Spread before costs (cost unknown: a leg has no order-book sample)−0.198%
7d average—if it closes, per $10,000$20funding while held, a day+$0.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,048 | 0.0032 | pay 0.0004% / 1h | 27m 33s | $1.3M | $3.3M | 10x |
| Short | Injective MU/USDC PERP | 1,045.9 | 0.0033 | get 0.0004% / 1h | 27m 33s | $15K | $225K | 12x |
Lighter RH MU
Injective MU/USDC 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
- −$19.85
- Funding while held
- $0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$19.83
- Spread needed to break even
- 0.000%
Slippage unknown: Lighter RH: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.04
- 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, 2 min ago | 1.96 bp | 3.0 bp −$3 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1,040.4cheapestAftermath Perps1,041.6+0.107%Phoenix1,045.1+0.448%edgeX1,045.4+0.476%KuCoin1,045.6+0.491%ApeX Omni1,045.6+0.492%Nado1,045.7+0.501%
Variational Omni
Phoenix
KuCoin
ApeX Omni
NadoInjective1,045.9+0.526%
BloFin1,046.1+0.547%StandX1,046.2+0.554%Orderly1,046.3+0.561%Deribit1,046.4+0.572%Bullet1,046.4+0.573%Vest1,046.7+0.597%SoDEX1,047+0.625%Coinbase International1,047+0.630%OKX1,047.2+0.648%HTX1,047.3+0.657%Bybit1,047.3+0.662%Extended1,047.3+0.662%tradeXYZ1,047.4+0.669%Arcus1,047.4+0.669%Pacifica1,047.5+0.676%Ondo Perps1,047.5+0.676%Binance1,047.5+0.677%Polymarket Perps1,047.5+0.678%Gate1,047.7+0.698%Aevo1,047.7+0.698%Aster1,047.7+0.699%SunX1,047.8+0.704%QFEX1,047.8+0.709%
BloFin
StandX
Orderly
Deribit
Bullet
Vest
SoDEX
Coinbase International
OKX
HTX
Bybit
Extended
tradeXYZ
Arcus
Pacifica
Ondo Perps
Binance
Polymarket Perps
Gate
Aevo
Aster
SunX
QFEXLighter RH1,048+0.725%
RISEx1,048.1+0.735%Paradex1,048.2+0.749%Lighter1,048.3+0.754%Bitget1,048.3+0.758%
RISEx
Paradex
Lighter
BitgetMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MU | −0.720% | +0.0033% | 8h | $2.5M | $1.9M | — | as long as short |
| Aftermath Perps MUUSD | −0.614% | +0.0032% | 1h | $3K | $41K | 10x | as long as short |
| Phoenix MU | −0.276% | +0.0309% | 1h | $532K | $153K | 15x | as long as short |
| edgeX MUUSDC | −0.248% | +0.0860% | 4h | $1.3M | $466K | 10x | as long as short |
| KuCoin MUUSDTM | −0.233% | +0.0100% | 8h | $5.3M | $1.5M | 20x | as long as short |
| ApeX Omni MUUSDT | −0.232% | +0.0100% | 1h | $71K | $266K | 50x | as long as short |
| Nado MU-PERP | −0.222% | +0.0104% | 1h | $245K | $365K | 10x | as long as short |
| Injective MU/USDC PERPshort | −0.198% | +0.0033% | 1h | $15K | $225K | 12x | |
| BloFin MU-USDT | −0.177% | +0.0173% | 8h | $1.5M | $1.1M | 20x | as long as short |
| StandX MU-USD | −0.170% | 0.0000% | 1h | $190K | $647K | 20x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_MU_USDC_mythos | −0.163% | +0.0100% | 8h | $160 | — | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.153% | +0.0113% | 1h | $52K | $70K | 10x | as long as short |
| Bullet MU-USD | −0.152% | +0.0134% | 1h | $25K | $396K | 10x | as long as short |
| Vest MU-USD-PERP | −0.128% | +0.0046% | 1h | — | $47K | 25x | as long as short |
| SoDEX MU-USD | −0.099% | +0.0314% | 1h | $694K | $8K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.094% | +0.0208% | 1h | $869K | $1.2M | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.077% | 0.0000% | 8h | $30.5M | $51.2M | 50x | as long as short |
| HTX MU-USDT | −0.068% | 0.0000% | 8h | $138K | $351K | 50x | as long as short |
| Bybit MUUSDT | −0.063% | 0.0000% | 8h | $18.8M | $16.3M | 100x | as long as short |
| Extended MU_24_5-USD | −0.063% | +0.0032% | 1h | $526K | $822K | 10x | as long as short |
| tradeXYZ xyz:MU | −0.056% | +0.0135% | 1h | $173.6M | $68.0M | 10x | as long as short |
| Arcus MU-USD | −0.056% | +0.0040% | 1h | $66K | $161K | 10x | as long as short |
| Pacifica MU | −0.049% | +0.0100% | 1h | $153K | $85K | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.049% | +0.0050% | 1h | $2.0M | $2.2M | 10x | as long as short |
| Binance MUUSDT | −0.048% | +0.0053% | 8h | $129.8M | $224.5M | 50x | as long as short |
| Polymarket Perps MU-USD | −0.047% | +0.0050% | 1h | $166K | $153K | 10x | as long as short |
| Gate MU_USDT | −0.028% | 0.0000% | 8h | $67.5M | $14.7M | 75x | as long as short |
| Aevo MU-PERP | −0.027% | +0.0096% | 1h | $34K | — | 10x | as long as short |
| Aster MUUSD1 | −0.026% | 0.0000% | 8h | $21.6M | $7.0M | 20x | as long as short |
| SunX MU-USDT | −0.021% | 0.0000% | 8h | $11K | $3.2M | 10x | as long as short |
| QFEX MU-USD | −0.016% | +0.0042% | 1h | $7.8M | $20.5M | 10x | as long as short |
| Lighter RH MUlong | 0.000% | +0.0032% | 1h | $1.3M | $3.3M | 10x | |
| RISEx MU/USDC | +0.009% | +0.0210% | 1h | $315K | $254K | 20x | as long as short |
| Paradex MU-USD-PERP | +0.024% | +0.0064% | 8h | $2K | — | 5x | as long as short |
| Lighter MU | +0.029% | +0.0040% | 1h | $970K | $3.0M | 20x | as long as short |
| Bitget MUUSDT | +0.032% | +0.0096% | 8h | $21.2M | $17.9M | 50x | as long as short |