UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0283%/8h= +30.9% APRnext payment +$0.35 per $10,000 · paid last 24h −0.108%

Price spread now: Reya against Lighter−0.326%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.326% cheaper against Lighter than usual: you would sell low and buy high (spread −0.326% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 3.8 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	8.9439	0.0096	pay 0.0012% / 1h	29m 17s	$4.5M	$5.7M	15x
Short	Reya UNIRUSDPERP	8.9148	0.0379	get 0.0047% / 1h	29m 17s	$16K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.326%Rate

Funding earned: $59.33
Price spread: −0.326% → 0.000%: −$32.57
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Reya: 3 bp × 2 orders: −$6
Net: $20.76
Costs to cover: 0.060%
Break-even: 4.6 days

Slippage unknown: Lighter: live order book, 9 min ago; Reya: no order-book sample. Net counts fees only.

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, 9 min ago	1.91 bp	6.1 bp −$6	12.0 bp −$120	83.8 bp −$8,376	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps UNI-USD	−0.0164%	1h	8.9265	−0.195%	$107K	$618K	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	8.9220	−0.245%	$4.7M	$8.7M	50x	as long as short
01 Exchange UNIUSD	−0.0008%	1h	8.9284	−0.173%	$446	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.9238	−0.225%	$588K	$250K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	8.9289	−0.167%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−1.273%	$660	$153K	12x	as long as short
Nado UNI-PERP	+0.0083%	1h	8.9295	−0.161%	$739K	$4.7M	10x	as long as short
Lighter UNIlong	+0.0096%	1h	8.9439	long leg	$4.5M	$5.7M	15x
Paradex UNI-USD-PERP	+0.0100%	8h	8.9303	−0.152%	$25K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9303	−0.152%	$735K	$3.6M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.9330	−0.122%	$286K	$590K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.9235	−0.229%	$215.3M	$658.6M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	8.9210	−0.256%	$99.1M	$111.9M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	8.9180	−0.290%	$54.2M	$266.0M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9380	−0.066%	$319K	$698K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9240	−0.222%	$25.1M	$66.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9230	−0.234%	$49.1M	$26.6M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9270	−0.189%	$13.1M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.9160	−0.312%	$32.6M	$45.4M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.9250	−0.211%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9395	−0.049%	$1.1M	$2.5M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9219	−0.246%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9187	−0.281%	$169K	$347K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9259	−0.201%	$630K	$2.7M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9420	−0.021%	$90K	$709K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9290	−0.167%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.9220	−0.245%	$16K	$1.9M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.9289	−0.168%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.9160	−0.312%	$32K	$886K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9416	−0.026%	$699K	$4.8M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9230	−0.234%	$26.9M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.9134	−0.341%	$294K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.9202	−0.265%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0178%	1h	8.9240	−0.222%	$235K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0192%	1h	8.9270	−0.189%	$930K	$5.5M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9230	−0.234%	$10.0M	$3.6M	75x	as long as short
Hyperliquid UNI	+0.0232%	1h	8.9372	−0.075%	$95.0M	$67.7M	10x	as long as short
Reya UNIRUSDPERPshort	+0.0379%	1h	8.9148	−0.326%	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	8.9281	−0.177%	$635K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0484%	1h	8.9285	−0.173%	$944	$53K	10x	as long as short