Funding you earn now, next payment 22:00 UTC−0.2602%/8h= −284.9% APRpaid last 24h −0.145%
Price spread now: MEXC against Injective+0.922%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.524%+$52 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.922% dearer against Injective than usual: you sell high and buy low (spread +0.922% now, against zero (this spread has no 7-day history yet)): +$92 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.524%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.524% in total (about 27.3% 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 | Injective UNI/USDC PERP | 8.7900 | 0.2702 | pay 0.0338% / 1h | 32m 51s | $657 | $97K | 12x |
| Short | MEXC UNI_USDT | 8.8710 | 0.0100 | get 0.0100% / 8h | 2h 32m | $43.0M | $24.5M | 200x |
Injective UNI/USDC PERP
MEXC UNI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$546.35
- Price spread: +0.922% → 0.000%
- $92.15
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$458.22
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.56 bp | 3.3 bp −$3 | 7.0 bp −$70 | 32.2 bp −$3,217 | 187.6 bp −$93.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0185% | 8h | 8.8292 | +0.446% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDT | −0.0154% | 8h | 8.8670 | +0.876% | $101.7M | $105.2M | 75x | as long as short |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.8846 | +1.076% | $443 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8824 | +1.051% | $562K | $134K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.8851 | +1.082% | $80K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0014% | 8h | 8.8680 | +0.887% | $54.4M | $246.4M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8813 | +1.038% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8852 | +1.084% | $847K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8780 | +1.001% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8900 | +1.138% | $297K | $561K | 10x | as long as short |
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
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 | 8.8700 | +0.910% | $217.0M | $594.1M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8900 | +1.138% | $274K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8710 | +0.922% | $23.0M | $59.1M | 75x | as long as short |
| MEXC UNI_USDTshort | +0.0100% | 8h | 8.8710 | +0.922% | $43.0M | $24.5M | 200x | |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8710 | +0.922% | $13.8M | $13.7M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8690 | +0.899% | $32.2M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8690 | +0.899% | — | $49.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8776 | +0.997% | $986K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8490 | +0.671% | $166K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8615 | +0.814% | $619K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8490 | +0.671% | $84K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8560 | +0.751% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8858 | +1.090% | $87K | $323K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8770 | +0.990% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8814 | +1.040% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8755 | +0.973% | $25K | $661K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8977 | +1.225% | $726K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8740 | +0.956% | $26.7M | $4.3M | 50x | as long as short |
| dYdX UNI-USD | +0.0100% | 1h | 8.8986 | +1.235% | $246K | $5K | 10x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8670 | +0.876% | $301K | $1.4M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8785 | +1.006% | $32K | $1K | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8870 | +1.104% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8710 | +0.922% | $9.8M | $3.3M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 8.8788 | +1.010% | $5.0M | $7.1M | 50x | as long as short |
| Hyperliquid UNI | +0.0305% | 1h | 8.8797 | +1.020% | $96.6M | $59.9M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0360% | 1h | 8.8801 | +1.025% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.8841 | +1.071% | $557K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0484% | 1h | 8.8564 | +0.755% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0536% | 1h | 8.8867 | +1.100% | $4.5M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERPlong | +0.2702% | 1h | 8.7900 | long leg | $657 | $97K | 12x |
Binance UNIUSDT
Arcus UNI-USD
Gate 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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
dYdX UNI-USD
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI