Funding you earn now, next payment 02:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.184%
Price spread now: Paradex against Lighter−0.269%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.269% cheaper against Lighter than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 9.1223 | 0.0448 | pay 0.0056% / 1h | 22m 58s | $4.7M | $5.3M | 15x |
| Short | Paradex UNI-USD-PERP | 9.0978 | 0.0100 | get 0.0100% / 8h | 6h 22m | $26K | — | 20x |
Lighter UNI
Paradex UNI-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$73.08
- Price spread: −0.269% → 0.000%
- −$26.87
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$103.94
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Paradex: 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, 5 min ago | 1.38 bp | 9.3 bp −$9 | 17.4 bp −$174 | 79.3 bp −$7,930 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 39 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 | 9.0968 | −0.279% | $19K | — | 150x | as long as short |
| dYdX UNI-USD | +0.0018% | 1h | 9.1055 | −0.185% | $240K | $30K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.204% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 9.0964 | −0.284% | $454 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0935 | −0.316% | $951K | $4.3M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 9.1206 | −0.019% | $99.0M | $60.4M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1151 | −0.079% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1093 | −0.143% | $298K | $574K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1115 | −0.118% | $227.5M | $610.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1100 | −0.135% | $102.0M | $107.4M | 75x | as long as short |
gTrade (Gains Network) UNI/USD
dYdX UNI-USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1080 | −0.157% | $56.2M | $255.5M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1020 | −0.223% | $288K | $641K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1060 | −0.179% | $23.3M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1190 | −0.036% | $50.0M | $26.2M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1150 | −0.080% | $13.5M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1120 | −0.113% | $33.4M | $42.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1050 | −0.190% | — | $56.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1067 | −0.171% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0580 | −0.705% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0454 | −0.843% | $170K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0859 | −0.399% | $632K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0890 | −0.365% | $89K | $699K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0990 | −0.255% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0969 | −0.278% | $86K | $410K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1000 | −0.244% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1032 | −0.209% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1052 | −0.187% | $22K | $712K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1147 | −0.083% | $724K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1020 | −0.223% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERPshort | +0.0100% | 8h | 9.0978 | −0.269% | $26K | — | 20x | |
| Extended UNI-USD | +0.0104% | 1h | 9.1083 | −0.153% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1050 | −0.189% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0256% | 1h | 9.1084 | −0.152% | $591K | $188K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.1110 | −0.124% | $1.1M | $4.7M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0368% | 1h | 9.0897 | −0.357% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.0925 | −0.327% | $647K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0421% | 1h | 9.1075 | −0.162% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNIlong | +0.0448% | 1h | 9.1223 | long leg | $4.7M | $5.3M | 15x | |
| Aftermath Perps UNIUSD | +0.0934% | 1h | 9.0648 | −0.631% | $988 | $48K | 10x | as long as short |
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
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
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD