Funding you earn now, next payment 05:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.003%
Price spread now: BloFin against Coinbase International−0.316%58s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as 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−$440.438% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now −0.316%, 7d avg −0.014%
=Funding pays, the price is against you. BloFin is 0.302% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.316% now, against its 7-day average of −0.014%). If the spread goes back, that is −$30 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.337% in total) that is about 6.3 days. The two prices were read 58 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 | 8.8710 | 0.0184 | pay 0.0023% / 1h | 38m 17s | $928K | $5.8M | 50x |
| Short | BloFin UNI-USDT | 8.8430 | 0.0220 | get 0.0220% / 8h | 2h 38m | $10.0M | $3.6M | 75x |
Coinbase International UNI-PERP-INTX
BloFin UNI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $7.56
- Price spread: −0.316% → −0.014%
- −$30.2
- Slippage, 4 orders
- −$21.84
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$66.48
- Costs to cover
- 0.438%
- Break-even
- 68.6 days
Slippage from Coinbase International: live order book, 1 min ago; BloFin: live order book, 5 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 | 5.64 bp | 17.1 bp −$17 | 23.6 bp −$236 | 104.1 bp −$10.4K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.56 bp | 6.6 bp −$7 | 9.8 bp −$98 | 30.1 bp −$3,012 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0136% | 1h | 8.8535 | −0.197% | $799K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0072% | 1h | 8.8589 | −0.136% | $442 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8683 | −0.031% | $4.8M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8610 | −0.113% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.462% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0072% | 1h | 8.8592 | −0.133% | $100K | $500K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8754 | +0.050% | $4.4M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8550 | −0.180% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8648 | −0.070% | $751K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8560 | −0.169% | $283K | $612K | 10x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8658 | −0.058% | $215.4M | $658.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8620 | −0.101% | $99.0M | $112.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8630 | −0.090% | $53.7M | $263.2M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8660 | −0.056% | $316K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8560 | −0.169% | $23.5M | $64.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8560 | −0.169% | $46.6M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8600 | −0.124% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8610 | −0.113% | $32.6M | $46.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8590 | −0.135% | — | $57.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8459 | −0.283% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8420 | −0.326% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8752 | +0.047% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8350 | −0.406% | $616K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8530 | −0.203% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8350 | −0.406% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8590 | −0.135% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8607 | −0.116% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8627 | −0.094% | $22K | $852K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8780 | +0.079% | $708K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8620 | −0.101% | $26.8M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8592 | −0.134% | $289K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8647 | −0.071% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0118% | 1h | 8.8684 | −0.029% | $94.4M | $66.3M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0161% | 1h | 8.8694 | −0.019% | $568K | $202K | 50x | as long as short |
| dYdX UNI-USD | +0.0171% | 1h | 8.8556 | −0.174% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0184% | 1h | 8.8710 | long leg | $928K | $5.8M | 50x | |
| BloFin UNI-USDTshort | +0.0220% | 8h | 8.8430 | −0.316% | $10.0M | $3.6M | 75x | |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8579 | −0.148% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8600 | −0.124% | $630K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0621% | 1h | 8.8680 | −0.034% | $926 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD