Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0567%/8h= −62.1% APRnext payment $0.71 per $10,000 · paid last 24h −0.021%
Price spread now: Injective against Lighter−0.230%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.851%−$85 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Injective is 0.230% cheaper against Lighter than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter UNI8.81030.0600pay 0.0075% / 1h58m 38s$4.5M$5.2M15x
ShortInjective UNI/USDC PERP8.79000.0033get 0.0004% / 1h58m 38s$657$96K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$119
Price spread: −0.230% → 0.000%
−$23.04
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$142.06
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago0.85 bp8.0 bp −$817.3 bp −$17395.5 bp −$9,553doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado UNI-PERP−0.0102%1h8.7797−0.347%$849K$4.0M10xas long as short
Variational Omni UNI−0.0101%8h8.7671−0.490%$3.9M$4.6Mas long as short
Bybit UNIUSDT−0.0054%8h8.7900−0.230%$100.5M$106.4M75xas long as short
dYdX UNI-USD0.0000%1h8.7943−0.182%$244K$6K10xas long as short
Deribit UNI_USDC-PERPETUAL0.0000%1h8.7928−0.199%$561K$156K50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0006%1h8.7879−0.254%$79K150xas long as short
Injective UNI/USDC PERPshort+0.0033%1h8.7900−0.230%$657$96K12x
OKX UNI-USDT-SWAP+0.0038%8h8.7910−0.219%$54.4M$245.7M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.7907−0.222%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.7955−0.168%$1.0M$3.4M50xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica UNI+0.0100%1h8.7940−0.185%$297K$575K10xas long as short
Binance UNIUSDT+0.0100%8h8.7932−0.194%$215.0M$597.7M75xas long as short
Arcus UNI-USD+0.0100%1h8.8010−0.106%$271K$612K10xas long as short
Gate UNI_USDT+0.0100%8h8.7910−0.219%$22.8M$58.1M75xas long as short
MEXC UNI_USDT+0.0100%8h8.7930−0.196%$42.4M$24.3M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.7910−0.219%$13.5M$13.9M75xas long as short
Bitget UNIUSDT+0.0100%8h8.7910−0.219%$31.8M$41.6M75xas long as short
BingX UNI-USDT+0.0100%8h8.7920−0.208%$52.0Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.7953−0.170%$975K$2.3M10xas long as short
edgeX UNIUSDC+0.0100%4h8.7729−0.424%$165K$344K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.7671−0.491%$612K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.7770−0.378%$83K$713K50xas long as short
StandX UNI-USD+0.0100%1h8.7810−0.333%$105K$3.2M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.7854−0.283%$86K$348K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.7850−0.287%$15K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h8.7803−0.341%$36K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h8.7858−0.278%$25K$668K10xas long as short
HTX UNI-USDT+0.0100%8h8.8042−0.069%$720K$4.4M75xas long as short
Phemex UNIUSDT+0.0100%8h8.7900−0.230%$26.4M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.7852−0.285%$299K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h8.7886−0.246%$31K$1K3xas long as short
01 Exchange UNIUSD+0.0144%1h8.7863−0.272%$43810xas long as short
BloFin UNI-USDT+0.0220%8h8.7880−0.253%$9.8M$3.4M75xas long as short
Coinbase International UNI-PERP-INTX+0.0224%1h8.7900−0.230%$1.0M$5.3M50xas long as short
Kraken Futures PF_UNIUSD+0.0345%1h8.7856−0.281%$4.9M$7.2M50xas long as short
Reya UNIRUSDPERP+0.0361%1h8.7807−0.335%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0379% / S −0.0320%1h8.7878−0.255%$551K120xas long as short
Hyperliquid UNI+0.0494%1h8.8050−0.060%$96.3M$60.0M10xas long as short
Lighter UNIlong+0.0600%1h8.8103long leg$4.5M$5.2M15x
Aftermath Perps UNIUSD+0.0628%1h8.7942−0.183%$1K$50K10xas long as short