Settings8H · net · $10k
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Funding arb · Price arb /

UNI

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 02:00 UTC+0.0196%/8h= +21.5% APRpaid last 24h +0.033%
Price spread now: Coinbase International against Binance+0.707%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs+$25as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Long on BinanceShort on Coinbase International
What this pair did over the last
the charts below follow
Funding, last 7 days−0.108%−$11 on $10k
Price spread, last 3 days (all we have)−0.579%−$58 · spread now +0.707%, 7d avg +0.014%
Together, before fees−0.687%−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.692% dearer against Binance than usual: you sell high and buy low: +$69 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.108%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.108% in total (about -5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UNIUSDT9.12350.0100pay 0.0100% / 8h5h 58m$228.9M$607.1M75x
ShortCoinbase International UNI-PERP-INTX9.18800.0296get 0.0037% / 1h58m 33s$1.1M$4.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$41.16
Price spread: +0.707% → +0.014%
$69.25
Slippage, 4 orders
−$23.92
Fee Binance: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$66.49
Costs to cover
0.439%
Break-even
from the start
Slippage from Binance: live order book, 15 min ago; Coinbase International: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.55 bp7.1 bp −$714.9 bp −$14946.3 bp −$4,626180.2 bp −$90.1K
Sell Coinbase International live order book, 5 min ago4.90 bp10.9 bp −$1116.4 bp −$16466.3 bp −$6,631doesn't fit

UNI on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0007%1h9.1629+0.432%$26K—150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−3.217%$660$154K12xas long as short
Nado UNI-PERP+0.0100%1h9.1650+0.455%$964K$4.3M10xas long as short
Aster UNIUSDT+0.0100%8h9.1329+0.103%$1.0M$2.9M50xas long as short
Pacifica UNI+0.0100%1h9.1276+0.044%$298K$564K10xas long as short
Binance UNIUSDTlong+0.0100%8h9.1235long leg$228.9M$607.1M75x
Bybit UNIUSDT+0.0100%8h9.1220−0.017%$102.5M$107.4M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h9.1110−0.137%$56.4M$253.2M50xas long as short
Arcus UNI-USD+0.0100%1h9.1300+0.071%$289K$619K10xas long as short
Gate UNI_USDT+0.0100%8h9.1180−0.060%$23.4M$58.5M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC UNI_USDT+0.0100%8h9.1210−0.028%$49.6M$24.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h9.1200−0.038%$13.7M$12.8M75xas long as short
Bitget UNIUSDT+0.0100%8h9.1130−0.115%$33.5M$42.1M75xas long as short
BingX UNI-USDT+0.0100%8h9.1180−0.060%—$56.5M—as long as short
Backpack UNI_USDC_PERP+0.0100%1h9.1713+0.524%$1.0M$2.2M10xas long as short
Variational Omni UNI+0.0100%8h9.1879+0.706%$4.2M$4.3M—as long as short
edgeX UNIUSDC+0.0100%4h9.1882+0.709%$173K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h9.1739+0.552%$638K$2.6M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h9.1940+0.773%$90K$698K50xas long as short
StandX UNI-USD+0.0100%1h9.1860+0.685%$57K$3.3M20xas long as short
Polymarket Perps UNI-USD+0.0100%1h9.1702+0.512%$90K$409K10xas long as short
Orderly PERP_UNI_USDC+0.0100%8h9.1670+0.477%$16K$1.7M10xas long as short
SunX UNI-USDT+0.0100%8h9.1698+0.507%$37K$1.3M30xas long as short
SoDEX UNI-USD+0.0100%1h9.1680+0.488%$22K$727K10xas long as short
HTX UNI-USDT+0.0100%8h9.1808+0.628%$729K$4.2M75xas long as short
Phemex UNIUSDT+0.0100%8h9.1730+0.542%$27.7M$4.5M50xas long as short
Paradex UNI-USD-PERP+0.0100%8h9.1269+0.037%$26K—20xas long as short
Extended UNI-USD+0.0104%1h9.1108−0.139%$304K$1.5M25xas long as short
Aevo UNI-PERP+0.0104%1h9.1688+0.496%$33K—3xas long as short
01 Exchange UNIUSD+0.0176%1h9.1250+0.016%$455$510xas long as short
Deribit UNI_USDC-PERPETUAL+0.0181%1h9.1694+0.503%$595K$188K50xas long as short
Kraken Futures PF_UNIUSD+0.0268%1h9.1707+0.517%$5.1M$6.9M50xas long as short
Coinbase International UNI-PERP-INTXshort+0.0296%1h9.1880+0.707%$1.1M$4.7M50x
dYdX UNI-USD+0.0361%1h9.1248+0.014%$240K$30K10xas long as short
Reya UNIRUSDPERP+0.0369%1h9.1626+0.429%$17K—20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h9.1622+0.424%$652K—120xas long as short
Hyperliquid UNI+0.0528%1h9.1431+0.215%$99.5M$59.2M10xas long as short
Lighter UNI+0.0592%1h9.1447+0.232%$4.8M$5.5M15xas long as short
Aftermath Perps UNIUSD+0.0917%1h9.1694+0.503%$1K$47K10xas long as short