Funding you earn now, next payment 02:00 UTC−0.0080%/8h= −8.7% APRnext payment −$0.10 per $10,000 · paid last 24h −0.111%
Price spread now: Reya against Lighter−0.547%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Reya is 0.547% cheaper against Lighter than usual: you would sell low and buy high (−$55 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 | 9.1397 | 0.0448 | pay 0.0056% / 1h | 22m 32s | $4.7M | $5.3M | 15x |
| Short | Reya UNIRUSDPERP | 9.0897 | 0.0368 | get 0.0046% / 1h | 22m 32s | $17K | — | 20x |
Lighter UNI
Reya UNIRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$16.73
- Price spread: −0.547% → 0.000%
- −$54.69
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$77.42
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 5 min ago; Reya: 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 Reya no order-book sample | — | — | — | — | — |
Reya: 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 | −0.469% | $19K | — | 150x | as long as short |
| dYdX UNI-USD | +0.0018% | 1h | 9.1322 | −0.082% | $240K | $30K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.389% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 9.1269 | −0.140% | $455 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0935 | −0.505% | $951K | $4.3M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 9.1356 | −0.045% | $99.1M | $60.4M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1344 | −0.058% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1315 | −0.090% | $299K | $574K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1230 | −0.183% | $227.8M | $611.0M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1180 | −0.237% | $102.1M | $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 | 9.1250 | −0.161% | $56.3M | $255.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1370 | −0.030% | $289K | $641K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1280 | −0.128% | $23.4M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1310 | −0.095% | $50.1M | $26.2M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1310 | −0.095% | $13.6M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1240 | −0.172% | $33.4M | $42.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1230 | −0.183% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1067 | −0.361% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0580 | −0.894% | $4.1M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0454 | −1.032% | $170K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0859 | −0.588% | $632K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0890 | −0.555% | $89K | $699K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0990 | −0.445% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0969 | −0.468% | $86K | $410K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1000 | −0.434% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1032 | −0.399% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1052 | −0.377% | $22K | $712K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1147 | −0.274% | $724K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1020 | −0.412% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1272 | −0.137% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1237 | −0.175% | $305K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1050 | −0.379% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0256% | 1h | 9.1084 | −0.342% | $591K | $188K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.1110 | −0.314% | $1.1M | $4.7M | 50x | as long as short |
| Reya UNIRUSDPERPshort | +0.0368% | 1h | 9.0897 | −0.547% | $17K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.0925 | −0.516% | $647K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0421% | 1h | 9.1075 | −0.352% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNIlong | +0.0448% | 1h | 9.1397 | long leg | $4.7M | $5.3M | 15x | |
| Aftermath Perps UNIUSD | +0.0934% | 1h | 9.0648 | −0.820% | $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-USDC
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD