Funding you earn now, next payment 01:00 UTC−0.0612%/8h= −67.0% APRnext payment −$0.77 per $10,000 · paid last 24h −0.182%
Price spread now: StandX against Lighter−0.224%46s7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$470.473% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.224%, 7d avg −0.042%
=Together, before fees−0.214%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and StandX is 0.182% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.042%). Swap the legs. The two prices were read 46 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 -0.284% in total (about -14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.77 per $10,000. 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 | 9.0222 | 0.0712 | pay 0.0089% / 1h | 50m 45s | $4.6M | $5.2M | 15x |
| Short | StandX UNI-USD | 9.0020 | 0.0100 | get 0.0013% / 1h | 50m 45s | $36K | $3.3M | 20x |
Lighter UNI
StandX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$128.52
- Price spread: −0.224% → −0.042%
- −$18.16
- Slippage, 4 orders
- −$39.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$194.02
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; StandX: 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 | 1.22 bp | 5.6 bp −$6 | 15.5 bp −$155 | 75.6 bp −$7,557 | doesn't fit |
| Sell StandX live order book, 3 min ago | 6.13 bp | 22.3 bp −$22 | 54.0 bp −$540 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni UNIUSDT | −0.0151% | 1h | 8.9820 | −0.446% | $88K | $707K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9943 | −0.309% | $62K | — | 150x | as long as short |
| 01 Exchange UNIUSD | +0.0024% | 1h | 8.9854 | −0.408% | $448 | — | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −2.130% | $660 | $154K | 12x | as long as short |
| Gate UNI_USDT | +0.0068% | 8h | 9.0070 | −0.168% | $22.9M | $57.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0091% | 8h | 9.0020 | −0.224% | $55.1M | $248.9M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9800 | −0.468% | $950K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0063 | −0.177% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0044 | −0.197% | $299K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0022 | −0.222% | $222.9M | $591.2M | 75x | as long as short |
ApeX Omni UNIUSDT
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Injective UNI/USDC PERP
Gate UNI_USDT
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 9.0040 | −0.202% | $101.5M | $106.3M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.0170 | −0.058% | $267K | $618K | 10x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0020 | −0.224% | $44.0M | $23.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0020 | −0.224% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0120 | −0.113% | $33.1M | $42.0M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.0110 | −0.124% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0025 | −0.218% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9871 | −0.389% | $4.1M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9772 | −0.498% | $169K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0021 | −0.222% | $633K | $2.5M | 10x | as long as short |
| StandX UNI-USDshort | +0.0100% | 1h | 9.0020 | −0.224% | $36K | $3.3M | 20x | |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9868 | −0.392% | $85K | $375K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9940 | −0.313% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0021 | −0.223% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9955 | −0.296% | $21K | $680K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0115 | −0.119% | $724K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9990 | −0.257% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0025 | −0.219% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0119 | −0.115% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9975 | −0.274% | $32K | — | 3x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9980 | −0.268% | $10.0M | $3.5M | 75x | as long as short |
| Hyperliquid UNI | +0.0249% | 1h | 9.0059 | −0.181% | $98.6M | $59.6M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0254% | 1h | 9.0009 | −0.236% | $580K | $178K | 50x | as long as short |
| dYdX UNI-USD | +0.0264% | 1h | 9.0009 | −0.236% | $248K | $7K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.0060 | −0.180% | $1.1M | $5.5M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9828 | −0.437% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 8.9946 | −0.306% | $569K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0390% | 1h | 9.0026 | −0.218% | $5.0M | $7.0M | 50x | as long as short |
| Lighter UNIlong | +0.0712% | 1h | 9.0222 | long leg | $4.6M | $5.2M | 15x | |
| Aftermath Perps UNIUSD | +0.0848% | 1h | 8.9989 | −0.258% | $1K | $49K | 10x | as long as short |
Bybit UNIUSDT
Arcus UNI-USD
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
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
BloFin UNI-USDT
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD