Funding you earn now, next payment 03:00 UTC−0.0468%/8h= −51.2% APRpaid last 24h −0.212%
Price spread now: Bybit against Lighter−0.067%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days−0.397%−$40 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now −0.067%, 7d avg −0.165%
=Together, before fees−0.500%+ Points / potential airdropLighter: Season 3 · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.098% dearer against Lighter than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.165%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.397% in total) that is about 42 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 9.1511 | 0.0568 | pay 0.0071% / 1h | 9m 28s | $4.7M | $5.8M | 15x |
| Short | Bybit UNIUSDT | 9.1450 | 0.0100 | get 0.0100% / 8h | 5h 09m | $102.8M | $110.0M | 75x |
Lighter UNI
Bybit UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$98.28
- Price spread: −0.067% → −0.165%
- $9.84
- Slippage, 4 orders
- −$20.37
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.81
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Bybit: live order book, 5 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, 4 min ago | 1.90 bp | 2.1 bp −$2 | 9.1 bp −$91 | 85.2 bp −$8,517 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.55 bp | 9.9 bp −$10 | 17.8 bp −$178 | 41.0 bp −$4,102 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.1477 | −0.037% | $37K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.509% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0056% | 1h | 9.1537 | +0.028% | $457 | $5 | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0057% | 1h | 9.1776 | +0.289% | $588K | $193K | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1415 | −0.105% | $953K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1509 | −0.002% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1408 | −0.113% | $298K | $580K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1497 | −0.015% | $227.1M | $622.3M | 75x | as long as short |
| Bybit UNIUSDTshort | +0.0100% | 8h | 9.1450 | −0.067% | $102.8M | $110.0M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1450 | −0.067% | $56.6M | $257.5M | 50x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
OKX UNI-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.1590 | +0.086% | $290K | $618K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1440 | −0.078% | $23.4M | $62.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1510 | −0.001% | $49.3M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1490 | −0.023% | $13.7M | $13.0M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1450 | −0.067% | $33.5M | $43.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1460 | −0.056% | — | $56.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1660 | +0.163% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1627 | +0.127% | $4.3M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1809 | +0.326% | $173K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1990 | +0.523% | $640K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.2110 | +0.655% | $90K | $694K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.2020 | +0.556% | $57K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1502 | −0.010% | $87K | $419K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1730 | +0.239% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1763 | +0.275% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1705 | +0.212% | $22K | $772K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1840 | +0.360% | $724K | $4.5M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1720 | +0.228% | $27.7M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1463 | −0.053% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1394 | −0.128% | $312K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1669 | +0.173% | $33K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0121% | 1h | 9.1413 | −0.107% | $241K | $31K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.2030 | +0.567% | $10.6M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0267% | 1h | 9.1755 | +0.267% | $5.1M | $7.7M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.1830 | +0.349% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0371% | 1h | 9.1409 | −0.111% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1729 | +0.238% | $655K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0552% | 1h | 9.1624 | +0.123% | $99.9M | $61.6M | 10x | as long as short |
| Lighter UNIlong | +0.0568% | 1h | 9.1511 | long leg | $4.7M | $5.8M | 15x | |
| Aftermath Perps UNIUSD | +0.1035% | 1h | 9.1909 | +0.435% | $923 | $47K | 10x | as long as short |
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD