UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.08 per $10,000 · paid last 24h −0.168%

Price spread now: ApeX Omni against Lighter+0.188%48s7-day average −0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as 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−$390.392% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.320%−$32 on $10k

Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.188%, 7d avg −0.096%

Together, before fees−0.550%+ Points / potential airdropLighter: Season 3 · farm board−$55 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.284% dearer against Lighter than usual: you sell high and buy low (spread +0.188% now, against its 7-day average of −0.096%): +$28 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.320% in total) that is about 6.2 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	8.9212	0.0168	pay 0.0021% / 1h	42m 17s	$4.5M	$5.4M	15x
Short	ApeX Omni UNIUSDT	8.9380	0.0100	get 0.0013% / 1h	42m 17s	$90K	$709K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee ApeX OmnibpOrdersPrice spread, now +0.188%Rate

Funding earned: −$14.28
Price spread: +0.188% → −0.096%: $28.43
Slippage, 4 orders: −$29.23
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$25.08
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 56 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, 6 min ago	2.57 bp	5.9 bp −$6	11.2 bp −$112	69.3 bp −$6,932	doesn't fit
Sell ApeX Omni live order book, 56 min ago	5.07 bp	15.3 bp −$15	103.3 bp −$1,033	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
Kraken Futures PF_UNIUSD	−0.0062%	1h	8.9137	−0.084%	$4.7M	$8.6M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9151	−0.068%	$591K	$273K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0005%	1h	8.9154	−0.065%	$77K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.022%	$660	$153K	12x	as long as short
Phemex UNIUSDT	+0.0087%	8h	8.9100	−0.126%	$26.9M	$4.4M	50x	as long as short
Nado UNI-PERP	+0.0099%	1h	8.9160	−0.058%	$732K	$4.7M	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9079	−0.150%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9203	−0.010%	$725K	$3.2M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9101	−0.125%	$289K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9165	−0.052%	$217.0M	$653.0M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit UNIUSDT	+0.0100%	8h	8.9130	−0.092%	$98.9M	$110.8M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9110	−0.114%	$54.6M	$262.6M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9230	+0.020%	$323K	$701K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9150	−0.069%	$26.7M	$62.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9180	−0.036%	$48.0M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9210	−0.002%	$13.0M	$13.3M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9190	−0.025%	$33.0M	$46.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9160	−0.058%	—	$6.5M	—	as long as short
Variational Omni UNI	+0.0100%	8h	8.9470	+0.289%	$4.1M	$4.0M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9380	+0.188%	$169K	$348K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9457	+0.274%	$625K	$2.6M	10x	as long as short
ApeX Omni UNIUSDTshort	+0.0100%	1h	8.9380	+0.188%	$90K	$709K	50x
StandX UNI-USD	+0.0100%	1h	8.9210	−0.002%	$14K	$3.5M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9210	−0.002%	$104K	$616K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9150	−0.069%	$17K	$2.4M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9231	+0.021%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9080	−0.148%	$32K	$894K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9257	+0.050%	$707K	$4.7M	75x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9077	−0.151%	$300K	$1.8M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9140	−0.081%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0128%	1h	8.9212	0.000%	$445	$5	10x	as long as short
Hyperliquid UNI	+0.0141%	1h	8.9293	+0.091%	$95.2M	$67.7M	10x	as long as short
Lighter UNIlong	+0.0168%	1h	8.9212	long leg	$4.5M	$5.4M	15x
Coinbase International UNI-PERP-INTX	+0.0208%	1h	8.9450	+0.267%	$931K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9120	−0.103%	$10.1M	$3.6M	75x	as long as short
Backpack UNI_USDC_PERP	+0.0269%	1h	8.9155	−0.064%	$1.1M	$2.5M	10x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9177	−0.039%	$634K	—	120x	as long as short
Reya UNIRUSDPERP	+0.0382%	1h	8.9158	−0.061%	$16K	—	20x	as long as short
Aftermath Perps UNIUSD	+0.0397%	1h	8.9327	+0.129%	$1K	$52K	10x	as long as short
dYdX UNI-USD	+0.0489%	1h	8.9145	−0.075%	$234K	$31K	10x	as long as short