UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0852%/8h= −93.3% APRnext payment −$1.07 per $10,000 · paid last 24h −0.182%

Price spread now: StandX against Lighter−0.471%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on Lighter Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.284%−$28 on $10k

Price spread, last 7 days+0.323%+$32 · spread now −0.471%, 7d avg −0.041%

Together, before fees+0.038%+ Points / potential airdropLighter: Season 3 · StandX: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$26 a day on $10k at the current rate, and StandX is 0.430% cheaper against Lighter than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of −0.041%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter UNI	9.1431	0.0952	pay 0.0119% / 1h	3m 58s	$4.7M	$5.4M	15x
Short	StandX UNI-USD	9.1000	0.0100	get 0.0013% / 1h	3m 58s	$56K	$3.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.471%Rate

Funding earned: −$178.92
Price spread: −0.471% → −0.041%: −$43.01
Slippage, 4 orders: −$38.66
Fee Lighter: 0 bp × 2 orders: $0
Fee StandX: 4 bp × 2 orders: −$8
Net: −$268.58
Costs to cover: 0.467%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; StandX: live order book, 5 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, 4 min ago	1.53 bp	5.9 bp −$6	14.5 bp −$145	79.5 bp −$7,947	doesn't fit
Sell StandX live order book, 5 min ago	6.56 bp	14.6 bp −$15	27.8 bp −$278	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 −0.0006%	1h	9.1389	−0.046%	$23K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.424%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0096%	1h	9.1409	−0.024%	$456	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1390	−0.045%	$978K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1280	−0.165%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1400	−0.034%	$303K	$586K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1100	−0.362%	$231.3M	$600.9M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1080	−0.384%	$102.5M	$107.1M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1060	−0.406%	$56.4M	$254.4M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1470	+0.043%	$282K	$618K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1150	−0.307%	$23.3M	$60.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1200	−0.253%	$50.9M	$25.3M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1190	−0.264%	$13.7M	$13.6M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1160	−0.296%	$33.5M	$42.7M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1080	−0.384%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1262	−0.185%	$1.0M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.0908	−0.572%	$4.1M	$4.4M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1361	−0.077%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1560	+0.141%	$638K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1520	+0.097%	$89K	$708K	50x	as long as short
StandX UNI-USDshort	+0.0100%	1h	9.1000	−0.471%	$56K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.1452	+0.023%	$85K	$390K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1370	−0.067%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1427	−0.004%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1290	−0.154%	$22K	$709K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1480	+0.054%	$724K	$4.4M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1270	−0.176%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1376	−0.060%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1155	−0.301%	$305K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1334	−0.106%	$32K	—	3x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0152%	1h	9.1386	−0.050%	$591K	$186K	50x	as long as short
dYdX UNI-USD	+0.0193%	1h	9.1400	−0.034%	$245K	$24K	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0960	−0.515%	$10.5M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0272%	1h	9.1520	+0.097%	$1.1M	$4.8M	50x	as long as short
Reya UNIRUSDPERP	+0.0367%	1h	9.1327	−0.114%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0323%	1h	9.1369	−0.068%	$578K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0384%	1h	9.1363	−0.074%	$5.1M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0527%	1h	9.1322	−0.119%	$100.5M	$58.5M	10x	as long as short
Lighter UNIlong	+0.0952%	1h	9.1431	long leg	$4.7M	$5.4M	15x
Aftermath Perps UNIUSD	+0.1037%	1h	9.1471	+0.044%	$953	$49K	10x	as long as short