Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.024%
Price spread now: Nado against Bybit+0.017%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 4 days (all we have)+0.046%+$5 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.017%, 7d avg +0.074%
=Together, before fees+0.055%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.057% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNIUSDT | 8.8950 | 0.0100 | pay 0.0100% / 8h | 11m 20s | $98.6M | $110.4M | 75x |
| Short | Nado UNI-PERP | 8.8965 | 0.0042 | get 0.0005% / 1h | 11m 20s | $729K | $4.7M | 10x |
Bybit UNIUSDT
Nado UNI-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- −$12.18
- Price spread: +0.017% → +0.074%
- −$5.73
- Slippage, 4 orders
- −$9.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$45.72
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 3 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 Bybit live order book, 3 min ago | 0.56 bp | 8.4 bp −$8 | 17.7 bp −$177 | 42.9 bp −$4,290 | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.45 bp | 5.2 bp −$5 | 11.4 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_UNIUSD | −0.0305% | 1h | 8.9026 | +0.085% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | 0.0000% | 1h | 8.9029 | +0.089% | $444 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8931 | −0.021% | $76K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.731% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERPshort | +0.0042% | 1h | 8.8965 | +0.017% | $729K | $4.7M | 10x | |
| Lighter UNI | +0.0096% | 1h | 8.9078 | +0.144% | $4.5M | $5.6M | 15x | as long as short |
| Polymarket Perps UNI-USD | +0.0098% | 1h | 8.8980 | +0.034% | $104K | $616K | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8958 | +0.009% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.9095 | +0.163% | $95.0M | $67.7M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9000 | +0.056% | $723K | $3.2M | 50x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Lighter UNI
Polymarket Perps UNI-USD
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.9010 | +0.067% | $288K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8995 | +0.050% | $216.4M | $652.2M | 75x | as long as short |
| Bybit UNIUSDTlong | +0.0100% | 8h | 8.8950 | long leg | $98.6M | $110.4M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8980 | +0.034% | $54.5M | $261.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9090 | +0.157% | $321K | $693K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8930 | −0.022% | $26.1M | $66.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8990 | +0.045% | $48.1M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8960 | +0.011% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8920 | −0.034% | $32.5M | $45.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8910 | −0.045% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9008 | +0.065% | $1.1M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8681 | −0.302% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8783 | −0.188% | $168K | $348K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8913 | −0.041% | $617K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8890 | −0.067% | $89K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8950 | 0.000% | $14K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8960 | +0.011% | $17K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9069 | +0.134% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8948 | −0.002% | $32K | $886K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9058 | +0.121% | $703K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8980 | +0.034% | $26.9M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8919 | −0.035% | $291K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8965 | +0.017% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0138% | 1h | 8.9001 | +0.057% | $590K | $270K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.9100 | +0.169% | $927K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8940 | −0.011% | $10.0M | $3.6M | 75x | as long as short |
| Aftermath Perps UNIUSD | +0.0375% | 1h | 8.8831 | −0.133% | $1K | $52K | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9007 | +0.064% | $632K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8955 | +0.006% | $16K | — | 20x | as long as short |
| dYdX UNI-USD | +0.0569% | 1h | 8.8948 | −0.003% | $234K | $30K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Aftermath Perps UNIUSD
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
dYdX UNI-USD