Funding you earn now, next payment 22:00 UTC+0.2617%/8h= +286.5% APRnext payment +$3.27 per $10,000 · paid last 24h +0.153%
Price spread now: Injective against Deribit−0.137%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.137% cheaper against Deribit than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4 hours of funding at the current rate (+$79 a day). Mind the row above: over the last 7 days funding on this pair cost −0.465%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.465% in total (about -24.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.27 per $10,000. 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 | Deribit UNI_USDC-PERPETUAL | 8.8021 | 0.0085 | pay 0.0011% / 1h | 3m 45s | $562K | $155K | 50x |
| Short | Injective UNI/USDC PERP | 8.7900 | 0.2702 | get 0.0338% / 1h | 3m 45s | $657 | $97K | 12x |
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Deribit. 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
- $549.5
- Price spread: −0.137% → 0.000%
- −$13.72
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $528.76
- Costs to cover
- 0.070%
- Break-even
- 0.3 days
Slippage unknown: Deribit: live order book, 20 min ago; Injective: 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 Deribit live order book, 20 min ago | 8.70 bp | 15.2 bp −$15 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni UNI | −0.0110% | 8h | 8.7751 | −0.306% | $3.9M | $4.7M | — | as long as short |
| Bybit UNIUSDT | −0.0057% | 8h | 8.7920 | −0.115% | $100.3M | $106.2M | 75x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 8.7989 | −0.037% | $79K | — | 150x | as long as short |
| OKX UNI-USDT-SWAP | +0.0033% | 8h | 8.7930 | −0.103% | $54.4M | $245.7M | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0048% | 1h | 8.8015 | −0.007% | $439 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUALlong | +0.0085% | 1h | 8.8021 | long leg | $562K | $155K | 50x | |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.7918 | −0.117% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.7982 | −0.044% | $849K | $4.0M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8029 | +0.010% | $1.0M | $3.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.7970 | −0.058% | $299K | $565K | 10x | as long as short |
Variational Omni UNI
Bybit UNIUSDT
gTrade (Gains Network) UNI/USD
OKX UNI-USDT-SWAP
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Nado UNI-PERP
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 | 8.7963 | −0.066% | $215.1M | $597.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8040 | +0.022% | $271K | $612K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.7950 | −0.080% | $22.8M | $59.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.7970 | −0.058% | $42.5M | $24.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.7930 | −0.103% | $13.3M | $13.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.7940 | −0.092% | $31.9M | $41.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.7960 | −0.069% | — | $52.1M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.7997 | −0.027% | $978K | $2.3M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8113 | +0.105% | $166K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8116 | +0.108% | $612K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8010 | −0.012% | $83K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.7940 | −0.092% | $105K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.7970 | −0.058% | $86K | $347K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7960 | −0.069% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8016 | −0.005% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7961 | −0.068% | $25K | $668K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8087 | +0.075% | $719K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.7980 | −0.046% | $26.5M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.7933 | −0.100% | $300K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7982 | −0.044% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0188% | 1h | 8.8007 | −0.016% | $244K | $6K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8070 | +0.056% | $1.0M | $5.3M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7970 | −0.058% | $9.8M | $3.4M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0270% | 1h | 8.8028 | +0.008% | $4.9M | $7.2M | 50x | as long as short |
| Hyperliquid UNI | +0.0331% | 1h | 8.8093 | +0.082% | $96.3M | $59.9M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0361% | 1h | 8.7940 | −0.091% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0379% / S −0.0320% | 1h | 8.7968 | −0.060% | $552K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0593% | 1h | 8.8173 | +0.173% | $1K | $50K | 10x | as long as short |
| Lighter UNI | +0.0632% | 1h | 8.8145 | +0.141% | $4.5M | $5.4M | 15x | as long as short |
| Injective UNI/USDC PERPshort | +0.2702% | 1h | 8.7900 | −0.137% | $657 | $97K | 12x |
Binance UNIUSDT
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
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
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI