Funding you earn now, next payment 07:00 UTC−0.0113%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.142%
Price spread now: Kraken Futures against Lighter−0.098%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.390% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.185%+$19 · spread now −0.098%, 7d avg −0.101%
=Together, before fees+0.036%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.9412 | 0.0096 | pay 0.0012% / 1h | 32m 55s | $4.5M | $5.6M | 15x |
| Short | Kraken Futures PF_UNIUSD | 8.9325 | −0.0017 | pay 0.0002% / 1h | 32m 55s | $4.7M | $8.7M | 50x |
Lighter UNI
Kraken Futures PF_UNIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$23.71
- Price spread: −0.098% → −0.101%
- $0.28
- Slippage, 4 orders
- −$29.01
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$62.45
- Costs to cover
- 0.390%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Kraken Futures: live order book, 1 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 | 1.91 bp | 6.1 bp −$6 | 12.0 bp −$120 | 83.8 bp −$8,376 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 3.91 bp | 16.9 bp −$17 | 23.7 bp −$237 | 44.5 bp −$4,452 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps UNI-USD | −0.0168% | 1h | 8.9375 | −0.041% | $108K | $617K | 10x | as long as short |
| Kraken Futures PF_UNIUSDshort | −0.0017% | 1h | 8.9325 | −0.098% | $4.7M | $8.7M | 50x | |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.9381 | −0.035% | $446 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9308 | −0.116% | $49K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0015% | 1h | 8.9356 | −0.062% | $589K | $250K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.244% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0086% | 1h | 8.9405 | −0.008% | $748K | $4.7M | 10x | as long as short |
| Lighter UNIlong | +0.0096% | 1h | 8.9412 | long leg | $4.5M | $5.6M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9404 | −0.009% | $26K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9264 | −0.166% | $735K | $3.6M | 50x | as long as short |
Polymarket Perps UNI-USD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
Nado UNI-PERP
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 | 8.9420 | +0.009% | $286K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9179 | −0.261% | $215.2M | $659.0M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9170 | −0.271% | $99.1M | $112.1M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9180 | −0.259% | $54.3M | $266.1M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9450 | +0.042% | $319K | $703K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9190 | −0.248% | $25.0M | $66.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9220 | −0.215% | $49.1M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9210 | −0.226% | $13.1M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9160 | −0.282% | $32.6M | $45.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9160 | −0.282% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9278 | −0.150% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8889 | −0.584% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8998 | −0.463% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8960 | −0.506% | $628K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9040 | −0.416% | $89K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9280 | −0.148% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9320 | −0.103% | $16K | $1.8M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9328 | −0.094% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9270 | −0.159% | $32K | $885K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9376 | −0.040% | $699K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9340 | −0.081% | $27.0M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9149 | −0.295% | $294K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9280 | −0.148% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0140% | 1h | 8.9365 | −0.053% | $235K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.9330 | −0.092% | $930K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9280 | −0.148% | $10.1M | $3.6M | 75x | as long as short |
| Hyperliquid UNI | +0.0275% | 1h | 8.9294 | −0.132% | $94.9M | $67.6M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0378% | 1h | 8.9348 | −0.072% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9068 | −0.385% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0496% | 1h | 8.9236 | −0.197% | $1K | $53K | 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
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD