Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.192%
Price spread now: Polymarket Perps against Lighter−0.240%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 4 days (all we have)+0.624%+$62 · spread now −0.240%, 7d avg −0.118%
=Together, before fees+0.237%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.122% cheaper against Lighter than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.9098 | 0.0096 | pay 0.0012% / 1h | 21m 51s | $4.5M | $5.9M | 15x |
| Short | Polymarket Perps UNI-USD | 8.8884 | 0.0100 | get 0.0013% / 1h | 21m 51s | $86K | $437K | 10x |
Lighter UNI
Polymarket Perps UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0.84
- Price spread: −0.240% → −0.118%
- −$12.22
- Slippage, 4 orders
- −$17.19
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.57
- Costs to cover
- 0.252%
- Break-even
- 311.7 days
Slippage from Lighter: live order book, 6 min ago; Polymarket Perps: live order book, 30 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, 6 min ago | 0.67 bp | 5.9 bp −$6 | 19.8 bp −$198 | 88.5 bp −$8,854 | doesn't fit |
| Sell Polymarket Perps live order book, 30 min ago | 3.16 bp | 7.4 bp −$7 | 8.1 bp −$81 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.8722 | −0.422% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8937 | −0.181% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.896% | $660 | $154K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0052% | 1h | 8.9060 | −0.043% | $571K | $208K | 50x | as long as short |
| Lighter UNIlong | +0.0096% | 1h | 8.9098 | long leg | $4.5M | $5.9M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8741 | −0.400% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8860 | −0.267% | $943K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9023 | −0.084% | $94.6M | $64.5M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9094 | −0.004% | $779K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8860 | −0.267% | $289K | $608K | 10x | as long as short |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
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 | 8.9040 | −0.065% | $219.8M | $649.6M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9000 | −0.110% | $99.9M | $111.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9020 | −0.088% | $54.0M | $261.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8860 | −0.267% | $315K | $664K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9040 | −0.065% | $23.6M | $64.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8870 | −0.256% | $47.2M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9060 | −0.043% | $13.2M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9040 | −0.065% | $32.9M | $45.8M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9040 | −0.065% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8944 | −0.173% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9508 | +0.461% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9522 | +0.475% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9410 | +0.350% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9600 | +0.563% | $92K | $702K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9330 | +0.260% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USDshort | +0.0100% | 1h | 8.8884 | −0.240% | $86K | $437K | 10x | |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8990 | −0.121% | $16K | $1.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9061 | −0.042% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8990 | −0.121% | $31K | $818K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9140 | +0.047% | $698K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9000 | −0.110% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8811 | −0.323% | $287K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8990 | −0.122% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8980 | −0.132% | $925K | $5.7M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9210 | +0.126% | $10.2M | $3.5M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0273% | 1h | 8.9049 | −0.055% | $4.9M | $8.1M | 50x | as long as short |
| dYdX UNI-USD | +0.0276% | 1h | 8.8774 | −0.364% | $234K | $30K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8867 | −0.259% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8911 | −0.210% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0768% | 1h | 8.9508 | +0.460% | $931 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD