UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0367%/8h= −40.2% APRnext payment −$0.46 per $10,000 · paid last 24h −0.032%

Price spread now: Injective against Lighter−3.135%7-day average −0.011% · you buy dearer than you sell

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

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.832%−$83 on $10k

Price spread, last 4 days (all we have)+3.074%+$307 · spread now −3.135%, 7d avg −0.011%

Together, before fees+2.243%+ Points / potential airdropLighter: Season 3 · farm board+$224 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Injective is 3.125% cheaper against Lighter than usual: you would sell low and buy high (−$312 if the spread goes back to its 7-day average of −0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	9.1158	0.0400	pay 0.0050% / 1h	52m 25s	$4.6M	$5.8M	15x
Short	Injective UNI/USDC PERP	8.8300	0.0033	get 0.0004% / 1h	52m 25s	$660	$154K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpOrdersPrice spread, now −3.135%Rate

Funding earned: −$77
Price spread: −3.135% → −0.011%: −$312.46
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$389.48
Costs to cover: 0.000%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 6 min ago; Injective: 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	1.54 bp	5.1 bp −$5	14.5 bp −$145	89.6 bp −$8,962	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	9.0876	−0.309%	$37K	—	150x	as long as short
Injective UNI/USDC PERPshort	+0.0033%	1h	8.8300	−3.135%	$660	$154K	12x
01 Exchange UNIUSD	+0.0056%	1h	9.1033	−0.137%	$454	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1027	−0.143%	$913K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1090	−0.075%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1071	−0.095%	$297K	$589K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0880	−0.305%	$224.9M	$625.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0820	−0.371%	$102.0M	$110.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0840	−0.349%	$55.8M	$257.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1110	−0.053%	$289K	$613K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1070	−0.097%	$23.1M	$62.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1130	−0.031%	$48.8M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1130	−0.031%	$13.7M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0800	−0.393%	$33.4M	$43.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0900	−0.283%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1293	+0.148%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1490	+0.364%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1329	+0.188%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1208	+0.055%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0950	−0.228%	$89K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1110	−0.053%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1131	−0.030%	$87K	$421K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0830	−0.360%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1196	+0.042%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1201	+0.047%	$22K	$781K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1300	+0.156%	$717K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1210	+0.057%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0101%	8h	9.1026	−0.145%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0965	−0.211%	$301K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0825	−0.365%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0161%	1h	9.1055	−0.114%	$240K	$30K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0172%	1h	9.1218	+0.066%	$584K	$193K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1200	+0.046%	$10.4M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.1340	+0.200%	$1.1M	$5.4M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.1254	+0.106%	$5.1M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1107	−0.056%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0867	−0.319%	$647K	—	120x	as long as short
Lighter UNIlong	+0.0400%	1h	9.1158	long leg	$4.6M	$5.8M	15x
Hyperliquid UNI	+0.0544%	1h	9.1242	+0.092%	$99.2M	$61.4M	10x	as long as short
Aftermath Perps UNIUSD	+0.1014%	1h	9.1233	+0.083%	$1K	$46K	10x	as long as short