Funding you earn now, next payment 22:00 UTC−0.0516%/8h= −56.5% APRpaid last 24h −0.156%
Price spread now: Gate against Lighter−0.170%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.368%−$37 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.170%, 7d avg −0.120%
=Together, before fees−0.354%+ Points / potential airdropLighter: Season 3 · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Gate is 0.050% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.120%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.8250 | 0.0616 | pay 0.0077% / 1h | 58m 26s | $4.5M | $5.3M | 15x |
| Short | Gate UNI_USDT | 8.8100 | 0.0100 | get 0.0100% / 8h | 2h 58m | $22.8M | $58.8M | 75x |
Lighter UNI
Gate UNI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$108.36
- Price spread: −0.170% → −0.120%
- −$5
- Slippage, 4 orders
- −$23.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$152.27
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago | 2.27 bp | 6.9 bp −$7 | 22.1 bp −$221 | 100.6 bp −$10.1K | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.57 bp | 13.7 bp −$14 | 22.3 bp −$223 | 45.0 bp −$4,503 | 68.4 bp −$34.2K |
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 | −0.0199% | 8h | 8.8256 | +0.007% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0192% | 8h | 8.8030 | −0.249% | $102.6M | $105.4M | 75x | as long as short |
| dYdX UNI-USD | 0.0000% | 1h | 8.8120 | −0.147% | $244K | $5K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8203 | −0.054% | $551K | $129K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8100 | −0.170% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0011% | 8h | 8.8050 | −0.227% | $54.2M | $246.7M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.8120 | −0.147% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8070 | −0.204% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8070 | −0.204% | $849K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8150 | −0.114% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-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 | 8.8100 | −0.170% | $297K | $559K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8062 | −0.213% | $215.8M | $599.8M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8170 | −0.091% | $272K | $605K | 10x | as long as short |
| Gate UNI_USDTshort | +0.0100% | 8h | 8.8100 | −0.170% | $22.8M | $58.8M | 75x | |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8070 | −0.204% | $42.8M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8080 | −0.193% | $13.7M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8060 | −0.215% | $31.9M | $41.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8070 | −0.204% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8097 | −0.173% | $975K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7993 | −0.291% | $165K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8010 | −0.272% | $621K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | −0.238% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8170 | −0.091% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8106 | −0.163% | $88K | $336K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8120 | −0.147% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8254 | +0.005% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8120 | −0.147% | $28K | $672K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8296 | +0.052% | $700K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8150 | −0.113% | $26.6M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8045 | −0.232% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8165 | −0.096% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8320 | +0.079% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8120 | −0.147% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8192 | −0.065% | $4.9M | $7.3M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8066 | −0.209% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0320% | 1h | 8.8174 | −0.086% | $553K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0448% | 1h | 8.8223 | −0.031% | $95.9M | $60.4M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0521% | 1h | 8.8145 | −0.119% | $1K | $51K | 10x | as long as short |
| Lighter UNIlong | +0.0616% | 1h | 8.8250 | long leg | $4.5M | $5.3M | 15x | |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.397% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
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
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Injective UNI/USDC PERP