Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.209%
Price spread now: Lighter against OKX−0.213%7-day average +0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days+0.266%+$27 · spread now −0.213%, 7d avg +0.131%
=Together, before fees+0.673%+ Points / potential airdropLighter: Season 3 · farm board+$67 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: Lighter is 0.344% cheaper against OKX than usual: you would sell low and buy high, −$34 on $10k if it goes back to its 7-day average of +0.131%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNI-USDT-SWAP | 8.9350 | 0.0100 | pay 0.0100% / 8h | 2h 20m | $54.6M | $265.4M | 50x |
| Short | Lighter UNI | 8.9160 | 0.0096 | get 0.0012% / 1h | 20m 28s | $4.5M | $5.6M | 15x |
OKX UNI-USDT-SWAP
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: −0.213% → +0.131%
- −$34.36
- Slippage, 4 orders
- −$19.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$64.49
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 8 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 OKX live order book, 4 min ago | 0.56 bp | 7.5 bp −$7 | 13.5 bp −$135 | 67.8 bp −$6,782 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 7.10 bp | 7.2 bp −$7 | 22.8 bp −$228 | 113.0 bp −$11.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0065% | 1h | 8.9215 | −0.151% | $822K | $4.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8763 | −0.657% | $4.7M | $8.5M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.9246 | −0.116% | $445 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9367 | +0.019% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.175% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0092% | 1h | 8.9188 | −0.181% | $111K | $535K | 10x | as long as short |
| Lighter UNIshort | +0.0096% | 1h | 8.9160 | −0.213% | $4.5M | $5.6M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9123 | −0.254% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9333 | −0.020% | $743K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9077 | −0.305% | $286K | $616K | 10x | as long as short |
Nado UNI-PERP
Kraken Futures PF_UNIUSD
01 Exchange 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 | 8.9364 | +0.016% | $218.3M | $660.5M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9360 | +0.011% | $100.0M | $112.0M | 75x | as long as short |
| OKX UNI-USDT-SWAPlong | +0.0100% | 8h | 8.9350 | long leg | $54.6M | $265.4M | 50x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.9290 | −0.067% | $318K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9350 | 0.000% | $24.4M | $65.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9310 | −0.045% | $49.2M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9220 | −0.145% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9220 | −0.145% | $32.6M | $45.8M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9360 | +0.011% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8837 | −0.574% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8719 | −0.706% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8443 | −1.015% | $167K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8591 | −0.850% | $619K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8460 | −0.996% | $89K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8880 | −0.526% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9350 | 0.000% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8878 | −0.528% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8740 | −0.683% | $32K | $865K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8862 | −0.546% | $714K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8770 | −0.649% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9100 | −0.280% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8750 | −0.672% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0131% | 1h | 8.9355 | +0.006% | $95.1M | $66.0M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0167% | 1h | 8.8794 | −0.623% | $568K | $203K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8830 | −0.582% | $927K | $5.7M | 50x | as long as short |
| dYdX UNI-USD | +0.0188% | 1h | 8.9036 | −0.351% | $234K | $31K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8750 | −0.672% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.9247 | −0.115% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9359 | +0.010% | $634K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0644% | 1h | 8.8693 | −0.735% | $1K | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
dYdX UNI-USD
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD