Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.192%
Price spread now: Lighter against Orderly+0.155%7-day average +0.162% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.308%+$31 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.155%, 7d avg +0.162%
=Together, before fees+0.119%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_UNI_USDC | 8.8510 | 0.0100 | pay 0.0100% / 8h | 3h 10m | $16K | $1.5M | 10x |
| Short | Lighter UNI | 8.8647 | 0.0096 | get 0.0012% / 1h | 10m 46s | $4.5M | $5.9M | 15x |
Orderly PERP_UNI_USDC
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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: +0.155% → +0.162%
- −$0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.51
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 7 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 1.23 bp | 7.8 bp −$8 | 24.5 bp −$245 | 127.7 bp −$12.8K | doesn't fit |
Orderly: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.8554 | +0.050% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8494 | −0.018% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.237% | $660 | $154K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0055% | 1h | 8.8554 | +0.049% | $567K | $208K | 50x | as long as short |
| Lighter UNIshort | +0.0096% | 1h | 8.8647 | +0.155% | $4.5M | $5.9M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8577 | +0.076% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8580 | +0.079% | $860K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8703 | +0.218% | $94.0M | $65.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8660 | +0.169% | $774K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8607 | +0.109% | $285K | $612K | 10x | as long as short |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Hyperliquid UNI
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 | 8.8633 | +0.139% | $217.2M | $651.5M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8600 | +0.102% | $99.2M | $111.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8630 | +0.136% | $53.8M | $260.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8670 | +0.181% | $317K | $666K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8620 | +0.124% | $23.3M | $65.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8620 | +0.124% | $47.0M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8590 | +0.090% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8580 | +0.079% | $32.6M | $46.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8610 | +0.113% | — | $56.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8635 | +0.141% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8419 | −0.103% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8810 | +0.339% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8650 | +0.158% | $616K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8820 | +0.350% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8570 | +0.068% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8578 | +0.077% | $84K | $457K | 10x | as long as short |
| Orderly PERP_UNI_USDClong | +0.0100% | 8h | 8.8510 | long leg | $16K | $1.5M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 8.8535 | +0.028% | $35K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8527 | +0.019% | $31K | $816K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8678 | +0.190% | $700K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8600 | +0.102% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8605 | +0.107% | $284K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8500 | −0.011% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8550 | +0.045% | $918K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | +0.056% | $10.1M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0240% | 1h | 8.8642 | +0.149% | $233K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0275% | 1h | 8.8594 | +0.095% | $4.8M | $8.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8522 | +0.014% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8540 | +0.034% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0734% | 1h | 8.9015 | +0.570% | $893 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
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
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD