Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Arcus−0.090%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 4 days (all we have)+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.252%+$25 · spread now −0.090%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.034% cheaper against Arcus than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus UNI-USD | 8.8520 | 0.0100 | pay 0.0013% / 1h | 57m 57s | $325K | $530K | 10x |
| Short | Phemex UNIUSDT | 8.8440 | 0.0100 | get 0.0100% / 8h | 5h 57m | $26.7M | $4.5M | 50x |
Arcus UNI-USD
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.090% → −0.057%
- −$3.37
- Slippage, 4 orders
- −$37.48
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$57.35
- Costs to cover
- 0.540%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 54 min ago; Phemex: live order book, 4 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, 54 min ago | 6.26 bp | 9.2 bp −$9 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 5.65 bp | 15.9 bp −$16 | 24.0 bp −$240 | doesn't fit | doesn't fit |
UNI on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit UNI_USDC-PERPETUAL | +0.0003% | 1h | 8.8471 | −0.055% | $585K | $217K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8482 | −0.043% | $76K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.249% | $660 | $147K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.8473 | −0.053% | $441 | $56 | 10x | as long as short |
| Nado UNI-PERP | +0.0075% | 1h | 8.8417 | −0.116% | $705K | $3.9M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8540 | +0.023% | $4.4M | $4.8M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8397 | −0.139% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8470 | −0.057% | $743K | $2.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8471 | −0.056% | $288K | $467K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8410 | −0.124% | $214.5M | $571.2M | 75x | as long as short |
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 8.8390 | −0.147% | $97.9M | $97.6M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8370 | −0.169% | $54.7M | $229.2M | 50x | as long as short |
| Arcus UNI-USDlong | +0.0100% | 1h | 8.8520 | long leg | $325K | $530K | 10x | |
| Gate UNI_USDT | +0.0100% | 8h | 8.8410 | −0.124% | $27.8M | $54.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8410 | −0.124% | $46.2M | $20.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8420 | −0.113% | $12.9M | $11.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8350 | −0.192% | $32.9M | $42.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8390 | −0.147% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8485 | −0.040% | $1.1M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8404 | −0.131% | $4.1M | $2.7M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8416 | −0.118% | $167K | $347K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8488 | −0.036% | $616K | $2.3M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8470 | −0.056% | $89K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8450 | −0.079% | $93K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8405 | −0.130% | $105K | $574K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8400 | −0.136% | $16K | $2.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8520 | 0.000% | $36K | $1.2M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8396 | −0.140% | $32K | $729K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8526 | +0.007% | $699K | $4.0M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.8440 | −0.090% | $26.7M | $4.5M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8336 | −0.208% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8405 | −0.130% | $31K | — | 3x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0131% | 1h | 8.8455 | −0.074% | $4.7M | $7.7M | 50x | as long as short |
| Hyperliquid UNI | +0.0157% | 1h | 8.8524 | +0.004% | $95.3M | $61.6M | 10x | as long as short |
| dYdX UNI-USD | +0.0185% | 1h | 8.8599 | +0.089% | $232K | $32K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8440 | −0.090% | $10.0M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0240% | 1h | 8.8540 | +0.023% | $924K | $4.4M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8456 | −0.072% | $629K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0386% | 1h | 8.8390 | −0.147% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0578% | 1h | 8.8508 | −0.014% | $1K | $50K | 10x | as long as short |
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
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Extended UNI-USD
Aevo UNI-PERP
Kraken Futures PF_UNIUSD
Hyperliquid UNI
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD