Funding you earn now, next payment 12:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.029%
Price spread now: gTrade (Gains Network) against Phemex−0.034%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.034% cheaper against Phemex than usual: you would sell low and buy high (−$3 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 | Phemex UNIUSDT | 8.7100 | 0.0100 | pay 0.0100% / 8h | 4h 51m | $26.3M | $4.5M | 50x |
| Short | gTrade (Gains Network) UNI/USD | 8.7070 | L +0.0004% / S −0.0005% | get 0.0001% / 1h | 51m 58s | $75K | — | 150x |
Phemex UNIUSDT
gTrade (Gains Network) UNI/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. 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
- −$19.99
- Price spread: −0.034% → 0.000%
- −$3.41
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$45.4
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 min ago; gTrade (Gains Network): no order-book sample. 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 Phemex live order book, 5 min ago | 3.43 bp | 11.4 bp −$11 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 exchanges
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/USDshort | L +0.0004% / S −0.0005% | 1h | 8.7070 | −0.034% | $75K | — | 150x | |
| Deribit UNI_USDC-PERPETUAL | +0.0017% | 1h | 8.7159 | +0.068% | $577K | $211K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +1.378% | $660 | $147K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0085% | 8h | 8.6940 | −0.184% | $53.9M | $213.6M | 50x | as long as short |
| Nado UNI-PERP | +0.0094% | 1h | 8.7015 | −0.098% | $647K | $3.9M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.7218 | +0.135% | $4.3M | $4.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.6935 | −0.189% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.6999 | −0.116% | $759K | $2.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.7007 | −0.106% | $287K | $456K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.6931 | −0.194% | $212.0M | $552.2M | 75x | as long as short |
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
Nado UNI-PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 8.6920 | −0.207% | $96.5M | $94.9M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.7160 | +0.069% | $317K | $517K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.6950 | −0.172% | $28.1M | $53.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.6940 | −0.184% | $45.1M | $20.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.6990 | −0.126% | $12.8M | $11.0M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.6940 | −0.184% | $32.5M | $41.9M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.6930 | −0.195% | — | $49.4M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.7282 | +0.209% | $4.0M | $2.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7304 | +0.234% | $164K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7369 | +0.309% | $610K | $2.1M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7340 | +0.276% | $88K | $714K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.7200 | +0.115% | $92K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.7071 | −0.033% | $91K | $621K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7100 | 0.000% | $16K | $2.3M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.7185 | +0.098% | $36K | $1.1M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7140 | +0.046% | $21K | $732K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.7221 | +0.139% | $697K | $3.8M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.7100 | long leg | $26.3M | $4.5M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.6905 | −0.224% | $297K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7140 | +0.046% | $31K | — | 3x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0120% | 1h | 8.7196 | +0.111% | $4.6M | $7.5M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0128% | 1h | 8.7100 | 0.000% | $435 | $56 | 10x | as long as short |
| Backpack UNI_USDC_PERP | +0.0129% | 1h | 8.7112 | +0.014% | $1.1M | $2.1M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7160 | +0.069% | $9.9M | $3.3M | 75x | as long as short |
| Hyperliquid UNI | +0.0221% | 1h | 8.7173 | +0.084% | $93.6M | $60.0M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0264% | 1h | 8.7210 | +0.126% | $906K | $4.3M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.7076 | −0.028% | $619K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0388% | 1h | 8.7029 | −0.082% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0548% | 1h | 8.7343 | +0.278% | $1K | $48K | 10x | as long as short |
| dYdX UNI-USD | +0.0692% | 1h | 8.7014 | −0.099% | $228K | $32K | 10x | as long as short |
Bybit UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Extended UNI-USD
Aevo UNI-PERP
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
Backpack UNI_USDC_PERP
BloFin UNI-USDT
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD