Funding you earn now, next payment 23:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.162%
Price spread now: Bitget against Lighter−0.201%7-day average −0.144% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days−0.337%−$34 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.201%, 7d avg −0.144%
=Together, before fees−0.329%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Bitget is 0.057% cheaper against Lighter than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.144%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.337% in total (about -17.6% 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 | 8.8428 | 0.0720 | pay 0.0090% / 1h | 55m 05s | $4.5M | $5.2M | 15x |
| Short | Bitget UNIUSDT | 8.8250 | 0.0100 | get 0.0100% / 8h | 1h 55m | $32.0M | $41.7M | 75x |
Lighter UNI
Bitget UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$130.2
- Price spread: −0.201% → −0.144%
- −$5.75
- Slippage, 4 orders
- −$24.08
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$172.02
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; Bitget: 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 Lighter live order book, 3 min ago | 1.25 bp | 6.3 bp −$6 | 15.1 bp −$151 | 92.8 bp −$9,277 | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.14 bp | 12.4 bp −$12 | 18.9 bp −$189 | 39.4 bp −$3,935 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0095% | 8h | 8.8058 | −0.419% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0046% | 8h | 8.8230 | −0.224% | $100.8M | $106.4M | 75x | as long as short |
| dYdX UNI-USD | 0.0000% | 1h | 8.8172 | −0.289% | $244K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8234 | −0.219% | $562K | $157K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8226 | −0.229% | $79K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.7900 | −0.597% | $657 | $96K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0035% | 8h | 8.8230 | −0.224% | $54.5M | $246.5M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0080% | 1h | 8.8242 | −0.210% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8121 | −0.347% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8240 | −0.213% | $845K | $4.1M | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8252 | −0.199% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8183 | −0.278% | $298K | $575K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8250 | −0.201% | $216.3M | $597.6M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8220 | −0.235% | $272K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8280 | −0.167% | $22.9M | $58.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8270 | −0.179% | $42.6M | $24.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8240 | −0.213% | $13.5M | $13.9M | 75x | as long as short |
| Bitget UNIUSDTshort | +0.0100% | 8h | 8.8250 | −0.201% | $32.0M | $41.7M | 75x | |
| BingX UNI-USDC | +0.0100% | 8h | 8.8240 | −0.213% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8299 | −0.146% | $981K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7781 | −0.732% | $165K | $341K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7949 | −0.542% | $610K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7880 | −0.620% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.7880 | −0.620% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8278 | −0.170% | $86K | $349K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8170 | −0.292% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8215 | −0.241% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8212 | −0.244% | $25K | $668K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8420 | −0.009% | $725K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8250 | −0.201% | $26.5M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8138 | −0.328% | $300K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8195 | −0.263% | $31K | $1K | 3x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8240 | −0.213% | $9.8M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.8290 | −0.156% | $1.0M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0343% | 1h | 8.8305 | −0.139% | $4.9M | $7.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.8248 | −0.203% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.8232 | −0.222% | $554K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0413% | 1h | 8.8402 | −0.029% | $96.7M | $60.0M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0624% | 1h | 8.8027 | −0.454% | $1K | $50K | 10x | as long as short |
| Lighter UNIlong | +0.0720% | 1h | 8.8428 | long leg | $4.5M | $5.2M | 15x |
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
BingX UNI-USDC
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
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD