Funding you earn now, next payment 11:00 UTC+0.0055%/8h= +6.0% APRpaid last 24h −0.014%
Price spread now: Bybit against Nado−0.011%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 4 days (all we have)−0.038%−$4 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now −0.011%, 7d avg −0.072%
=Together, before fees−0.089%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.060% dearer against Nado than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado UNI-PERP | 8.8130 | 0.0045 | pay 0.0006% / 1h | 53m 06s | $712K | $3.9M | 10x |
| Short | Bybit UNIUSDT | 8.8120 | 0.0100 | get 0.0100% / 8h | 5h 53m | $97.5M | $97.3M | 75x |
Nado UNI-PERP
Bybit UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Nado. 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
- $11.52
- Price spread: −0.011% → −0.072%
- $6.03
- Slippage, 4 orders
- −$7.99
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$8.45
- Costs to cover
- 0.260%
- Break-even
- 12.1 days
Slippage from Nado: live order book, 4 min ago; Bybit: live order book, 4 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 Nado live order book, 4 min ago | 0.68 bp | 5.8 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.57 bp | 7.9 bp −$8 | 16.6 bp −$166 | 37.6 bp −$3,756 | doesn't fit |
UNI on 40 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit UNI_USDC-PERPETUAL | 0.0000% | 1h | 8.8219 | +0.101% | $584K | $217K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8160 | +0.034% | $76K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +0.193% | $660 | $147K | 12x | as long as short |
| Nado UNI-PERPlong | +0.0045% | 1h | 8.8130 | long leg | $712K | $3.9M | 10x | |
| Lighter UNI | +0.0096% | 1h | 8.8299 | +0.192% | $4.4M | $4.8M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8125 | −0.005% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8212 | +0.093% | $741K | $2.4M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8180 | +0.057% | $287K | $467K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8168 | +0.043% | $213.9M | $567.7M | 75x | as long as short |
| Bybit UNIUSDTshort | +0.0100% | 8h | 8.8120 | −0.011% | $97.5M | $97.3M | 75x |
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDTShow all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8120 | −0.011% | $54.5M | $227.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8240 | +0.125% | $323K | $515K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8140 | +0.011% | $27.7M | $54.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8160 | +0.034% | $46.3M | $20.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8190 | +0.068% | $12.9M | $11.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8110 | −0.023% | $32.8M | $42.4M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8140 | +0.011% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8219 | +0.101% | $1.1M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8262 | +0.150% | $4.1M | $2.7M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8372 | +0.274% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8280 | +0.170% | $619K | $2.2M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8360 | +0.261% | $89K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8250 | +0.136% | $93K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8141 | +0.012% | $105K | $574K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8150 | +0.023% | $16K | $2.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8171 | +0.047% | $36K | $1.1M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8170 | +0.045% | $32K | $725K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8245 | +0.130% | $697K | $4.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8210 | +0.091% | $26.6M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8126 | −0.005% | $298K | $1.7M | 25x | as long as short |
| 01 Exchange UNIUSD | +0.0104% | 1h | 8.8199 | +0.078% | $440 | $56 | 10x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8168 | +0.044% | $31K | — | 3x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0131% | 1h | 8.8216 | +0.097% | $4.7M | $7.7M | 50x | as long as short |
| Hyperliquid UNI | +0.0190% | 1h | 8.8255 | +0.142% | $95.0M | $60.6M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8210 | +0.091% | $10.0M | $3.4M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0240% | 1h | 8.8200 | +0.079% | $921K | $4.3M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8178 | +0.055% | $627K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0386% | 1h | 8.8135 | +0.006% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0575% | 1h | 8.8357 | +0.257% | $1K | $49K | 10x | as long as short |
| dYdX UNI-USD | +0.0638% | 1h | 8.8158 | +0.032% | $231K | $32K | 10x | as long as short |
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
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
Kraken Futures PF_UNIUSD
Hyperliquid UNI
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD