Funding you earn now, next payment 02:00 UTC−0.0114%/8h= −12.4% APRnext payment −$0.14 per $10,000 · paid last 24h −0.045%
Price spread now: Extended against Hyperliquid−0.278%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$240.245% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 7 days+0.236%+$24 · spread now −0.278%, 7d avg −0.118%
=Together, before fees+0.110%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.160% cheaper against Hyperliquid than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.118%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 9.1065 | 0.0218 | pay 0.0027% / 1h | 11m 26s | $99.0M | $61.5M | 10x |
| Short | Extended UNI-USD | 9.0812 | 0.0104 | get 0.0013% / 1h | 11m 26s | $303K | $1.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$23.87
- Price spread: −0.278% → −0.118%
- −$16.02
- Slippage, 4 orders
- −$10.49
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.38
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Extended: live order book, 2 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, 12 min ago | 0.33 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.85 bp | 5.6 bp −$6 | 8.4 bp −$84 | doesn't fit | doesn't fit |
UNI on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0009% | 1h | 9.1074 | +0.010% | $32K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.036% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0064% | 1h | 9.0955 | −0.121% | $454 | $5 | 10x | as long as short |
| dYdX UNI-USD | +0.0067% | 1h | 9.0928 | −0.151% | $239K | $30K | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0875 | −0.209% | $967K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.0929 | −0.149% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.0928 | −0.150% | $297K | $574K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1110 | +0.049% | $227.8M | $612.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1080 | +0.016% | $102.0M | $107.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1080 | +0.016% | $56.3M | $256.5M | 50x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.1010 | −0.060% | $288K | $638K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.0970 | −0.104% | $23.2M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.0960 | −0.115% | $49.6M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.0940 | −0.137% | $13.7M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.0890 | −0.192% | $33.3M | $42.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1060 | −0.005% | — | $56.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1105 | +0.044% | $999K | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1088 | +0.025% | $4.2M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1135 | +0.077% | $171K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1163 | +0.108% | $641K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0950 | −0.126% | $89K | $700K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1120 | +0.060% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0948 | −0.128% | $87K | $410K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1080 | +0.016% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1171 | +0.116% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1107 | +0.046% | $22K | $725K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1242 | +0.194% | $722K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1050 | −0.016% | $27.5M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.0853 | −0.233% | $26K | — | 20x | as long as short |
| Extended UNI-USDshort | +0.0104% | 1h | 9.0812 | −0.278% | $303K | $1.5M | 25x | |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1115 | +0.055% | $32K | — | 3x | as long as short |
| Hyperliquid UNIlong | +0.0218% | 1h | 9.1065 | long leg | $99.0M | $61.5M | 10x | |
| Deribit UNI_USDC-PERPETUAL | +0.0256% | 1h | 9.1167 | +0.112% | $592K | $188K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.1310 | +0.269% | $1.1M | $4.8M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0369% | 1h | 9.0906 | −0.174% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1041 | −0.026% | $647K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0421% | 1h | 9.1154 | +0.098% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0496% | 1h | 9.1072 | +0.008% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0951% | 1h | 9.1108 | +0.047% | $1K | $48K | 10x | as long as short |
Hyperliquid UNI
Extended UNI-USD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
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
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD