Funding you earn now, next payment 22:00 UTC−0.0468%/8h= −51.2% APRpaid last 24h −0.166%
Price spread now: MEXC against Lighter−0.225%7-day average −0.106% · 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−$33as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.225%, 7d avg −0.106%
=Together, before fees−0.285%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and MEXC is 0.119% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.106%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.327% in total (about -17.1% a year). A funding rate is set anew for every payment. 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 | 8.9752 | 0.0568 | pay 0.0071% / 1h | 26m 36s | $4.6M | $5.4M | 15x |
| Short | MEXC UNI_USDT | 8.9550 | 0.0100 | get 0.0100% / 8h | 2h 26m | $43.6M | $24.7M | 200x |
Lighter UNI
MEXC UNI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$98.28
- Price spread: −0.225% → −0.106%
- −$11.89
- Slippage, 4 orders
- −$17.56
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$131.73
- Costs to cover
- 0.216%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; MEXC: live order book, 2 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, 6 min ago | 0.79 bp | 11.7 bp −$12 | 19.6 bp −$196 | 100.0 bp −$10,000 | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.68 bp | 4.5 bp −$5 | 7.4 bp −$74 | 24.1 bp −$2,409 | 155.9 bp −$77.9K |
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 | −0.0175% | 8h | 8.9141 | −0.681% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0128% | 8h | 8.9470 | −0.314% | $102.2M | $105.9M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9530 | −0.248% | $566K | $137K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.9471 | −0.313% | $81K | — | 150x | as long as short |
| 01 Exchange UNIUSD | +0.0016% | 1h | 8.9504 | −0.276% | $447 | — | 10x | as long as short |
| OKX UNI-USDT-SWAP | +0.0017% | 8h | 8.9460 | −0.325% | $55.1M | $249.2M | 50x | as long as short |
| dYdX UNI-USD | +0.0079% | 1h | 8.9582 | −0.189% | $248K | $5K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9458 | −0.328% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9370 | −0.426% | $865K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9576 | −0.196% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
OKX UNI-USDT-SWAP
dYdX UNI-USD
Paradex UNI-USD-PERP
Nado UNI-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 | 8.9588 | −0.182% | $303K | $564K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9570 | −0.203% | $219.1M | $595.0M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9540 | −0.236% | $276K | $611K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9500 | −0.281% | $23.2M | $59.2M | 75x | as long as short |
| MEXC UNI_USDTshort | +0.0100% | 8h | 8.9550 | −0.225% | $43.6M | $24.7M | 200x | |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9470 | −0.314% | $13.9M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9430 | −0.359% | $32.4M | $41.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9450 | −0.336% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9526 | −0.252% | $996K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8913 | −0.935% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9116 | −0.709% | $625K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9180 | −0.637% | $84K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9230 | −0.582% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9442 | −0.345% | $87K | $324K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9460 | −0.325% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9450 | −0.336% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9450 | −0.336% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9592 | −0.178% | $731K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9420 | −0.370% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9435 | −0.353% | $308K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9470 | −0.314% | $32K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9440 | −0.348% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9400 | −0.392% | $9.8M | $3.4M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0266% | 1h | 8.9508 | −0.272% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0309% | 1h | 8.9639 | −0.126% | $97.5M | $60.0M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0360% | 1h | 8.9384 | −0.410% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.9467 | −0.318% | $561K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0522% | 1h | 8.9042 | −0.791% | $1K | $50K | 10x | as long as short |
| Lighter UNIlong | +0.0568% | 1h | 8.9752 | long leg | $4.6M | $5.4M | 15x | |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −2.063% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
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
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Injective UNI/USDC PERP