Funding you earn now, next payment 23:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.041%
Price spread now: Coinbase International against GRVT−0.277%76s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$500.502% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 3 days (all we have)+0.409%+$41 · spread now −0.277%, 7d avg −0.010%
=Together, before fees+0.275%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.267% cheaper against GRVT than usual: you would sell low and buy high (spread −0.277% now, against its 7-day average of −0.010%). If the spread goes back, that is −$27 on $10k: about 6.7 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.134%, so the current rate has only just turned in your favour. The two prices were read 76 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 | GRVT UNI_USDT_Perp | 9.0169 | 0.0100 | pay 0.0100% / 8h | 29m 48s | $637K | $2.5M | 10x |
| Short | Coinbase International UNI-PERP-INTX | 8.9920 | 0.0232 | get 0.0029% / 1h | 29m 48s | $1.1M | $5.4M | 50x |
GRVT UNI_USDT_Perp
Coinbase International UNI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $27.72
- Price spread: −0.277% → −0.010%
- −$26.69
- Slippage, 4 orders
- −$31.15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$49.12
- Costs to cover
- 0.502%
- Break-even
- 19.4 days
Slippage from GRVT: live order book, 4 min ago; Coinbase International: live order book, 4 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 GRVT live order book, 4 min ago | 1.11 bp | 10.9 bp −$11 | 17.0 bp −$170 | 1766.6 bp −$176.7K | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.22 bp | 15.1 bp −$15 | 21.3 bp −$213 | 61.7 bp −$6,165 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −2.073% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9846 | −0.359% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0041% | 8h | 9.0035 | −0.149% | $4.1M | $4.4M | — | as long as short |
| dYdX UNI-USD | +0.0057% | 1h | 8.9938 | −0.257% | $249K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0057% | 1h | 8.9878 | −0.323% | $579K | $176K | 50x | as long as short |
| Bybit UNIUSDT | +0.0081% | 8h | 8.9900 | −0.299% | $102.1M | $105.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0088% | 8h | 8.9910 | −0.288% | $55.1M | $249.2M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9875 | −0.326% | $954K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9921 | −0.275% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9925 | −0.271% | $298K | $591K | 10x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9924 | −0.273% | $222.4M | $589.8M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9950 | −0.243% | $278K | $620K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9910 | −0.288% | $23.0M | $58.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9940 | −0.254% | $43.6M | $24.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9920 | −0.277% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9890 | −0.310% | $32.8M | $42.0M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9920 | −0.277% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9939 | −0.255% | $1.0M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0166 | −0.004% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perplong | +0.0100% | 8h | 9.0169 | long leg | $637K | $2.5M | 10x | |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0300 | +0.145% | $89K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0030 | −0.155% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9885 | −0.315% | $86K | $361K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9850 | −0.354% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9968 | −0.223% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9855 | −0.349% | $25K | $674K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.0040 | −0.143% | $718K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9900 | −0.299% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9883 | −0.317% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9873 | −0.328% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9851 | −0.353% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0184% | 1h | 8.9899 | −0.300% | $449 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9970 | −0.221% | $10.1M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXshort | +0.0232% | 1h | 8.9920 | −0.277% | $1.1M | $5.4M | 50x | |
| Reya UNIRUSDPERP | +0.0364% | 1h | 8.9846 | −0.359% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.9835 | −0.371% | $565K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0560% | 1h | 9.0009 | −0.178% | $98.7M | $59.0M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0563% | 1h | 8.9908 | −0.290% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0804% | 1h | 9.0162 | −0.008% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0936% | 1h | 9.0058 | −0.123% | $4.6M | $5.2M | 15x | as long as short |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
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
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI