Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.190%
Price spread now: Lighter against 01 Exchange−0.113%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.113% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.9 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange UNIUSD8.92810get 0.0000% / 1h21m 30s$446$510x
ShortLighter UNI8.91800.0096get 0.0012% / 1h21m 30s$4.5M$5.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$20.16
Price spread: −0.113% → 0.000%
−$11.31
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$1.85
Costs to cover
0.070%
Break-even
6.4 days
Slippage unknown: 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy 01 Exchange no order-book sample
Sell Lighter live order book, 7 min ago0.67 bp4.6 bp −$517.3 bp −$173111.4 bp −$11.1Kdoesn't fit
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange UNIUSDlong0.0000%1h8.9281long leg$446$510x
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h8.8937−0.386%$49K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−1.099%$660$154K12xas long as short
Deribit UNI_USDC-PERPETUAL+0.0052%1h8.9060−0.248%$571K$208K50xas long as short
Lighter UNIshort+0.0096%1h8.9180−0.113%$4.5M$5.9M15x
Paradex UNI-USD-PERP+0.0100%8h8.9145−0.153%$25K20xas long as short
Nado UNI-PERP+0.0100%1h8.9255−0.029%$943K$4.5M10xas long as short
Hyperliquid UNI+0.0100%1h8.9357+0.085%$95.0M$64.6M10xas long as short
Aster UNIUSDT+0.0100%8h8.9256−0.028%$780K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.9150−0.147%$290K$608K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.9306+0.028%$220.4M$649.2M75xas long as short
Bybit UNIUSDT+0.0100%8h8.9260−0.024%$100.1M$111.9M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.9280−0.001%$54.1M$261.5M50xas long as short
Arcus UNI-USD+0.0100%1h8.9280−0.001%$320K$664K10xas long as short
Gate UNI_USDT+0.0100%8h8.9160−0.136%$23.7M$64.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.9140−0.158%$47.3M$26.1M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.9040−0.270%$13.1M$13.3M75xas long as short
Bitget UNIUSDT+0.0100%8h8.9270−0.012%$32.9M$45.8M75xas long as short
BingX UNI-USDT+0.0100%8h8.9140−0.158%$56.7Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8944−0.377%$1.0M$2.3M10xas long as short
Variational Omni UNI+0.0100%8h8.9508+0.255%$4.2M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.9270−0.013%$169K$345K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.9410+0.144%$621K$2.8M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.9340+0.066%$91K$701K50xas long as short
StandX UNI-USD+0.0100%1h8.9330+0.055%$15K$3.4M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h8.9286+0.006%$87K$438K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8990−0.326%$16K$1.4M10xas long as short
SunX UNI-USDT+0.0100%8h8.9061−0.246%$36K$1.4M30xas long as short
SoDEX UNI-USD+0.0100%1h8.8990−0.326%$31K$818K10xas long as short
HTX UNI-USDT+0.0100%8h8.9140−0.158%$698K$4.9M75xas long as short
Phemex UNIUSDT+0.0100%8h8.9000−0.315%$26.9M$4.4M50xas long as short
Extended UNI-USD+0.0104%1h8.9108−0.194%$287K$1.6M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8990−0.326%$32K3xas long as short
Coinbase International UNI-PERP-INTX+0.0216%1h8.8980−0.337%$925K$5.7M50xas long as short
BloFin UNI-USDT+0.0220%8h8.9210−0.080%$10.2M$3.5M75xas long as short
dYdX UNI-USD+0.0270%1h8.9164−0.131%$235K$30K10xas long as short
Kraken Futures PF_UNIUSD+0.0273%1h8.9049−0.260%$4.9M$8.1M50xas long as short
Reya UNIRUSDPERP+0.0375%1h8.9271−0.011%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8911−0.414%$633K120xas long as short
Aftermath Perps UNIUSD+0.0768%1h8.9508+0.254%$931$45K10xas long as short