Funding you earn now, next payment 06:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h −0.162%
Price spread now: dYdX against Lighter−0.120%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2452.448% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.120%, 7d avg −0.149%
=Together, before fees−0.116%+ Points / potential airdropLighter: Season 3 · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.029% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.149%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.9790 | 0.0096 | pay 0.0012% / 1h | 16m 37s | $4.5M | $5.6M | 15x |
| Short | dYdX UNI-USD | 8.9682 | 0.0171 | get 0.0021% / 1h | 16m 37s | $236K | $31K | 10x |
Lighter UNI
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $15.7
- Price spread: −0.120% → −0.149%
- $2.91
- Slippage, 4 orders
- −$234.79
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$226.18
- Costs to cover
- 2.448%
- Break-even
- 107.8 days
Slippage from Lighter: live order book, 6 min ago; dYdX: live order book, 32 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 | 6.48 bp | 8.9 bp −$9 | 16.3 bp −$163 | 79.7 bp −$7,967 | doesn't fit |
| Sell dYdX live order book, 32 min ago | 109.64 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 151.9 bp −$15.2K | 469.4 bp −$234.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0057% | 1h | 8.9520 | −0.301% | $822K | $4.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.9509 | −0.313% | $4.8M | $8.5M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.9736 | −0.060% | $448 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9398 | −0.436% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.659% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0091% | 1h | 8.9442 | −0.388% | $100K | $552K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0093% | 1h | 8.9489 | −0.336% | $573K | $202K | 50x | as long as short |
| Lighter UNIlong | +0.0096% | 1h | 8.9790 | long leg | $4.5M | $5.6M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9644 | −0.163% | $26K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9694 | −0.107% | $744K | $3.6M | 50x | as long as short |
Nado UNI-PERP
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9678 | −0.125% | $287K | $612K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9680 | −0.123% | $218.9M | $658.0M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9570 | −0.245% | $100.1M | $111.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9570 | −0.245% | $54.7M | $266.1M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9810 | +0.022% | $320K | $703K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9660 | −0.145% | $24.5M | $66.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9620 | −0.189% | $49.4M | $27.2M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9650 | −0.156% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9640 | −0.167% | $33.1M | $45.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9660 | −0.145% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9575 | −0.239% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8719 | −1.192% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8793 | −1.111% | $168K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9630 | −0.178% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9610 | −0.200% | $90K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9840 | +0.056% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9420 | −0.412% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9500 | −0.323% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9494 | −0.330% | $32K | $865K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9682 | −0.120% | $713K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9540 | −0.278% | $27.0M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9626 | −0.183% | $301K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9500 | −0.323% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0150% | 1h | 8.9707 | −0.092% | $95.4M | $66.1M | 10x | as long as short |
| dYdX UNI-USDshort | +0.0171% | 1h | 8.9682 | −0.120% | $236K | $31K | 10x | |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.9520 | −0.301% | $942K | $5.6M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9520 | −0.301% | $10.1M | $3.7M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.9438 | −0.392% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9401 | −0.433% | $636K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0478% | 1h | 8.9128 | −0.737% | $1K | $54K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
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
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD