UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0788%/8h= +86.3% APRnext payment +$0.99 per $10,000 · paid last 24h +0.175%

Price spread now: Lighter against Nado+0.261%7-day average +0.083% · you sell dearer than you buy

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

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

costs, in and out, $10k−$250.247% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.262%+$26 on $10k

Price spread, last 7 days−0.228%−$23 · spread now +0.261%, 7d avg +0.083%

Together, before fees+0.034%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Lighter is 0.179% dearer against Nado than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.083%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado UNI-PERP	8.9980	0.0100	pay 0.0012% / 1h	0m 25s	$947K	$4.2M	10x
Short	Lighter UNI	9.0215	0.0888	get 0.0111% / 1h	0m 25s	$4.6M	$5.3M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.261%Rate

Funding earned: $165.48
Price spread: +0.261% → +0.083%: $17.85
Slippage, 4 orders: −$17.71
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: $158.63
Costs to cover: 0.247%
Break-even: 0.3 days

Slippage from Nado: live order book, 4 min ago; Lighter: live order book, 7 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 Nado live order book, 4 min ago	0.06 bp	4.5 bp −$4	12.3 bp −$123	doesn't fit	doesn't fit
Sell Lighter live order book, 7 min ago	1.56 bp	5.9 bp −$6	12.7 bp −$127	97.5 bp −$9,750	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−1.867%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0024	+0.049%	$62K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0087%	8h	8.9960	−0.022%	$55.0M	$249.9M	50x	as long as short
Variational Omni UNI	+0.0090%	8h	9.0023	+0.048%	$4.1M	$4.4M	—	as long as short
Nado UNI-PERPlong	+0.0100%	1h	8.9980	long leg	$947K	$4.2M	10x
Aster UNIUSDT	+0.0100%	8h	9.0051	+0.079%	$1.0M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0021	+0.046%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0008	+0.031%	$222.8M	$592.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9980	0.000%	$101.7M	$105.9M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0080	+0.111%	$270K	$614K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.0020	+0.044%	$22.9M	$59.3M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0040	+0.067%	$44.0M	$24.1M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0030	+0.056%	$13.6M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0010	+0.033%	$32.9M	$42.2M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0010	+0.033%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0094	+0.127%	$1.1M	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9687	−0.326%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9730	−0.278%	$624K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9730	−0.278%	$88K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9850	−0.144%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0054	+0.082%	$85K	$367K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9990	+0.011%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0111	+0.146%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0040	+0.067%	$21K	$679K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0127	+0.163%	$718K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0070	+0.100%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0002	+0.024%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9937	−0.047%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0067	+0.097%	$32K	$1K	3x	as long as short
01 Exchange UNIUSD	+0.0152%	1h	9.0037	+0.063%	$449	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0212%	1h	9.0110	+0.144%	$580K	$177K	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0070	+0.100%	$10.0M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0080	+0.111%	$1.1M	$5.4M	50x	as long as short
dYdX UNI-USD	+0.0279%	1h	9.0016	+0.041%	$249K	$6K	10x	as long as short
Reya UNIRUSDPERP	+0.0365%	1h	9.0009	+0.032%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0322%	1h	9.0016	+0.040%	$570K	—	120x	as long as short
Hyperliquid UNI	+0.0410%	1h	9.0143	+0.181%	$98.6M	$59.7M	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0562%	1h	9.0120	+0.156%	$5.0M	$7.0M	50x	as long as short
Aftermath Perps UNIUSD	+0.0874%	1h	8.9887	−0.104%	$1K	$49K	10x	as long as short
Lighter UNIshort	+0.0888%	1h	9.0215	+0.261%	$4.6M	$5.3M	15x