Funding you earn now, next payment 09:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h −0.183%
Price spread now: OKX against Lighter−0.173%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days−0.401%−$40 on $10k
+Price spread, last 7 days+0.129%+$13 · spread now −0.173%, 7d avg −0.132%
=Together, before fees−0.272%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.041% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.132%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.9174 | 0.0160 | pay 0.0020% / 1h | 41m 51s | $4.5M | $5.4M | 15x |
| Short | OKX UNI-USDT-SWAP | 8.9020 | 0.0100 | get 0.0100% / 8h | 7h 41m | $54.6M | $262.4M | 50x |
Lighter UNI
OKX UNI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$12.6
- Price spread: −0.173% → −0.132%
- −$4.06
- Slippage, 4 orders
- −$17.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$43.84
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; OKX: live order book, 2 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 OKX live order book, 2 min ago | 0.56 bp | 8.7 bp −$9 | 12.7 bp −$127 | 47.1 bp −$4,705 | 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 | 8.9231 | +0.064% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9154 | −0.022% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.980% | $660 | $153K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0045% | 1h | 8.9188 | +0.016% | $591K | $273K | 50x | as long as short |
| Nado UNI-PERP | +0.0099% | 1h | 8.9160 | −0.016% | $732K | $4.7M | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9079 | −0.107% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9107 | −0.075% | $724K | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9101 | −0.082% | $289K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9037 | −0.153% | $216.7M | $653.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9030 | −0.161% | $98.7M | $110.5M | 75x | as long as short |
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Nado UNI-PERP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAPshort | +0.0100% | 8h | 8.9020 | −0.173% | $54.6M | $262.4M | 50x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.9230 | +0.063% | $323K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9050 | −0.139% | $26.7M | $62.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9090 | −0.094% | $47.9M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9070 | −0.117% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9030 | −0.161% | $33.0M | $46.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9060 | −0.128% | — | $58.1M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9470 | +0.332% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9380 | +0.231% | $169K | $348K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9457 | +0.317% | $625K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9380 | +0.231% | $90K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9210 | +0.040% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9210 | +0.040% | $104K | $616K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9150 | −0.027% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9143 | −0.035% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9150 | −0.027% | $32K | $894K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9226 | +0.058% | $707K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9130 | −0.049% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9022 | −0.170% | $300K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9140 | −0.038% | $32K | — | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0128% | 1h | 8.9212 | +0.043% | $445 | $5 | 10x | as long as short |
| Hyperliquid UNI | +0.0141% | 1h | 8.9163 | −0.012% | $95.3M | $67.8M | 10x | as long as short |
| Lighter UNIlong | +0.0160% | 1h | 8.9174 | long leg | $4.5M | $5.4M | 15x | |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9270 | +0.108% | $929K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9120 | −0.061% | $10.1M | $3.6M | 75x | as long as short |
| Backpack UNI_USDC_PERP | +0.0263% | 1h | 8.9150 | −0.027% | $1.1M | $2.5M | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9177 | +0.004% | $634K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0382% | 1h | 8.9158 | −0.018% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0397% | 1h | 8.9327 | +0.172% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0489% | 1h | 8.9145 | −0.032% | $234K | $31K | 10x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Extended UNI-USD
Aevo UNI-PERP
01 Exchange UNIUSD
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Backpack UNI_USDC_PERP
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD