Funding you earn now, next payment 22:00 UTC+0.2602%/8h= +284.9% APRpaid last 24h +0.089%
Price spread now: Injective against Binance−0.601%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.585%−$58 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.601% cheaper against Binance than usual: you would sell low and buy high (spread −0.601% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$60 on $10k: about 18 hours of funding at the current rate (+$78 a day). Mind the row above: over the last 7 days funding on this pair cost −0.585%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.585% in total (about -30.5% 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 | Binance UNIUSDT | 8.8431 | 0.0100 | pay 0.0100% / 8h | 2h 55m | $216.7M | $595.1M | 75x |
| Short | Injective UNI/USDC PERP | 8.7900 | 0.2702 | get 0.0338% / 1h | 55m 17s | $657 | $97K | 12x |
Binance UNIUSDT
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $546.35
- Price spread: −0.601% → 0.000%
- −$60.06
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $476.27
- Costs to cover
- 0.100%
- Break-even
- 0.9 days
Slippage unknown: Binance: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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, 4 min ago | 0.57 bp | 7.3 bp −$7 | 13.0 bp −$130 | 42.7 bp −$4,273 | 169.7 bp −$84.8K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.471% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0190% | 8h | 8.8360 | −0.080% | $103.0M | $103.9M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8440 | +0.010% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0011% | 8h | 8.8360 | −0.080% | $54.4M | $245.3M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 8.8233 | −0.224% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8214 | −0.245% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8325 | −0.120% | $849K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8430 | −0.001% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8250 | −0.205% | $297K | $559K | 10x | as long as short |
| Binance UNIUSDTlong | +0.0100% | 8h | 8.8431 | long leg | $216.7M | $595.1M | 75x |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.8380 | −0.058% | $273K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8390 | −0.047% | $22.9M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8400 | −0.035% | $42.8M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8420 | −0.013% | $13.8M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8360 | −0.080% | $32.0M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8380 | −0.058% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8449 | +0.020% | $979K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8018 | −0.467% | $165K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8080 | −0.397% | $616K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | −0.442% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8090 | −0.386% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8424 | −0.008% | $87K | $339K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8400 | −0.035% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8397 | −0.039% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8400 | −0.035% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8532 | +0.114% | $723K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8410 | −0.024% | $26.6M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8363 | −0.078% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8423 | −0.009% | $31K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0192% | 1h | 8.8485 | +0.061% | $553K | $125K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8250 | −0.205% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8380 | −0.058% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 8.8461 | +0.034% | $4.9M | $7.1M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8378 | −0.060% | $16K | — | 20x | as long as short |
| dYdX UNI-USD | +0.0371% | 1h | 8.8259 | −0.195% | $244K | $5K | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8438 | +0.008% | $554K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0512% | 1h | 8.8550 | +0.134% | $96.3M | $60.5M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0515% | 1h | 8.8166 | −0.300% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0536% | 1h | 8.8563 | +0.149% | $4.5M | $5.3M | 15x | as long as short |
| Injective UNI/USDC PERPshort | +0.2702% | 1h | 8.7900 | −0.601% | $657 | $97K | 12x |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
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
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
dYdX UNI-USD
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI