Funding you earn now, next payment 21:00 UTC−0.0540%/8h= −59.1% APRnext payment −$0.68 per $10,000 · paid last 24h −0.156%
Price spread now: ApeX Omni against Lighter−0.554%108s7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 3 days (all we have)+0.512%+$51 · spread now −0.554%, 7d avg −0.086%
=Together, before fees+0.245%+ Points / potential airdropLighter: Season 3 · farm board+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and ApeX Omni is 0.468% cheaper against Lighter than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of −0.086%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.267% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.68 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 UNI | 8.8792 | 0.0640 | pay 0.0080% / 1h | 31m 44s | $4.6M | $5.3M | 15x |
| Short | ApeX Omni UNIUSDT | 8.8300 | 0.0100 | get 0.0013% / 1h | 31m 44s | $83K | $726K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$113.4
- Price spread: −0.554% → −0.086%
- −$46.85
- Slippage, 4 orders
- −$31.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$201.68
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; ApeX Omni: live order book, 17 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, 7 min ago | 0.96 bp | 8.6 bp −$9 | 16.1 bp −$161 | 80.7 bp −$8,067 | doesn't fit |
| Sell ApeX Omni live order book, 17 min ago | 3.98 bp | 11.8 bp −$12 | 112.8 bp −$1,128 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0206% | 8h | 8.8156 | −0.716% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0203% | 8h | 8.8570 | −0.250% | $103.4M | $105.3M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8489 | −0.341% | $61K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0005% | 8h | 8.8610 | −0.205% | $54.8M | $248.3M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 8.8546 | −0.277% | $442 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8598 | −0.219% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8483 | −0.349% | $852K | $3.9M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8698 | −0.106% | $96.3M | $59.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8580 | −0.239% | $1.1M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8630 | −0.182% | $299K | $564K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8610 | −0.205% | $217.2M | $597.6M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8580 | −0.239% | $273K | $596K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8560 | −0.261% | $22.7M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8610 | −0.205% | $43.2M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8580 | −0.239% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8550 | −0.273% | $32.0M | $41.2M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8550 | −0.273% | — | $50.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8578 | −0.241% | $980K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8246 | −0.615% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8241 | −0.620% | $619K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDTshort | +0.0100% | 1h | 8.8300 | −0.554% | $83K | $726K | 50x | |
| StandX UNI-USD | +0.0100% | 1h | 8.8320 | −0.532% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8500 | −0.329% | $89K | $341K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8530 | −0.295% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8511 | −0.316% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8550 | −0.273% | $25K | $670K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8697 | −0.107% | $704K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8570 | −0.250% | $26.7M | $4.3M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0103% | 1h | 8.8610 | −0.205% | $553K | $129K | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8487 | −0.344% | $308K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8506 | −0.322% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0192% | 1h | 8.8620 | −0.194% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | −0.261% | $9.8M | $3.3M | 75x | as long as short |
| dYdX UNI-USD | +0.0228% | 1h | 8.8619 | −0.194% | $245K | $5K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0317% | 1h | 8.8617 | −0.197% | $5.0M | $7.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0358% | 1h | 8.8437 | −0.400% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0321% | 1h | 8.8478 | −0.353% | $554K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0579% | 1h | 8.8318 | −0.533% | $1K | $51K | 10x | as long as short |
| Lighter UNIlong | +0.0640% | 1h | 8.8792 | long leg | $4.6M | $5.3M | 15x | |
| Injective UNI/USDC PERP | +0.4514% | 1h | 8.7900 | −1.005% | $657 | $97K | 12x | as long as short |
Lighter UNI
ApeX Omni UNIUSDT
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Deribit UNI_USDC-PERPETUAL
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Injective UNI/USDC PERP