UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0280%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.126%

Price spread now: Hyperliquid against Lighter−0.024%7-day average −0.024% · you buy dearer than you sell

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

Long on Lighter Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 7 days−0.075%−$7 · spread now −0.024%, 7d avg −0.024%

Together, before fees−0.189%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 per $10,000. 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	8.8513	0.0584	pay 0.0073% / 1h	13m 39s	$4.5M	$5.4M	15x
Short	Hyperliquid UNI	8.8492	0.0304	get 0.0038% / 1h	13m 39s	$96.3M	$59.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$58.78
Price spread: −0.024% → −0.024%: $0.06
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$67.72
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 4 min ago; Hyperliquid: live order book, 10 min ago. 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, 4 min ago	1.63 bp	6.3 bp −$6	24.7 bp −$247	103.6 bp −$10.4K	doesn't fit
Sell Hyperliquid live order book, 10 min ago	0.56 bp	doesn't fit	doesn't fit	doesn't fit	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	−0.0136%	8h	8.8841	+0.371%	$4.0M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0089%	8h	8.8310	−0.229%	$100.8M	$106.3M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8962	+0.507%	$562K	$138K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8929	+0.470%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0024%	8h	8.8300	−0.241%	$54.4M	$246.4M	50x	as long as short
01 Exchange UNIUSD	+0.0032%	1h	8.8938	+0.480%	$444	—	10x	as long as short
dYdX UNI-USD	+0.0090%	1h	8.8365	−0.168%	$245K	$5K	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8313	−0.226%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8895	+0.432%	$849K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8452	−0.069%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8350	−0.184%	$299K	$563K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8330	−0.207%	$215.8M	$596.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8440	−0.082%	$273K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8330	−0.207%	$22.9M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8360	−0.173%	$42.8M	$24.8M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8360	−0.173%	$13.4M	$13.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8320	−0.218%	$32.0M	$41.6M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	8.8320	−0.218%	—	$51.3M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8605	+0.104%	$983K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8994	+0.543%	$167K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8970	+0.516%	$618K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9000	+0.550%	$84K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8920	+0.460%	$106K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8924	+0.464%	$94K	$330K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8890	+0.426%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8958	+0.503%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8900	+0.437%	$25K	$666K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9071	+0.630%	$723K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8920	+0.460%	$26.8M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8299	−0.242%	$306K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8915	+0.454%	$32K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.9020	+0.573%	$1.0M	$5.4M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8860	+0.392%	$9.8M	$3.4M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	8.8979	+0.526%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNIshort	+0.0304%	1h	8.8492	−0.024%	$96.3M	$59.8M	10x
Reya UNIRUSDPERP	+0.0360%	1h	8.8892	+0.428%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8923	+0.463%	$558K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0546%	1h	8.9033	+0.587%	$1K	$50K	10x	as long as short
Lighter UNIlong	+0.0584%	1h	8.8513	long leg	$4.5M	$5.4M	15x
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.693%	$657	$97K	12x	as long as short