Funding you earn now, next payment 21:00 UTC−0.0634%/8h= −69.5% APRpaid last 24h −0.180%
Price spread now: OKX against Lighter−0.171%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.171%, 7d avg −0.127%
=Together, before fees−0.322%+ Points / potential airdropLighter: Season 3 · farm board−$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and OKX is 0.044% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.127%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.352% in total (about -18.4% 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 | 8.8792 | 0.0640 | pay 0.0080% / 1h | 31m 36s | $4.6M | $5.3M | 15x |
| Short | OKX UNI-USDT-SWAP | 8.8640 | 0.0006 | get 0.0006% / 8h | 3h 31m | $54.8M | $248.4M | 50x |
Lighter UNI
OKX UNI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$133.19
- Price spread: −0.171% → −0.127%
- −$4.38
- Slippage, 4 orders
- −$21.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$169.04
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; OKX: live order book, 3 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 OKX live order book, 3 min ago | 0.57 bp | 8.7 bp −$9 | 16.2 bp −$162 | 79.2 bp −$7,916 | 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 | 8.8620 | −0.194% | $103.5M | $105.2M | 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-SWAPshort | +0.0006% | 8h | 8.8640 | −0.171% | $54.8M | $248.4M | 50x | |
| 01 Exchange UNIUSD | +0.0096% | 1h | 8.8696 | −0.108% | $443 | — | 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 | 8.8615 | −0.199% | $850K | $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 | 8.8602 | −0.214% | $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 |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
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 | 8.8630 | −0.182% | $217.3M | $597.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8700 | −0.104% | $273K | $599K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8630 | −0.182% | $22.8M | $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 | 8.8650 | −0.160% | $32.1M | $41.2M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8600 | −0.216% | — | $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 | 8.8327 | −0.523% | $166K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8507 | −0.321% | $617K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8400 | −0.441% | $83K | $726K | 50x | as long as short |
| 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 | 8.8603 | −0.213% | $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 |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
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
Deribit UNI_USDC-PERPETUAL
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
Injective UNI/USDC PERP