Funding you earn now, next payment 07:00 UTC−0.3460%/8h= −378.8% APRpaid last 24h −0.163%
Price spread now: Binance against Lighter−0.138%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$880.879% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.138%, 7d avg −0.085%
=Together, before fees−0.345%+ Points / potential airdropLighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$104 a day on $10k at the current rate, and Binance is 0.053% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.085%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.486% in total (about -25.4% a year). A funding rate is set anew for every payment. 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 UNITREE | 73.091 | 0.0032 | pay 0.0004% / 1h | 48m 27s | $195K | $80K | 5x |
| Short | Binance UNITREEUSDT | 72.990 | −0.3428 | pay 0.1714% / 4h | 1h 48m | $13.4M | $16.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$726.56
- Price spread: −0.138% → −0.085%
- −$5.31
- Slippage, 4 orders
- −$77.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$819.74
- Costs to cover
- 0.879%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 42 min ago; Binance: live order book, 7 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, 42 min ago | 28.62 bp | 29.5 bp −$29 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.68 bp | 11.7 bp −$12 | 34.5 bp −$345 | doesn't fit | doesn't fit |
UNITREE on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX UNITREEUSDC | −0.3823% | 4h | 72.916 | −0.240% | $92K | $1.2M | 10x | as long as short |
| HTX UNITREE-USDT | −0.3607% | 4h | 73.126 | +0.048% | $68K | $190K | 20x | as long as short |
| Extended UNITREE-USD | −0.3432% | 1h | 72.980 | −0.151% | $254K | $14K | 5x | as long as short |
| MEXC UNITREE_USDT | −0.3430% | 4h | 73.030 | −0.083% | $3.0M | $266K | 50x | as long as short |
| Binance UNITREEUSDTshort | −0.3428% | 4h | 72.990 | −0.138% | $13.4M | $16.7M | 20x | |
| Aster UNITREEUSDT | −0.3195% | 4h | 72.947 | −0.196% | $281K | $124K | 20x | as long as short |
| Bitget UNITREEUSDT | −0.2896% | 4h | 73.000 | −0.125% | $1.8M | $1.4M | 20x | as long as short |
| OKX UNITREE-USDT-SWAP | −0.2482% | 8h | 73.040 | −0.070% | $5.4M | $10.0M | 20x | as long as short |
| Bybit UNITREEUSDT | −0.2285% | 8h | 73.030 | −0.083% | $1.2M | $1.0M | 25x | as long as short |
| Gate UNITREE_USDT | −0.1990% | 4h | 72.910 | −0.248% | $4.9M | $2.2M | 50x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet UNITREE-USD | −0.1077% | 1h | 73.020 | −0.097% | $3K | $16K | 10x | as long as short |
| Paragon para:UNITREE | −0.1062% | 1h | 73.086 | −0.007% | $1.7M | $360K | 10x | as long as short |
| SoDEX UNITREE-USD | −0.0920% | 1h | 72.990 | −0.138% | $15K | $4K | 5x | as long as short |
| Polymarket Perps UNITREE-USD | −0.0906% | 1h | 73.046 | −0.062% | $3K | $5K | 10x | as long as short |
| Ondo Perps UNITREE-USD.P | −0.0798% | 1h | 73.050 | −0.056% | $16K | $2K | 5x | as long as short |
| tradeXYZ xyz:UNITREE | −0.0437% | 1h | 73.125 | +0.047% | $20.6M | $7.5M | 10x | as long as short |
| Orderly PERP_UNITREE_USDC_mythos | −0.0362% | 8h | 72.900 | −0.261% | $991 | $532 | 10x | as long as short |
| ApeX Omni UNITREEUSDT | −0.0245% | 1h | 73.100 | +0.012% | $23K | $143K | 50x | as long as short |
| SunX UNITREE-USDT | 0.0000% | 4h | 73.480 | +0.532% | — | $3.0M | 10x | as long as short |
| Lighter UNITREElong | +0.0032% | 1h | 73.091 | long leg | $195K | $80K | 5x |
Lighter UNITREE
Binance UNITREEUSDT
edgeX UNITREEUSDC
HTX UNITREE-USDT
Extended UNITREE-USD
MEXC UNITREE_USDT
Aster UNITREEUSDT
Bitget UNITREEUSDT
OKX UNITREE-USDT-SWAP
Bybit UNITREEUSDT
Gate UNITREE_USDT
Bullet UNITREE-USD
Paragon para:UNITREE
SoDEX UNITREE-USD
Polymarket Perps UNITREE-USD
tradeXYZ xyz:UNITREE
ApeX Omni UNITREEUSDT
SunX UNITREE-USDT