Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.178%
Price spread now: Binance against Lighter−0.142%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days−0.373%−$37 on $10k
+Price spread, last 7 days+0.128%+$13 · spread now −0.142%, 7d avg −0.103%
=Together, before fees−0.245%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% cheaper against Lighter than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.103%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.8464 | 0.0096 | pay 0.0012% / 1h | 21m 21s | $4.4M | $5.6M | 15x |
| Short | Binance UNIUSDT | 8.8338 | 0.0100 | get 0.0100% / 8h | 21m 21s | $213.9M | $651.9M | 75x |
Lighter UNI
Binance UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $0.84
- Price spread: −0.142% → −0.103%
- −$3.86
- Slippage, 4 orders
- −$14.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.29
- Costs to cover
- 0.243%
- Break-even
- 234.4 days
Slippage from Lighter: live order book, 12 min ago; Binance: live order book, 7 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, 12 min ago | 0.96 bp | 7.2 bp −$7 | 17.2 bp −$172 | 92.1 bp −$9,207 | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.57 bp | 7.8 bp −$8 | 14.6 bp −$146 | 39.0 bp −$3,899 | 134.1 bp −$67.0K |
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 | −0.0307% | 1h | 8.8397 | −0.076% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8417 | −0.053% | $441 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8408 | −0.064% | $72K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0017% | 1h | 8.8423 | −0.047% | $586K | $268K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.185% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0038% | 1h | 8.8350 | −0.129% | $724K | $4.7M | 10x | as long as short |
| Polymarket Perps UNI-USD | +0.0063% | 1h | 8.8361 | −0.116% | $105K | $615K | 10x | as long as short |
| Lighter UNIlong | +0.0096% | 1h | 8.8464 | long leg | $4.4M | $5.6M | 15x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8374 | −0.102% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8440 | −0.027% | $94.2M | $67.5M | 10x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
Nado UNI-PERP
Polymarket Perps UNI-USD
Paradex UNI-USD-PERP
Hyperliquid UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8402 | −0.070% | $718K | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8410 | −0.061% | $286K | $599K | 10x | as long as short |
| Binance UNIUSDTshort | +0.0100% | 8h | 8.8338 | −0.142% | $213.9M | $651.9M | 75x | |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8320 | −0.163% | $97.8M | $110.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8340 | −0.140% | $54.1M | $260.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8460 | −0.005% | $316K | $690K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8370 | −0.106% | $26.0M | $66.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8350 | −0.129% | $47.9M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8390 | −0.084% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8330 | −0.151% | $32.4M | $45.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8360 | −0.118% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8405 | −0.067% | $1.0M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8189 | −0.311% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8146 | −0.359% | $167K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8199 | −0.299% | $612K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8200 | −0.298% | $89K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8160 | −0.344% | $14K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8330 | −0.151% | $16K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8424 | −0.045% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8330 | −0.151% | $32K | $885K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8463 | −0.001% | $697K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8310 | −0.174% | $26.6M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8312 | −0.172% | $285K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8365 | −0.112% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8400 | −0.072% | $920K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8360 | −0.118% | $10.1M | $3.6M | 75x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8403 | −0.069% | $629K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8332 | −0.149% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0410% | 1h | 8.8396 | −0.077% | $976 | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0556% | 1h | 8.8373 | −0.103% | $233K | $30K | 10x | as long as short |
Aster UNIUSDT
Pacifica UNI
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD