UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0524%/8h= +57.4% APRnext payment +$0.66 per $10,000 · paid last 24h +0.185%

Price spread now: Lighter against StandX+0.303%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$470.465% of the position

Long on StandX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.300%+$30 on $10k

Price spread, last 7 days−0.181%−$18 · spread now +0.303%, 7d avg +0.045%

Together, before fees+0.119%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Lighter is 0.259% dearer against StandX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.045%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.300% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.66 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	StandX UNI-USD	9.0940	0.0100	pay 0.0013% / 1h	53m 21s	$56K	$3.3M	20x
Short	Lighter UNI	9.1216	0.0624	get 0.0078% / 1h	53m 21s	$4.8M	$5.5M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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 StandXbpFee LighterbpOrdersPrice spread, now +0.303%Rate

Funding earned: $110.04
Price spread: +0.303% → +0.045%: $25.89
Slippage, 4 orders: −$38.55
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $89.39
Costs to cover: 0.465%
Break-even: 1.3 days

Slippage from StandX: live order book, 1 min ago; Lighter: 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 StandX live order book, 1 min ago	5.49 bp	12.7 bp −$13	42.5 bp −$425	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	1.15 bp	7.3 bp −$7	13.2 bp −$132	112.8 bp −$11.3K	doesn't fit

UNI on 39 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
ApeX Omni UNIUSDT	−0.0060%	1h	9.1070	+0.143%	$89K	$700K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.1238	+0.328%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.903%	$660	$154K	12x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1035	+0.104%	$951K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1199	+0.285%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1108	+0.184%	$298K	$564K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1242	+0.333%	$227.6M	$608.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1220	+0.308%	$102.8M	$107.7M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1230	+0.319%	$56.4M	$253.1M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	9.1220	+0.308%	$289K	$619K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate UNI_USDT	+0.0100%	8h	9.1220	+0.308%	$23.4M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1160	+0.242%	$49.5M	$24.9M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1170	+0.253%	$13.7M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1210	+0.297%	$33.5M	$42.5M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1240	+0.330%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.0936	−0.004%	$992K	$2.2M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1840	+0.989%	$4.2M	$4.2M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1395	+0.500%	$172K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.1604	+0.731%	$642K	$2.6M	10x	as long as short
StandX UNI-USDlong	+0.0100%	1h	9.0940	long leg	$56K	$3.3M	20x
Polymarket Perps UNI-USD	+0.0100%	1h	9.1156	+0.238%	$89K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1250	+0.341%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0988	+0.053%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1200	+0.286%	$22K	$730K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1118	+0.196%	$719K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0930	−0.011%	$27.5M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1105	+0.181%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1048	+0.119%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1282	+0.376%	$32K	—	3x	as long as short
01 Exchange UNIUSD	+0.0128%	1h	9.1185	+0.269%	$455	$5	10x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0130%	1h	9.1055	+0.127%	$591K	$188K	50x	as long as short
dYdX UNI-USD	+0.0228%	1h	9.1084	+0.158%	$240K	$30K	10x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	9.1018	+0.086%	$5.1M	$7.1M	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0296%	1h	9.1030	+0.099%	$1.1M	$4.9M	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1096	+0.172%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0244%	1h	9.1254	+0.345%	$649K	—	120x	as long as short
Hyperliquid UNI	+0.0459%	1h	9.1294	+0.389%	$99.3M	$58.9M	10x	as long as short
Lighter UNIshort	+0.0624%	1h	9.1216	+0.303%	$4.8M	$5.5M	15x
Aftermath Perps UNIUSD	+0.0929%	1h	9.1383	+0.487%	$878	$47K	10x	as long as short