Funding you earn now, next payment 06:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.030%
Price spread now: dYdX against Arcus+0.037%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2492.488% of the position
Funding, last 4 days (all we have)+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.037%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.108% dearer against Arcus than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus UNI-USD | 8.8450 | 0.0100 | pay 0.0013% / 1h | 23m 10s | $315K | $700K | 10x |
| Short | dYdX UNI-USD | 8.8482 | 0.0180 | get 0.0022% / 1h | 23m 10s | $233K | $31K | 10x |
Arcus UNI-USD
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Arcus. 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
- $16.79
- Price spread: +0.037% → −0.071%
- $10.76
- Slippage, 4 orders
- −$234.29
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$221.24
- Costs to cover
- 2.488%
- Break-even
- 99.2 days
Slippage from Arcus: live order book, 26 min ago; dYdX: live order book, 26 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 Arcus live order book, 26 min ago | 5.60 bp | 8.5 bp −$8 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 26 min ago | 109.64 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 151.9 bp −$15.2K | 469.4 bp −$234.7K |
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 | −0.0071% | 1h | 8.8320 | −0.147% | $817K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0024% | 1h | 8.8401 | −0.055% | $441 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8462 | +0.014% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8429 | −0.024% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.170% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0093% | 1h | 8.8378 | −0.081% | $103K | $525K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8568 | +0.133% | $4.4M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8425 | −0.028% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8502 | +0.059% | $748K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8476 | +0.029% | $284K | $616K | 10x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8580 | +0.147% | $216.3M | $663.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8440 | −0.011% | $98.9M | $112.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8470 | +0.023% | $54.1M | $264.3M | 50x | as long as short |
| Arcus UNI-USDlong | +0.0100% | 1h | 8.8450 | long leg | $315K | $700K | 10x | |
| Gate UNI_USDT | +0.0100% | 8h | 8.8470 | +0.023% | $24.1M | $65.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8470 | +0.023% | $49.1M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8480 | +0.034% | $12.9M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8470 | +0.023% | $32.4M | $46.7M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8490 | +0.045% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8558 | +0.122% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8380 | −0.079% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8556 | +0.120% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8450 | 0.000% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8600 | +0.170% | $89K | $707K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8630 | +0.204% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8450 | 0.000% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8525 | +0.085% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8452 | +0.002% | $32K | $874K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8467 | +0.019% | $711K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8500 | +0.057% | $26.7M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8371 | −0.090% | $298K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8446 | −0.004% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0124% | 1h | 8.8587 | +0.155% | $94.2M | $65.9M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0136% | 1h | 8.8474 | +0.027% | $566K | $204K | 50x | as long as short |
| dYdX UNI-USDshort | +0.0180% | 1h | 8.8482 | +0.037% | $233K | $31K | 10x | |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8410 | −0.045% | $922K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8400 | −0.057% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.8377 | −0.082% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8430 | −0.023% | $629K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0669% | 1h | 8.8598 | +0.167% | $968 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD