Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.123%
Price spread now: Injective against dYdX−2.274%98s7-day average +0.095% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.732%−$73 on $10k
+Price spread, last 4 days (all we have)+2.378%+$238 · spread now −2.274%, 7d avg +0.095%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 2.369% cheaper against dYdX than usual: you would sell low and buy high (−$237 if the spread goes back to its 7-day average of +0.095%). Swap the legs. The two prices were read 98 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 | dYdX UNI-USD | 9.0355 | 0.0117 | pay 0.0015% / 1h | 27m 41s | $238K | $30K | 10x |
| Short | Injective UNI/USDC PERP | 8.8300 | 0.0033 | get 0.0004% / 1h | 27m 41s | $660 | $154K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against dYdX. 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
- −$17.53
- Price spread: −2.274% → +0.095%
- −$236.93
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$264.48
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 31 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 dYdX live order book, 31 min ago | 31.23 bp | 36.3 bp −$36 | 36.4 bp −$364 | 114.5 bp −$11.5K | 396.2 bp −$198.1K |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 9.0314 | −0.046% | $579K | $193K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.0301 | −0.059% | $37K | — | 150x | as long as short |
| Injective UNI/USDC PERPshort | +0.0033% | 1h | 8.8300 | −2.274% | $660 | $154K | 12x | |
| 01 Exchange UNIUSD | +0.0064% | 1h | 9.0345 | −0.011% | $451 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0415 | +0.066% | $891K | $4.4M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0340 | −0.017% | $838K | $3.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0396 | +0.045% | $293K | $599K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.0404 | +0.054% | $222.3M | $636.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.0380 | +0.028% | $101.4M | $110.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.0370 | +0.017% | $54.9M | $259.9M | 50x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.0430 | +0.083% | $313K | $651K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0400 | +0.050% | $23.5M | $63.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0400 | +0.050% | $47.8M | $25.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0380 | +0.028% | $13.5M | $13.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0360 | +0.006% | $33.3M | $44.7M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.0380 | +0.028% | — | $56.6M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.0310 | −0.050% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.0539 | +0.204% | $4.3M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0568 | +0.236% | $171K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0621 | +0.295% | $632K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0190 | −0.183% | $92K | $698K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0940 | +0.647% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0429 | +0.082% | $87K | $425K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.0290 | −0.072% | $16K | $1.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.0412 | +0.063% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.0270 | −0.094% | $22K | $790K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0466 | +0.123% | $723K | $4.6M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.0310 | −0.050% | $27.3M | $4.4M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0363 | +0.009% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.0342 | −0.014% | $292K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.0293 | −0.069% | $32K | — | 3x | as long as short |
| dYdX UNI-USDlong | +0.0117% | 1h | 9.0355 | long leg | $238K | $30K | 10x | |
| Lighter UNI | +0.0176% | 1h | 9.0521 | +0.184% | $4.6M | $5.8M | 15x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.0820 | +0.515% | $10.4M | $3.6M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0248% | 1h | 9.0520 | +0.183% | $1.1M | $5.7M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0271% | 1h | 9.0350 | −0.005% | $5.0M | $7.9M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0372% | 1h | 9.0415 | +0.066% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.0305 | −0.055% | $644K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0381% | 1h | 9.0424 | +0.076% | $97.9M | $62.6M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0991% | 1h | 9.0527 | +0.190% | $1K | $46K | 10x | as long as short |
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Lighter UNI
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD