Funding you earn now, next payment 23:00 UTC+0.0246%/8h= +27.0% APRnext payment +$0.31 per $10,000 · paid last 24h +0.098%
Price spread now: Lighter against Reya+0.303%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.303% dearer against Reya than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 8.8204 | 0.0362 | pay 0.0045% / 1h | 32m 32s | $16K | — | 20x |
| Short | Lighter UNI | 8.8471 | 0.0608 | get 0.0076% / 1h | 32m 32s | $4.5M | $5.2M | 15x |
Reya UNIRUSDPERP
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $51.71
- Price spread: +0.303% → 0.000%
- $30.26
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $75.96
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 5 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 1.36 bp | 1.7 bp −$2 | 9.5 bp −$95 | 101.5 bp −$10.2K | doesn't fit |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0076% | 8h | 8.8115 | −0.101% | $3.9M | $4.5M | — | as long as short |
| Bybit UNIUSDT | −0.0016% | 8h | 8.8190 | −0.016% | $100.6M | $104.4M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8328 | +0.140% | $61K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +0.109% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0040% | 8h | 8.8200 | −0.005% | $54.7M | $243.2M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.8328 | +0.140% | $441 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0057% | 1h | 8.8346 | +0.161% | $562K | $157K | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8261 | +0.064% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8250 | +0.052% | $934K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8350 | +0.165% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8297 | +0.105% | $296K | $570K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8270 | +0.075% | $216.6M | $587.9M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8360 | +0.177% | $281K | $615K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8280 | +0.086% | $22.9M | $58.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8300 | +0.109% | $42.6M | $24.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8280 | +0.086% | $13.5M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8210 | +0.007% | $32.0M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8280 | +0.086% | — | $51.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8328 | +0.140% | $980K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8185 | −0.022% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8300 | +0.109% | $612K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8280 | +0.086% | $87K | $714K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8350 | +0.165% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8230 | +0.029% | $86K | $351K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8290 | +0.097% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8356 | +0.172% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8288 | +0.095% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8475 | +0.307% | $727K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8280 | +0.086% | $26.5M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8250 | +0.051% | $300K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8464 | +0.294% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0110% | 1h | 8.8289 | +0.096% | $244K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8330 | +0.143% | $9.8M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.8460 | +0.290% | $1.0M | $5.3M | 50x | as long as short |
| Hyperliquid UNI | +0.0303% | 1h | 8.8382 | +0.202% | $96.7M | $59.1M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0343% | 1h | 8.8363 | +0.180% | $4.9M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERPlong | +0.0362% | 1h | 8.8204 | long leg | $16K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.8317 | +0.127% | $553K | — | 120x | as long as short |
| Lighter UNIshort | +0.0608% | 1h | 8.8471 | +0.303% | $4.5M | $5.2M | 15x | |
| Aftermath Perps UNIUSD | +0.0629% | 1h | 8.8348 | +0.163% | $1K | $49K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Hyperliquid UNI
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD