UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.017%

Price spread now: Coinbase International against Binance+0.065%53s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.387% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 3 days (all we have)+0.441%+$44 · spread now +0.065%, 7d avg +0.006%

Together, before fees+0.317%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.059% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.006%. Mind the row above: over the last 7 days funding on this pair cost −0.123%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UNIUSDT	8.8192	0.0100	pay 0.0100% / 8h	2h 53m	$216.0M	$593.8M	75x
Short	Coinbase International UNI-PERP-INTX	8.8250	0.0200	get 0.0025% / 1h	53m 25s	$1.0M	$5.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +0.065%Rate

Funding earned: $21
Price spread: +0.065% → +0.006%: $5.88
Slippage, 4 orders: −$18.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$11.81
Costs to cover: 0.387%
Break-even: 10.9 days

Slippage from Binance: live order book, 5 min ago; Coinbase International: live order book, 6 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, 5 min ago	0.57 bp	7.3 bp −$7	13.0 bp −$130	42.7 bp −$4,273	169.7 bp −$84.8K
Sell Coinbase International live order book, 6 min ago	2.27 bp	13.6 bp −$14	21.8 bp −$218	55.0 bp −$5,497	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	−0.0201%	8h	8.8015	−0.202%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0192%	8h	8.8140	−0.059%	$102.7M	$103.9M	75x	as long as short
01 Exchange UNIUSD	−0.0072%	1h	8.8233	+0.046%	$440	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8279	+0.098%	$551K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8253	+0.069%	$79K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0011%	8h	8.8150	−0.048%	$54.3M	$244.8M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8203	+0.012%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8170	−0.025%	$852K	$3.9M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8328	+0.154%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8203	+0.011%	$297K	$559K	10x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UNIUSDTlong	+0.0100%	8h	8.8192	long leg	$216.0M	$593.8M	75x
Arcus UNI-USD	+0.0100%	1h	8.8350	+0.179%	$273K	$605K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8210	+0.020%	$22.9M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8210	+0.020%	$42.7M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8210	+0.020%	$13.7M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8170	−0.025%	$31.9M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8190	−0.003%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8292	+0.113%	$978K	$2.4M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8265	+0.082%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8310	+0.133%	$619K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	−0.173%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8180	−0.014%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8230	+0.043%	$87K	$335K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8200	+0.009%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8177	−0.018%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8221	+0.032%	$28K	$659K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8246	+0.061%	$721K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8230	+0.043%	$26.6M	$4.4M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8137	−0.063%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8233	+0.046%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTXshort	+0.0200%	1h	8.8250	+0.065%	$1.0M	$5.3M	50x
BloFin UNI-USDT	+0.0220%	8h	8.8380	+0.213%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8268	+0.085%	$4.9M	$7.1M	50x	as long as short
dYdX UNI-USD	+0.0308%	1h	8.8218	+0.029%	$244K	$5K	10x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8184	−0.010%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	8.8240	+0.054%	$553K	—	120x	as long as short
Lighter UNI	+0.0464%	1h	8.8330	+0.156%	$4.5M	$5.3M	15x	as long as short
Hyperliquid UNI	+0.0471%	1h	8.8328	+0.154%	$95.9M	$59.6M	10x	as long as short
Aftermath Perps UNIUSD	+0.0501%	1h	8.8219	+0.030%	$1K	$50K	10x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.332%	$657	$97K	12x	as long as short