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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNITREE | 74.251 | 0.0976 | pay 0.0122% / 1h | 15m 35s | $201K | $72K | 5x |
| Short | tradeXYZ xyz:UNITREE | 74.244 | 0.1287 | get 0.0161% / 1h | 15m 35s | $21.3M | $7.0M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 45 min ago | 0.14 bp | 4.3 bp −$4 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.21 bp | 12.4 bp −$12 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNITREEUSDT | 0.0000% | 8h | 74.140 | −0.149% | $1.3M | $1.4M | 25x | as long as short |
| OKX UNITREE-USDT-SWAP | 0.0000% | 8h | 74.100 | −0.203% | $4.9M | $9.6M | 20x | as long as short |
| Gate UNITREE_USDT | 0.0000% | 4h | 74.114 | −0.185% | $4.7M | $3.1M | 50x | as long as short |
| SunX UNITREE-USDT | 0.0000% | 4h | 73.890 | −0.486% | — | $6.6M | 10x | as long as short |
| HTX UNITREE-USDT | 0.0000% | 4h | 74.125 | −0.170% | $67K | $217K | 20x | as long as short |
| SoDEX UNITREE-USD | +0.0050% | 1h | 74.100 | −0.203% | $16K | $4K | 5x | as long as short |
| ApeX Omni UNITREEUSDT | +0.0100% | 1h | 74.070 | −0.244% | $24K | $149K | 50x | as long as short |
| Orderly PERP_UNITREE_USDC_mythos | +0.0100% | 8h | 74.060 | −0.257% | $2K | $1K | 10x | as long as short |
| Aster UNITREEUSDT | +0.0151% | 4h | 74.000 | −0.339% | $286K | $144K | 20x | as long as short |
| Bullet UNITREE-USD | +0.0174% | 1h | 74.140 | −0.149% | $4K | $16K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget UNITREEUSDT | +0.0440% | 4h | 74.070 | −0.244% | $1.6M | $1.4M | 20x | as long as short |
| Extended UNITREE-USD | +0.0568% | 1h | 74.066 | −0.249% | $257K | $13K | 5x | as long as short |
| MEXC UNITREE_USDT | +0.0570% | 4h | 74.090 | −0.217% | $3.1M | $304K | 50x | as long as short |
| Binance UNITREEUSDT | +0.0576% | 4h | 74.080 | −0.230% | $12.8M | $18.7M | 20x | as long as short |
| Polymarket Perps UNITREE-USD | +0.0605% | 1h | 74.233 | −0.024% | $3K | $22K | 10x | as long as short |
| edgeX UNITREEUSDC | +0.0658% | 4h | 74.098 | −0.206% | $91K | $1.1M | 10x | as long as short |
| Lighter UNITREElong | +0.0976% | 1h | 74.251 | long leg | $201K | $72K | 5x | |
| tradeXYZ xyz:UNITREEshort | +0.1287% | 1h | 74.244 | −0.009% | $21.3M | $7.0M | 10x | |
| Ondo Perps UNITREE-USD.P | +0.1809% | 1h | 74.210 | −0.055% | $17K | $2K | 5x | as long as short |
| Paragon para:UNITREE | +0.2380% | 1h | 74.107 | −0.194% | $1.8M | $253K | 10x | as long as short |
Lighter UNITREE
tradeXYZ xyz:UNITREE
Bybit UNITREEUSDT
OKX UNITREE-USDT-SWAP
Gate UNITREE_USDT
SunX UNITREE-USDT
HTX UNITREE-USDT
SoDEX UNITREE-USD
ApeX Omni UNITREEUSDT
Aster UNITREEUSDT
Bullet UNITREE-USD
Bitget UNITREEUSDT
Extended UNITREE-USD
MEXC UNITREE_USDT
Binance UNITREEUSDT
Polymarket Perps UNITREE-USD
edgeX UNITREEUSDC
Paragon para:UNITREE