Funding you earn now, next payment 00:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.038%
Price spread now: Variational Omni against Phemex−0.130%7-day average −0.056% · 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)−0.054%−$5 on $10k
+Price spread, last 3 days (all we have)−0.289%−$29 · spread now −0.130%, 7d avg −0.056%
=Together, before fees−0.343%+ Points / potential airdropVariational Omni: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.074% cheaper against Phemex than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UNIUSDT | 8.9290 | 0.0100 | pay 0.0100% / 8h | 1h 11m | $26.9M | $4.4M | 50x |
| Short | Variational Omni UNI | 8.9174 | −0.0045 | pay 0.0045% / 8h | 1h 11m | $3.9M | $4.5M | — |
Phemex UNIUSDT
Variational Omni UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$30.43
- Price spread: −0.130% → −0.056%
- −$7.38
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$49.81
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 2 min ago; Variational Omni: RFQ quote, 2 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 Phemex live order book, 2 min ago | 4.49 bp | 15.3 bp −$15 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.27 bp | doesn't fit | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNIshort | −0.0045% | 8h | 8.9174 | −0.130% | $3.9M | $4.5M | — | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9333 | +0.048% | $62K | — | 150x | as long as short |
| Bybit UNIUSDT | +0.0008% | 8h | 8.9210 | −0.090% | $101.8M | $104.8M | 75x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.109% | $660 | $155K | 12x | as long as short |
| OKX UNI-USDT-SWAP | +0.0051% | 8h | 8.9220 | −0.078% | $55.2M | $246.5M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.9405 | +0.129% | $446 | — | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9295 | +0.005% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9265 | −0.028% | $946K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9339 | +0.055% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9338 | +0.053% | $301K | $577K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Bybit UNIUSDT
Injective UNI/USDC PERP
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
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 | 8.9245 | −0.051% | $219.6M | $589.7M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9400 | +0.123% | $276K | $621K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9260 | −0.034% | $23.1M | $58.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9270 | −0.022% | $43.2M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9240 | −0.056% | $13.6M | $13.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9220 | −0.078% | $32.3M | $41.3M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9240 | −0.056% | — | $51.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9306 | +0.018% | $992K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8836 | −0.508% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8880 | −0.459% | $627K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8860 | −0.482% | $88K | $712K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9010 | −0.314% | $106K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9354 | +0.072% | $87K | $355K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9310 | +0.022% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9403 | +0.127% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9280 | −0.011% | $25K | $666K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9418 | +0.143% | $733K | $4.3M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.9290 | long leg | $26.9M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.9209 | −0.090% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9318 | +0.031% | $32K | $1K | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0110% | 1h | 8.9371 | +0.091% | $568K | $157K | 50x | as long as short |
| dYdX UNI-USD | +0.0113% | 1h | 8.9312 | +0.025% | $247K | $6K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9070 | −0.246% | $9.9M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0224% | 1h | 8.9360 | +0.078% | $1.1M | $5.3M | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0339% | 1h | 8.9368 | +0.087% | $5.0M | $7.0M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0362% | 1h | 8.9335 | +0.050% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0319% | 1h | 8.9325 | +0.040% | $559K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0410% | 1h | 8.9371 | +0.090% | $98.4M | $59.3M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0638% | 1h | 8.9087 | −0.227% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0648% | 1h | 8.9467 | +0.198% | $4.6M | $5.2M | 15x | as long as short |
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
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI