Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against Orderly−0.812%48s7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.055%−$5 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.812%, 7d avg −0.031%
=Together, before fees−0.033%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.781% cheaper against Orderly than usual: you would sell low and buy high, −$78 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 48 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 | Orderly PERP_UNI_USDC | 9.2640 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $17K | $1.7M | 10x |
| Short | Variational Omni UNI | 9.1888 | 0.0100 | get 0.0100% / 8h | 5h 17m | $4.3M | $4.2M | — |
Orderly PERP_UNI_USDC
Variational Omni UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- $0
- Price spread: −0.812% → −0.031%
- −$78.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$84.08
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 3.24 bp | doesn't fit | 21.7 bp −$217 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 9.2675 | +0.038% | $51K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −4.685% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0056% | 1h | 9.2591 | −0.053% | $462 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.2910 | +0.291% | $972K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.2805 | +0.178% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.2726 | +0.093% | $302K | $573K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.2740 | +0.108% | $230.6M | $617.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.2670 | +0.032% | $104.1M | $109.1M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.2620 | −0.022% | $57.2M | $259.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.2760 | +0.130% | $294K | $614K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.2650 | +0.011% | $23.3M | $61.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.2690 | +0.054% | $49.6M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.2670 | +0.032% | $13.9M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.2530 | −0.119% | $33.8M | $43.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.2670 | +0.032% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.2769 | +0.139% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNIshort | +0.0100% | 8h | 9.1888 | −0.812% | $4.3M | $4.2M | — | |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1904 | −0.794% | $173K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.2276 | −0.393% | $646K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1920 | −0.777% | $90K | $693K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.2880 | +0.259% | $45K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.2965 | +0.351% | $89K | $415K | 10x | as long as short |
| Orderly PERP_UNI_USDClong | +0.0100% | 8h | 9.2640 | long leg | $17K | $1.7M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 9.2647 | +0.008% | $38K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.2640 | 0.000% | $22K | $770K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.2920 | +0.302% | $724K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.2700 | +0.065% | $28.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.2630 | −0.011% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.2596 | −0.048% | $311K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.2623 | −0.018% | $33K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0111% | 1h | 9.2712 | +0.078% | $244K | $31K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0115% | 1h | 9.2678 | +0.041% | $594K | $193K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.2830 | +0.205% | $10.6M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0264% | 1h | 9.2768 | +0.139% | $5.2M | $7.6M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.2720 | +0.086% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0371% | 1h | 9.2876 | +0.254% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.2692 | +0.056% | $660K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0559% | 1h | 9.2787 | +0.159% | $101.3M | $60.7M | 10x | as long as short |
| Lighter UNI | +0.0568% | 1h | 9.2865 | +0.243% | $4.7M | $5.7M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0976% | 1h | 9.2294 | −0.374% | $1K | $47K | 10x | 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
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD