Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 95.353 | +0.0032 | pay 0.0004% / 1h | 56m 17s | $284K | $48K | 5x | Long Lighter7d free | |
| SHORT | 95.550 | +0.0048 | get 0.0006% / 1h | 56m 17s | $113K | $158K | 20x | Short Popdex |
Price gap+0.207%
Funding gap+0.0016% /8h
Both sides work: funding pays $0 a day on $10k, and the gap is 0.160% above its 7d average: +$16 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$181+0.0016% /8h now · paid −1.809% over the last 7D
Price+$16spread +0.207% now, avg +0.046% → +0.160% if it goes back
Costs−$830.825% of $10k · taker + slippage, in and out
Result−$247−2.47%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.207%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUNITREE on 22 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size31.6 / 9.0 bpAt $10k entering Lighter costs 31.6 bp, fee and slippage, 3.5× Popdex’s.
- Note: Margin at max leverage$2,000 + $500Lighter 5x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$0.48Long Lighter: 24 payments, −$0.96; short Popdex: 24 payments, +$1.44.
- OK: Entry gap works for you+0.207% vs +0.046%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$113K vs $284K OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0861%/8h × 21 periods−$180.88
Price spread+0.207% → +0.046% (7d avg)+$16.02
Slippage, 4 orderslive order books−$76.15
Fee Lighter bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$247.40
Costs to cover0.825%Break-evennever at this rate
Slippage: Lighter: live order book, 24 min ago; Popdex: live order book, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter19.7531.6 bp−$3275.2 bp−$752doesn’t fitdoesn’t fit
SELL · SHORTPopdex2.109.0 bp−$915.4 bp−$154doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 19:07 | Paragon | Product | Unitree closed at its 20% daily limit in Shanghai today, its first limit-up since the August listing, two days after introducing the H2-X. Shanghai is closed until Monday, $UNITREE trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |
| 10-20 05:21 | SoDEX | Other | 🚀 UNITREE IS BACK, BABY! 🔥 @sodex_official on X ↗ |
| 10-13 18:53 | Paragon | Other | Unitree ($UNITREE) opened Aug 4, 15 days before the Shanghai IPO. It closed its first day at $64.93, went into IPO eve at $96, hit $137 on IPO day and closed $113. More than $28M traded before a single share changed hands in Shanghai. It is $64 now. @tradeparagon on X ↗ |
| 09-18 04:00 | SunX | Other | SunX 101 Lesson #77 | What Is UNITREE? Unitree Robotics is a global leader in high-performance legged robotics, specializing in quadruped and humanoid robots for research, inspection, and emergency response. $UNITREE is a tokenized asset that tracks #UNITREE stock 1:1 on-chain. Now you can trade it on SunX with $UNITREE/USDT, 24/7. 👉 @SunX_DEX on X ↗ |
| 09-17 17:43 | Paragon | Other | $TREAD led Paragon markets over the past 24h at +25.99%, ahead of $SMCI at +10.56% and $ANSEM at +9.29%, with $UNITREE up 6.50%. @tradeparagon on X ↗ |


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