Funding you earn now, next payment 20:00 UTC−0.5213%/8hpaid last 24h −0.059%
Price spread now: Bybit against Injective−5.526%68s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.634%+$63 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$156 a day on $10k at the current rate, and Bybit is 5.526% cheaper against Injective than usual: you would sell low and buy high (−$553 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.634%, so the current rate has only just turned against you. The two prices were read 68 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 0.634% in total (about 33.0% 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 | Injective UNI/USDC PERP | 9.3200 | 0.5000 | pay 0.0625% / 1h | 6m 05s | $16K | $89K | 12x |
| Short | Bybit UNIUSDT | 8.8050 | −0.0213 | pay 0.0213% / 8h | 4h 06m | $102.2M | $105.0M | 75x |
Injective UNI/USDC PERP
Bybit UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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
- −$1,094.71
- Price spread: −5.526% → 0.000%
- −$552.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1,658.3
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 2 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 0.57 bp | 7.8 bp −$8 | 15.3 bp −$153 | 45.1 bp −$4,513 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDTshort | −0.0213% | 8h | 8.8050 | −5.526% | $102.2M | $105.0M | 75x | |
| Variational Omni UNI | −0.0208% | 8h | 8.7835 | −5.757% | $3.8M | $5.1M | — | as long as short |
| OKX UNI-USDT-SWAP | −0.0006% | 8h | 8.8070 | −5.504% | $54.7M | $247.4M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.8154 | −5.414% | $61K | — | 150x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8091 | −5.482% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8090 | −5.483% | $826K | $3.9M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8200 | −5.365% | $1.1M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8123 | −5.448% | $297K | $566K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8111 | −5.461% | $216.6M | $595.1M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8180 | −5.386% | $271K | $595K | 10x | as long as short |
Variational Omni UNI
OKX UNI-USDT-SWAP
gTrade (Gains Network) UNI/USD
Paradex UNI-USD-PERP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 8.8080 | −5.494% | $22.7M | $59.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8130 | −5.440% | $42.5M | $24.6M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8090 | −5.483% | $13.5M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8080 | −5.494% | $31.9M | $40.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8070 | −5.504% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8134 | −5.436% | $982K | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7946 | −5.637% | $165K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7941 | −5.643% | $611K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7990 | −5.590% | $83K | $727K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8000 | −5.579% | $85K | $3.2M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8134 | −5.436% | $87K | $323K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8130 | −5.440% | $15K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8193 | −5.372% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8100 | −5.472% | $25K | $650K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8240 | −5.322% | $708K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8140 | −5.429% | $26.5M | $4.2M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8073 | −5.501% | $307K | $1.4M | 25x | as long as short |
| 01 Exchange UNIUSD | +0.0104% | 1h | 8.8227 | −5.336% | $440 | — | 10x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8160 | −5.408% | $31K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0128% | 1h | 8.8145 | −5.424% | $244K | $5K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0165% | 1h | 8.8190 | −5.376% | $548K | $126K | 50x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0166% | 1h | 8.8160 | −5.408% | $5.0M | $7.7M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.7940 | −5.644% | $1.0M | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8060 | −5.515% | $9.9M | $3.3M | 75x | as long as short |
| Hyperliquid UNI | +0.0278% | 1h | 8.8195 | −5.370% | $95.9M | $60.3M | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0356% | 1h | 8.8103 | −5.469% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0324% | 1h | 8.8154 | −5.414% | $550K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0563% | 1h | 8.8072 | −5.502% | $1K | $52K | 10x | as long as short |
| Lighter UNI | +0.0704% | 1h | 8.8288 | −5.270% | $4.5M | $5.3M | 15x | as long as short |
| Injective UNI/USDC PERPlong | +0.5000% | 1h | 9.3200 | long leg | $16K | $89K | 12x |
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
Extended UNI-USD
01 Exchange UNIUSD
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Hyperliquid UNI
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD
Lighter UNI