Funding you earn now, next payment 22:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.167%
Price spread now: Binance against Lighter−0.189%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.189%, 7d avg −0.102%
=Together, before fees−0.297%+ Points / potential airdropLighter: Season 3 · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.087% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.8497 | 0.0448 | pay 0.0056% / 1h | 46m 32s | $4.5M | $5.3M | 15x |
| Short | Binance UNIUSDT | 8.8330 | 0.0100 | get 0.0100% / 8h | 2h 46m | $216.4M | $592.9M | 75x |
Lighter UNI
Binance UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$73.08
- Price spread: −0.189% → −0.102%
- −$8.72
- Slippage, 4 orders
- −$16.71
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.5
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Binance: live order book, 12 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 Lighter live order book, 7 min ago | 0.68 bp | 9.7 bp −$10 | 23.8 bp −$238 | 109.7 bp −$11.0K | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.57 bp | 6.9 bp −$7 | 12.2 bp −$122 | 44.9 bp −$4,487 | 158.6 bp −$79.3K |
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 | −0.0200% | 8h | 8.7965 | −0.601% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0185% | 8h | 8.8290 | −0.234% | $102.8M | $103.8M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0040% | 1h | 8.8380 | −0.132% | $441 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8400 | −0.110% | $552K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8386 | −0.125% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0007% | 8h | 8.8320 | −0.200% | $54.4M | $244.9M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8342 | −0.175% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8315 | −0.206% | $849K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8350 | −0.166% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8340 | −0.177% | $296K | $559K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
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 UNIUSDTshort | +0.0100% | 8h | 8.8330 | −0.189% | $216.4M | $592.9M | 75x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.8420 | −0.087% | $273K | $610K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8350 | −0.166% | $22.9M | $58.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8330 | −0.189% | $42.8M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8300 | −0.223% | $13.8M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8320 | −0.200% | $31.9M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8350 | −0.166% | — | $49.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8299 | −0.224% | $976K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8078 | −0.474% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8080 | −0.472% | $613K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8070 | −0.483% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8170 | −0.370% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8355 | −0.160% | $87K | $324K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8340 | −0.177% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8385 | −0.127% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8290 | −0.234% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8493 | −0.005% | $723K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8340 | −0.177% | $26.6M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8307 | −0.214% | $299K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8342 | −0.175% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0142% | 1h | 8.8350 | −0.166% | $245K | $5K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8390 | −0.121% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8250 | −0.279% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 8.8370 | −0.144% | $4.9M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0346% | 1h | 8.8414 | −0.094% | $96.0M | $59.7M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8327 | −0.193% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8377 | −0.135% | $554K | — | 120x | as long as short |
| Lighter UNIlong | +0.0448% | 1h | 8.8497 | long leg | $4.5M | $5.3M | 15x | |
| Aftermath Perps UNIUSD | +0.0469% | 1h | 8.8203 | −0.332% | $1K | $50K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.675% | $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