UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h +0.116%

Price spread now: Lighter against Reya+0.184%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Lighter

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 airdropReya: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.184% dearer against Reya than usual: you sell high and buy low (spread +0.184% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya UNIRUSDPERP	9.0257	0.0377	pay 0.0047% / 1h	7m 02s	$16K	—	20x
Short	Lighter UNI	9.0423	0.0096	get 0.0012% / 1h	7m 02s	$4.5M	$5.6M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Reya. 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 ReyabpFee LighterbpOrdersPrice spread, now +0.184%Rate

Funding earned: −$59.05
Price spread: +0.184% → 0.000%: $18.37
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$46.68
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Reya: no order-book sample; Lighter: live order book, 6 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	1.83 bp	2.6 bp −$3	15.6 bp −$156	108.7 bp −$10.9K	doesn't fit

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
Nado UNI-PERP	−0.0025%	1h	9.0175	−0.091%	$791K	$4.7M	10x	as long as short
Kraken Futures PF_UNIUSD	−0.0017%	1h	9.0328	+0.079%	$4.8M	$8.6M	50x	as long as short
01 Exchange UNIUSD	0.0000%	1h	9.0211	−0.051%	$450	$5	10x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0007%	1h	9.0306	+0.055%	$49K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.168%	$660	$153K	12x	as long as short
Polymarket Perps UNI-USD	+0.0088%	1h	9.0215	−0.047%	$102K	$554K	10x	as long as short
Lighter UNIshort	+0.0096%	1h	9.0423	+0.184%	$4.5M	$5.6M	15x
Paradex UNI-USD-PERP	+0.0100%	8h	9.0115	−0.157%	$26K	—	20x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0189	−0.076%	$747K	$3.6M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0137	−0.133%	$290K	$592K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDT	+0.0100%	8h	9.0118	−0.155%	$218.8M	$658.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0050	−0.230%	$100.3M	$112.2M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0040	−0.241%	$54.8M	$267.7M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.0260	+0.003%	$322K	$705K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0230	−0.030%	$24.8M	$66.7M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0150	−0.119%	$49.7M	$27.2M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0340	+0.092%	$13.2M	$13.4M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0180	−0.086%	$33.3M	$45.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0170	−0.097%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0278	+0.023%	$1.1M	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9649	−0.673%	$4.1M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9766	−0.545%	$170K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9676	−0.644%	$621K	$2.8M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9800	−0.507%	$90K	$708K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0240	−0.019%	$15K	$3.5M	20x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0340	+0.092%	$17K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0350	+0.103%	$36K	$1.4M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0275	+0.020%	$32K	$881K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0400	+0.158%	$709K	$4.9M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0270	+0.014%	$27.3M	$4.5M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0284	+0.030%	$302K	$1.7M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0341	+0.093%	$32K	—	3x	as long as short
dYdX UNI-USD	+0.0150%	1h	9.0105	−0.169%	$237K	$31K	10x	as long as short
Coinbase International UNI-PERP-INTX	+0.0184%	1h	9.0380	+0.136%	$945K	$5.7M	50x	as long as short
Hyperliquid UNI	+0.0213%	1h	9.0290	+0.036%	$96.6M	$66.3M	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0250	−0.008%	$10.1M	$3.7M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0238%	1h	9.0381	+0.137%	$592K	$242K	50x	as long as short
Reya UNIRUSDPERPlong	+0.0377%	1h	9.0257	long leg	$16K	—	20x
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0243%	1h	9.0304	+0.052%	$641K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0462%	1h	8.9885	−0.412%	$950	$54K	10x	as long as short