Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Orderly against Backpack−0.068%7-day average −0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.274%+$27 · spread now −0.068%, 7d avg −0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.025% cheaper against Backpack than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack UNI_USDC_PERP | 8.8330 | 0.0100 | pay 0.0013% / 1h | 1m 42s | $1.0M | $2.4M | 10x |
| Short | Orderly PERP_UNI_USDC | 8.8270 | 0.0100 | get 0.0100% / 8h | 3h 01m | $16K | $1.5M | 10x |
Backpack UNI_USDC_PERP
Orderly PERP_UNI_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Backpack. 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: −0.068% → −0.043%
- −$2.53
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$18.53
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 2 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 Backpack live order book, 2 min ago | 0.22 bp | 6.3 bp −$6 | doesn't fit | 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 | −0.0016% | 1h | 8.8276 | −0.061% | $440 | $5 | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8324 | −0.007% | $566K | $208K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8321 | −0.011% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.034% | $660 | $154K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8574 | +0.276% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8456 | +0.143% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8220 | −0.125% | $872K | $4.6M | 10x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8478 | +0.168% | $93.5M | $65.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8450 | +0.135% | $764K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8474 | +0.163% | $285K | $611K | 10x | as long as short |
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
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 | 8.8479 | +0.169% | $215.9M | $653.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8460 | +0.147% | $98.9M | $112.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8490 | +0.181% | $53.7M | $260.7M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8380 | +0.057% | $328K | $684K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8360 | +0.034% | $23.3M | $65.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8460 | +0.147% | $46.7M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8470 | +0.158% | $13.0M | $13.4M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8390 | +0.068% | $32.6M | $46.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8340 | +0.011% | — | $56.9M | — | as long as short |
| Backpack UNI_USDC_PERPlong | +0.0100% | 1h | 8.8330 | long leg | $1.0M | $2.4M | 10x | |
| Variational Omni UNI | +0.0100% | 8h | 8.8909 | +0.656% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8875 | +0.617% | $168K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8614 | +0.321% | $615K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8740 | +0.464% | $91K | $702K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8790 | +0.521% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8317 | −0.015% | $92K | $475K | 10x | as long as short |
| Orderly PERP_UNI_USDCshort | +0.0100% | 8h | 8.8270 | −0.068% | $16K | $1.5M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 8.8323 | −0.008% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8283 | −0.053% | $31K | $819K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8424 | +0.106% | $710K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8300 | −0.034% | $26.7M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8297 | −0.038% | $283K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8295 | −0.040% | $31K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0204% | 1h | 8.8504 | +0.197% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0216% | 1h | 8.8350 | +0.023% | $917K | $5.7M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8360 | +0.034% | $10.0M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0275% | 1h | 8.8324 | −0.006% | $4.8M | $8.3M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8302 | −0.031% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8317 | −0.015% | $628K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0674% | 1h | 8.8717 | +0.438% | $1K | $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-USDT
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
Aevo UNI-PERP
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD