Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.218%
Price spread now: Lighter against Bybit+0.067%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days+0.404%+$40 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.067%, 7d avg +0.164%
=Together, before fees+0.418%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.096% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNIUSDT | 8.9120 | 0.0100 | pay 0.0100% / 8h | 3h 21m | $99.9M | $111.9M | 75x |
| Short | Lighter UNI | 8.9180 | 0.0096 | get 0.0012% / 1h | 21m 37s | $4.5M | $5.9M | 15x |
Bybit UNIUSDT
Lighter UNIFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.067% → +0.164%
- −$9.64
- Slippage, 4 orders
- −$17.31
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$38.79
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Lighter: live order book, 6 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 Bybit live order book, 2 min ago | 0.56 bp | 8.5 bp −$9 | 16.4 bp −$164 | 40.1 bp −$4,010 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.67 bp | 4.6 bp −$5 | 17.3 bp −$173 | 111.4 bp −$11.1K | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.8722 | −0.447% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8937 | −0.206% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.920% | $660 | $154K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0052% | 1h | 8.9060 | −0.068% | $571K | $208K | 50x | as long as short |
| Lighter UNIshort | +0.0096% | 1h | 8.9180 | +0.067% | $4.5M | $5.9M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9145 | +0.028% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8860 | −0.292% | $943K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9141 | +0.024% | $94.8M | $64.5M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9130 | +0.012% | $779K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9150 | +0.034% | $290K | $608K | 10x | as long as short |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9152 | +0.036% | $220.1M | $649.1M | 75x | as long as short |
| Bybit UNIUSDTlong | +0.0100% | 8h | 8.9120 | long leg | $99.9M | $111.9M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9130 | +0.011% | $54.1M | $261.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9280 | +0.180% | $320K | $664K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9160 | +0.045% | $23.7M | $64.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9140 | +0.022% | $47.3M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9040 | −0.090% | $13.1M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9130 | +0.011% | $32.9M | $45.8M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9140 | +0.022% | — | $56.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8944 | −0.197% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9508 | +0.436% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9522 | +0.451% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9410 | +0.325% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9600 | +0.539% | $92K | $702K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9330 | +0.236% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8884 | −0.265% | $86K | $437K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8990 | −0.146% | $16K | $1.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9061 | −0.066% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8990 | −0.146% | $31K | $818K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9140 | +0.022% | $698K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9000 | −0.135% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9108 | −0.013% | $287K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8990 | −0.146% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8980 | −0.157% | $925K | $5.7M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9210 | +0.101% | $10.2M | $3.5M | 75x | as long as short |
| dYdX UNI-USD | +0.0270% | 1h | 8.9164 | +0.049% | $235K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0273% | 1h | 8.9049 | −0.080% | $4.9M | $8.1M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8867 | −0.284% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8911 | −0.234% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0768% | 1h | 8.9508 | +0.435% | $931 | $45K | 10x | as long as short |
Binance UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD