Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.175%
Price spread now: Lighter against KuCoin+0.143%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days+0.375%+$37 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now +0.143%, 7d avg +0.116%
=Together, before fees+0.233%+ Points / potential airdropLighter: Season 3 · farm board+$23 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 0.027% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UNIUSDTM | 8.8880 | 0.0100 | pay 0.0100% / 8h | 38m 50s | $13.0M | $13.3M | 75x |
| Short | Lighter UNI | 8.9007 | 0.0096 | get 0.0012% / 1h | 38m 50s | $4.5M | $5.5M | 15x |
KuCoin UNIUSDTM
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$0.84
- Price spread: +0.143% → +0.116%
- $2.68
- Slippage, 4 orders
- −$30.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.08
- Costs to cover
- 0.429%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 1.68 bp | 19.3 bp −$19 | 28.6 bp −$286 | 66.3 bp −$6,627 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.95 bp | 4.6 bp −$5 | 15.6 bp −$156 | 108.5 bp −$10.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0306% | 1h | 8.8930 | +0.056% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0024% | 1h | 8.8869 | −0.012% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8877 | −0.004% | $49K | — | 150x | as long as short |
| Nado UNI-PERP | +0.0025% | 1h | 8.8875 | −0.006% | $731K | $4.7M | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.653% | $660 | $153K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0057% | 1h | 8.8939 | +0.066% | $586K | $250K | 50x | as long as short |
| Polymarket Perps UNI-USD | +0.0073% | 1h | 8.8906 | +0.029% | $106K | $616K | 10x | as long as short |
| Lighter UNIshort | +0.0096% | 1h | 8.9007 | +0.143% | $4.5M | $5.5M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8814 | −0.074% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8963 | +0.094% | $94.6M | $67.5M | 10x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Nado UNI-PERP
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Polymarket Perps UNI-USD
Paradex UNI-USD-PERP
Hyperliquid UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8919 | +0.044% | $728K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8890 | +0.011% | $287K | $600K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8900 | +0.023% | $214.9M | $657.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8860 | −0.023% | $98.5M | $111.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8880 | 0.000% | $54.3M | $264.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8950 | +0.079% | $317K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8850 | −0.034% | $25.5M | $65.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8860 | −0.023% | $48.4M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTMlong | +0.0100% | 8h | 8.8880 | long leg | $13.0M | $13.3M | 75x | |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8820 | −0.068% | $32.5M | $45.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8870 | −0.011% | — | $57.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8919 | +0.044% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9018 | +0.155% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9058 | +0.201% | $169K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9001 | +0.136% | $617K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9110 | +0.259% | $90K | $711K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9100 | +0.248% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8880 | 0.000% | $16K | $2.1M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8878 | −0.002% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8876 | −0.005% | $32K | $889K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9037 | +0.177% | $700K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8880 | 0.000% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8806 | −0.083% | $288K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8851 | −0.032% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8950 | +0.079% | $926K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8900 | +0.023% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0380% | 1h | 8.8892 | +0.013% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8907 | +0.030% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0428% | 1h | 8.9034 | +0.174% | $985 | $53K | 10x | as long as short |
| dYdX UNI-USD | +0.0602% | 1h | 8.8863 | −0.019% | $234K | $30K | 10x | as long as short |
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
dYdX UNI-USD