bp $0 | 1.5 bp −$15 | 31.8 bp −$3,180 | 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 | −0.0649% | 4h | 1,044.1 | −0.043% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,045.1 | +0.049% | $21.2M | $56.6M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,044.8 | +0.018% | $123.8M | $523.2M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,045.1 | +0.053% | $18.7M | $31.8M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,044.7 | +0.009% | $30.9M | $99.6M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,045.1 | +0.054% | $337K | $353K | 20x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,044.9 | +0.031% | $62.1M | $27.9M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,045.2 | +0.055% | $20.5M | $41.6M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,045.2 | +0.055% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,045.3 | +0.074% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
Gate MU_USDT
Bitget MUUSDT
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 | 1,045 | +0.043% | $189K | $3.4M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,047.4 | +0.274% | $11K | $5.8M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,044.8 | +0.021% | $130K | $434K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0018% | 1h | 1,044.8 | +0.020% | $73K | $482K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,044.7 | +0.009% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0032% | 1h | 1,045 | +0.036% | $7.0M | $18.0M | 10x | as long as short |
| Lighter MUshort | +0.0032% | 1h | 1,044.9 | +0.032% | $1.1M | $5.1M | 20x | |
| Lighter RH MU | +0.0032% | 1h | 1,044.7 | +0.016% | $1.3M | $4.4M | 10x | as long as short |
| Extended MU_24_5-USDlong | +0.0032% | 1h | 1,044.6 | long leg | $549K | $1.1M | 10x | |
| Nado MU-PERP | +0.0033% | 1h | 1,044.6 | +0.001% | $282K | $830K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.650% | $19K | $5K | 12x | as long as short |
| Bullet MU-USD | +0.0040% | 1h | 1,045.4 | +0.076% | $26K | $392K | 10x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,044.4 | −0.020% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,045.7 | +0.108% | — | $176K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,044.8 | +0.022% | $176.7M | $95.5M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,045 | +0.041% | $170K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,044.8 | +0.020% | $686K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0050% | 8h | 1,045.1 | +0.055% | $2K | — | 5x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,043.2 | −0.129% | $1.9M | $2.2M | 10x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,044.8 | +0.021% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,044.7 | +0.013% | $147K | $185K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,044.6 | −0.001% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,045.6 | +0.098% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,045 | +0.039% | $831 | $799 | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0120% | 1h | 1,044.6 | +0.002% | $749K | $1.2M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,044.9 | +0.033% | $1.5M | $2.0M | 20x | as long as short |
| Phoenix MU | +0.0305% | 1h | 1,044.2 | −0.036% | $534K | $271K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
HTX MU-USDT
Deribit MU_USDC-PERPETUAL
Aftermath Perps MUUSD
QFEX MU-USD
Lighter RH MU
Nado MU-PERP
Injective MU/USDC PERP
Bullet MU-USD
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
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Coinbase International MU-PERP-INTX
BloFin MU-USDT
Phoenix MU