UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.192%

Price spread now: Lighter against ApeX Omni−0.062%78s7-day average +0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.374% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.320%+$32 on $10k

Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.062%, 7d avg +0.093%

Together, before fees+0.578%+ Points / potential airdropLighter: Season 3 · farm board+$58 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.155% cheaper against ApeX Omni than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.093%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni UNIUSDT	8.8820	0.0100	pay 0.0013% / 1h	9m 53s	$91K	$701K	50x
Short	Lighter UNI	8.8765	0.0096	get 0.0012% / 1h	9m 53s	$4.5M	$5.9M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee LighterbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$0.84
Price spread: −0.062% → +0.093%: −$15.51
Slippage, 4 orders: −$27.41
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$53.75
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 44 min ago; Lighter: live order book, 3 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 ApeX Omni live order book, 44 min ago	6.08 bp	13.8 bp −$14	100.4 bp −$1,004	doesn't fit	doesn't fit
Sell Lighter live order book, 3 min ago	1.24 bp	3.9 bp −$4	15.6 bp −$156	109.8 bp −$11.0K	doesn't fit

UNI on 40 venues

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
01 Exchange UNIUSD	−0.0008%	1h	8.8656	−0.185%	$442	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.8630	−0.214%	$48K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0014%	1h	8.8659	−0.181%	$568K	$208K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−0.585%	$660	$154K	12x	as long as short
Lighter UNIshort	+0.0096%	1h	8.8765	−0.062%	$4.5M	$5.9M	15x
Paradex UNI-USD-PERP	+0.0100%	8h	8.8590	−0.260%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8625	−0.220%	$861K	$4.5M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.8711	−0.122%	$94.0M	$65.1M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8710	−0.124%	$774K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8645	−0.197%	$286K	$612K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	8.8692	−0.144%	$217.3M	$651.4M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.8660	−0.180%	$99.3M	$111.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.8700	−0.135%	$53.8M	$260.5M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8720	−0.113%	$318K	$666K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8640	−0.203%	$23.3M	$65.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8700	−0.135%	$47.1M	$26.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8700	−0.135%	$13.1M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8670	−0.169%	$32.6M	$46.1M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8690	−0.146%	—	$56.8M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8684	−0.153%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.8419	−0.452%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8810	−0.011%	$168K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8650	−0.191%	$616K	$2.8M	10x	as long as short
ApeX Omni UNIUSDTlong	+0.0100%	1h	8.8820	long leg	$91K	$701K	50x
StandX UNI-USD	+0.0100%	1h	8.8580	−0.270%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8672	−0.167%	$84K	$458K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8600	−0.248%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8682	−0.155%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8624	−0.221%	$31K	$816K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8683	−0.154%	$700K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8690	−0.146%	$26.8M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8656	−0.185%	$284K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8630	−0.214%	$31K	—	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0216%	1h	8.8650	−0.191%	$918K	$5.8M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8560	−0.293%	$10.1M	$3.6M	75x	as long as short
dYdX UNI-USD	+0.0240%	1h	8.8660	−0.180%	$233K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0274%	1h	8.8691	−0.145%	$4.8M	$8.2M	50x	as long as short
Reya UNIRUSDPERP	+0.0375%	1h	8.8625	−0.219%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	8.8635	−0.208%	$631K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0726%	1h	8.8942	+0.138%	$892	$45K	10x	as long as short