Funding you earn now, next payment 03:00 UTC−0.0500%/8h= −54.7% APRpaid last 24h −0.185%
Price spread now: edgeX against Lighter−0.043%49s7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as 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−$280.277% of the position
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.043%, 7d avg −0.146%
=Together, before fees−0.340%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.103% dearer against Lighter than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.146%): +$10 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.300% in total) that is about 2.4 days. The two prices were read 49 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 -0.300% in total (about -15.6% a year). A funding rate is set anew for every payment. 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 | 9.1169 | 0.0600 | pay 0.0075% / 1h | 28m 39s | $4.7M | $5.7M | 15x |
| Short | edgeX UNIUSDC | 9.1129 | 0.0100 | get 0.0050% / 4h | 1h 28m | $172K | $346K | 20x |
Lighter UNI
edgeX UNIUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$105
- Price spread: −0.043% → −0.146%
- $10.31
- Slippage, 4 orders
- −$18.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$122.43
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; edgeX: live order book, 35 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 | 2.40 bp | 7.9 bp −$8 | 17.8 bp −$178 | 76.9 bp −$7,688 | doesn't fit |
| Sell edgeX live order book, 35 min ago | 2.18 bp | 6.7 bp −$7 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0008% | 1h | 9.1224 | +0.061% | $28K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.147% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0056% | 1h | 9.1175 | +0.007% | $455 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1147 | −0.024% | $943K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1201 | +0.035% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1072 | −0.106% | $297K | $567K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1040 | −0.141% | $226.6M | $609.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0970 | −0.218% | $102.4M | $108.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.0990 | −0.196% | $56.1M | $252.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1090 | −0.087% | $288K | $614K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1120 | −0.054% | $23.4M | $59.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1060 | −0.120% | $49.1M | $25.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1040 | −0.141% | $13.6M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1000 | −0.185% | $33.3M | $42.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.0990 | −0.196% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1142 | −0.030% | $990K | $2.2M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1396 | +0.249% | $4.3M | $4.3M | — | as long as short |
| edgeX UNIUSDCshort | +0.0100% | 4h | 9.1129 | −0.043% | $172K | $346K | 20x | |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1340 | +0.188% | $635K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1490 | +0.352% | $90K | $694K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1170 | +0.001% | $40K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1218 | +0.054% | $88K | $412K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1170 | +0.001% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1212 | +0.047% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1140 | −0.032% | $22K | $760K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1278 | +0.120% | $715K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1150 | −0.021% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1000 | −0.185% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0955 | −0.235% | $305K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1171 | +0.002% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0118% | 1h | 9.1052 | −0.129% | $240K | $30K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0157% | 1h | 9.1236 | +0.073% | $584K | $194K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1150 | −0.021% | $10.4M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 9.1192 | +0.025% | $5.1M | $7.3M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.1270 | +0.111% | $1.1M | $5.1M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0370% | 1h | 9.1168 | −0.001% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1221 | +0.057% | $649K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0521% | 1h | 9.1238 | +0.076% | $98.9M | $59.9M | 10x | as long as short |
| Lighter UNIlong | +0.0600% | 1h | 9.1169 | long leg | $4.7M | $5.7M | 15x | |
| Aftermath Perps UNIUSD | +0.0947% | 1h | 9.1266 | +0.106% | $926 | $47K | 10x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
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
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD