Funding you earn now, next payment 22:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.167%
Price spread now: Lighter against Binance+0.214%7-day average +0.102% · 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−$12as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 7 days+0.327%+$33 on $10k
+Price spread, last 7 days−0.056%−$6 · spread now +0.214%, 7d avg +0.102%
=Together, before fees+0.271%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.113% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UNIUSDT | 8.8662 | 0.0100 | pay 0.0100% / 8h | 2h 43m | $217.2M | $593.0M | 75x |
| Short | Lighter UNI | 8.8852 | 0.0480 | get 0.0060% / 1h | 43m 43s | $4.5M | $5.4M | 15x |
Binance UNIUSDT
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $79.8
- Price spread: +0.214% → +0.102%
- $11.26
- Slippage, 4 orders
- −$13.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $67.65
- Costs to cover
- 0.234%
- Break-even
- 1.1 days
Slippage from Binance: live order book, 15 min ago; Lighter: live order book, 4 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 Binance live order book, 15 min ago | 0.57 bp | 7.3 bp −$7 | 13.0 bp −$130 | 42.7 bp −$4,273 | 169.7 bp −$84.8K |
| Sell Lighter live order book, 4 min ago | 0.79 bp | 2.4 bp −$2 | 8.9 bp −$89 | 106.8 bp −$10.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0198% | 8h | 8.8235 | −0.481% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0179% | 8h | 8.8620 | −0.048% | $102.5M | $104.3M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0040% | 1h | 8.8489 | −0.195% | $442 | — | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8680 | +0.020% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0006% | 8h | 8.8630 | −0.036% | $54.6M | $246.0M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0052% | 1h | 8.8699 | +0.041% | $554K | $125K | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8632 | −0.034% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8420 | −0.273% | $849K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8780 | +0.133% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8693 | +0.034% | $298K | $559K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDTlong | +0.0100% | 8h | 8.8662 | long leg | $217.2M | $593.0M | 75x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.8720 | +0.065% | $274K | $610K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8720 | +0.065% | $23.0M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8660 | −0.002% | $42.9M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8690 | +0.031% | $13.8M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8620 | −0.048% | $32.0M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8670 | +0.009% | — | $49.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8632 | −0.034% | $980K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8274 | −0.438% | $166K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8268 | −0.445% | $614K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8350 | −0.352% | $83K | $711K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8370 | −0.330% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8464 | −0.224% | $87K | $324K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8610 | −0.059% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8674 | +0.013% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8578 | −0.095% | $25K | $661K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8663 | +0.001% | $724K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8600 | −0.070% | $26.7M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8684 | +0.025% | $300K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8640 | −0.025% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0115% | 1h | 8.8717 | +0.062% | $246K | $5K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8640 | −0.025% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8310 | −0.397% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 8.8670 | +0.009% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0354% | 1h | 8.8856 | +0.219% | $96.6M | $59.8M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8518 | −0.162% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8675 | +0.014% | $555K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0463% | 1h | 8.8308 | −0.400% | $1K | $50K | 10x | as long as short |
| Lighter UNIshort | +0.0480% | 1h | 8.8852 | +0.214% | $4.5M | $5.4M | 15x | |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.860% | $657 | $97K | 12x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Injective UNI/USDC PERP