Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against Injective+1.062%7-day average +0.115% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.807%+$81 on $10k
+Price spread, last 4 days (all we have)−1.048%−$105 · spread now +1.062%, 7d avg +0.115%
=Together, before fees−0.241%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.947% dearer against Injective than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of +0.115%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective UNI/USDC PERP | 8.8300 | 0.0033 | pay 0.0004% / 1h | 38m 57s | $660 | $153K | 12x |
| Short | Lighter UNI | 8.9238 | 0.0096 | get 0.0012% / 1h | 38m 57s | $4.5M | $5.6M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. 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
- $13.16
- Price spread: +1.062% → +0.115%
- $94.71
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $107.85
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 4 min ago | 7.38 bp | 8.5 bp −$9 | 18.3 bp −$183 | 105.5 bp −$10.6K | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps UNI-USD | −0.0169% | 1h | 8.9047 | +0.846% | $107K | $607K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.9128 | +0.938% | $4.7M | $8.7M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9119 | +0.927% | $587K | $250K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9078 | +0.881% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERPlong | +0.0033% | 1h | 8.8300 | long leg | $660 | $153K | 12x | |
| 01 Exchange UNIUSD | +0.0040% | 1h | 8.9070 | +0.872% | $444 | $5 | 10x | as long as short |
| Lighter UNIshort | +0.0096% | 1h | 8.9238 | +1.062% | $4.5M | $5.6M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9072 | +0.874% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9060 | +0.861% | $755K | $4.7M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9134 | +0.944% | $735K | $3.6M | 50x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9095 | +0.901% | $285K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9100 | +0.906% | $215.3M | $659.6M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9070 | +0.872% | $98.9M | $112.2M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9080 | +0.883% | $54.2M | $265.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9160 | +0.974% | $318K | $704K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9080 | +0.883% | $24.9M | $66.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9070 | +0.872% | $49.0M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9110 | +0.917% | $13.0M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9060 | +0.861% | $32.7M | $45.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9090 | +0.895% | — | $57.4M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9189 | +1.007% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9164 | +0.979% | $169K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9245 | +1.071% | $630K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9250 | +1.076% | $90K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9220 | +1.042% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9070 | +0.872% | $16K | $1.8M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9135 | +0.946% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9090 | +0.895% | $32K | $887K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9294 | +1.126% | $698K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9160 | +0.974% | $26.9M | $4.5M | 50x | as long as short |
| dYdX UNI-USD | +0.0102% | 1h | 8.9095 | +0.900% | $235K | $31K | 10x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9048 | +0.847% | $297K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9076 | +0.879% | $32K | — | 3x | as long as short |
| Backpack UNI_USDC_PERP | +0.0108% | 1h | 8.9148 | +0.960% | $1.1M | $2.4M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.9150 | +0.963% | $930K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9110 | +0.917% | $10.1M | $3.6M | 75x | as long as short |
| Hyperliquid UNI | +0.0372% | 1h | 8.9182 | +0.999% | $94.8M | $67.4M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0378% | 1h | 8.9048 | +0.847% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9126 | +0.936% | $634K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0538% | 1h | 8.9416 | +1.264% | $1K | $53K | 10x | as long as short |
Injective UNI/USDC PERP
Lighter UNI
Polymarket Perps UNI-USD
Kraken Futures PF_UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Backpack UNI_USDC_PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Hyperliquid UNI
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD