Funding you earn now, next payment 22:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h −0.063%
Price spread now: OKX against dYdX−0.178%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1401.402% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.178%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.132% cheaper against dYdX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX UNI-USD | 8.9349 | 0.0084 | pay 0.0010% / 1h | 28m 29s | $247K | $5K | 10x |
| Short | OKX UNI-USDT-SWAP | 8.9190 | 0.0015 | get 0.0015% / 8h | 2h 28m | $54.9M | $248.3M | 50x |
dYdX UNI-USD
OKX UNI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$14.41
- Price spread: −0.178% → −0.046%
- −$13.2
- Slippage, 4 orders
- −$120.17
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$167.78
- Costs to cover
- 1.402%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 60 min ago; OKX: live order book, 6 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 dYdX live order book, 60 min ago | 56.32 bp | 61.3 bp −$61 | 65.2 bp −$652 | 111.7 bp −$11.2K | 408.7 bp −$204.3K |
| Sell OKX live order book, 6 min ago | 0.56 bp | 7.5 bp −$7 | 18.3 bp −$183 | 75.9 bp −$7,593 | 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 UNI | −0.0175% | 8h | 8.9141 | −0.233% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0135% | 8h | 8.9220 | −0.144% | $101.9M | $105.8M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.9264 | −0.096% | $564K | $137K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.9211 | −0.154% | $80K | — | 150x | as long as short |
| 01 Exchange UNIUSD | +0.0008% | 1h | 8.9324 | −0.028% | $446 | — | 10x | as long as short |
| OKX UNI-USDT-SWAPshort | +0.0015% | 8h | 8.9190 | −0.178% | $54.9M | $248.3M | 50x | |
| dYdX UNI-USDlong | +0.0084% | 1h | 8.9349 | long leg | $247K | $5K | 10x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9290 | −0.066% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9210 | −0.156% | $853K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9363 | +0.016% | $1.0M | $3.4M | 50x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9343 | −0.006% | $302K | $564K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9172 | −0.199% | $218.1M | $594.9M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9370 | +0.024% | $275K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9310 | −0.044% | $23.2M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9220 | −0.144% | $43.4M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9240 | −0.122% | $13.9M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9170 | −0.200% | $32.3M | $41.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9170 | −0.200% | — | $49.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9265 | −0.094% | $992K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8913 | −0.488% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9116 | −0.261% | $625K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9180 | −0.189% | $84K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9160 | −0.212% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9314 | −0.039% | $87K | $324K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9210 | −0.156% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9260 | −0.100% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9205 | −0.161% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9302 | −0.053% | $730K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9210 | −0.156% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9275 | −0.083% | $308K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9228 | −0.135% | $32K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9250 | −0.111% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9320 | −0.032% | $9.8M | $3.4M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0267% | 1h | 8.9242 | −0.120% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0304% | 1h | 8.9324 | −0.028% | $97.2M | $59.9M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0360% | 1h | 8.9174 | −0.196% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.9223 | −0.141% | $560K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0516% | 1h | 8.8954 | −0.443% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0560% | 1h | 8.9480 | +0.147% | $4.6M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −1.622% | $657 | $97K | 12x | as long as short |
Pacifica UNI
Binance UNIUSDT
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
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI
Injective UNI/USDC PERP