Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.032%
Price spread now: dYdX against Arcus−0.210%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 4 days (all we have)+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now −0.210%, 7d avg −0.071%
=Funding pays, the price is against you. dYdX is 0.139% cheaper against Arcus than usual: you would sell low and buy high (spread −0.210% now, against its 7-day average of −0.071%). If the spread goes back, that is −$14 on $10k: about 2.8 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus UNI-USD | 8.9430 | 0.0100 | pay 0.0013% / 1h | 20m 33s | $320K | $664K | 10x |
| Short | dYdX UNI-USD | 8.9242 | 0.0263 | get 0.0033% / 1h | 20m 33s | $235K | $30K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Arcus. 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
- $34.21
- Price spread: −0.210% → −0.071%
- −$13.88
- Slippage, 4 orders
- −$63.15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$57.32
- Costs to cover
- 0.776%
- Break-even
- 18.7 days
Slippage from Arcus: live order book, 33 min ago; dYdX: live order book, 33 min ago.
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 Arcus live order book, 33 min ago | 6.63 bp | 8.9 bp −$9 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 33 min ago | 21.54 bp | 33.0 bp −$33 | 132.1 bp −$1,321 | 211.1 bp −$21.1K | 341.6 bp −$170.8K |
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 | 0.0000% | 1h | 8.9362 | −0.076% | $446 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.9248 | −0.204% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.264% | $660 | $154K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0058% | 1h | 8.9280 | −0.168% | $572K | $208K | 50x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9319 | −0.124% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9339 | −0.101% | $26K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9255 | −0.196% | $943K | $4.5M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9309 | −0.136% | $94.9M | $64.6M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9266 | −0.183% | $780K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9278 | −0.170% | $290K | $608K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.9351 | −0.088% | $219.4M | $648.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9330 | −0.112% | $100.2M | $111.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9330 | −0.112% | $54.2M | $261.4M | 50x | as long as short |
| Arcus UNI-USDlong | +0.0100% | 1h | 8.9430 | long leg | $320K | $664K | 10x | |
| Gate UNI_USDT | +0.0100% | 8h | 8.9360 | −0.078% | $23.8M | $64.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9250 | −0.201% | $47.4M | $26.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9220 | −0.235% | $13.2M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9340 | −0.101% | $32.9M | $45.8M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9340 | −0.101% | — | $56.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9236 | −0.217% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9179 | −0.280% | $4.2M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9270 | −0.179% | $169K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9410 | −0.022% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9340 | −0.101% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9330 | −0.112% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9286 | −0.161% | $87K | $438K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9230 | −0.224% | $16K | $1.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9289 | −0.158% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9205 | −0.252% | $31K | $811K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9358 | −0.081% | $700K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9180 | −0.280% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9316 | −0.128% | $289K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9207 | −0.250% | $32K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.9290 | −0.157% | $929K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9170 | −0.291% | $10.2M | $3.6M | 75x | as long as short |
| dYdX UNI-USDshort | +0.0263% | 1h | 8.9242 | −0.210% | $235K | $30K | 10x | |
| Kraken Futures PF_UNIUSD | +0.0273% | 1h | 8.9226 | −0.228% | $4.9M | $8.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.9271 | −0.178% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9247 | −0.205% | $635K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0773% | 1h | 8.9428 | −0.002% | $960 | $45K | 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
Hyperliquid UNI
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Phemex UNIUSDT
Extended UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD