UNI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_UNIUSD	6.4411	+0.0898	pay 0.0112% / 1h	51m 15s	$3.2M	$8.4M	50x	Long Kraken Futures
SHORT	Lighter RHUNI	6.4463	+0.0096	get 0.0012% / 1h	51m 15s	$238K	$490K	15x	Short Lighter RH+10% pts

Price gap+0.081%

Funding gap−0.0802% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $24 a day and eats that in about 6 hours. At the last 7 days' pace that is about 23 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$2−0.0802% /8h now · paid −0.018% over the last 7D

Price+$7spread +0.081% now, avg +0.016% → +0.065% if it goes back

Costs−$420.416% of $10k · taker + slippage, in and out

Result−$37−0.37%+ Points / potential airdropLighter RH: Points live · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.018% in total, about −0.0010%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.081%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

UNI on 46 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size15.5 / 8.6 bp
At $10k entering Kraken Futures costs 15.5 bp, fee and slippage, 1.8× Lighter RH’s.
Note: Margin at max leverage$200 + $666
Kraken Futures 50x, Lighter RH 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$24.07Long Kraken Futures: 24 payments, −$26.95; short Lighter RH: 24 payments, +$2.88.
OK: Entry gap works for you+0.081% vs +0.016%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$238K vs $3.2M OI
Lighter RH sets your exit cost. Check its book before closing.
OK: Points on a legLighter RH Points live
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · Lighter RH No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0010%/8h × 21 periods−$2.00

Price spread+0.081% → +0.016% (7d avg)+$6.52

Slippage, 4 orderslive order books−$31.59

Fee Kraken Futures bp × 2 orders−$10.00

Fee Lighter RH bp × 2 orders$0.00

Net · 7 days · $10k−$37.08

Costs to cover0.416%Break-evennever at this rate

Slippage: Kraken Futures: live order book, 2 min ago; Lighter RH: live order book, 40 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures3.8915.5 bp−$1630.0 bp−$30074.1 bp−$7,414doesn’t fit

SELL · SHORTLighter RH8.588.6 bp−$926.6 bp−$266doesn’t fitdoesn’t fit

Closing costs about the same again.

UNI news

posts that mention UNI, from every exchangeSearch all news →

10-28 12:02	Bitget	Token	Bitget PoolX is listing Bitget BTC $BGBTC! Lock $BGBTC to share 7,100 UNI airdrop Details. @bitget on X ↗
10-23 14:30	Lighter RH	Listing	new market UNI ($UNI) seen by our collector
10-23 09:05	Reya	Listing	new market UNIRUSDPERP ($UNI) seen by our collector
10-19 17:41	Phoenix	Listing	JUST IN: $UNI is listed as the first DeFi protocol with futures on @CMEGroup. @PhoenixTrade on X ↗
10-13 10:00	HTX	Contest	Trade 15 Hot Cryptos, Share $150,000! HTX Spot Hot Token Challenge goes live. Climb the leaderboard, grab exclusive new user perks, and enjoy volume boosts with 3x rewards. Eligible Assets: BTC, ETH, XMR, SOL, LTC, TRX, XRP, DOGE, BTW, ZEC, ADA, UNI, GRAM, FIL, SUI! Register Now >> @HTX_Global on X ↗
10-02 15:40	Perpl	Listing	You can now trade $UNI with up to 3x leverage @perpltrade on X ↗

UNI