Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.209%
Price spread now: Lighter against OKX+0.306%7-day average +0.130% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days−0.278%−$28 · spread now +0.306%, 7d avg +0.130%
=Together, before fees+0.129%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.176% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.130%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNI-USDT-SWAP | 8.9860 | 0.0100 | pay 0.0100% / 8h | 3h 44m | $54.7M | $260.2M | 50x |
| Short | Lighter UNI | 9.0135 | 0.0112 | get 0.0014% / 1h | 44m 49s | $4.6M | $5.8M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $2.52
- Price spread: +0.306% → +0.130%
- $17.58
- Slippage, 4 orders
- −$16.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.09
- Costs to cover
- 0.262%
- Break-even
- 23.9 days
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 8 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 OKX live order book, 4 min ago | 0.55 bp | 7.4 bp −$7 | 14.0 bp −$140 | 53.1 bp −$5,310 | doesn't fit |
| Sell Lighter live order book, 8 min ago | 1.77 bp | 4.8 bp −$5 | 13.2 bp −$132 | 115.2 bp −$11.5K | 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 | 8.9947 | +0.096% | $37K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.736% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.9905 | +0.050% | $449 | $5 | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0073% | 1h | 9.0022 | +0.180% | $577K | $207K | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9845 | −0.017% | $964K | $4.4M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9985 | +0.139% | $97.2M | $62.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9999 | +0.154% | $808K | $3.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9941 | +0.090% | $292K | $605K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9935 | +0.084% | $221.1M | $642.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9900 | +0.045% | $101.1M | $111.4M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAPlong | +0.0100% | 8h | 8.9860 | long leg | $54.7M | $260.2M | 50x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.9990 | +0.145% | $314K | $653K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9950 | +0.100% | $23.7M | $63.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9970 | +0.122% | $47.2M | $25.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0020 | +0.178% | $13.4M | $13.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9860 | 0.000% | $33.1M | $45.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9930 | +0.078% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0024 | +0.183% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0239 | +0.422% | $4.2M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0306 | +0.496% | $170K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0227 | +0.408% | $639K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0320 | +0.512% | $95K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0270 | +0.456% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9894 | +0.038% | $86K | $433K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9950 | +0.100% | $16K | $1.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9951 | +0.101% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0000 | +0.156% | $21K | $801K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0078 | +0.243% | $710K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0020 | +0.178% | $27.2M | $4.4M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9896 | +0.040% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9870 | +0.011% | $291K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9996 | +0.151% | $32K | — | 3x | as long as short |
| Lighter UNIshort | +0.0112% | 1h | 9.0135 | +0.306% | $4.6M | $5.8M | 15x | |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 9.0000 | +0.156% | $939K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9980 | +0.134% | $10.2M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 9.0034 | +0.193% | $5.0M | $8.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0374% | 1h | 8.9852 | −0.009% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9931 | +0.079% | $640K | — | 120x | as long as short |
| dYdX UNI-USD | +0.0398% | 1h | 9.0004 | +0.160% | $237K | $30K | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0882% | 1h | 9.0317 | +0.509% | $937 | $46K | 10x | as long as short |
OKX UNI-USDT-SWAP
Lighter UNI
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
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
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD