Funding you earn now, next payment 01:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.059%
Price spread now: Variational Omni against Coinbase International−0.741%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 3 days (all we have)+0.472%+$47 · spread now −0.741%, 7d avg −0.059%
=Together, before fees+0.492%+ Points / potential airdropVariational Omni: Active · farm board+$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.682% cheaper against Coinbase International than usual: you would sell low and buy high (−$68 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.019% in total (about 2.1% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International UNI-PERP-INTX | 9.1840 | 0.0312 | pay 0.0039% / 1h | 1m 38s | $1.1M | $4.7M | 50x |
| Short | Variational Omni UNI | 9.1159 | 0.0100 | get 0.0100% / 8h | 6h 01m | $4.2M | $4.3M | — |
Coinbase International UNI-PERP-INTX
Variational Omni UNIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$44.52
- Price spread: −0.741% → −0.059%
- −$68.2
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$122.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Coinbase International live order book, 2 min ago | 4.90 bp | 19.9 bp −$20 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.25 bp | doesn't fit | 13.0 bp −$130 | doesn't fit | doesn't fit |
UNI on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 9.1929 | +0.097% | $26K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.855% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.1968 | +0.139% | $459 | $5 | 10x | as long as short |
| dYdX UNI-USD | +0.0076% | 1h | 9.1841 | +0.001% | $242K | $30K | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1925 | +0.093% | $975K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1954 | +0.125% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1887 | +0.051% | $300K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1906 | +0.072% | $230.0M | $607.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1890 | +0.054% | $103.2M | $107.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1900 | +0.065% | $56.9M | $255.7M | 50x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
dYdX UNI-USD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.2050 | +0.229% | $292K | $619K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1910 | +0.076% | $23.6M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1930 | +0.098% | $49.9M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1920 | +0.087% | $13.8M | $12.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1870 | +0.033% | $33.6M | $42.4M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1930 | +0.098% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1792 | −0.052% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNIshort | +0.0100% | 8h | 9.1159 | −0.741% | $4.2M | $4.3M | — | |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1826 | −0.015% | $173K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1739 | −0.110% | $638K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1140 | −0.762% | $89K | $700K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1620 | −0.240% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1970 | +0.142% | $88K | $406K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1780 | −0.065% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1922 | +0.089% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1805 | −0.038% | $22K | $727K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1912 | +0.078% | $730K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1780 | −0.065% | $27.7M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1812 | −0.031% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1883 | +0.047% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1800 | −0.044% | $33K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0280% | 1h | 9.2020 | +0.196% | $100.2M | $59.1M | 10x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0312% | 1h | 9.1840 | long leg | $1.1M | $4.7M | 50x | |
| Deribit UNI_USDC-PERPETUAL | +0.0332% | 1h | 9.1845 | +0.006% | $596K | $188K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0369% | 1h | 9.1902 | +0.068% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1936 | +0.105% | $655K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0417% | 1h | 9.1858 | +0.019% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0520% | 1h | 9.2063 | +0.243% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0907% | 1h | 9.1479 | −0.393% | $1K | $48K | 10x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
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
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD