Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: Backpack against Binance−0.070%7-day average +0.520% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.070%, 7d avg +0.520%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.590% cheaper against Binance than usual: you would sell low and buy high, −$59 on $10k if it goes back to its 7-day average of +0.520%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UNIUSDT | 8.9820 | 0.0100 | pay 0.0100% / 8h | 1h 01m | $221.1M | $592.3M | 75x |
| Short | Backpack UNI_USDC_PERP | 8.9757 | 0.0100 | get 0.0013% / 1h | 1m 41s | $998K | $2.3M | 10x |
Binance UNIUSDT
Backpack UNI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Binance. 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: −0.070% → +0.520%
- −$59.05
- Slippage, 4 orders
- −$6.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$85.06
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Backpack: live order book, 2 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 Binance live order book, 12 min ago | 0.56 bp | 6.6 bp −$7 | 11.2 bp −$112 | 35.0 bp −$3,501 | 149.1 bp −$74.6K |
| Sell Backpack live order book, 2 min ago | 0.06 bp | 7.7 bp −$8 | 175.5 bp −$1,755 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0030% | 8h | 8.9413 | −0.453% | $4.0M | $4.6M | — | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9704 | −0.129% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0026% | 8h | 8.9730 | −0.100% | $102.6M | $105.0M | 75x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.692% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0063% | 8h | 8.9730 | −0.100% | $55.4M | $248.2M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0088% | 1h | 8.9664 | −0.174% | $447 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9775 | −0.050% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9615 | −0.228% | $950K | $4.1M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9741 | −0.088% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9824 | +0.004% | $299K | $584K | 10x | as long as short |
Variational Omni UNI
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDTlong | +0.0100% | 8h | 8.9820 | long leg | $221.1M | $592.3M | 75x | |
| Arcus UNI-USD | +0.0100% | 1h | 8.9720 | −0.111% | $277K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9730 | −0.100% | $23.1M | $59.1M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9820 | 0.000% | $43.3M | $24.7M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9740 | −0.089% | $13.7M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9700 | −0.134% | $32.6M | $41.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9730 | −0.100% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERPshort | +0.0100% | 1h | 8.9757 | −0.070% | $998K | $2.3M | 10x | |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9590 | −0.257% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9616 | −0.227% | $628K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9370 | −0.501% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9520 | −0.334% | $107K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9688 | −0.147% | $87K | $356K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9680 | −0.156% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9752 | −0.076% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9724 | −0.107% | $25K | $663K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9860 | +0.044% | $735K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9700 | −0.134% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9683 | −0.153% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9842 | +0.024% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0111% | 1h | 8.9800 | −0.022% | $249K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0208% | 1h | 8.9740 | −0.090% | $570K | $157K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9480 | −0.379% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9730 | −0.100% | $1.1M | $5.4M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0337% | 1h | 8.9770 | −0.056% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0363% | 1h | 8.9630 | −0.212% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9687 | −0.148% | $563K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0458% | 1h | 8.9838 | +0.020% | $98.8M | $59.4M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0677% | 1h | 8.9556 | −0.294% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0680% | 1h | 8.9923 | +0.115% | $4.6M | $5.2M | 15x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI