Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.9480 | +0.0100 | pay 0.0013% / 1h | 45m 30s | $17K | $112K | 20x | Long Bullet | |
| SHORT | 8.9290 | +0.0098 | get 0.0098% / 8h | 1h 45m | $87.2M | $53.0M | 75x | Short Bybit |
Price gap−0.213%54s
Funding gap−0.0002% /8h
Funding is ≈ 0 and the gap is 0.188% under its 7d average: the price leg works against you, −$19 on $10k if it goes back.
The two prices were read 54 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.0002% /8h now · paid +0.058% over the last 7D
Price—spread −0.213%54s now · prices read too far apart to compare
Costs−$290.289% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.213%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUNI on 42 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Large against open interest5.0 / 10.9 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$500 + $133Bullet 20x, Bybit 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.07Long Bullet: 24 payments, −$3.00; short Bybit: 3 payments, +$2.93.
- Watch: Prices read 54 s apart−0.213% vs −0.025%Part of this gap may be the market moving.
- Watch: Long leg is thinner$17K vs $87.2M OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBullet No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0030%/8h × 21 periods+$6.37
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$9.94
Fee Bullet bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$22.58
price spread not counted: prices read too far apartCosts to cover0.289%Break-even31.8 days
Slippage: Bullet: live order book, 32 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBullet0.285.0 bp−$59.6 bp−$96doesn’t fitdoesn’t fit
SELL · SHORTBybit0.5610.9 bp−$1117.8 bp−$178120.0 bp−$12.0Kdoesn’t fit
Closing costs about the same again.
| 09-30 13:34 | Kalshi | Listing | new market KXUNIPERP ($UNI) seen by our collector |
| 09-30 01:05 | Reya | Listing | UNIRUSDPERP no longer reported ($UNI) seen by our collector |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-24 14:32 | Bullet | Listing | By popular demand, $UNI perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 09-24 08:00 | HTX | Listing | 🐂Bitcoin Is Pumping, UNI Is Soaring! I Smell a Bull Run! HTX Margin Autumn Craze is now live: 10 popular cryptos, including UNI & BTC, are counted 3x toward your trading volume. Win an iPhone Duo and more. Save up to 50% on your trading fees! Autumn rally won't wait, & neither will the rewards. Join now 👉 @HTX_Global on X ↗ |
| 09-24 06:34 | Bullet | Listing | new market UNI-USD ($UNI) seen by our collector |
Kalshi
Reya
OKX
HTX