After costs, if the gap returns to its 7d average, $10k−$19
spread now+0.055%7d average+0.064%fees + slippage, in and out−$18spread needed0.180%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,042.6 | 0.0032 | pay 0.0004% / 1h | 30m 30s | $1.2M | $2.9M | 10x |
| Short | Bitget MUUSDT | 1,043.2 | 0.0095 | get 0.0095% / 8h | 2h 30m | $20.2M | $13.7M | 50x |
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
- $5.47
- Funding while held
- $1.89
- Slippage, 4 orders
- −$6.01
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$10.65
- Spread needed to break even
- 0.180%
Slippage from Lighter RH: live order book, 4 min ago; Bitget: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0063%
- Per $10,000 a day
- +$1.89
- 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, 4 min ago | 0.48 bp | 0.7 bp −$1 | 7.0 bp −$70 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.43 bp | 8.1 bp −$8 | 10.6 bp −$106 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps MUUSD | −0.304% | +0.0033% | 1h | $3K | $41K | 10x | as long as short |
| Variational Omni MU | −0.209% | +0.0033% | 8h | $2.5M | $1.9M | — | as long as short |
| ApeX Omni MUUSDT | −0.195% | +0.0100% | 1h | $71K | $266K | 50x | as long as short |
| edgeX MUUSDC | −0.190% | +0.0019% | 4h | $1.3M | $265K | 10x | as long as short |
| HTX MU-USDT | −0.092% | 0.0000% | 8h | $137K | $346K | 50x | as long as short |
| Aevo MU-PERP | −0.068% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.059% | +0.0124% | 1h | $46K | $57K | 10x | as long as short |
| Extended MU_24_5-USD | −0.051% | +0.0032% | 1h | $553K | $739K | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.047% | +0.0050% | 1h | $2.0M | $2.2M | 10x | as long as short |
| SoDEX MU-USD | −0.046% | +0.0227% | 1h | $691K | $8K | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest MU-USD-PERP | −0.037% | +0.0046% | 1h | — | $46K | 25x | as long as short |
| Arcus MU-USD | −0.026% | +0.0040% | 1h | $66K | $157K | 10x | as long as short |
| BloFin MU-USDT | −0.021% | +0.0177% | 8h | $1.5M | $1.1M | 20x | as long as short |
| QFEX MU-USD | −0.002% | +0.0042% | 1h | $7.7M | $20.4M | 10x | as long as short |
| Nado MU-PERP | −0.002% | +0.0100% | 1h | $249K | $318K | 10x | as long as short |
| Lighter RH MUlong | 0.000% | +0.0032% | 1h | $1.2M | $2.9M | 10x | |
| Lighter MU | +0.001% | +0.0048% | 1h | $954K | $2.4M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.003% | +0.0100% | 8h | $160 | — | 20x | as long as short |
| StandX MU-USD | +0.010% | 0.0000% | 1h | $189K | $649K | 20x | as long as short |
| Pacifica MU | +0.014% | +0.0100% | 1h | $152K | $81K | 10x | as long as short |
| Polymarket Perps MU-USD | +0.017% | +0.0050% | 1h | $147K | $127K | 10x | as long as short |
| KuCoin MUUSDTM | +0.026% | +0.0100% | 8h | $5.3M | $1.4M | 20x | as long as short |
| Gate MU_USDT | +0.027% | 0.0000% | 8h | $67.6M | $13.3M | 75x | as long as short |
| Paradex MU-USD-PERP | +0.042% | +0.0063% | 8h | $2K | — | 5x | as long as short |
| OKX MU-USDT-SWAP | +0.049% | +0.0004% | 8h | $30.4M | $46.4M | 50x | as long as short |
| Binance MUUSDT | +0.053% | +0.0056% | 8h | $130.8M | $195.1M | 50x | as long as short |
| Bybit MUUSDT | +0.053% | 0.0000% | 8h | $18.3M | $13.0M | 100x | as long as short |
| Bitget MUUSDTshort | +0.055% | +0.0095% | 8h | $20.2M | $13.7M | 50x | |
| tradeXYZ xyz:MU | +0.065% | +0.0143% | 1h | $172.8M | $65.7M | 10x | as long as short |
| RISEx MU/USDC | +0.072% | +0.0210% | 1h | $311K | $211K | 20x | as long as short |
| Aster MUUSD1 | +0.084% | 0.0000% | 8h | $21.5M | $6.7M | 20x | as long as short |
| Bullet MU-USD | +0.093% | +0.0132% | 1h | $25K | $396K | 10x | as long as short |
| Injective MU/USDC PERP | +0.097% | +0.0033% | 1h | $15K | $225K | 12x | as long as short |
| SunX MU-USDT | +0.149% | 0.0000% | 8h | $11K | $3.1M | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.234% | +0.0208% | 1h | $868K | $1.2M | 10x | as long as short |
| Phoenix MU | +0.238% | +0.0309% | 1h | $531K | $153K | 15x | as long as short |
Lighter RH MU
Bitget MUUSDT
Variational Omni
ApeX Omni
HTX
Deribit
Extended
SoDEX
BloFin
Lighter
StandX
Pacifica
Polymarket Perps
KuCoin
Gate
Paradex
OKX
Binance
Bybit
tradeXYZ
RISEx
Aster
Bullet
Injective
SunX
Coinbase International
Phoenix