After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.252%7d average+0.028%fees + slippage, in and out−$16spread needed0.160%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH MU | 1,048.3 | 0.0032 | pay 0.0004% / 1h | 27m 04s | $1.3M | $3.3M | 10x |
| Short | Nado MU-PERP | 1,045.7 | 0.0104 | get 0.0013% / 1h | 27m 04s | $245K | $365K | 10x |
Lighter RH MU
Nado 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
- −$25.19
- Funding while held
- $2.16
- Slippage, 4 orders
- −$9.03
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$39.07
- Spread needed to break even
- 0.160%
Slippage from Lighter RH: live order book, 3 min ago; Nado: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0072%
- Per $10,000 a day
- +$2.16
- 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 | 1.96 bp | 3.0 bp −$3 | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Nado live order book, 32 min ago | 0.05 bp | 6.0 bp −$6 | 18.6 bp −$186 | doesn't fit | doesn't fit |
MU price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni1,040.4cheapestAftermath Perps1,042.5+0.200%Phoenix1,044.9+0.428%edgeX1,045.4+0.476%ApeX Omni1,045.6+0.492%
Variational Omni
Phoenix
ApeX OmniNado1,045.7+0.501%
KuCoin1,045.7+0.502%Injective1,045.9+0.526%Extended1,046+0.533%OKX1,046.2+0.552%StandX1,046.2+0.554%Bitget1,046.3+0.558%Aevo1,046.4+0.573%Coinbase International1,046.5+0.585%Vest1,046.7+0.597%SoDEX1,046.8+0.609%Orderly1,046.8+0.614%Deribit1,046.8+0.615%Bybit1,047+0.628%Binance1,047+0.629%Bullet1,047.2+0.650%HTX1,047.3+0.663%Arcus1,047.4+0.669%Pacifica1,047.5+0.676%Ondo Perps1,047.5+0.676%Polymarket Perps1,047.5+0.678%Aster1,047.5+0.679%QFEX1,047.8+0.709%Lighter1,047.9+0.719%RISEx1,048.1+0.735%Paradex1,048.2+0.749%
KuCoin
Injective
Extended
OKX
StandX
Bitget
Aevo
Coinbase International
Vest
SoDEX
Orderly
Deribit
Bybit
Binance
Bullet
HTX
Arcus
Pacifica
Ondo Perps
Polymarket Perps
Aster
QFEX
Lighter
RISEx
ParadexLighter RH1,048.3+0.755%
tradeXYZ1,048.4+0.765%BloFin1,048.7+0.793%SunX1,049.6+0.882%Gate1,050.1+0.927%
tradeXYZ
BloFin
SunX
GateMU on 36 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MU | −0.750% | +0.0033% | 8h | $2.5M | $1.9M | — | as long as short |
| Aftermath Perps MUUSD | −0.551% | +0.0031% | 1h | $3K | $41K | 10x | as long as short |
| Phoenix MU | −0.324% | +0.0309% | 1h | $531K | $153K | 15x | as long as short |
| edgeX MUUSDC | −0.277% | +0.0860% | 4h | $1.3M | $466K | 10x | as long as short |
| ApeX Omni MUUSDT | −0.261% | +0.0100% | 1h | $71K | $266K | 50x | as long as short |
| Nado MU-PERPshort | −0.252% | +0.0104% | 1h | $245K | $365K | 10x | |
| KuCoin MUUSDTM | −0.252% | +0.0100% | 8h | $5.3M | $1.7M | 20x | as long as short |
| Injective MU/USDC PERP | −0.228% | +0.0033% | 1h | $15K | $225K | 12x | as long as short |
| Extended MU_24_5-USD | −0.221% | +0.0032% | 1h | $528K | $828K | 10x | as long as short |
| OKX MU-USDT-SWAP | −0.201% | 0.0000% | 8h | $30.4M | $52.5M | 50x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| StandX MU-USD | −0.199% | 0.0000% | 1h | $190K | $647K | 20x | as long as short |
| Bitget MUUSDT | −0.196% | +0.0096% | 8h | $21.0M | $18.7M | 50x | as long as short |
| Aevo MU-PERP | −0.181% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.169% | +0.0208% | 1h | $868K | $1.2M | 10x | as long as short |
| Vest MU-USD-PERP | −0.157% | +0.0046% | 1h | — | $47K | 25x | as long as short |
| SoDEX MU-USD | −0.145% | +0.0285% | 1h | $694K | $8K | 10x | as long as short |
| Orderly PERP_MU_USDC_mythos | −0.140% | +0.0100% | 8h | $160 | — | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | −0.139% | 0.0000% | 1h | $52K | $70K | 10x | as long as short |
| Bybit MUUSDT | −0.126% | 0.0000% | 8h | $18.7M | $17.0M | 100x | as long as short |
| Binance MUUSDT | −0.126% | +0.0053% | 8h | $129.7M | $226.6M | 50x | as long as short |
| Bullet MU-USD | −0.105% | +0.0132% | 1h | $25K | $396K | 10x | as long as short |
| HTX MU-USDT | −0.092% | 0.0000% | 8h | $137K | $355K | 50x | as long as short |
| Arcus MU-USD | −0.086% | +0.0040% | 1h | $66K | $161K | 10x | as long as short |
| Pacifica MU | −0.079% | +0.0100% | 1h | $153K | $85K | 10x | as long as short |
| Ondo Perps MU-USD.P | −0.078% | +0.0050% | 1h | $2.0M | $2.2M | 10x | as long as short |
| Polymarket Perps MU-USD | −0.076% | +0.0050% | 1h | $166K | $153K | 10x | as long as short |
| Aster MUUSD1 | −0.075% | 0.0000% | 8h | $21.6M | $7.1M | 20x | as long as short |
| QFEX MU-USD | −0.046% | +0.0042% | 1h | $7.8M | $20.5M | 10x | as long as short |
| Lighter MU | −0.036% | +0.0048% | 1h | $951K | $3.1M | 20x | as long as short |
| RISEx MU/USDC | −0.021% | +0.0210% | 1h | $315K | $254K | 20x | as long as short |
| Paradex MU-USD-PERP | −0.006% | +0.0064% | 8h | $2K | — | 5x | as long as short |
| Lighter RH MUlong | 0.000% | +0.0032% | 1h | $1.3M | $3.3M | 10x | |
| tradeXYZ xyz:MU | +0.010% | +0.0132% | 1h | $174.0M | $68.5M | 10x | as long as short |
| BloFin MU-USDT | +0.037% | +0.0173% | 8h | $1.5M | $1.1M | 20x | as long as short |
| SunX MU-USDT | +0.126% | 0.0000% | 8h | $11K | $3.3M | 10x | as long as short |
| Gate MU_USDT | +0.171% | 0.0000% | 8h | $67.7M | $14.9M | 75x | as long as short |