Funding you earn now, next payment 00:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.026%
Price spread now: Bitget against Coinbase International+0.772%57s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as 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−$480.483% of the position
Funding, last 7 days+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)−0.934%−$93 · spread now +0.772%, 7d avg −0.053%
=The price spread pays, funding is against you. Bitget is 0.825% dearer against Coinbase International than usual: you sell high and buy low (spread +0.772% now, against its 7-day average of −0.053%): +$83 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 days. Mind the row above: over the last 7 days funding on this pair paid +0.102%, so the current rate has only just turned against you. The two prices were read 57 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 | Coinbase International UNI-PERP-INTX | 9.0650 | 0.0272 | pay 0.0034% / 1h | 46m 28s | $1.1M | $5.5M | 50x |
| Short | Bitget UNIUSDT | 9.1350 | 0.0100 | get 0.0100% / 8h | 7h 46m | $33.5M | $42.2M | 75x |
Coinbase International UNI-PERP-INTX
Bitget UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$36.12
- Price spread: +0.772% → −0.053%
- $82.53
- Slippage, 4 orders
- −$26.31
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1.89
- Costs to cover
- 0.483%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 4.41 bp | 11.8 bp −$12 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.55 bp | 10.9 bp −$11 | 18.8 bp −$188 | 40.6 bp −$4,061 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex UNIUSDT | −0.0617% | 8h | 9.0620 | −0.033% | $27.3M | $4.5M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 9.0562 | −0.097% | $584K | $178K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 9.1135 | +0.535% | $72K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −2.592% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0040% | 1h | 9.1064 | +0.457% | $454 | — | 10x | as long as short |
| OKX UNI-USDT-SWAP | +0.0092% | 8h | 9.1270 | +0.684% | $55.7M | $253.2M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0917 | +0.295% | $961K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1141 | +0.542% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0947 | +0.327% | $304K | $592K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1181 | +0.586% | $226.1M | $593.5M | 75x | as long as short |
Phemex UNIUSDT
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
OKX UNI-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 9.1270 | +0.684% | $102.6M | $106.7M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1100 | +0.496% | $269K | $617K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1090 | +0.485% | $23.0M | $57.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0990 | +0.375% | $44.3M | $23.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0970 | +0.353% | $13.8M | $13.4M | 75x | as long as short |
| Bitget UNIUSDTshort | +0.0100% | 8h | 9.1350 | +0.772% | $33.5M | $42.2M | 75x | |
| BingX UNI-USDC | +0.0100% | 8h | 9.1300 | +0.717% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0775 | +0.138% | $1.1M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1041 | +0.431% | $4.1M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0137 | −0.566% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0334 | −0.349% | $629K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0180 | −0.518% | $88K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0680 | +0.033% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1009 | +0.396% | $85K | $376K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1290 | +0.706% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0599 | −0.056% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0545 | −0.116% | $21K | $688K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0565 | −0.094% | $728K | $4.4M | 75x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0940 | +0.320% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1039 | +0.429% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1327 | +0.747% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0183% | 1h | 9.0955 | +0.336% | $251K | $7K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.0530 | −0.132% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0272% | 1h | 9.0650 | long leg | $1.1M | $5.5M | 50x | |
| Hyperliquid UNI | +0.0350% | 1h | 9.1099 | +0.495% | $99.9M | $59.9M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 9.0931 | +0.309% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 9.1123 | +0.521% | $576K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0387% | 1h | 9.0629 | −0.023% | $5.0M | $7.0M | 50x | as long as short |
| Lighter UNI | +0.0704% | 1h | 9.1054 | +0.446% | $4.6M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0792% | 1h | 9.0366 | −0.313% | $1K | $49K | 10x | as long as short |
Bybit UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
BingX UNI-USDC
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD