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

UNITREE

RWAall UNITREE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0311%/8h= +34.1% APRnext payment +$0.39 per $10,000 · paid last 24h −0.007%
Price spread now: tradeXYZ against Lighter−0.009%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.009%, 7d avg +0.058%
Together, before fees+0.110%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.067% cheaper against Lighter than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.058%). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNITREE74.2510.0976pay 0.0122% / 1h15m 35s$201K$72K5x
ShorttradeXYZ xyz:UNITREE74.2440.1287get 0.0161% / 1h15m 35s$21.3M$7.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter. 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
$65.32
Price spread: −0.009% → +0.058%
−$6.73
Slippage, 4 orders
−$14.28
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$26.31
Costs to cover
0.323%
Break-even
4.2 days
Slippage from Lighter: live order book, 45 min ago; tradeXYZ: live order book, 3 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 Lighter live order book, 45 min ago0.14 bp4.3 bp −$421.0 bp −$210doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago1.21 bp12.4 bp −$12doesn't fitdoesn'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
Bybit UNITREEUSDT0.0000%8h74.140−0.149%$1.3M$1.4M25xas long as short
OKX UNITREE-USDT-SWAP0.0000%8h74.100−0.203%$4.9M$9.6M20xas long as short
Gate UNITREE_USDT0.0000%4h74.114−0.185%$4.7M$3.1M50xas long as short
SunX UNITREE-USDT0.0000%4h73.890−0.486%$6.6M10xas long as short
HTX UNITREE-USDT0.0000%4h74.125−0.170%$67K$217K20xas long as short
SoDEX UNITREE-USD+0.0050%1h74.100−0.203%$16K$4K5xas long as short
ApeX Omni UNITREEUSDT+0.0100%1h74.070−0.244%$24K$149K50xas long as short
Orderly PERP_UNITREE_USDC_mythos+0.0100%8h74.060−0.257%$2K$1K10xas long as short
Aster UNITREEUSDT+0.0151%4h74.000−0.339%$286K$144K20xas long as short
Bullet UNITREE-USD+0.0174%1h74.140−0.149%$4K$16K10xas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget UNITREEUSDT+0.0440%4h74.070−0.244%$1.6M$1.4M20xas long as short
Extended UNITREE-USD+0.0568%1h74.066−0.249%$257K$13K5xas long as short
MEXC UNITREE_USDT+0.0570%4h74.090−0.217%$3.1M$304K50xas long as short
Binance UNITREEUSDT+0.0576%4h74.080−0.230%$12.8M$18.7M20xas long as short
Polymarket Perps UNITREE-USD+0.0605%1h74.233−0.024%$3K$22K10xas long as short
edgeX UNITREEUSDC+0.0658%4h74.098−0.206%$91K$1.1M10xas long as short
Lighter UNITREElong+0.0976%1h74.251long leg$201K$72K5x
tradeXYZ xyz:UNITREEshort+0.1287%1h74.244−0.009%$21.3M$7.0M10x
Ondo Perps UNITREE-USD.P+0.1809%1h74.210−0.055%$17K$2K5xas long as short
Paragon para:UNITREE+0.2380%1h74.107−0.194%$1.8M$253K10xas long as short