Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.08 per $10,000 · paid last 24h −0.049%
Price spread now: Lighter against Aftermath Perps+0.095%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.095% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.095% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps UNIUSD8.81790.0484pay 0.0060% / 1h50m 04s$1K$50K10x
ShortLighter UNI8.82630.0416get 0.0052% / 1h50m 04s$4.5M$5.3M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.24
Price spread: +0.095% → 0.000%
$9.52
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.72
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Lighter live order book, 3 min ago0.68 bp2.8 bp −$39.7 bp −$9799.0 bp −$9,897doesn't fit
Aftermath Perps: 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.

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UNI−0.0200%8h8.7965−0.242%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0192%8h8.8070−0.124%$102.6M$103.9M75xas long as short
01 Exchange UNIUSD−0.0056%1h8.8162−0.019%$44010xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.8138−0.047%$550K$125K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.8131−0.055%$79K150xas long as short
OKX UNI-USDT-SWAP+0.0008%8h8.8100−0.090%$54.2M$244.6M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8133−0.052%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.8102−0.087%$848K$3.9M10xas long as short
Aster UNIUSDT+0.0100%8h8.8126−0.060%$1.0M$3.4M50xas long as short
Pacifica UNI+0.0100%1h8.8143−0.041%$297K$559K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8090−0.101%$215.8M$593.6M75xas long as short
Arcus UNI-USD+0.0100%1h8.8210+0.035%$272K$605K10xas long as short
Gate UNI_USDT+0.0100%8h8.8080−0.112%$22.9M$58.9M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8100−0.090%$42.6M$24.4M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8080−0.112%$13.7M$13.6M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8120−0.067%$31.9M$41.0M75xas long as short
BingX UNI-USDC+0.0100%8h8.8080−0.112%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8121−0.066%$975K$2.4M10xas long as short
edgeX UNIUSDC+0.0100%4h8.8216+0.042%$166K$343K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8310+0.149%$619K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8260+0.092%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.8060−0.135%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.8146−0.038%$87K$324K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8060−0.135%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.8215+0.041%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8070−0.124%$28K$659K10xas long as short
HTX UNI-USDT+0.0100%8h8.8323+0.163%$722K$4.3M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8080−0.112%$26.5M$4.3M50xas long as short
Extended UNI-USD+0.0104%1h8.8028−0.171%$307K$1.4M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8109−0.079%$31K$1K3xas long as short
Coinbase International UNI-PERP-INTX+0.0200%1h8.8210+0.035%$1.0M$5.3M50xas long as short
dYdX UNI-USD+0.0205%1h8.8150−0.033%$244K$5K10xas long as short
BloFin UNI-USDT+0.0220%8h8.8060−0.135%$9.8M$3.3M75xas long as short
Kraken Futures PF_UNIUSD+0.0270%1h8.8132−0.053%$4.9M$7.1M50xas long as short
Reya UNIRUSDPERP+0.0359%1h8.8097−0.094%$16K20xas long as short
Hyperliquid UNI+0.0376%1h8.8221+0.048%$95.8M$59.6M10xas long as short
GMX UNI/USD [UNI-USDC]L +0.0380% / S −0.0320%1h8.8108−0.080%$552K120xas long as short
Lighter UNIshort+0.0416%1h8.8263+0.095%$4.5M$5.3M15x
Aftermath Perps UNIUSDlong+0.0484%1h8.8179long leg$1K$50K10x
Injective UNI/USDC PERP+0.2702%1h8.7900−0.316%$657$97K12xas long as short