Spread before costs (cost unknown: a leg has no order-book sample)−0.028%
7d average—if it closes, per $10,000$3funding while held, a day+$1.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,040.1 | 0.0032 | pay 0.0004% / 1h | 26m 46s | $1.0M | $4.3M | 10x |
| Short | Aevo MU-PERP | 1,039.8 | 0.0080 | get 0.0010% / 1h | 26m 46s | $33K | — | 10x |
Lighter RH MU
Aevo MU-PERPPrice 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
- −$2.83
- Funding while held
- $1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$17.39
- Spread needed to break even
- 0.160%
Slippage unknown: Lighter RH: live order book, 3 min ago; Aevo: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0048%
- Per $10,000 a day
- +$1.44
- 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 Lighter RH live order book, 3 min ago | 1.68 bp | 1.8 bp −$2 | 4.0 bp −$40 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International1,039.4cheapestNado1,039.5+0.011%Ondo Perps1,039.7+0.028%
Coinbase International
Nado
Ondo PerpsAevo1,039.8+0.035%
Arcus1,039.8+0.037%SoDEX1,039.9+0.039%Pacifica1,039.9+0.042%Polymarket Perps1,039.9+0.044%Deribit1,039.9+0.047%Variational Omni1,039.9+0.047%BloFin1,040+0.049%Extended1,040+0.050%HTX1,040+0.053%KuCoin1,040+0.054%Bullet1,040+0.057%Gate1,040.1+0.060%Aftermath Perps1,040.1+0.063%tradeXYZ1,040.1+0.063%
Arcus
SoDEX
Pacifica
Polymarket Perps
Deribit
Variational Omni
BloFin
Extended
HTX
KuCoin
Bullet
Gate
tradeXYZLighter RH1,040.1+0.063%
Orderly1,040.1+0.064%QFEX1,040.2+0.068%RISEx1,040.2+0.073%Binance1,040.2+0.074%Bitget1,040.2+0.075%ApeX Omni1,040.3+0.082%Paradex1,040.4+0.089%Lighter1,040.4+0.094%Bybit1,040.4+0.094%OKX1,040.4+0.094%Phoenix1,040.5+0.102%edgeX1,040.5+0.106%Vest1,040.7+0.121%Aster1,040.7+0.123%StandX1,040.8+0.126%SunX1,041.2+0.165%Injective1,050.7+1.084%
Orderly
QFEX
RISEx
Binance
Bitget
ApeX Omni
Paradex
Lighter
Bybit
OKX
Phoenix
Vest
Aster
StandX
SunX
InjectiveMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.063% | +0.0136% | 1h | $778K | $1.7M | 10x | as long as short |
| Nado MU-PERP | −0.053% | +0.0048% | 1h | $333K | $779K | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.036% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| Aevo MU-PERPshort | −0.028% | +0.0080% | 1h | $33K | — | 10x | |
| Arcus MU-USD | −0.027% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| SoDEX MU-USD | −0.024% | +0.0050% | 1h | $682K | $16K | 10x | as long as short |
| Pacifica MU | −0.022% | +0.0100% | 1h | $146K | $154K | 10x | as long as short |
| Polymarket Perps MU-USD | −0.019% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.016% | 0.0000% | 1h | $54K | $112K | 10x | as long as short |
| Variational Omni MU | −0.016% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin MU-USDT | −0.014% | +0.0120% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Extended MU_24_5-USD | −0.013% | +0.0032% | 1h | $525K | $1.0M | 10x | as long as short |
| HTX MU-USDT | −0.011% | 0.0000% | 8h | $126K | $445K | 50x | as long as short |
| KuCoin MUUSDTM | −0.010% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Bullet MU-USD | −0.007% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| Gate MU_USDT | −0.004% | 0.0000% | 8h | $64.5M | $26.1M | 75x | as long as short |
| Aftermath Perps MUUSD | 0.000% | +0.0153% | 1h | $3K | $44K | 10x | as long as short |
| tradeXYZ xyz:MU | 0.000% | +0.0050% | 1h | $177.5M | $95.7M | 10x | as long as short |
| Lighter RH MUlong | 0.000% | +0.0032% | 1h | $1.0M | $4.3M | 10x | |
| Orderly PERP_MU_USDC_mythos | +0.001% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| QFEX MU-USD | +0.005% | +0.0034% | 1h | $7.8M | $22.8M | 10x | as long as short |
| RISEx MU/USDC | +0.010% | +0.0044% | 1h | $284K | $330K | 20x | as long as short |
| Binance MUUSDT | +0.011% | 0.0000% | 8h | $126.7M | $490.0M | 50x | as long as short |
| Bitget MUUSDT | +0.012% | +0.0044% | 8h | $20.1M | $39.5M | 50x | as long as short |
| ApeX Omni MUUSDT | +0.018% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Paradex MU-USD-PERP | +0.025% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| Lighter MU | +0.031% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| Bybit MUUSDT | +0.031% | 0.0000% | 8h | $18.0M | $29.5M | 100x | as long as short |
| OKX MU-USDT-SWAP | +0.031% | 0.0000% | 8h | $30.9M | $96.4M | 50x | as long as short |
| Phoenix MU | +0.038% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| edgeX MUUSDC | +0.043% | +0.0583% | 4h | $1.3M | $670K | 10x | as long as short |
| Vest MU-USD-PERP | +0.058% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Aster MUUSD1 | +0.059% | 0.0000% | 8h | $21.4M | $24.7M | 20x | as long as short |
| StandX MU-USD | +0.062% | 0.0000% | 1h | $188K | $2.6M | 20x | as long as short |
| SunX MU-USDT | +0.102% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +1.020% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |