After costs, if the gap returns to its 7d average, $10k−$17
spread now+0.036%7d average−0.001%fees + slippage, in and out−$21spread needed0.210%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,041.8 | 0 | get 0.0000% / 8h | 5h 47m | $64.5M | $26.8M | 75x |
| Short | Lighter MU | 1,042.2 | 0.0032 | get 0.0004% / 1h | 47m 58s | $983K | $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
- $3.55
- Funding while held
- $0.96
- Slippage, 4 orders
- −$5.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$16.47
- Spread needed to break even
- 0.210%
Slippage from Gate: live order book, 2 min ago; Lighter: live order book, 6 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 Gate live order book, 2 min ago | 1.25 bp | 10.3 bp −$10 | 15.5 bp −$155 | 36.1 bp −$3,613 | 70.9 bp −$35.5K |
| Sell Lighter live order book, 6 min ago | 0.53 bp | 0.5 bp −$1 | 1.8 bp −$18 | 11.8 bp −$1,177 | 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 | |
|---|---|---|---|---|---|---|---|
| Ondo Perps MU-USD.P | −0.103% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Variational Omni MU | −0.099% | 0.0000% | 8h | $2.7M | $2.7M | — | as long as short |
| edgeX MUUSDC | −0.097% | +0.0025% | 4h | $1.3M | $671K | 10x | as long as short |
| Aftermath Perps MUUSD | −0.088% | +0.0150% | 1h | $3K | $44K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.054% | +0.0100% | 1h | $71K | $267K | 50x | as long as short |
| Nado MU-PERP | −0.053% | +0.0046% | 1h | $334K | $780K | 10x | as long as short |
| Extended MU_24_5-USD | −0.051% | +0.0032% | 1h | $523K | $1.0M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.050% | +0.0144% | 1h | $780K | $1.7M | 10x | as long as short |
| Pacifica MU | −0.041% | +0.0100% | 1h | $147K | $158K | 10x | as long as short |
| StandX MU-USD | −0.036% | 0.0000% | 1h | $188K | $2.7M | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix MU | −0.031% | +0.0154% | 1h | $528K | $192K | 15x | as long as short |
| Arcus MU-USD | −0.027% | +0.0040% | 1h | $63K | $235K | 10x | as long as short |
| BloFin MU-USDT | −0.026% | +0.0120% | 8h | $1.5M | $1.8M | 20x | as long as short |
| KuCoin MUUSDTM | −0.020% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Paradex MU-USD-PERP | −0.020% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| QFEX MU-USD | −0.014% | +0.0031% | 1h | $7.9M | $22.9M | 10x | as long as short |
| tradeXYZ xyz:MU | −0.012% | +0.0050% | 1h | $177.9M | $95.9M | 10x | as long as short |
| Bitget MUUSDT | −0.007% | +0.0024% | 8h | $20.1M | $40.0M | 50x | as long as short |
| OKX MU-USDT-SWAP | −0.005% | 0.0000% | 8h | $31.0M | $97.4M | 50x | as long as short |
| Polymarket Perps MU-USD | −0.002% | +0.0050% | 1h | $164K | $158K | 10x | as long as short |
| Aevo MU-PERP | −0.002% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| Gate MU_USDTlong | 0.000% | 0.0000% | 8h | $64.5M | $26.8M | 75x | |
| HTX MU-USDT | +0.005% | 0.0000% | 8h | $126K | $443K | 50x | as long as short |
| Bybit MUUSDT | +0.008% | 0.0000% | 8h | $18.0M | $29.8M | 100x | as long as short |
| Binance MUUSDT | +0.009% | 0.0000% | 8h | $126.6M | $497.7M | 50x | as long as short |
| SoDEX MU-USD | +0.012% | +0.0050% | 1h | $684K | $16K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.014% | 0.0000% | 1h | $54K | $128K | 10x | as long as short |
| Lighter RH MU | +0.027% | +0.0032% | 1h | $1.0M | $4.2M | 10x | as long as short |
| Bullet MU-USD | +0.027% | 0.0000% | 1h | $24K | $399K | 10x | as long as short |
| Aster MUUSD1 | +0.028% | 0.0000% | 8h | $21.4M | $25.2M | 20x | as long as short |
| RISEx MU/USDC | +0.031% | 0.0000% | 1h | $284K | $330K | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.034% | +0.0100% | 8h | $829 | $799 | 20x | as long as short |
| Lighter MUshort | +0.036% | +0.0032% | 1h | $983K | $4.6M | 20x | |
| Vest MU-USD-PERP | +0.060% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| SunX MU-USDT | +0.152% | 0.0000% | 8h | $11K | $6.7M | 10x | as long as short |
| Injective MU/USDC PERP | +0.853% | +0.0033% | 1h | $14K | $302 | 12x | as long as short |
Gate MU_USDT
Lighter MU
Variational Omni
ApeX Omni
Extended
Coinbase International
Pacifica
StandX
Phoenix
BloFin
KuCoin
Paradex
tradeXYZ
Bitget
OKX
Polymarket Perps
HTX
Bybit
Binance
SoDEX
Deribit
Lighter RH
Bullet
Aster
RISEx
SunX
Injective