UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0476%/8h= −52.1% APRnext payment −$0.60 per $10,000 · paid last 24h −0.185%

Price spread now: Arcus against Lighter+0.183%7-day average −0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Lighter Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.295%−$29 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.183%, 7d avg −0.080%

Together, before fees−0.514%+ Points / potential airdropLighter: Season 3 · farm board−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.263% dearer against Lighter than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of −0.080%): +$26 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	9.1852	0.0576	pay 0.0072% / 1h	9m 49s	$4.7M	$5.8M	15x
Short	Arcus UNI-USD	9.2020	0.0100	get 0.0013% / 1h	9m 49s	$292K	$618K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now +0.183%Rate

Funding earned: −$99.96
Price spread: +0.183% → −0.080%: $26.27
Slippage, 4 orders: −$22.87
Fee Lighter: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$101.06
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from Lighter: live order book, 3 min ago; Arcus: live order book, 54 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, 3 min ago	1.90 bp	2.1 bp −$2	9.1 bp −$91	85.2 bp −$8,517	doesn't fit
Sell Arcus live order book, 54 min ago	5.98 bp	8.3 bp −$8	10.5 bp −$105	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 −0.0006%	1h	9.1736	−0.126%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.867%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0056%	1h	9.1942	+0.098%	$459	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0057%	1h	9.1776	−0.083%	$588K	$193K	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1805	−0.051%	$957K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1703	−0.162%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1916	+0.070%	$299K	$573K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1490	−0.394%	$227.1M	$622.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1440	−0.449%	$102.9M	$110.0M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1450	−0.438%	$56.7M	$257.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USDshort	+0.0100%	1h	9.2020	+0.183%	$292K	$618K	10x
Gate UNI_USDT	+0.0100%	8h	9.1430	−0.459%	$23.4M	$62.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1490	−0.394%	$49.3M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1490	−0.394%	$13.7M	$13.0M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1410	−0.481%	$33.5M	$43.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1460	−0.427%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1660	−0.209%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1627	−0.245%	$4.3M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1978	+0.137%	$173K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1893	+0.044%	$642K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.2110	+0.281%	$90K	$694K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1920	+0.074%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.2000	+0.161%	$88K	$419K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1730	−0.133%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1763	−0.097%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1705	−0.160%	$22K	$772K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1840	−0.013%	$724K	$4.5M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1720	−0.144%	$27.7M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1866	+0.016%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1421	−0.469%	$312K	$1.6M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1669	−0.199%	$33K	—	3x	as long as short
dYdX UNI-USD	+0.0118%	1h	9.1882	+0.032%	$242K	$31K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.2030	+0.194%	$10.6M	$3.6M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0267%	1h	9.1755	−0.105%	$5.1M	$7.7M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1830	−0.024%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0371%	1h	9.1719	−0.145%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1729	−0.134%	$655K	—	120x	as long as short
Hyperliquid UNI	+0.0549%	1h	9.1575	−0.302%	$99.9M	$61.6M	10x	as long as short
Lighter UNIlong	+0.0576%	1h	9.1852	long leg	$4.7M	$5.8M	15x
Aftermath Perps UNIUSD	+0.1008%	1h	9.1993	+0.153%	$933	$47K	10x	as long as short