Funding you earn now, next payment 00:00 UTC−0.0391%/8h= −42.9% APRnext payment −$0.49 per $10,000 · paid last 24h −0.044%
Price spread now: Arcus against Hyperliquid−0.088%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 3 days (all we have)−0.135%−$13 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now −0.088%, 7d avg −0.029%
=Together, before fees−0.141%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Arcus is 0.059% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.9969 | 0.0491 | pay 0.0061% / 1h | 16m 03s | $98.7M | $59.2M | 10x |
| Short | Arcus UNI-USD | 8.9890 | 0.0100 | get 0.0013% / 1h | 16m 03s | $270K | $637K | 10x |
Hyperliquid UNI
Arcus UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Hyperliquid. 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
- −$82.2
- Price spread: −0.088% → −0.029%
- −$5.85
- Slippage, 4 orders
- −$19.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$121.3
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Arcus: live order book, 63 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 Hyperliquid live order book, 8 min ago | 1.84 bp | 6.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 63 min ago | 3.93 bp | 11.2 bp −$11 | 13.9 bp −$139 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −1.855% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9808 | −0.179% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0072% | 8h | 8.9762 | −0.230% | $4.1M | $4.4M | — | as long as short |
| OKX UNI-USDT-SWAP | +0.0089% | 8h | 8.9800 | −0.188% | $54.8M | $249.5M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9772 | −0.218% | $951K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9871 | −0.109% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9848 | −0.134% | $297K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9861 | −0.120% | $222.3M | $590.5M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9830 | −0.154% | $101.8M | $105.3M | 75x | as long as short |
| Arcus UNI-USDshort | +0.0100% | 1h | 8.9890 | −0.088% | $270K | $637K | 10x |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 8.9850 | −0.132% | $23.0M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9880 | −0.099% | $43.8M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9880 | −0.099% | $13.7M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9860 | −0.121% | $32.8M | $42.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9850 | −0.132% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9891 | −0.087% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0084 | +0.127% | $169K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0065 | +0.107% | $630K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0150 | +0.201% | $89K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9810 | −0.177% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9830 | −0.154% | $84K | $364K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9790 | −0.199% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9850 | −0.132% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9850 | −0.132% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9958 | −0.012% | $720K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9860 | −0.121% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9806 | −0.181% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9830 | −0.154% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9870 | −0.110% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0168% | 1h | 8.9829 | −0.156% | $448 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0168% | 1h | 8.9834 | −0.150% | $578K | $176K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9790 | −0.199% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9930 | −0.043% | $1.1M | $5.4M | 50x | as long as short |
| dYdX UNI-USD | +0.0295% | 1h | 8.9848 | −0.134% | $249K | $6K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0364% | 1h | 8.9779 | −0.211% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 8.9792 | −0.197% | $568K | — | 120x | as long as short |
| Hyperliquid UNIlong | +0.0491% | 1h | 8.9969 | long leg | $98.7M | $59.2M | 10x | |
| Kraken Futures PF_UNIUSD | +0.0563% | 1h | 8.9910 | −0.066% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0848% | 1h | 8.9969 | 0.000% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0896% | 1h | 9.0039 | +0.078% | $4.6M | $5.3M | 15x | as long as short |
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
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI