Funding you earn now, next payment 22:00 UTC−0.0325%/8h= −35.6% APRpaid last 24h −0.051%
Price spread now: Variational Omni against Coinbase International−0.577%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.023%+$2 on $10k
+Price spread, last 3 days (all we have)+0.179%+$18 · spread now −0.577%, 7d avg −0.046%
=Together, before fees+0.203%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.531% cheaper against Coinbase International than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.023% in total (about 2.6% 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 | 8.8180 | 0.0224 | pay 0.0028% / 1h | 55m 30s | $1.0M | $5.3M | 50x |
| Short | Variational Omni UNI | 8.7671 | −0.0101 | pay 0.0101% / 8h | 1h 55m | $3.9M | $4.6M | — |
Coinbase International UNI-PERP-INTX
Variational Omni UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$68.29
- Price spread: −0.577% → −0.046%
- −$53.12
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$131.4
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. 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 | 2.84 bp | 12.3 bp −$12 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.28 bp | doesn't fit | 12.2 bp −$122 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNIshort | −0.0101% | 8h | 8.7671 | −0.577% | $3.9M | $4.6M | — | |
| Bybit UNIUSDT | −0.0046% | 8h | 8.8300 | +0.136% | $100.9M | $106.4M | 75x | as long as short |
| dYdX UNI-USD | 0.0000% | 1h | 8.8172 | −0.009% | $244K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8175 | −0.005% | $562K | $157K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8137 | −0.049% | $79K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.7900 | −0.318% | $657 | $96K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0036% | 8h | 8.8240 | +0.068% | $54.5M | $246.5M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0080% | 1h | 8.8242 | +0.070% | $440 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8121 | −0.067% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8240 | +0.068% | $845K | $4.1M | 10x | as long as short |
Bybit UNIUSDT
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8220 | +0.045% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8183 | +0.003% | $298K | $575K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8232 | +0.059% | $216.2M | $597.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8220 | +0.045% | $272K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8150 | −0.034% | $22.9M | $58.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8270 | +0.102% | $42.6M | $24.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8150 | −0.034% | $13.5M | $13.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8270 | +0.102% | $32.0M | $41.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8130 | −0.057% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8182 | +0.002% | $980K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7781 | −0.453% | $165K | $341K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7949 | −0.262% | $610K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7880 | −0.340% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.7880 | −0.340% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8278 | +0.111% | $86K | $349K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8100 | −0.091% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8135 | −0.051% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8109 | −0.081% | $25K | $668K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8197 | +0.019% | $723K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8120 | −0.068% | $26.5M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8091 | −0.101% | $299K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8131 | −0.055% | $31K | $1K | 3x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7800 | −0.431% | $9.8M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0224% | 1h | 8.8180 | long leg | $1.0M | $5.3M | 50x | |
| Kraken Futures PF_UNIUSD | +0.0343% | 1h | 8.8163 | −0.019% | $4.9M | $7.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.8248 | +0.077% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.8128 | −0.059% | $553K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0404% | 1h | 8.8403 | +0.253% | $96.7M | $60.0M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0624% | 1h | 8.8027 | −0.174% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0720% | 1h | 8.8359 | +0.203% | $4.5M | $5.2M | 15x | as long as short |
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
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
Extended UNI-USD
Aevo UNI-PERP
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI