Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h 0.000%
Price spread now: Deribit against Pacifica−0.097%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)+0.296%+$30 · spread now −0.097%, 7d avg +0.035%
=Together, before fees+0.195%+ Points / potential airdropPacifica: Active · farm board+$20 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 Deribit is 0.131% cheaper against Pacifica than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica UNI | 8.8892 | 0.0100 | pay 0.0013% / 1h | 13m 13s | $286K | $612K | 10x |
| Short | Deribit UNI_USDC-PERPETUAL | 8.8806 | 0 | get 0.0000% / 1h | 13m 13s | $569K | $208K | 50x |
Pacifica UNI
Deribit UNI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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
- −$21
- Price spread: −0.097% → +0.035%
- −$13.14
- Slippage, 4 orders
- −$30.05
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$79.19
- Costs to cover
- 0.450%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 40 min ago; Deribit: live order book, 41 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 Pacifica live order book, 40 min ago | 1.11 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 41 min ago | 5.69 bp | 15.3 bp −$15 | 24.7 bp −$247 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.8726 | −0.187% | $443 | $5 | 10x | as long as short |
| Deribit UNI_USDC-PERPETUALshort | 0.0000% | 1h | 8.8806 | −0.097% | $569K | $208K | 50x | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8796 | −0.108% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.666% | $660 | $154K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8772 | −0.135% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8869 | −0.026% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8757 | −0.152% | $880K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8736 | −0.176% | $94.0M | $64.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8762 | −0.147% | $774K | $3.6M | 50x | as long as short |
| Pacifica UNIlong | +0.0100% | 1h | 8.8892 | long leg | $286K | $612K | 10x |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Nado UNI-PERP
Hyperliquid UNI
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8670 | −0.250% | $217.2M | $649.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8650 | −0.272% | $99.3M | $111.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8620 | −0.306% | $53.9M | $259.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8890 | −0.002% | $318K | $664K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8640 | −0.284% | $23.4M | $65.1M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8690 | −0.227% | $47.2M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8740 | −0.171% | $13.1M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8630 | −0.295% | $32.7M | $45.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8650 | −0.272% | — | $56.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8717 | −0.197% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9159 | +0.301% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9158 | +0.299% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9107 | +0.242% | $619K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9420 | +0.594% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9020 | +0.144% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8795 | −0.109% | $85K | $454K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8740 | −0.171% | $16K | $1.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8815 | −0.087% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8760 | −0.149% | $31K | $811K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8838 | −0.061% | $691K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8700 | −0.216% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8710 | −0.205% | $286K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8760 | −0.149% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8820 | −0.081% | $921K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8640 | −0.284% | $10.1M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0244% | 1h | 8.8904 | +0.013% | $234K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0274% | 1h | 8.8800 | −0.104% | $4.8M | $8.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8732 | −0.180% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8794 | −0.110% | $632K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0747% | 1h | 8.9215 | +0.363% | $859 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
dYdX UNI-USD
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD