Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against Gate−0.036%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.036%, 7d avg −0.025%
=Together, before fees+0.073%+ Points / potential airdropLighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MU_USDT | 1,042.3 | 0 | get 0.0000% / 8h | 2h 45m | $61.9M | $27.9M | 75x |
| Short | Lighter RH MU | 1,041.9 | 0.0032 | get 0.0004% / 1h | 45m 08s | $1.2M | $4.4M | 10x |
Gate MU_USDT
Lighter RH MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Gate. 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
- $6.72
- Price spread: −0.036% → −0.025%
- −$1.05
- Slippage, 4 orders
- −$10.88
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$20.21
- Costs to cover
- 0.259%
- Break-even
- 28.0 days
Slippage from Gate: live order book, 4 min ago; Lighter RH: 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 Gate live order book, 4 min ago | 1.49 bp | 11.3 bp −$11 | 16.8 bp −$168 | 37.5 bp −$3,755 | 73.0 bp −$36.5K |
| Sell Lighter RH live order book, 3 min ago | 0.58 bp | 1.6 bp −$2 | 4.6 bp −$46 | doesn't fit | 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 | −0.0373% | 4h | 1,042.1 | −0.015% | $1.3M | $673K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,042.3 | +0.006% | $21.2M | $57.2M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,041.8 | −0.044% | $122.7M | $525.4M | 50x | as long as short |
| Bybit MUUSDT | 0.0000% | 8h | 1,041.9 | −0.031% | $18.6M | $32.0M | 100x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,041.4 | −0.086% | $30.4M | $99.7M | 50x | as long as short |
| RISEx MU/USDC | 0.0000% | 1h | 1,042.5 | +0.025% | $336K | $354K | 20x | as long as short |
| Gate MU_USDTlong | 0.0000% | 8h | 1,042.3 | long leg | $61.9M | $27.9M | 75x | |
| Bitget MUUSDT | 0.0000% | 8h | 1,042.4 | +0.012% | $20.4M | $41.0M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,042 | −0.029% | $2.7M | $2.4M | — | as long as short |
| GRVT MU_USDT_Perp | 0.0000% | 8h | 1,042.2 | −0.003% | $83K | $1.4M | 10x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
Bybit MUUSDT
OKX MU-USDT-SWAP
RISEx MU/USDC
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 | 1,042.1 | −0.016% | $188K | $3.5M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,043.7 | +0.135% | $11K | $5.7M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,042 | −0.024% | $73K | $503K | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,041.5 | −0.069% | $128K | $443K | 50x | as long as short |
| Nado MU-PERP | +0.0007% | 1h | 1,042.1 | −0.010% | $281K | $820K | 10x | as long as short |
| Bullet MU-USD | +0.0016% | 1h | 1,042.2 | −0.005% | $25K | $392K | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0019% | 1h | 1,042.1 | −0.016% | $3K | $44K | 10x | as long as short |
| QFEX MU-USD | +0.0023% | 1h | 1,042 | −0.025% | $7.0M | $17.9M | 10x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,041.9 | −0.036% | $1.2M | $4.4M | 10x | |
| Extended MU_24_5-USD | +0.0032% | 1h | 1,041.5 | −0.074% | $546K | $1.1M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.874% | $19K | $5K | 12x | as long as short |
| Arcus MU-USD | +0.0040% | 1h | 1,042.1 | −0.013% | $70K | $232K | 10x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,042.5 | +0.027% | — | $175K | 25x | as long as short |
| tradeXYZ xyz:MU | +0.0050% | 1h | 1,042.1 | −0.014% | $177.1M | $93.6M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,042.1 | −0.014% | $169K | $203K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,041.8 | −0.045% | $684K | $15K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,041.6 | −0.061% | $1.9M | $2.3M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0051% | 8h | 1,042.6 | +0.036% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,041.7 | −0.057% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,042.3 | +0.008% | $147K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,042.1 | −0.011% | $5.2M | $3.4M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,042.3 | +0.005% | $71K | $269K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,042.1 | −0.015% | $828 | $799 | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,041.8 | −0.047% | $1.5M | $2.0M | 20x | as long as short |
| Lighter MU | +0.0128% | 1h | 1,042 | −0.024% | $1.1M | $4.9M | 20x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0144% | 1h | 1,043.3 | +0.103% | $745K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.0231% | 1h | 1,043.3 | +0.101% | $534K | $270K | 15x | as long as short |
StandX MU-USD
SunX MU-USDT
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Nado MU-PERP
Bullet MU-USD
Aftermath Perps MUUSD
QFEX MU-USD
Extended MU_24_5-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
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
Phoenix MU