Funding you earn now, next payment 00:00 UTC+0.0820%/8h= +89.8% APRpaid last 24h +0.175%
Price spread now: Lighter against Bitget+0.269%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$350.347% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 7 days−0.083%−$8 · spread now +0.269%, 7d avg +0.145%
=Together, before fees+0.268%+ Points / potential airdropLighter: Season 3 · farm board+$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Lighter is 0.124% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.145%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.351% in total (about 18.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UNIUSDT | 8.9590 | 0.0100 | pay 0.0100% / 8h | 9m 53s | $32.7M | $42.0M | 75x |
| Short | Lighter UNI | 8.9831 | 0.0920 | get 0.0115% / 1h | 9m 53s | $4.6M | $5.3M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $172.2
- Price spread: +0.269% → +0.145%
- $12.4
- Slippage, 4 orders
- −$22.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $149.94
- Costs to cover
- 0.347%
- Break-even
- 0.9 days
Slippage from Bitget: live order book, 4 min ago; Lighter: live order book, 8 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 Bitget live order book, 4 min ago | 1.11 bp | 10.7 bp −$11 | 17.7 bp −$177 | 35.2 bp −$3,517 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.05 bp | 1.1 bp −$1 | 10.4 bp −$104 | 94.1 bp −$9,411 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −1.440% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9645 | +0.061% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0082% | 8h | 8.9422 | −0.187% | $4.1M | $4.4M | — | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0086% | 1h | 8.9685 | +0.106% | $577K | $177K | 50x | as long as short |
| OKX UNI-USDT-SWAP | +0.0086% | 8h | 8.9610 | +0.022% | $54.8M | $249.0M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9642 | +0.059% | $956K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9688 | +0.109% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9644 | +0.060% | $297K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9653 | +0.070% | $222.0M | $591.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9610 | +0.022% | $101.4M | $105.3M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9820 | +0.257% | $270K | $614K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9610 | +0.022% | $22.8M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9660 | +0.078% | $43.7M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9650 | +0.067% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDTlong | +0.0100% | 8h | 8.9590 | long leg | $32.7M | $42.0M | 75x | |
| BingX UNI-USDC | +0.0100% | 8h | 8.9630 | +0.045% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9691 | +0.113% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9828 | +0.265% | $169K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9580 | −0.011% | $630K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9890 | +0.335% | $88K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9520 | −0.078% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9742 | +0.170% | $85K | $366K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9630 | +0.045% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9780 | +0.212% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9633 | +0.048% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9860 | +0.301% | $719K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9610 | +0.022% | $27.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9670 | +0.089% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9598 | +0.008% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9657 | +0.075% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0168% | 1h | 8.9776 | +0.208% | $448 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | −0.123% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9720 | +0.145% | $1.1M | $5.4M | 50x | as long as short |
| dYdX UNI-USD | +0.0318% | 1h | 8.9627 | +0.042% | $248K | $6K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9616 | +0.029% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0323% | 1h | 8.9617 | +0.030% | $567K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0469% | 1h | 8.9728 | +0.154% | $98.3M | $59.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0564% | 1h | 8.9680 | +0.100% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0864% | 1h | 8.9773 | +0.204% | $1K | $49K | 10x | as long as short |
| Lighter UNIshort | +0.0920% | 1h | 8.9831 | +0.269% | $4.6M | $5.3M | 15x |
Bitget UNIUSDT
Lighter UNI
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
Deribit UNI_USDC-PERPETUAL
OKX UNI-USDT-SWAP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
01 Exchange UNIUSD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD