Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.192%
Price spread now: Orderly against Lighter+0.042%7-day average −0.162% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.308%−$31 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.042%, 7d avg −0.162%
=Together, before fees−0.325%+ Points / potential airdropLighter: Season 3 · farm board−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.204% dearer against Lighter than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.162%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.8583 | 0.0096 | pay 0.0012% / 1h | 23m 42s | $4.5M | $5.6M | 15x |
| Short | Orderly PERP_UNI_USDC | 8.8620 | 0.0100 | get 0.0100% / 8h | 2h 23m | $16K | $1.6M | 10x |
Lighter UNI
Orderly PERP_UNI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0.84
- Price spread: +0.042% → −0.162%
- $20.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $15.26
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 4 min ago; Orderly: 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, 4 min ago | 7.10 bp | 7.2 bp −$7 | 12.6 bp −$126 | 86.8 bp −$8,678 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0078% | 1h | 8.8520 | −0.071% | $819K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0024% | 1h | 8.8401 | −0.205% | $441 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8632 | +0.055% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8587 | +0.005% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.319% | $660 | $153K | 12x | as long as short |
| Lighter UNIlong | +0.0096% | 1h | 8.8583 | long leg | $4.5M | $5.6M | 15x | |
| Polymarket Perps UNI-USD | +0.0098% | 1h | 8.8557 | −0.029% | $103K | $525K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8425 | −0.178% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8500 | −0.094% | $748K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8476 | −0.121% | $284K | $616K | 10x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8490 | −0.105% | $216.1M | $663.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8390 | −0.218% | $98.9M | $112.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8400 | −0.207% | $54.2M | $264.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8450 | −0.150% | $315K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8440 | −0.161% | $24.1M | $65.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8450 | −0.150% | $49.0M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8480 | −0.116% | $12.9M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8350 | −0.263% | $32.3M | $46.7M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8410 | −0.195% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8605 | +0.025% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8380 | −0.229% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8556 | −0.030% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8582 | −0.001% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8600 | +0.019% | $89K | $707K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8630 | +0.053% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDCshort | +0.0100% | 8h | 8.8620 | +0.042% | $16K | $1.6M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 8.8597 | +0.016% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8636 | +0.060% | $32K | $874K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8617 | +0.038% | $712K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8570 | −0.015% | $26.7M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8356 | −0.257% | $297K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8639 | +0.063% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0123% | 1h | 8.8549 | −0.038% | $94.2M | $65.9M | 10x | as long as short |
| dYdX UNI-USD | +0.0180% | 1h | 8.8482 | −0.114% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8660 | +0.087% | $925K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8490 | −0.105% | $10.0M | $3.6M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0348% | 1h | 8.8681 | +0.111% | $568K | $204K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.8567 | −0.018% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8600 | +0.020% | $630K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0681% | 1h | 8.8665 | +0.093% | $969 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Deribit UNI_USDC-PERPETUAL
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD