Funding you earn now, next payment 03:00 UTC+0.0214%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.112%
Price spread now: Lighter against Reya+0.091%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.091% dearer against Reya than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya UNIRUSDPERP | 9.1412 | 0.0370 | pay 0.0046% / 1h | 26m 06s | $17K | — | 20x |
| Short | Lighter UNI | 9.1496 | 0.0584 | get 0.0073% / 1h | 26m 06s | $4.7M | $5.7M | 15x |
Reya UNIRUSDPERP
Lighter UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Reya. 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
- $44.88
- Price spread: +0.091% → 0.000%
- $9.14
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $48.02
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Reya: no order-book sample; Lighter: live order book, 7 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 2.40 bp | 6.4 bp −$6 | 24.9 bp −$249 | 148.2 bp −$14.8K | doesn't fit |
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0008% | 1h | 9.1457 | +0.049% | $28K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.405% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 9.1451 | +0.042% | $456 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1395 | −0.019% | $945K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1499 | +0.094% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1379 | −0.037% | $298K | $567K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1400 | −0.014% | $227.5M | $609.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1380 | −0.035% | $102.8M | $107.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1380 | −0.035% | $56.3M | $253.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1480 | +0.074% | $290K | $614K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1350 | −0.068% | $23.5M | $59.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1420 | +0.008% | $49.3M | $25.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1390 | −0.025% | $13.7M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1350 | −0.068% | $33.5M | $42.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1390 | −0.025% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1422 | +0.010% | $991K | $2.2M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1396 | −0.018% | $4.3M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1208 | −0.224% | $172K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1134 | −0.305% | $632K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1490 | +0.085% | $90K | $694K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1050 | −0.396% | $40K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1504 | +0.100% | $88K | $413K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1420 | +0.008% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1519 | +0.117% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1340 | −0.079% | $22K | $760K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1480 | +0.074% | $716K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1380 | −0.035% | $27.6M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1336 | −0.083% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1291 | −0.133% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1430 | +0.019% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0142% | 1h | 9.1381 | −0.035% | $241K | $30K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1130 | −0.309% | $10.4M | $3.6M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0247% | 1h | 9.1444 | +0.035% | $586K | $193K | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 9.1457 | +0.049% | $5.1M | $7.4M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.1440 | +0.030% | $1.1M | $5.1M | 50x | as long as short |
| Reya UNIRUSDPERPlong | +0.0370% | 1h | 9.1412 | long leg | $17K | — | 20x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1447 | +0.038% | $651K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0521% | 1h | 9.1515 | +0.112% | $99.3M | $60.0M | 10x | as long as short |
| Lighter UNIshort | +0.0584% | 1h | 9.1496 | +0.091% | $4.7M | $5.7M | 15x | |
| Aftermath Perps UNIUSD | +0.0897% | 1h | 9.1253 | −0.175% | $967 | $47K | 10x | as long as short |
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
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
dYdX UNI-USD
BloFin UNI-USDT
Deribit UNI_USDC-PERPETUAL
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD