UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h −0.104%

Price spread now: GMX against Lighter+0.032%7-day average −0.130% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.197%−$20 on $10k

Price spread, last 4 days (all we have)−0.170%−$17 · spread now +0.032%, 7d avg −0.130%

Together, before fees−0.367%+ Points / potential airdropLighter: Season 3 · farm board−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and GMX is 0.161% dearer against Lighter than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.130%. Mind the row above: over the last 3 days funding on this pair cost −0.197%, 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	9.0682	0.0232	pay 0.0029% / 1h	47m 34s	$4.6M	$5.8M	15x
Short	GMX UNI/USD [UNI-USDC]	9.0711	L +0.0381% / S −0.0244%	get 0.0030% / 1h	47m 34s	$646K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee GMXbpOrdersPrice spread, now +0.032%Rate

Funding earned: $2.5
Price spread: +0.032% → −0.130%: $16.14
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $6.64
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Lighter: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.

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	0.60 bp	8.7 bp −$9	16.5 bp −$165	95.6 bp −$9,557	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0707	+0.028%	$37K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0010%	1h	9.0669	−0.014%	$581K	$193K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.627%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.0837	+0.171%	$453	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0800	+0.130%	$923K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0618	−0.071%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0620	−0.068%	$294K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0769	+0.096%	$224.8M	$629.8M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0680	−0.002%	$101.7M	$110.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0820	+0.152%	$55.6M	$258.0M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0670	−0.013%	$287K	$613K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0700	+0.020%	$23.5M	$62.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0640	−0.046%	$48.4M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0550	−0.146%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0690	+0.009%	$33.5M	$44.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0720	+0.042%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0673	−0.010%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0589	−0.102%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0557	−0.137%	$171K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0473	−0.230%	$627K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0570	−0.124%	$88K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0790	+0.119%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0777	+0.105%	$87K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0640	−0.046%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0707	+0.028%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0560	−0.135%	$22K	$782K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.086%	$714K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0640	−0.046%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0584	−0.108%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0681	−0.001%	$297K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0543	−0.153%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0121%	1h	9.0604	−0.086%	$239K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0280	−0.443%	$10.3M	$3.5M	75x	as long as short
Lighter UNIlong	+0.0232%	1h	9.0682	long leg	$4.6M	$5.8M	15x
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0760	+0.086%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0603	−0.087%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0671	−0.012%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0381% / S −0.0244%	1h	9.0711	+0.032%	$646K	—	120x
Hyperliquid UNI	+0.0434%	1h	9.0676	−0.007%	$98.4M	$61.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.1070%	1h	9.0909	+0.251%	$873	$47K	10x	as long as short