After costs, if the gap returns to its 7d average, $10k−$5
spread now+0.139%7d average+0.029%fees + slippage, in and out−$16spread needed0.163%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MU-USD | 1,045.5 | 0.0050 | pay 0.0006% / 1h | 28m 38s | $167K | $159K | 10x |
| Short | Lighter MU | 1,047 | 0.0032 | get 0.0004% / 1h | 28m 38s | $990K | $4.5M | 20x |
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
- $13.87
- Funding while held
- −$0.54
- Slippage, 4 orders
- −$8.31
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$2.98
- Spread needed to break even
- 0.163%
Slippage from Polymarket Perps: live order book, 20 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0018%
- Per $10,000 a day
- −$0.54
- 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 Polymarket Perps live order book, 20 min ago | 3.37 bp | 8.1 bp −$8 | 8.6 bp −$86 | 10.0 bp −$996 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.38 bp | 0.4 bp $0 | 1.2 bp −$12 | 15.9 bp −$1,591 | 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 | −0.276% | +0.0219% | 1h | $3K | $43K | 10x | as long as short |
| Phoenix MU | −0.201% | +0.0154% | 1h | $529K | $190K | 15x | as long as short |
| Variational Omni MU | −0.170% | +0.0033% | 8h | $2.7M | $2.7M | — | as long as short |
| edgeX MUUSDC | −0.112% | +0.0538% | 4h | $1.3M | $670K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | −0.084% | +0.0184% | 1h | $802K | $1.7M | 10x | as long as short |
| Nado MU-PERP | −0.053% | +0.0141% | 1h | $283K | $731K | 10x | as long as short |
| StandX MU-USD | −0.039% | 0.0000% | 1h | $189K | $1.8M | 20x | as long as short |
| ApeX Omni MUUSDT | 0.000% | +0.0100% | 1h | $71K | $268K | 50x | as long as short |
| Polymarket Perps MU-USDlong | 0.000% | +0.0050% | 1h | $167K | $159K | 10x | |
| Vest MU-USD-PERP | +0.008% | +0.0046% | 1h | — | $158K | 25x | as long as short |
Show all 36 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX MU-USD | +0.022% | +0.0050% | 1h | $690K | $11K | 10x | as long as short |
| HTX MU-USDT | +0.028% | 0.0000% | 8h | $130K | $439K | 50x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.044% | 0.0000% | 1h | $55K | $86K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.046% | +0.0050% | 1h | $2.0M | $2.5M | 10x | as long as short |
| BloFin MU-USDT | +0.054% | +0.0172% | 8h | $1.5M | $1.4M | 20x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.062% | +0.0100% | 8h | $832 | $799 | 20x | as long as short |
| Aevo MU-PERP | +0.064% | +0.0096% | 1h | $33K | — | 10x | as long as short |
| Arcus MU-USD | +0.079% | +0.0040% | 1h | $73K | $191K | 10x | as long as short |
| Bullet MU-USD | +0.080% | +0.0058% | 1h | $25K | $398K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.096% | 0.0000% | 8h | $30.9M | $91.0M | 50x | as long as short |
| Extended MU_24_5-USD | +0.096% | +0.0032% | 1h | $525K | $991K | 10x | as long as short |
| KuCoin MUUSDTM | +0.101% | +0.0100% | 8h | $5.2M | $3.6M | 20x | as long as short |
| Binance MUUSDT | +0.113% | +0.0052% | 8h | $130.2M | $443.9M | 50x | as long as short |
| Gate MU_USDT | +0.113% | 0.0000% | 8h | $66.5M | $24.3M | 75x | as long as short |
| Pacifica MU | +0.129% | +0.0100% | 1h | $157K | $100K | 10x | as long as short |
| QFEX MU-USD | +0.130% | +0.0045% | 1h | $7.9M | $22.5M | 10x | as long as short |
| Lighter RH MU | +0.137% | +0.0032% | 1h | $1.1M | $4.1M | 10x | as long as short |
| Bitget MUUSDT | +0.138% | +0.0107% | 8h | $20.3M | $37.0M | 50x | as long as short |
| SunX MU-USDT | +0.138% | 0.0000% | 8h | $11K | $6.2M | 10x | as long as short |
| Lighter MUshort | +0.139% | +0.0032% | 1h | $990K | $4.5M | 20x | |
| Aster MUUSD1 | +0.142% | 0.0000% | 8h | $21.5M | $9.7M | 20x | as long as short |
| Paradex MU-USD-PERP | +0.144% | +0.0060% | 8h | $2K | — | 5x | as long as short |
| Bybit MUUSDT | +0.144% | 0.0000% | 8h | $18.5M | $28.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.153% | +0.0050% | 1h | $178.3M | $93.9M | 10x | as long as short |
| RISEx MU/USDC | +0.179% | +0.0173% | 1h | $284K | $326K | 20x | as long as short |
| Injective MU/USDC PERP | +0.498% | +0.0033% | 1h | $14K | $143K | 12x | as long as short |
Polymarket Perps MU-USD
Lighter MU
Phoenix
Variational Omni
Coinbase International
StandX
ApeX Omni
SoDEX
HTX
Deribit
BloFin
Bullet
OKX
Extended
KuCoin
Binance
Gate
Pacifica
Lighter RH
Bitget
SunX
Aster
Paradex
Bybit
tradeXYZ
RISEx
Injective