Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.033%
Price spread now: BingX against Coinbase International−0.077%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.077% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.061% in total (about 3.2% 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 | Coinbase International UNI-PERP-INTX | 9.1290 | 0.0296 | pay 0.0037% / 1h | 43m 03s | $1.1M | $5.0M | 50x |
| Short | BingX UNI-USDT | 9.1220 | 0.0100 | get 0.0100% / 8h | 5h 43m | — | $56.5M | — |
Coinbase International UNI-PERP-INTX
BingX UNI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$41.16
- Price spread: −0.077% → 0.000%
- −$7.67
- Slippage, 4 orders
- −$16.8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$85.63
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; BingX: live order book, 11 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 Coinbase International live order book, 1 min ago | 6.02 bp | 11.0 bp −$11 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 0.55 bp | 6.5 bp −$6 | 7.8 bp −$78 | 17.3 bp −$1,734 | 56.5 bp −$28.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.1337 | +0.052% | $19K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.275% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0096% | 1h | 9.1324 | +0.037% | $456 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1235 | −0.060% | $949K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1410 | +0.131% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1306 | +0.017% | $298K | $570K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1255 | −0.038% | $227.7M | $609.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1210 | −0.088% | $102.7M | $107.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1220 | −0.077% | $56.4M | $253.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1320 | +0.033% | $289K | $619K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1280 | −0.011% | $23.5M | $59.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1320 | +0.033% | $49.4M | $25.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1320 | +0.033% | $13.7M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1230 | −0.066% | $33.4M | $42.6M | 75x | as long as short |
| BingX UNI-USDTshort | +0.0100% | 8h | 9.1220 | −0.077% | — | $56.5M | — | |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1305 | +0.016% | $994K | $2.2M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0819 | −0.516% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0951 | −0.371% | $171K | $347K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0730 | −0.614% | $634K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1080 | −0.230% | $89K | $696K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1110 | −0.197% | $58K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1368 | +0.085% | $89K | $412K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1330 | +0.044% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1395 | +0.115% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1353 | +0.069% | $22K | $755K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1313 | +0.025% | $721K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1260 | −0.033% | $27.6M | $4.4M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1156 | −0.147% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1211 | −0.087% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1334 | +0.049% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0169% | 1h | 9.1243 | −0.052% | $240K | $30K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1290 | 0.000% | $10.5M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 9.1369 | +0.087% | $5.1M | $7.3M | 50x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0296% | 1h | 9.1290 | long leg | $1.1M | $5.0M | 50x | |
| Reya UNIRUSDPERP | +0.0370% | 1h | 9.1312 | +0.024% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1328 | +0.042% | $650K | — | 120x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0512% | 1h | 9.1412 | +0.133% | $589K | $191K | 50x | as long as short |
| Hyperliquid UNI | +0.0578% | 1h | 9.1353 | +0.069% | $99.5M | $59.3M | 10x | as long as short |
| Lighter UNI | +0.0648% | 1h | 9.1484 | +0.213% | $4.7M | $5.6M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0962% | 1h | 9.1079 | −0.232% | $932 | $47K | 10x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
Backpack UNI_USDC_PERP
Variational Omni UNI
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Deribit UNI_USDC-PERPETUAL
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD