UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.01 per $10,000 · paid last 24h −0.191%

Price spread now: SoDEX against Lighter−0.054%7-day average −0.164% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.286%−$29 on $10k

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.054%, 7d avg −0.164%

Together, before fees−0.140%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.110% dearer against Lighter than usual: you sell high and buy low (spread −0.054% now, against its 7-day average of −0.164%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 31 days. At the pace of the last 3 days (−0.286% in total) that is about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	9.0704	0.0112	pay 0.0014% / 1h	54m 39s	$4.6M	$5.8M	15x
Short	SoDEX UNI-USD	9.0655	0.0100	get 0.0013% / 1h	54m 39s	$22K	$793K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee SoDEXbpOrdersPrice spread, now −0.054%Rate

Funding earned: −$2.52
Price spread: −0.054% → −0.164%: $11.05
Slippage, 4 orders: −$24.76
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$24.23
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; SoDEX: live order book, 64 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, 3 min ago	1.32 bp	4.5 bp −$5	12.3 bp −$123	100.5 bp −$10.1K	doesn't fit
Sell SoDEX live order book, 64 min ago	0.60 bp	9.9 bp −$10	27.7 bp −$277	139.7 bp −$14.0K	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0597	−0.118%	$37K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.650%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0080%	1h	9.0469	−0.259%	$451	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0545	−0.175%	$969K	$4.4M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	9.0731	+0.030%	$98.2M	$62.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0658	−0.051%	$815K	$3.5M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0622	−0.091%	$293K	$602K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0601	−0.114%	$222.7M	$640.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0560	−0.159%	$101.8M	$111.5M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0560	−0.159%	$55.2M	$262.0M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0650	−0.060%	$316K	$653K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0570	−0.148%	$23.7M	$63.2M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0600	−0.115%	$47.8M	$25.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0640	−0.071%	$13.5M	$13.2M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0510	−0.214%	$33.4M	$45.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0560	−0.159%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0740	+0.040%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0369	−0.369%	$4.2M	$4.1M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0508	−0.216%	$171K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0442	−0.289%	$640K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0510	−0.214%	$95K	$702K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0340	−0.401%	$15K	$3.4M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0554	−0.165%	$86K	$430K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0600	−0.115%	$16K	$1.5M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0645	−0.065%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USDshort	+0.0100%	1h	9.0655	−0.054%	$22K	$793K	10x
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.062%	$725K	$4.7M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0690	−0.015%	$27.4M	$4.4M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0544	−0.176%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0509	−0.215%	$292K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0611	−0.102%	$32K	—	3x	as long as short
Lighter UNIlong	+0.0112%	1h	9.0704	long leg	$4.6M	$5.8M	15x
Coinbase International UNI-PERP-INTX	+0.0216%	1h	9.0610	−0.104%	$949K	$5.9M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0700	−0.004%	$10.3M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0268%	1h	9.0726	+0.025%	$5.0M	$8.0M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0309%	1h	9.0668	−0.040%	$581K	$208K	50x	as long as short
dYdX UNI-USD	+0.0346%	1h	9.0600	−0.115%	$239K	$30K	10x	as long as short
Reya UNIRUSDPERP	+0.0373%	1h	9.0555	−0.165%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0577	−0.140%	$644K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0890%	1h	9.0665	−0.043%	$991	$46K	10x	as long as short