Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Phemex0.000%7-day average −0.030% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now 0.000%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.030% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UNIUSDT | 8.8680 | 0.0100 | pay 0.0100% / 8h | 3h 07m | $26.8M | $4.4M | 50x |
| Short | Orderly PERP_UNI_USDC | 8.8680 | 0.0100 | get 0.0100% / 8h | 3h 07m | $16K | $1.5M | 10x |
Phemex UNIUSDT
Orderly PERP_UNI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $0
- Price spread: 0.000% → −0.030%
- $3.01
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$14.99
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; Orderly: 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, 6 min ago | 7.31 bp | 18.4 bp −$18 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.8665 | −0.017% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8727 | +0.053% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.429% | $660 | $154K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0043% | 1h | 8.8694 | +0.016% | $568K | $208K | 50x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8859 | +0.202% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8659 | −0.023% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8610 | −0.079% | $860K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8813 | +0.150% | $94.1M | $65.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8740 | +0.068% | $770K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8670 | −0.011% | $286K | $611K | 10x | as long as short |
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Lighter UNI
Paradex UNI-USD-PERP
Nado UNI-PERP
Hyperliquid UNI
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 | 8.8718 | +0.043% | $216.8M | $652.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8700 | +0.023% | $99.1M | $112.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8700 | +0.023% | $53.9M | $260.7M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8750 | +0.079% | $318K | $666K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8720 | +0.045% | $23.4M | $65.3M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8720 | +0.045% | $47.0M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8660 | −0.023% | $13.1M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8690 | +0.011% | $32.7M | $46.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8710 | +0.034% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8723 | +0.048% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8419 | −0.295% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8810 | +0.147% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8650 | −0.034% | $616K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8820 | +0.158% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8660 | −0.023% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8638 | −0.047% | $83K | $458K | 10x | as long as short |
| Orderly PERP_UNI_USDCshort | +0.0100% | 8h | 8.8680 | 0.000% | $16K | $1.5M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 8.8700 | +0.023% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8638 | −0.047% | $31K | $818K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8754 | +0.083% | $691K | $4.9M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.8680 | long leg | $26.8M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8676 | −0.004% | $284K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8625 | −0.062% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8690 | +0.011% | $920K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8630 | −0.056% | $10.1M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0231% | 1h | 8.8657 | −0.026% | $233K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0274% | 1h | 8.8693 | +0.015% | $4.8M | $8.3M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8616 | −0.072% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8705 | +0.028% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0700% | 1h | 8.8858 | +0.201% | $891 | $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-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
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
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