Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.162%
Price spread now: Binance against Injective+0.285%47s7-day average −0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.445%+$45 on $10k
+Price spread, last 4 days (all we have)−0.426%−$43 · spread now +0.285%, 7d avg −0.055%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.340% dearer against Injective than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of −0.055%. The two prices were read 47 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 | Injective UNI/USDC PERP | 8.8300 | 0.0033 | pay 0.0004% / 1h | 42m 28s | $660 | $153K | 12x |
| Short | Binance UNIUSDT | 8.8552 | 0.0100 | get 0.0100% / 8h | 2h 42m | $215.3M | $658.0M | 75x |
Injective UNI/USDC PERP
Binance UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- Price spread: +0.285% → −0.055%
- $34.01
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $37.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 16 min ago | 0.57 bp | 8.3 bp −$8 | 12.3 bp −$123 | 32.6 bp −$3,264 | 124.7 bp −$62.3K |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0145% | 1h | 8.8550 | +0.283% | $802K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0080% | 1h | 8.8608 | +0.349% | $442 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8649 | +0.395% | $4.8M | $8.4M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8673 | +0.423% | $568K | $202K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8702 | +0.455% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERPlong | +0.0033% | 1h | 8.8300 | long leg | $660 | $153K | 12x | |
| Polymarket Perps UNI-USD | +0.0084% | 1h | 8.8578 | +0.315% | $99K | $499K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8757 | +0.518% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8610 | +0.351% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8616 | +0.357% | $752K | $3.6M | 50x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-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 | 8.8640 | +0.385% | $284K | $612K | 10x | as long as short |
| Binance UNIUSDTshort | +0.0100% | 8h | 8.8552 | +0.285% | $215.3M | $658.0M | 75x | |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8510 | +0.238% | $99.0M | $112.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8560 | +0.294% | $53.7M | $262.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8700 | +0.453% | $330K | $686K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8590 | +0.328% | $23.5M | $64.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8620 | +0.362% | $46.6M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8660 | +0.408% | $13.0M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8560 | +0.294% | $32.6M | $46.5M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8600 | +0.340% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8627 | +0.370% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8829 | +0.600% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8945 | +0.731% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8871 | +0.647% | $620K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8960 | +0.747% | $91K | $705K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8970 | +0.759% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8660 | +0.408% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8739 | +0.497% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8590 | +0.328% | $22K | $852K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8780 | +0.544% | $708K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8630 | +0.374% | $26.8M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8573 | +0.309% | $295K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8610 | +0.351% | $31K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0126% | 1h | 8.8674 | +0.424% | $233K | $31K | 10x | as long as short |
| Hyperliquid UNI | +0.0138% | 1h | 8.8750 | +0.510% | $94.5M | $66.5M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8730 | +0.487% | $929K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | +0.294% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8565 | +0.300% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8696 | +0.449% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0653% | 1h | 8.8916 | +0.697% | $865 | $45K | 10x | as long as short |
Pacifica UNI
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD