Funding you earn now, next payment 00:00 UTC−0.0812%/8h= −88.9% APRpaid last 24h −0.175%
Price spread now: BingX against Lighter−0.229%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 7 days+0.032%+$3 · spread now −0.229%, 7d avg −0.132%
=Together, before fees−0.352%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and BingX is 0.096% cheaper against Lighter than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.132%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% 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 | Lighter UNI | 8.9665 | 0.0912 | pay 0.0114% / 1h | 7m 16s | $4.6M | $5.3M | 15x |
| Short | BingX UNI-USDC | 8.9460 | 0.0100 | get 0.0100% / 8h | 7m 16s | — | $6.5M | — |
Lighter UNI
BingX UNI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$170.52
- Price spread: −0.229% → −0.132%
- −$9.64
- Slippage, 4 orders
- −$31.36
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$221.52
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; BingX: live order book, 3 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, 6 min ago | 1.84 bp | 10.0 bp −$10 | 23.9 bp −$239 | 105.9 bp −$10.6K | doesn't fit |
| Sell BingX live order book, 3 min ago | 1.67 bp | 15.7 bp −$16 | 32.5 bp −$325 | 84.4 bp −$8,441 | 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 | −1.522% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9484 | −0.202% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0082% | 8h | 8.9422 | −0.271% | $4.1M | $4.4M | — | as long as short |
| OKX UNI-USDT-SWAP | +0.0086% | 8h | 8.9480 | −0.206% | $54.7M | $248.7M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9380 | −0.318% | $953K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9542 | −0.137% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9530 | −0.151% | $296K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9527 | −0.154% | $221.6M | $591.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9490 | −0.195% | $101.2M | $105.3M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9580 | −0.095% | $269K | $614K | 10x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 8.9460 | −0.229% | $22.8M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9550 | −0.128% | $43.8M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9490 | −0.195% | $13.7M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9440 | −0.251% | $32.7M | $42.0M | 75x | as long as short |
| BingX UNI-USDCshort | +0.0100% | 8h | 8.9460 | −0.229% | — | $6.5M | — | |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9733 | +0.076% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9644 | −0.024% | $169K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9730 | +0.073% | $624K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9680 | +0.017% | $88K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9690 | +0.028% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9454 | −0.235% | $84K | $366K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9460 | −0.229% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9539 | −0.141% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9485 | −0.201% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9725 | +0.067% | $718K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9480 | −0.206% | $27.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9457 | −0.232% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9435 | −0.256% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9490 | −0.195% | $32K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0114% | 1h | 8.9518 | −0.164% | $576K | $177K | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0168% | 1h | 8.9453 | −0.236% | $446 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | −0.206% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9680 | +0.017% | $1.1M | $5.4M | 50x | as long as short |
| dYdX UNI-USD | +0.0300% | 1h | 8.9536 | −0.144% | $248K | $6K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9422 | −0.271% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0323% | 1h | 8.9472 | −0.215% | $566K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0451% | 1h | 8.9504 | −0.180% | $97.9M | $59.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0565% | 1h | 8.9532 | −0.149% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0876% | 1h | 8.9706 | +0.045% | $1K | $49K | 10x | as long as short |
| Lighter UNIlong | +0.0912% | 1h | 8.9665 | long leg | $4.6M | $5.3M | 15x |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
01 Exchange UNIUSD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD