Funding you earn now, next payment 04:00 UTC+0.0155%/8h= +17.0% APRnext payment +$0.19 per $10,000 · paid last 24h −0.193%
Price spread now: Deribit against Lighter−0.118%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$410.408% of the position
Funding, last 7 days−0.416%−$42 on $10k
+Price spread, last 4 days (all we have)+0.279%+$28 · spread now −0.118%, 7d avg −0.108%
=Together, before fees−0.137%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.416%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 9.1356 | 0.0176 | pay 0.0022% / 1h | 19m 55s | $4.6M | $5.8M | 15x |
| Short | Deribit UNI_USDC-PERPETUAL | 9.1248 | 0.0331 | get 0.0041% / 1h | 19m 55s | $585K | $193K | 50x |
Lighter UNI
Deribit UNI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $32.55
- Price spread: −0.118% → −0.108%
- −$0.99
- Slippage, 4 orders
- −$33.83
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$9.27
- Costs to cover
- 0.408%
- Break-even
- 9.0 days
Slippage from Lighter: live order book, 3 min ago; Deribit: live order book, 39 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 | 0.88 bp | 9.9 bp −$10 | 17.6 bp −$176 | 89.9 bp −$8,994 | doesn't fit |
| Sell Deribit live order book, 39 min ago | 8.16 bp | 13.2 bp −$13 | 40.9 bp −$409 | 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 −0.0004% | 1h | 9.1146 | −0.230% | $37K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.345% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0064% | 1h | 9.1105 | −0.275% | $455 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1105 | −0.275% | $972K | $4.4M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1220 | −0.149% | $833K | $3.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1066 | −0.318% | $295K | $599K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1143 | −0.233% | $224.2M | $637.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1100 | −0.280% | $102.4M | $111.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1110 | −0.269% | $55.6M | $262.7M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1270 | −0.094% | $316K | $651K | 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 | 9.1140 | −0.236% | $23.7M | $63.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1170 | −0.204% | $48.1M | $25.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1160 | −0.215% | $13.7M | $13.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1020 | −0.368% | $33.6M | $44.8M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1160 | −0.215% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1234 | −0.134% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0948 | −0.446% | $4.3M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0652 | −0.770% | $171K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0770 | −0.641% | $643K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0730 | −0.685% | $93K | $700K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1040 | −0.346% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1124 | −0.254% | $88K | $427K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1190 | −0.182% | $16K | $1.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1294 | −0.068% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1225 | −0.143% | $22K | $791K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1300 | −0.061% | $730K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1210 | −0.160% | $27.6M | $4.4M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1038 | −0.349% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1158 | −0.216% | $294K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1215 | −0.154% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0137% | 1h | 9.1022 | −0.366% | $240K | $30K | 10x | as long as short |
| Lighter UNIlong | +0.0176% | 1h | 9.1356 | long leg | $4.6M | $5.8M | 15x | |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1110 | −0.269% | $10.3M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0248% | 1h | 9.1270 | −0.094% | $1.1M | $5.7M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 9.1292 | −0.070% | $5.1M | $7.9M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUALshort | +0.0331% | 1h | 9.1248 | −0.118% | $585K | $193K | 50x | |
| Hyperliquid UNI | +0.0346% | 1h | 9.1157 | −0.218% | $98.8M | $62.4M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0373% | 1h | 9.1086 | −0.296% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1146 | −0.230% | $649K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0965% | 1h | 9.0816 | −0.591% | $900 | $46K | 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
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD