Funding you earn now, next payment 23:00 UTC−0.0404%/8h= −44.2% APRnext payment −$0.51 per $10,000 · paid last 24h −0.169%
Price spread now: SoDEX against Lighter−0.213%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.285% of the position
Funding, last 3 days (all we have)−0.248%−$25 on $10k
+Price spread, last 3 days (all we have)+0.241%+$24 · spread now −0.213%, 7d avg −0.164%
=Together, before fees−0.007%+ Points / potential airdropLighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and SoDEX is 0.049% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.164%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter UNI | 8.8233 | 0.0504 | pay 0.0063% / 1h | 44m 29s | $4.5M | $5.2M | 15x |
| Short | SoDEX UNI-USD | 8.8045 | 0.0100 | get 0.0013% / 1h | 44m 29s | $25K | $668K | 10x |
Lighter UNI
SoDEX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$84.84
- Price spread: −0.213% → −0.164%
- −$4.93
- Slippage, 4 orders
- −$20.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$118.29
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 3 min ago; SoDEX: 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 | 1.14 bp | 6.6 bp −$7 | 15.2 bp −$152 | 85.3 bp −$8,535 | doesn't fit |
| Sell SoDEX live order book, 39 min ago | 0.56 bp | 10.0 bp −$10 | 28.1 bp −$281 | 139.3 bp −$13.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0078% | 8h | 8.7827 | −0.461% | $3.9M | $4.7M | — | as long as short |
| Bybit UNIUSDT | −0.0031% | 8h | 8.8100 | −0.151% | $100.6M | $104.6M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8186 | −0.053% | $79K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.7900 | −0.377% | $657 | $96K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0034% | 8h | 8.8120 | −0.128% | $54.5M | $243.2M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 8.8173 | −0.068% | $440 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0055% | 1h | 8.8113 | −0.136% | $561K | $157K | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8020 | −0.242% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8115 | −0.134% | $857K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8149 | −0.095% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8080 | −0.173% | $297K | $579K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8130 | −0.117% | $216.5M | $589.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8170 | −0.071% | $272K | $606K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8110 | −0.139% | $22.9M | $58.3M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8160 | −0.083% | $42.5M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8160 | −0.083% | $13.5M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8160 | −0.083% | $32.1M | $41.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8070 | −0.185% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8091 | −0.161% | $975K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7803 | −0.488% | $165K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7853 | −0.431% | $612K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7890 | −0.389% | $87K | $715K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8040 | −0.219% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8174 | −0.067% | $87K | $350K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8050 | −0.207% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8096 | −0.155% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USDshort | +0.0100% | 1h | 8.8045 | −0.213% | $25K | $668K | 10x | |
| HTX UNI-USDT | +0.0100% | 8h | 8.8096 | −0.155% | $723K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8000 | −0.264% | $26.5M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8063 | −0.192% | $298K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8060 | −0.196% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0167% | 1h | 8.8076 | −0.178% | $244K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8070 | −0.185% | $9.8M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.8120 | −0.128% | $1.0M | $5.2M | 50x | as long as short |
| Hyperliquid UNI | +0.0325% | 1h | 8.8286 | +0.060% | $96.6M | $59.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0344% | 1h | 8.8102 | −0.149% | $4.9M | $6.9M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.8169 | −0.073% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.8062 | −0.194% | $551K | — | 120x | as long as short |
| Lighter UNIlong | +0.0504% | 1h | 8.8233 | long leg | $4.5M | $5.2M | 15x | |
| Aftermath Perps UNIUSD | +0.0622% | 1h | 8.7978 | −0.289% | $1K | $49K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD