Funding you earn now, next payment 09:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.001%
Price spread now: Phemex against 01 Exchange+0.194%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays $0 a day on $10k at the current rate, and Phemex is 0.194% dearer against 01 Exchange than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange UNIUSD | 8.9357 | 0.0088 | pay 0.0011% / 1h | 22m 51s | $446 | $5 | 10x |
| Short | Phemex UNIUSDT | 8.9530 | 0.0100 | get 0.0100% / 8h | 7h 22m | $27.0M | $4.4M | 50x |
01 Exchange UNIUSD
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against 01 Exchange. 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
- $2.52
- Price spread: +0.194% → 0.000%
- $19.36
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $2.88
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Phemex: live order book, 6 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 6 min ago | 3.95 bp | 17.4 bp −$17 | 22.9 bp −$229 | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0062% | 1h | 8.9583 | +0.253% | $4.8M | $8.4M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9454 | +0.109% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.183% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0075% | 1h | 8.9330 | −0.030% | $731K | $4.5M | 10x | as long as short |
| 01 Exchange UNIUSDlong | +0.0088% | 1h | 8.9357 | long leg | $446 | $5 | 10x | |
| Lighter UNI | +0.0096% | 1h | 8.9634 | +0.310% | $4.4M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9238 | −0.133% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9597 | +0.269% | $733K | $3.2M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9270 | −0.097% | $288K | $562K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9540 | +0.205% | $218.0M | $644.9M | 75x | as long as short |
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 8.9620 | +0.294% | $99.5M | $109.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9750 | +0.440% | $54.8M | $262.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9420 | +0.071% | $324K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9530 | +0.194% | $27.0M | $62.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9490 | +0.149% | $47.7M | $25.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9530 | +0.194% | $13.1M | $13.1M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9760 | +0.451% | $33.8M | $46.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9530 | +0.194% | — | $58.1M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8538 | −0.917% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8780 | −0.646% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8800 | −0.623% | $615K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8660 | −0.780% | $89K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9090 | −0.299% | $16K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9350 | −0.008% | $105K | $615K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9460 | +0.115% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9506 | +0.167% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9506 | +0.167% | $32K | $893K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9500 | +0.160% | $709K | $4.7M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.9530 | +0.194% | $27.0M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.9477 | +0.134% | $298K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9506 | +0.167% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0151% | 1h | 8.9856 | +0.558% | $96.3M | $66.8M | 10x | as long as short |
| Backpack UNI_USDC_PERP | +0.0154% | 1h | 8.9626 | +0.301% | $1.1M | $2.5M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9580 | +0.250% | $934K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9500 | +0.160% | $10.3M | $3.7M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0321% | 1h | 8.9569 | +0.237% | $593K | $273K | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9544 | +0.209% | $637K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0383% | 1h | 8.9372 | +0.017% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0442% | 1h | 8.8958 | −0.447% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0570% | 1h | 8.8876 | −0.538% | $234K | $31K | 10x | as long as short |
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
Hyperliquid UNI
Backpack UNI_USDC_PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Deribit UNI_USDC-PERPETUAL
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD