Funding you earn now, next payment 22:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.036%
Price spread now: HTX against Hyperliquid−0.011%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 3 days (all we have)+0.532%+$53 · spread now −0.011%, 7d avg +0.031%
=Together, before fees+0.385%+ Points / potential airdropHyperliquid: Season 2 · farm board+$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and HTX is 0.043% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8297 | 0.0456 | pay 0.0057% / 1h | 52m 57s | $95.8M | $59.6M | 10x |
| Short | HTX UNI-USDT | 8.8287 | 0.0100 | get 0.0100% / 8h | 2h 52m | $721K | $4.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$74.82
- Price spread: −0.011% → +0.031%
- −$4.28
- Slippage, 4 orders
- −$20.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$120.22
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; HTX: live order book, 1 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, 11 min ago | 0.28 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 3.40 bp | 13.0 bp −$13 | 40.4 bp −$404 | 365.6 bp −$36.6K | 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 | −0.0201% | 8h | 8.8015 | −0.320% | $3.9M | $4.9M | — | as long as short |
| Bybit UNIUSDT | −0.0192% | 8h | 8.8080 | −0.246% | $102.6M | $103.9M | 75x | as long as short |
| 01 Exchange UNIUSD | −0.0072% | 1h | 8.8233 | −0.072% | $440 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8251 | −0.053% | $551K | $125K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8253 | −0.050% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0010% | 8h | 8.8140 | −0.178% | $54.3M | $244.8M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8203 | −0.106% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8170 | −0.144% | $852K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8266 | −0.035% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8203 | −0.107% | $297K | $559K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8120 | −0.200% | $215.8M | $593.8M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8350 | +0.060% | $273K | $605K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8170 | −0.144% | $22.9M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8150 | −0.166% | $42.7M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8160 | −0.155% | $13.7M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8130 | −0.189% | $31.9M | $41.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8100 | −0.223% | — | $49.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8224 | −0.083% | $977K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8265 | −0.036% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8310 | +0.015% | $619K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8040 | −0.291% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8180 | −0.133% | $105K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8230 | −0.076% | $87K | $335K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8200 | −0.110% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8258 | −0.044% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8178 | −0.135% | $28K | $659K | 10x | as long as short |
| HTX UNI-USDTshort | +0.0100% | 8h | 8.8287 | −0.011% | $721K | $4.3M | 75x | |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8200 | −0.110% | $26.6M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8126 | −0.193% | $307K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8233 | −0.072% | $31K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8280 | −0.019% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8190 | −0.121% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8250 | −0.053% | $4.9M | $7.1M | 50x | as long as short |
| dYdX UNI-USD | +0.0308% | 1h | 8.8218 | −0.089% | $244K | $5K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0359% | 1h | 8.8184 | −0.128% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0380% / S −0.0320% | 1h | 8.8240 | −0.064% | $553K | — | 120x | as long as short |
| Hyperliquid UNIlong | +0.0456% | 1h | 8.8297 | long leg | $95.8M | $59.6M | 10x | |
| Lighter UNI | +0.0464% | 1h | 8.8367 | +0.079% | $4.5M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0501% | 1h | 8.8219 | −0.088% | $1K | $50K | 10x | as long as short |
| Injective UNI/USDC PERP | +0.2702% | 1h | 8.7900 | −0.450% | $657 | $97K | 12x | as long as short |
Hyperliquid UNI
HTX UNI-USDT
Variational Omni UNI
Bybit UNIUSDT
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
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
SunX UNI-USDT
SoDEX UNI-USD
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Lighter UNI
Aftermath Perps UNIUSD
Injective UNI/USDC PERP