After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.006%7d average+0.025%fees + slippage, in and out−$24spread needed0.243%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,040.4 | 0.0032 | pay 0.0004% / 1h | 29m 13s | $1.0M | $4.3M | 10x |
| Short | Gate MU_USDT | 1,040.4 | 0 | get 0.0000% / 8h | 6h 29m | $64.5M | $26.1M | 75x |
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
- −$0.58
- Funding while held
- −$0.96
- Slippage, 4 orders
- −$9.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$25.87
- Spread needed to break even
- 0.243%
Slippage from Lighter RH: live order book, 6 min ago; Gate: live order book, 1 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 Lighter RH live order book, 6 min ago | 1.30 bp | 1.4 bp −$1 | 3.2 bp −$32 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.06 bp | 10.3 bp −$10 | 15.1 bp −$151 | 34.8 bp −$3,483 | 60.9 bp −$30.5K |
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 | |
|---|---|---|---|---|---|---|---|
| Coinbase International MU-PERP-INTX | −0.096% | +0.0136% | 1h | $778K | $1.7M | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.075% | +0.0050% | 1h | $1.9M | $2.5M | 10x | as long as short |
| ApeX Omni MUUSDT | −0.060% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Pacifica MU | −0.055% | +0.0100% | 1h | $146K | $154K | 10x | as long as short |
| Aftermath Perps MUUSD | −0.055% | +0.0154% | 1h | $3K | $44K | 10x | as long as short |
| Variational Omni MU | −0.049% | 0.0000% | 8h | $2.7M | $2.6M | — | as long as short |
| StandX MU-USD | −0.037% | 0.0000% | 1h | $188K | $2.6M | 20x | as long as short |
| Nado MU-PERP | −0.032% | +0.0048% | 1h | $333K | $779K | 10x | as long as short |
| KuCoin MUUSDTM | −0.019% | +0.0100% | 8h | $5.2M | $3.8M | 20x | as long as short |
| Extended MU_24_5-USD | −0.017% | +0.0032% | 1h | $525K | $1.0M | 10x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.008% | +0.0861% | 4h | $1.3M | $671K | 10x | as long as short |
| Aevo MU-PERP | −0.008% | +0.0080% | 1h | $33K | — | 10x | as long as short |
| Gate MU_USDTshort | −0.006% | 0.0000% | 8h | $64.5M | $26.1M | 75x | |
| Arcus MU-USD | −0.002% | +0.0153% | 1h | $60K | $232K | 10x | as long as short |
| Lighter RH MUlong | 0.000% | +0.0032% | 1h | $1.0M | $4.3M | 10x | |
| SoDEX MU-USD | +0.001% | +0.0050% | 1h | $683K | $16K | 10x | as long as short |
| QFEX MU-USD | +0.005% | +0.0034% | 1h | $7.9M | $22.8M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.006% | +0.0050% | 1h | $177.6M | $95.7M | 10x | as long as short |
| Polymarket Perps MU-USD | +0.006% | +0.0050% | 1h | $164K | $159K | 10x | as long as short |
| Phoenix MU | +0.006% | +0.0230% | 1h | $527K | $192K | 15x | as long as short |
| OKX MU-USDT-SWAP | +0.007% | 0.0000% | 8h | $30.9M | $96.3M | 50x | as long as short |
| Lighter MU | +0.008% | +0.0032% | 1h | $984K | $4.6M | 20x | as long as short |
| HTX MU-USDT | +0.008% | 0.0000% | 8h | $126K | $445K | 50x | as long as short |
| Bullet MU-USD | +0.012% | 0.0000% | 1h | $25K | $399K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.014% | +0.0067% | 1h | $54K | $111K | 10x | as long as short |
| Binance MUUSDT | +0.015% | 0.0000% | 8h | $126.7M | $489.0M | 50x | as long as short |
| Bitget MUUSDT | +0.015% | +0.0046% | 8h | $20.0M | $39.3M | 50x | as long as short |
| RISEx MU/USDC | +0.016% | +0.0044% | 1h | $284K | $330K | 20x | as long as short |
| Paradex MU-USD-PERP | +0.016% | +0.0051% | 8h | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.017% | 0.0000% | 8h | $18.0M | $29.4M | 100x | as long as short |
| BloFin MU-USDT | +0.024% | +0.0120% | 8h | $1.5M | $1.7M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.029% | +0.0100% | 8h | $827 | $799 | 20x | as long as short |
| Vest MU-USD-PERP | +0.031% | +0.0046% | 1h | — | $175K | 25x | as long as short |
| Aster MUUSD1 | +0.033% | 0.0000% | 8h | $21.4M | $24.4M | 20x | as long as short |
| SunX MU-USDT | +0.137% | 0.0000% | 8h | $11K | $6.6M | 10x | as long as short |
| Injective MU/USDC PERP | +0.987% | +0.0033% | 1h | $14K | $62K | 12x | as long as short |
Lighter RH MU
Gate MU_USDT
Coinbase International
ApeX Omni
Pacifica
Variational Omni
StandX
KuCoin
Extended
SoDEX
tradeXYZ
Polymarket Perps
Phoenix
OKX
Lighter
HTX
Bullet
Deribit
Binance
Bitget
RISEx
Paradex
Bybit
BloFin
Aster
SunX
Injective