Funding you earn now, next payment 09:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h −0.168%
Price spread now: KuCoin against Lighter−0.124%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days−0.375%−$37 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now −0.124%, 7d avg −0.117%
=Together, before fees−0.284%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.117%, so right now this pair is about funding alone: −$1 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 | 8.9741 | 0.0128 | pay 0.0016% / 1h | 48m 51s | $4.5M | $5.4M | 15x |
| Short | KuCoin UNIUSDTM | 8.9630 | 0.0100 | get 0.0100% / 8h | 7h 48m | $13.1M | $13.3M | 75x |
Lighter UNI
KuCoin UNIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$5.88
- Price spread: −0.124% → −0.117%
- −$0.7
- Slippage, 4 orders
- −$31.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.72
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago | 2.07 bp | 6.8 bp −$7 | 12.7 bp −$127 | 83.7 bp −$8,367 | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 1.12 bp | 17.5 bp −$17 | 23.7 bp −$237 | 61.1 bp −$6,107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex UNIUSDT | −0.0268% | 8h | 8.9600 | −0.157% | $27.1M | $4.4M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0062% | 1h | 8.9662 | −0.088% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9599 | −0.158% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.606% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0082% | 1h | 8.9580 | −0.179% | $731K | $4.7M | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9450 | −0.324% | $26K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9629 | −0.125% | $729K | $3.2M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9484 | −0.287% | $291K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9588 | −0.171% | $218.0M | $653.0M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9560 | −0.202% | $99.4M | $110.7M | 75x | as long as short |
Phemex UNIUSDT
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9530 | −0.235% | $54.8M | $263.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9630 | −0.124% | $325K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9580 | −0.179% | $26.7M | $62.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9590 | −0.168% | $48.2M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTMshort | +0.0100% | 8h | 8.9630 | −0.124% | $13.1M | $13.3M | 75x | |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9610 | −0.146% | $33.2M | $46.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9570 | −0.191% | — | $6.5M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9300 | −0.491% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9122 | −0.690% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9123 | −0.689% | $630K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9160 | −0.647% | $90K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9350 | −0.436% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9615 | −0.140% | $105K | $616K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9580 | −0.179% | $17K | $2.3M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9631 | −0.123% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9615 | −0.140% | $32K | $894K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9680 | −0.068% | $710K | $4.7M | 75x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9563 | −0.199% | $300K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9615 | −0.140% | $32K | — | 3x | as long as short |
| Lighter UNIlong | +0.0128% | 1h | 8.9741 | long leg | $4.5M | $5.4M | 15x | |
| Hyperliquid UNI | +0.0130% | 1h | 8.9720 | −0.023% | $95.7M | $67.6M | 10x | as long as short |
| 01 Exchange UNIUSD | +0.0136% | 1h | 8.9622 | −0.133% | $447 | $5 | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9480 | −0.291% | $931K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9600 | −0.157% | $10.2M | $3.6M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0243% | 1h | 8.9664 | −0.086% | $594K | $273K | 50x | as long as short |
| dYdX UNI-USD | +0.0256% | 1h | 8.9557 | −0.205% | $235K | $31K | 10x | as long as short |
| Backpack UNI_USDC_PERP | +0.0270% | 1h | 8.9716 | −0.028% | $1.1M | $2.5M | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9603 | −0.154% | $637K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0382% | 1h | 8.9603 | −0.154% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0390% | 1h | 8.9337 | −0.450% | $1K | $52K | 10x | as long as short |
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
Bitget UNIUSDT
BingX UNI-USDC
Variational Omni UNI
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
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
01 Exchange UNIUSD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
Backpack UNI_USDC_PERP
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD