Funding you earn now, next payment 23:00 UTC−0.0281%/8h= −30.8% APRnext payment −$0.35 per $10,000 · paid last 24h +0.150%
Price spread now: Injective against Coinbase International−2.009%7-day average +0.241% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.355%−$36 on $10k
+Price spread, last 3 days (all we have)+2.009%+$201 · spread now −2.009%, 7d avg +0.241%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 2.250% cheaper against Coinbase International than usual: you would sell low and buy high (−$225 if the spread goes back to its 7-day average of +0.241%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International UNI-PERP-INTX | 9.0110 | 0.0232 | pay 0.0029% / 1h | 30m 31s | $1.1M | $5.4M | 50x |
| Short | Injective UNI/USDC PERP | 8.8300 | −0.0049 | pay 0.0006% / 1h | 30m 31s | $660 | $155K | 12x |
Coinbase International UNI-PERP-INTX
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$59.11
- Price spread: −2.009% → +0.241%
- −$225
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$294.14
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.
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, 3 min ago | 2.22 bp | 11.5 bp −$12 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERPshort | −0.0049% | 1h | 8.8300 | −2.009% | $660 | $155K | 12x | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9846 | −0.293% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0041% | 8h | 9.0035 | −0.084% | $4.1M | $4.4M | — | as long as short |
| dYdX UNI-USD | +0.0057% | 1h | 8.9938 | −0.191% | $249K | $6K | 10x | as long as short |
| Bybit UNIUSDT | +0.0081% | 8h | 8.9810 | −0.333% | $102.1M | $105.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0088% | 8h | 8.9810 | −0.333% | $55.1M | $248.9M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9875 | −0.261% | $954K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9886 | −0.249% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9925 | −0.206% | $298K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9825 | −0.317% | $222.1M | $589.6M | 75x | as long as short |
gTrade (Gains Network) UNI/USD
Variational Omni UNI
dYdX UNI-USD
Bybit UNIUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9950 | −0.178% | $278K | $620K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9820 | −0.322% | $23.0M | $58.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9900 | −0.233% | $43.7M | $24.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9880 | −0.255% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9840 | −0.300% | $32.8M | $42.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9820 | −0.322% | — | $51.9M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0064 | −0.051% | $1.0M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0166 | +0.062% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0169 | +0.066% | $637K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0300 | +0.211% | $89K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0030 | −0.089% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9885 | −0.250% | $86K | $361K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9850 | −0.289% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0130 | +0.022% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0033 | −0.085% | $25K | $674K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0058 | −0.058% | $735K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0040 | −0.078% | $27.2M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9883 | −0.252% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9840 | −0.300% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0027 | −0.092% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0184% | 1h | 8.9899 | −0.234% | $449 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0189% | 1h | 9.0078 | −0.036% | $580K | $176K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9970 | −0.155% | $10.1M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0232% | 1h | 9.0110 | long leg | $1.1M | $5.4M | 50x | |
| Reya UNIRUSDPERP | +0.0364% | 1h | 8.9846 | −0.293% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9835 | −0.305% | $565K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0561% | 1h | 8.9993 | −0.130% | $98.7M | $59.0M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0562% | 1h | 9.0086 | −0.027% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0804% | 1h | 9.0162 | +0.058% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0936% | 1h | 9.0096 | −0.016% | $4.6M | $5.2M | 15x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
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
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI