MU

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.10 per $10,000 · paid last 24h +0.021%

Price spread now: Lighter against Injective−1.531%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.242%+$24 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 1.531% cheaper against Injective than usual: you would sell low and buy high (spread −1.531% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$153 on $10k: about 2 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MU/USDC PERP	1,051.4	0.0033	pay 0.0004% / 1h	24m 36s	$19K	$5K	12x
Short	Lighter MU	1,035.3	0.0112	get 0.0014% / 1h	24m 36s	$1.0M	$4.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee LighterbpOrdersPrice spread, now −1.531%Rate

Funding earned: $16.52
Price spread: −1.531% → 0.000%: −$153.13
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$136.63
Costs to cover: 0.000%
Break-even: 64.9 days

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	0.48 bp	0.5 bp $0	1.8 bp −$18	25.7 bp −$2,573	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0386%	4h	1,034	−1.653%	$1.3M	$671K	10x	as long as short
Bitget MUUSDT	−0.0097%	8h	1,036.4	−1.426%	$20.3M	$41.1M	50x	as long as short
Aster MUUSD1	0.0000%	8h	1,035.9	−1.473%	$21.0M	$57.2M	20x	as long as short
Binance MUUSDT	0.0000%	8h	1,035.9	−1.470%	$121.7M	$532.4M	50x	as long as short
Bybit MUUSDT	0.0000%	8h	1,036.1	−1.452%	$18.5M	$32.1M	100x	as long as short
OKX MU-USDT-SWAP	0.0000%	8h	1,036.2	−1.443%	$29.9M	$100.5M	50x	as long as short
RISEx MU/USDC	0.0000%	1h	1,035.7	−1.487%	$316K	$387K	20x	as long as short
Gate MU_USDT	0.0000%	8h	1,035.6	−1.501%	$61.4M	$28.4M	75x	as long as short
Variational Omni MU	0.0000%	8h	1,034.5	−1.607%	$2.6M	$2.4M	—	as long as short
GRVT MU_USDT_Perp	0.0000%	8h	1,037	−1.363%	$75K	$1.4M	10x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
StandX MU-USD	0.0000%	1h	1,035.4	−1.516%	$187K	$3.5M	20x	as long as short
SunX MU-USDT	0.0000%	8h	1,036.9	−1.377%	$11K	$5.7M	10x	as long as short
HTX MU-USDT	0.0000%	8h	1,035.4	−1.514%	$127K	$448K	50x	as long as short
Aftermath Perps MUUSD	+0.0018%	1h	1,035.2	−1.539%	$3K	$44K	10x	as long as short
QFEX MU-USD	+0.0023%	1h	1,035.7	−1.494%	$7.0M	$18.1M	10x	as long as short
Nado MU-PERP	+0.0027%	1h	1,035.3	−1.529%	$276K	$819K	10x	as long as short
Bullet MU-USD	+0.0032%	1h	1,035.7	−1.491%	$25K	$389K	10x	as long as short
Lighter RH MU	+0.0032%	1h	1,035.4	−1.515%	$1.2M	$4.5M	10x	as long as short
Extended MU_24_5-USD	+0.0032%	1h	1,035	−1.555%	$538K	$1.1M	10x	as long as short
Injective MU/USDC PERPlong	+0.0033%	1h	1,051.4	long leg	$19K	$5K	12x
Arcus MU-USD	+0.0040%	1h	1,034.9	−1.564%	$70K	$231K	10x	as long as short
Vest MU-USD-PERP	+0.0046%	1h	1,035.3	−1.528%	—	$175K	25x	as long as short
tradeXYZ xyz:MU	+0.0050%	1h	1,035.2	−1.537%	$175.9M	$91.6M	10x	as long as short
Polymarket Perps MU-USD	+0.0050%	1h	1,035.4	−1.518%	$168K	$203K	10x	as long as short
SoDEX MU-USD	+0.0050%	1h	1,034.8	−1.573%	$679K	$15K	10x	as long as short
Ondo Perps MU-USD.P	+0.0050%	1h	1,035.3	−1.526%	$1.9M	$2.4M	10x	as long as short
Paradex MU-USD-PERP	+0.0052%	8h	1,035.7	−1.488%	$2K	—	5x	as long as short
Aevo MU-PERP	+0.0080%	1h	1,035.4	−1.518%	$32K	$1K	10x	as long as short
Pacifica MU	+0.0100%	1h	1,035.2	−1.538%	$147K	$189K	10x	as long as short
KuCoin MUUSDTM	+0.0100%	8h	1,034.9	−1.567%	$5.2M	$3.8M	20x	as long as short
ApeX Omni MUUSDT	+0.0100%	1h	1,034.3	−1.626%	$70K	$269K	50x	as long as short
Orderly PERP_MU_USDC_mythos	+0.0100%	8h	1,035	−1.556%	$823	$799	20x	as long as short
Lighter MUshort	+0.0112%	1h	1,035.3	−1.531%	$1.0M	$4.9M	20x
BloFin MU-USDT	+0.0120%	8h	1,035.9	−1.475%	$1.5M	$2.0M	20x	as long as short
Coinbase International MU-PERP-INTX	+0.0144%	1h	1,035.7	−1.492%	$731K	$1.3M	10x	as long as short
Phoenix MU	+0.0231%	1h	1,035	−1.556%	$529K	$270K	15x	as long as short
Deribit MU_USDC-PERPETUAL	+0.0301%	1h	1,035.7	−1.492%	$73K	$515K	10x	as long as short