Funding you earn now, next payment 10:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter against StandX+0.087%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$170.167% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.087%, 7d avg −0.030%
=Together, before fees+0.150%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.117% dearer against StandX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX MU-USD | 1,034.3 | 0 | get 0.0000% / 1h | 11m 23s | $187K | $3.7M | 20x |
| Short | Lighter MU | 1,035.2 | 0.0144 | get 0.0018% / 1h | 11m 23s | $1.0M | $5.1M | 20x |
StandX MU-USD
Lighter MUFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against StandX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.24
- Price spread: +0.087% → −0.030%
- $11.74
- Slippage, 4 orders
- −$8.71
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $25.27
- Costs to cover
- 0.167%
- Break-even
- 1.2 days
Slippage from StandX: live order book, 1 min ago; Lighter: live order book, 5 min ago.
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 StandX live order book, 1 min ago | 2.41 bp | 6.8 bp −$7 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.44 bp | 0.4 bp $0 | 0.8 bp −$8 | 16.7 bp −$1,672 | doesn't fit |
MU on 37 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0919% | 4h | 1,034.4 | +0.011% | $1.3M | $696K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,035.9 | +0.157% | $21.2M | $72.7M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,035.4 | +0.108% | $120.9M | $550.4M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,035.5 | +0.115% | $29.4M | $106.5M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,035 | +0.071% | $61.6M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,035.3 | +0.093% | $19.8M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,034.5 | +0.022% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USDlong | 0.0000% | 1h | 1,034.3 | long leg | $187K | $3.7M | 20x | |
| SunX MU-USDT | 0.0000% | 8h | 1,036.8 | +0.239% | $11K | $5.1M | 10x | as long as short |
| HTX MU-USDT | 0.0000% | 8h | 1,035.1 | +0.077% | $119K | $475K | 50x | as long as short |
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
SunX MU-USDT
HTX MU-USDTShow all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH MU | +0.0032% | 1h | 1,034.9 | +0.061% | $1.1M | $4.6M | 10x | as long as short |
| Aftermath Perps MUUSD | +0.0033% | 1h | 1,034.2 | −0.015% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.648% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,035.8 | +0.147% | — | $177K | 25x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,035.2 | +0.086% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,035.1 | +0.072% | $679K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,034.1 | −0.025% | $1.9M | $3.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0050% | 8h | 1,035.4 | +0.102% | $18.8M | $32.4M | 100x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,035 | +0.067% | $7.0M | $19.1M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0069% | 8h | 1,035.1 | +0.077% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,034.6 | +0.028% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,034.5 | +0.017% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,034.4 | +0.012% | $5.2M | $5.7M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,034.7 | +0.035% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,035.3 | +0.093% | $823 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,035.3 | +0.092% | $296K | $350K | 20x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,035.5 | +0.117% | $1.4M | $2.5M | 20x | as long as short |
| Nado MU-PERP | +0.0125% | 1h | 1,034.5 | +0.017% | $270K | $840K | 10x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,034.7 | +0.038% | $90K | $148K | 10x | as long as short |
| Lighter MUshort | +0.0144% | 1h | 1,035.2 | +0.087% | $1.0M | $5.1M | 20x | |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | −0.078% | $732K | $1.2M | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0166% | 1h | 1,034.4 | +0.008% | $41K | $705K | 10x | as long as short |
| GRVT MU_USDT_Perp | +0.0167% | 8h | 1,035.3 | +0.097% | $76K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0181% | 1h | 1,035.1 | +0.076% | $175.6M | $75.8M | 10x | as long as short |
| Bullet MU-USD | +0.0212% | 1h | 1,035.5 | +0.111% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0288% | 1h | 1,034.1 | −0.020% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,034.4 | +0.009% | $529K | $269K | 15x | as long as short |
Lighter RH MU
Aftermath Perps MUUSD
Injective MU/USDC PERP
Vest MU-USD-PERP
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
Bybit MUUSDT
QFEX MU-USD
Paradex MU-USD-PERP
Aevo MU-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
RISEx MU/USDC
BloFin MU-USDT
Nado MU-PERP
Arcus MU-USD
Coinbase International MU-PERP-INTX
Deribit MU_USDC-PERPETUAL
GRVT MU_USDT_Perp
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU