Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.7% APRnext payment −$1.44 per $10,000 · paid last 24h −0.034%
Price spread now: Bybit against Paradex−0.182%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.182% cheaper against Paradex than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex UNI-USD-PERP | 8.8021 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $25K | — | 20x |
| Short | Bybit UNIUSDT | 8.7860 | −0.0044 | pay 0.0044% / 8h | 1h 53m | $100.4M | $106.3M | 75x |
Paradex UNI-USD-PERP
Bybit UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- −$30.16
- Price spread: −0.182% → 0.000%
- −$18.24
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 0.57 bp | 7.9 bp −$8 | 13.5 bp −$135 | 39.2 bp −$3,923 | doesn't fit |
Paradex: 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 | −0.0095% | 8h | 8.8058 | +0.042% | $3.9M | $4.6M | — | as long as short |
| Bybit UNIUSDTshort | −0.0044% | 8h | 8.7860 | −0.182% | $100.4M | $106.3M | 75x | |
| dYdX UNI-USD | 0.0000% | 1h | 8.8091 | +0.080% | $244K | $6K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.7916 | −0.119% | $560K | $157K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.7960 | −0.069% | $79K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.7900 | −0.137% | $657 | $96K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0034% | 8h | 8.7840 | −0.205% | $54.4M | $245.4M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.8057 | +0.041% | $439 | — | 10x | as long as short |
| Paradex UNI-USD-PERPlong | +0.0100% | 8h | 8.8021 | long leg | $25K | — | 20x | |
| Nado UNI-PERP | +0.0100% | 1h | 8.8017 | −0.003% | $846K | $4.1M | 10x | as long as short |
Variational Omni UNI
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Nado UNI-PERPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8090 | +0.079% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8060 | +0.045% | $298K | $575K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.7930 | −0.103% | $215.5M | $597.6M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8100 | +0.090% | $272K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.7940 | −0.091% | $22.8M | $58.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.7980 | −0.046% | $42.5M | $24.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8000 | −0.023% | $13.5M | $13.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.7850 | −0.194% | $31.8M | $41.7M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.7910 | −0.126% | — | $52.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8086 | +0.074% | $979K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8171 | +0.171% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8252 | +0.263% | $612K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8260 | +0.272% | $87K | $715K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8170 | +0.170% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8016 | −0.005% | $86K | $349K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7860 | −0.182% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.7976 | −0.051% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7859 | −0.184% | $25K | $668K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8060 | +0.045% | $722K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.7890 | −0.148% | $26.4M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.7826 | −0.221% | $300K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7877 | −0.163% | $31K | $1K | 3x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7860 | −0.182% | $9.7M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.7980 | −0.046% | $1.0M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0344% | 1h | 8.7926 | −0.108% | $4.9M | $7.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.7925 | −0.108% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.7955 | −0.074% | $552K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0425% | 1h | 8.8126 | +0.120% | $96.4M | $59.6M | 10x | as long as short |
| Lighter UNI | +0.0608% | 1h | 8.8221 | +0.228% | $4.5M | $5.2M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0625% | 1h | 8.8051 | +0.035% | $1K | $50K | 10x | as long as short |
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USD
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD