Funding you earn now, next payment 03:00 UTC−0.1017%/8h= −111.4% APRpaid last 24h −0.026%
Price spread now: Binance against Lighter−0.581%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.555%−$55 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.581%, 7d avg −0.075%
=Together, before fees−0.458%+ Points / potential airdropLighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Binance is 0.506% cheaper against Lighter than usual: you would sell low and buy high (−$51 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.555% in total (about -28.9% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNITREE | 74.342 | −0.0056 | get 0.0007% / 1h | 13m 22s | $200K | $90K | 5x |
| Short | Binance UNITREEUSDT | 73.910 | −0.1073 | pay 0.0537% / 4h | 1h 13m | $13.8M | $16.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- −$213.65
- Price spread: −0.581% → −0.075%
- −$50.58
- Slippage, 4 orders
- −$23.96
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$298.2
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 32 min ago; Binance: live order book, 12 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 Lighter live order book, 32 min ago | 3.03 bp | 4.6 bp −$5 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.68 bp | 9.6 bp −$10 | 24.4 bp −$244 | doesn't fit | doesn't fit |
UNITREE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:UNITREE | −0.2645% | 1h | 74.040 | −0.406% | $1.8M | $331K | 10x | as long as short |
| HTX UNITREE-USDT | −0.1630% | 4h | 73.805 | −0.722% | $70K | $193K | 20x | as long as short |
| Bullet UNITREE-USD | −0.1494% | 1h | 73.940 | −0.541% | $3K | $15K | 10x | as long as short |
| Bybit UNITREEUSDT | −0.1384% | 8h | 73.950 | −0.527% | $1.3M | $962K | 25x | as long as short |
| SoDEX UNITREE-USD | −0.1150% | 1h | 73.860 | −0.648% | $15K | $4K | 5x | as long as short |
| Binance UNITREEUSDTshort | −0.1073% | 4h | 73.910 | −0.581% | $13.8M | $16.2M | 20x | |
| Ondo Perps UNITREE-USD.P | −0.1058% | 1h | 73.860 | −0.648% | $17K | $2K | 5x | as long as short |
| Polymarket Perps UNITREE-USD | −0.1021% | 1h | 74.161 | −0.243% | $3K | $15K | 10x | as long as short |
| Extended UNITREE-USD | −0.1008% | 1h | 73.931 | −0.553% | $257K | $13K | 5x | as long as short |
| MEXC UNITREE_USDT | −0.1008% | 4h | 73.970 | −0.500% | $3.1M | $296K | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget UNITREEUSDT | −0.0936% | 4h | 73.980 | −0.487% | $1.7M | $1.4M | 20x | as long as short |
| tradeXYZ xyz:UNITREE | −0.0869% | 1h | 74.107 | −0.316% | $21.2M | $6.4M | 10x | as long as short |
| Aster UNITREEUSDT | −0.0830% | 4h | 74.005 | −0.454% | $295K | $149K | 20x | as long as short |
| OKX UNITREE-USDT-SWAP | −0.0293% | 8h | 73.910 | −0.581% | $5.4M | $9.3M | 20x | as long as short |
| edgeX UNITREEUSDC | −0.0225% | 4h | 73.786 | −0.748% | $93K | $1.2M | 10x | as long as short |
| Gate UNITREE_USDT | −0.0130% | 4h | 73.981 | −0.486% | $4.9M | $2.9M | 50x | as long as short |
| ApeX Omni UNITREEUSDT | −0.0113% | 1h | 73.990 | −0.473% | $24K | $144K | 50x | as long as short |
| Lighter UNITREElong | −0.0056% | 1h | 74.342 | long leg | $200K | $90K | 5x | |
| SunX UNITREE-USDT | 0.0000% | 4h | 74.230 | −0.151% | — | $4.4M | 10x | as long as short |
| Orderly PERP_UNITREE_USDC_mythos | +0.0038% | 8h | 73.950 | −0.527% | $1K | $2K | 10x | as long as short |
Lighter UNITREE
Binance UNITREEUSDT
Paragon para:UNITREE
HTX UNITREE-USDT
Bullet UNITREE-USD
Bybit UNITREEUSDT
SoDEX UNITREE-USD
Polymarket Perps UNITREE-USD
Extended UNITREE-USD
MEXC UNITREE_USDT
Bitget UNITREEUSDT
tradeXYZ xyz:UNITREE
Aster UNITREEUSDT
OKX UNITREE-USDT-SWAP
edgeX UNITREEUSDC
Gate UNITREE_USDT
ApeX Omni UNITREEUSDT
SunX UNITREE-USDT