Funding you earn now, next payment 02:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.214%
Price spread now: Variational Omni against Lighter−0.837%7-day average −0.145% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.344%−$34 on $10k
+Price spread, last 7 days+0.643%+$64 · spread now −0.837%, 7d avg −0.145%
=Together, before fees+0.299%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.693% cheaper against Lighter than usual: you would sell low and buy high (−$69 if the spread goes back to its 7-day average of −0.145%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 9.0378 | 0.0440 | pay 0.0055% / 1h | 43m 54s | $4.6M | $5.3M | 15x |
| Short | Variational Omni UNI | 8.9621 | 0.0100 | get 0.0100% / 8h | 6h 43m | $4.1M | $4.3M | — |
Lighter UNI
Variational Omni UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$71.4
- Price spread: −0.837% → −0.145%
- −$69.3
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$140.7
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; Variational Omni: RFQ quote, just now. Net counts fees only.
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, 9 min ago | 1.55 bp | 8.5 bp −$9 | 20.7 bp −$207 | 91.5 bp −$9,146 | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.27 bp | doesn't fit | 19.5 bp −$195 | 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 −0.0004% | 1h | 9.0045 | −0.368% | $37K | — | 150x | as long as short |
| dYdX UNI-USD | +0.0027% | 1h | 8.9636 | −0.821% | $236K | $30K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −2.299% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.9787 | −0.654% | $448 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9905 | −0.523% | $933K | $4.3M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 9.0154 | −0.248% | $98.1M | $60.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0246 | −0.146% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9627 | −0.831% | $294K | $582K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0141 | −0.262% | $224.6M | $610.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0110 | −0.297% | $101.0M | $107.8M | 75x | as long as short |
gTrade (Gains Network) UNI/USD
dYdX UNI-USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.0080 | −0.330% | $55.6M | $254.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9830 | −0.606% | $274K | $616K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0140 | −0.263% | $23.0M | $58.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0140 | −0.263% | $50.0M | $25.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0280 | −0.108% | $13.4M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0070 | −0.341% | $33.0M | $42.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0120 | −0.285% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0282 | −0.106% | $989K | $2.4M | 10x | as long as short |
| Variational Omni UNIshort | +0.0100% | 8h | 8.9621 | −0.837% | $4.1M | $4.3M | — | |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9787 | −0.654% | $169K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9996 | −0.422% | $635K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9780 | −0.662% | $88K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9590 | −0.872% | $55K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9883 | −0.548% | $85K | $409K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.0190 | −0.208% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0242 | −0.150% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0170 | −0.230% | $22K | $715K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0220 | −0.175% | $717K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0270 | −0.119% | $27.2M | $4.6M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9664 | −0.790% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0122 | −0.283% | $300K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0195 | −0.202% | $32K | — | 3x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9940 | −0.485% | $10.3M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.0230 | −0.164% | $1.1M | $4.7M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0368% | 1h | 8.9873 | −0.559% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0245% | 1h | 8.9941 | −0.484% | $641K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0425% | 1h | 9.0212 | −0.184% | $5.0M | $6.9M | 50x | as long as short |
| Lighter UNIlong | +0.0440% | 1h | 9.0378 | long leg | $4.6M | $5.3M | 15x | |
| Deribit UNI_USDC-PERPETUAL | +0.0582% | 1h | 9.0250 | −0.141% | $583K | $187K | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.1006% | 1h | 8.9909 | −0.519% | $938 | $49K | 10x | as long as short |
OKX UNI-USDT-SWAP
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Deribit UNI_USDC-PERPETUAL
Aftermath Perps UNIUSD