UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0132%/8h= +14.5% APRnext payment +$0.17 per $10,000 · paid last 24h +0.191%

Price spread now: Lighter against StandX+0.115%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on StandX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 7 days−0.152%−$15 · spread now +0.115%, 7d avg +0.042%

Together, before fees+0.154%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.073% dearer against StandX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX UNI-USD	9.0610	0.0100	pay 0.0013% / 1h	47m 59s	$36K	$3.3M	20x
Short	Lighter UNI	9.0714	0.0232	get 0.0029% / 1h	47m 59s	$4.6M	$5.8M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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 StandXbpFee LighterbpOrdersPrice spread, now +0.115%Rate

Funding earned: $27.72
Price spread: +0.115% → +0.042%: $7.32
Slippage, 4 orders: −$34.51
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$7.47
Costs to cover: 0.425%
Break-even: 8.9 days

Slippage from StandX: live order book, 1 min ago; Lighter: live order book, 5 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 StandX live order book, 1 min ago	6.63 bp	17.7 bp −$18	46.6 bp −$466	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.60 bp	2.9 bp −$3	14.5 bp −$145	135.2 bp −$13.5K	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
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0707	+0.107%	$37K	—	150x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0010%	1h	9.0669	+0.065%	$581K	$193K	50x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.549%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	9.0666	+0.062%	$452	$5	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0695	+0.094%	$922K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0655	+0.049%	$1.0M	$3.0M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0520	−0.099%	$293K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0536	−0.081%	$224.2M	$629.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0510	−0.110%	$101.6M	$110.6M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0600	−0.011%	$55.5M	$257.3M	50x	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	9.0620	+0.011%	$287K	$613K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0530	−0.088%	$23.5M	$62.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0580	−0.033%	$48.4M	$25.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0630	+0.022%	$13.6M	$13.1M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0580	−0.033%	$33.5M	$44.2M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0540	−0.077%	—	$56.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0673	+0.070%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0589	−0.023%	$4.3M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1122	+0.566%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1180	+0.629%	$635K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0710	+0.110%	$88K	$695K	50x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.0610	long leg	$36K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.0777	+0.184%	$87K	$422K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0640	+0.033%	$16K	$1.6M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0707	+0.107%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0560	−0.055%	$22K	$782K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0760	+0.166%	$714K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0640	+0.033%	$27.4M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0452	−0.174%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0566	−0.049%	$297K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0543	−0.073%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0132%	1h	9.0494	−0.128%	$238K	$30K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0280	−0.364%	$10.3M	$3.5M	75x	as long as short
Lighter UNIshort	+0.0232%	1h	9.0714	+0.115%	$4.6M	$5.8M	15x
Coinbase International UNI-PERP-INTX	+0.0248%	1h	9.0760	+0.166%	$1.1M	$5.5M	50x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.0603	−0.007%	$5.0M	$7.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0372%	1h	9.0671	+0.068%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.0711	+0.111%	$646K	—	120x	as long as short
Hyperliquid UNI	+0.0438%	1h	9.0719	+0.120%	$98.5M	$61.7M	10x	as long as short
Aftermath Perps UNIUSD	+0.1070%	1h	9.0909	+0.330%	$873	$47K	10x	as long as short