Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Bitget+0.329%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)+0.470%+$47 · spread now +0.329%, 7d avg +0.058%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.271% dearer against Bitget than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UNIUSDT | 8.8120 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $31.9M | $41.0M | 75x |
| Short | Phemex UNIUSDT | 8.8410 | 0.0100 | get 0.0100% / 8h | 2h 54m | $26.6M | $4.4M | 50x |
Bitget UNIUSDT
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bitget. 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: +0.329% → +0.058%
- $27.12
- Slippage, 4 orders
- −$20.61
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$17.49
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 0.57 bp | 9.7 bp −$10 | 14.6 bp −$146 | 32.9 bp −$3,289 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.97 bp | 11.0 bp −$11 | 21.3 bp −$213 | 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 | −0.0201% | 8h | 8.8015 | −0.120% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0190% | 8h | 8.8180 | +0.068% | $102.7M | $104.0M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8440 | +0.363% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0011% | 8h | 8.8120 | 0.000% | $54.4M | $244.7M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 8.8233 | +0.128% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8165 | +0.051% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8325 | +0.233% | $849K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8383 | +0.299% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8242 | +0.138% | $297K | $559K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8192 | +0.082% | $216.0M | $593.7M | 75x | as long as short |
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 UNI
Binance UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.8310 | +0.216% | $272K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8210 | +0.102% | $22.9M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8270 | +0.170% | $42.7M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8280 | +0.182% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDTlong | +0.0100% | 8h | 8.8120 | long leg | $31.9M | $41.0M | 75x | |
| BingX UNI-USDT | +0.0100% | 8h | 8.8140 | +0.023% | — | $49.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8449 | +0.373% | $979K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8018 | −0.115% | $165K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8080 | −0.045% | $616K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | −0.091% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8090 | −0.034% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8424 | +0.345% | $87K | $339K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8400 | +0.318% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8397 | +0.314% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8400 | +0.318% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8532 | +0.468% | $723K | $4.3M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.8410 | +0.329% | $26.6M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8096 | −0.027% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8423 | +0.344% | $31K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0192% | 1h | 8.8485 | +0.414% | $553K | $125K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8250 | +0.148% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8380 | +0.295% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 8.8461 | +0.387% | $4.9M | $7.1M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8378 | +0.293% | $16K | — | 20x | as long as short |
| dYdX UNI-USD | +0.0369% | 1h | 8.8304 | +0.209% | $245K | $5K | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8438 | +0.361% | $554K | — | 120x | as long as short |
| Lighter UNI | +0.0472% | 1h | 8.8424 | +0.345% | $4.5M | $5.3M | 15x | as long as short |
| Hyperliquid UNI | +0.0479% | 1h | 8.8427 | +0.348% | $96.1M | $59.5M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0515% | 1h | 8.8166 | +0.052% | $1K | $50K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.250% | $657 | $97K | 12x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
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
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]
Lighter UNI
Hyperliquid UNI
Aftermath Perps UNIUSD
Injective UNI/USDC PERP