Funding you earn now, next payment 10:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.117%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.117%, 7d avg −0.165%
=Together, before fees+0.141%+ Points / potential airdropLighter RH: Points live · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.049% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MU-USDT | 1,035.6 | 0 | get 0.0000% / 8h | 6h 16m | $11K | $5.1M | 10x |
| Short | Lighter RH MU | 1,034.4 | 0.0032 | get 0.0004% / 1h | 16m 44s | $1.1M | $4.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. 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
- $6.72
- Price spread: −0.117% → −0.165%
- $4.86
- Slippage, 4 orders
- −$53.96
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$50.37
- Costs to cover
- 0.620%
- Break-even
- 59.5 days
Slippage from SunX: live order book, 5 min ago; Lighter RH: 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 SunX live order book, 5 min ago | 21.61 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.65 bp | 1.7 bp −$2 | 3.3 bp −$33 | doesn't fit | 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 | −0.0255% | 4h | 1,033 | −0.246% | $1.3M | $695K | 10x | as long as short |
| Aster MUUSD1 | 0.0000% | 8h | 1,034.4 | −0.114% | $21.1M | $72.4M | 20x | as long as short |
| Binance MUUSDT | 0.0000% | 8h | 1,034.3 | −0.126% | $120.8M | $549.9M | 50x | as long as short |
| OKX MU-USDT-SWAP | 0.0000% | 8h | 1,034.8 | −0.076% | $29.4M | $106.4M | 50x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,034.3 | −0.123% | $61.6M | $28.0M | 75x | as long as short |
| Bitget MUUSDT | 0.0000% | 8h | 1,035 | −0.053% | $19.8M | $42.8M | 50x | as long as short |
| Variational Omni MU | 0.0000% | 8h | 1,033.1 | −0.238% | $2.6M | $2.6M | — | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,033.5 | −0.204% | $187K | $3.7M | 20x | as long as short |
| SunX MU-USDTlong | 0.0000% | 8h | 1,035.6 | long leg | $11K | $5.1M | 10x | |
| Deribit MU_USDC-PERPETUAL | 0.0000% | 1h | 1,033 | −0.249% | $44K | $698K | 10x | as long as short |
Show all 37 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MU-USDT | 0.0000% | 8h | 1,033.2 | −0.230% | $119K | $475K | 50x | as long as short |
| Lighter RH MUshort | +0.0032% | 1h | 1,034.4 | −0.117% | $1.1M | $4.5M | 10x | |
| Aftermath Perps MUUSD | +0.0032% | 1h | 1,033.3 | −0.221% | $3K | $42K | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +1.524% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,034.1 | −0.146% | — | $177K | 25x | as long as short |
| Bybit MUUSDT | +0.0049% | 8h | 1,034.6 | −0.094% | $18.8M | $32.4M | 100x | as long as short |
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,033.2 | −0.230% | $167K | $178K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,033.3 | −0.225% | $678K | $13K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,032.5 | −0.301% | $1.9M | $3.2M | 10x | as long as short |
| QFEX MU-USD | +0.0059% | 1h | 1,033.6 | −0.189% | $7.0M | $19.0M | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0067% | 8h | 1,034.4 | −0.117% | $2K | — | 5x | as long as short |
| Aevo MU-PERP | +0.0080% | 1h | 1,033.1 | −0.241% | $32K | $1K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,034.1 | −0.142% | $146K | $223K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,033.3 | −0.221% | $5.2M | $5.6M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,033.6 | −0.196% | $70K | $270K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,033.3 | −0.218% | $821 | $799 | 20x | as long as short |
| RISEx MU/USDC | +0.0107% | 1h | 1,034.5 | −0.109% | $295K | $350K | 20x | as long as short |
| GRVT MU_USDT_Perp | +0.0115% | 8h | 1,033.5 | −0.201% | $76K | $1.4M | 10x | as long as short |
| BloFin MU-USDT | +0.0120% | 8h | 1,033.7 | −0.183% | $1.4M | $2.5M | 20x | as long as short |
| Nado MU-PERP | +0.0123% | 1h | 1,033.4 | −0.212% | $269K | $840K | 10x | as long as short |
| Lighter MU | +0.0136% | 1h | 1,034.4 | −0.110% | $1.0M | $5.0M | 20x | as long as short |
| Arcus MU-USD | +0.0139% | 1h | 1,034.5 | −0.103% | $90K | $148K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0152% | 1h | 1,033.5 | −0.201% | $732K | $1.2M | 10x | as long as short |
| tradeXYZ xyz:MU | +0.0178% | 1h | 1,034.1 | −0.143% | $175.1M | $75.6M | 10x | as long as short |
| Bullet MU-USD | +0.0212% | 1h | 1,033.7 | −0.182% | $25K | $386K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0264% | 1h | 1,033.5 | −0.199% | $549K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0310% | 1h | 1,033.4 | −0.211% | $529K | $269K | 15x | as long as short |
SunX MU-USDT
Lighter RH MU
edgeX MUUSDC
Aster MUUSD1
Binance MUUSDT
OKX MU-USDT-SWAP
Gate MU_USDT
Bitget MUUSDT
Variational Omni MU
StandX MU-USD
Deribit MU_USDC-PERPETUAL
HTX MU-USDT
Aftermath Perps MUUSD
Injective MU/USDC PERP
Bybit MUUSDT
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
RISEx MU/USDC
GRVT MU_USDT_Perp
BloFin MU-USDT
Lighter MU
Coinbase International MU-PERP-INTX
tradeXYZ xyz:MU
Bullet MU-USD
Extended MU_24_5-USD
Phoenix MU