Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 8.8416 | 0 | 0.0000% / 1h | 10m 44s | $552K | $291K | 50x | Long Deribit | |
| SHORT | 8.8405 | +0.0100 | get 0.0013% / 1h | 10m 44s | $10K | $116K | 20x | Short Bullet |
Price gap−0.012%
Funding gap+0.0100% /8h
Both sides work: funding pays +$3 a day on $10k, and the gap is 0.039% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$3+0.0100% /8h now · paid −0.025% over the last 7D
Price+$4spread −0.012% now, avg −0.052% → +0.039% if it goes back
Costs−$400.399% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.012%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUNI on 42 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Large against open interest11.8 / 6.8 bp$10k is over 10% of Bullet’s open interest.
- Note: Margin at max leverage$200 + $500Deribit 50x, Bullet 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.00Long Deribit: 24 payments, $0.00; short Bullet: 24 payments, +$3.00.
- OK: Entry gap works for you−0.012% vs −0.052%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$10K vs $552K OIBullet sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCDeribit Yes · Bullet NoID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0013%/8h × 21 periods−$2.80
Price spread−0.012% → −0.052% (7d avg)+$3.93
Slippage, 4 orderslive order books−$24.88
Fee Deribit bp × 2 orders−$7.00
Fee Bullet bp × 2 orders−$8.00
Net · 7 days · $10k−$38.75
Costs to cover0.399%Break-evennever at this rate
Slippage: Deribit: live order book, 51 min ago; Bullet: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit8.2511.8 bp−$1249.0 bp−$490doesn’t fitdoesn’t fit
SELL · SHORTBullet2.046.8 bp−$712.6 bp−$126doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 13:34 | Kalshi | Listing | new market KXUNIPERP ($UNI) seen by our collector |
| 09-30 01:05 | Reya | Listing | UNIRUSDPERP no longer reported ($UNI) seen by our collector |
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| 09-24 14:32 | Bullet | Listing | By popular demand, $UNI perps are now live on Bullet. 24/7. Up to 10x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗ |
| 09-24 08:00 | HTX | Listing | 🐂Bitcoin Is Pumping, UNI Is Soaring! I Smell a Bull Run! HTX Margin Autumn Craze is now live: 10 popular cryptos, including UNI & BTC, are counted 3x toward your trading volume. Win an iPhone Duo and more. Save up to 50% on your trading fees! Autumn rally won't wait, & neither will the rewards. Join now 👉 @HTX_Global on X ↗ |
| 09-24 06:34 | Bullet | Listing | new market UNI-USD ($UNI) seen by our collector |
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