Settings8H · net · $10k
Funding arb · Price arb /

UNITREE

RWAall UNITREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.2352%/8h= +257.6% APRpaid last 24h +0.041%
Price spread now: Lighter against Bybit+0.155%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.379%+$38 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.155%, 7d avg +0.041%
Together, before fees+0.196%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$71 a day on $10k at the current rate, and Lighter is 0.114% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.379% in total (about 19.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit UNITREEUSDT73.070−0.2320get 0.2320% / 8h1h 34m$1.2M$1.0M25x
ShortLighter UNITREE73.1830.0032get 0.0004% / 1h34m 19s$176K$100K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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

Funding earned
$493.98
Price spread: +0.155% → +0.041%
$11.41
Slippage, 4 orders
−$82.16
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
$412.23
Costs to cover
0.932%
Break-even
1.2 days
Slippage from Bybit: live order book, 1 min ago; Lighter: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.05 bp13.7 bp −$1480.9 bp −$809doesn't fitdoesn't fit
Sell Lighter live order book, 56 min ago28.62 bp37.1 bp −$3759.1 bp −$591doesn't fitdoesn't fit

UNITREE on 20 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UNITREEUSDC−0.4212%4h72.896−0.238%$92K$1.2M10xas long as short
HTX UNITREE-USDT−0.3603%4h72.970−0.137%$67K$189K20xas long as short
Binance UNITREEUSDT−0.3491%4h73.060−0.014%$13.5M$16.6M20xas long as short
Extended UNITREE-USD−0.3488%1h72.997−0.100%$254K$14K5xas long as short
MEXC UNITREE_USDT−0.3482%4h73.060−0.014%$3.0M$267K50xas long as short
Aster UNITREEUSDT−0.3276%4h73.063−0.010%$282K$124K20xas long as short
Bitget UNITREEUSDT−0.2992%4h73.030−0.055%$1.8M$1.4M20xas long as short
OKX UNITREE-USDT-SWAP−0.2572%8h73.110+0.055%$5.5M$10.2M20xas long as short
Bybit UNITREEUSDTlong−0.2320%8h73.070long leg$1.2M$1.0M25x
Gate UNITREE_USDT−0.2028%4h72.967−0.141%$4.8M$2.2M50xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:UNITREE−0.1460%1h73.096+0.035%$1.7M$373K10xas long as short
Bullet UNITREE-USD−0.1339%1h73.073+0.004%$3K$16K10xas long as short
SoDEX UNITREE-USD−0.1338%1h73.050−0.027%$15K$4K5xas long as short
Polymarket Perps UNITREE-USD−0.1159%1h73.090+0.027%$3K$5K10xas long as short
Ondo Perps UNITREE-USD.P−0.1100%1h73.100+0.041%$16K$2K5xas long as short
tradeXYZ xyz:UNITREE−0.0824%1h73.147+0.105%$20.5M$7.5M10xas long as short
ApeX Omni UNITREEUSDT−0.0585%1h72.930−0.192%$23K$143K50xas long as short
Orderly PERP_UNITREE_USDC_mythos−0.0386%8h72.960−0.151%$992$53210xas long as short
SunX UNITREE-USDT0.0000%4h73.480+0.561%$2.9M10xas long as short
Lighter UNITREEshort+0.0032%1h73.183+0.155%$176K$100K5x