UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0684%/8h= +74.9% APRnext payment +$0.86 per $10,000 · paid last 24h +0.182%

Price spread now: Lighter against Pacifica+0.157%7-day average +0.104% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.289%+$29 on $10k

Price spread, last 7 days+0.006%+$1 · spread now +0.157%, 7d avg +0.104%

Together, before fees+0.295%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$30 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Lighter is 0.054% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.104%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.289% in total (about 15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica UNI	9.1208	0.0100	pay 0.0013% / 1h	42m 23s	$305K	$592K	10x
Short	Lighter UNI	9.1351	0.0784	get 0.0098% / 1h	42m 23s	$4.6M	$5.2M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now +0.157%Rate

Funding earned: $143.64
Price spread: +0.157% → +0.104%: $5.36
Slippage, 4 orders: −$21.94
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $119.06
Costs to cover: 0.299%
Break-even: 1.2 days

Slippage from Pacifica: live order book, 31 min ago; Lighter: live order book, 6 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 Pacifica live order book, 31 min ago	1.67 bp	7.8 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 6 min ago	1.49 bp	2.9 bp −$3	13.6 bp −$136	105.0 bp −$10.5K	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
Phemex UNIUSDT	−0.0380%	8h	9.1190	−0.019%	$27.5M	$4.5M	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	9.1863	+0.719%	$75K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.188%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.1640	+0.474%	$457	—	10x	as long as short
OKX UNI-USDT-SWAP	+0.0094%	8h	9.1860	+0.715%	$56.4M	$255.0M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1765	+0.611%	$968K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1700	+0.540%	$1.1M	$3.4M	50x	as long as short
Pacifica UNIlong	+0.0100%	1h	9.1208	long leg	$305K	$592K	10x
Binance UNIUSDT	+0.0100%	8h	9.1852	+0.706%	$227.8M	$590.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1850	+0.704%	$103.4M	$106.5M	75x	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	9.1610	+0.441%	$272K	$619K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1830	+0.682%	$23.1M	$58.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1830	+0.682%	$45.4M	$23.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1620	+0.452%	$13.8M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1840	+0.693%	$33.7M	$41.9M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1880	+0.737%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1233	+0.028%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1041	−0.183%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1357	+0.163%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1650	+0.485%	$641K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1370	+0.178%	$89K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1510	+0.331%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1701	+0.541%	$86K	$375K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1870	+0.726%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1946	+0.810%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1855	+0.710%	$21K	$712K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1374	+0.182%	$730K	$4.4M	75x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1193	−0.016%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1836	+0.689%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1877	+0.734%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0140%	1h	9.1176	−0.034%	$251K	$7K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.1240	+0.035%	$10.1M	$3.5M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1920	+0.781%	$1.1M	$5.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0279%	1h	9.1925	+0.786%	$592K	$178K	50x	as long as short
Reya UNIRUSDPERP	+0.0366%	1h	9.1823	+0.675%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0323%	1h	9.1847	+0.701%	$582K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0382%	1h	9.1912	+0.772%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0400%	1h	9.1951	+0.815%	$100.9M	$60.1M	10x	as long as short
Lighter UNIshort	+0.0784%	1h	9.1351	+0.157%	$4.6M	$5.2M	15x
Aftermath Perps UNIUSD	+0.0826%	1h	9.1016	−0.210%	$1K	$49K	10x	as long as short