Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Phemex against Pacifica−0.257%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)+0.320%+$32 · spread now −0.257%, 7d avg +0.008%
=Together, before fees+0.277%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.264% cheaper against Pacifica than usual: you would sell low and buy high, −$26 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica UNI | 8.8537 | 0.0100 | pay 0.0013% / 1h | 20m 31s | $286K | $599K | 10x |
| Short | Phemex UNIUSDT | 8.8310 | 0.0100 | get 0.0100% / 8h | 20m 31s | $26.6M | $4.4M | 50x |
Pacifica UNI
Phemex UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Pacifica. 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
- $0
- Price spread: −0.257% → +0.008%
- −$26.41
- Slippage, 4 orders
- −$30.61
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$77.02
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 18 min ago; Phemex: 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 Pacifica live order book, 18 min ago | 0.56 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 3.40 bp | 14.1 bp −$14 | 23.4 bp −$234 | 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 | −0.0307% | 1h | 8.8397 | −0.158% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8583 | +0.052% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8408 | −0.146% | $72K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0017% | 1h | 8.8423 | −0.129% | $586K | $268K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.268% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0036% | 1h | 8.8522 | −0.017% | $725K | $4.7M | 10x | as long as short |
| Polymarket Perps UNI-USD | +0.0063% | 1h | 8.8361 | −0.199% | $105K | $615K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8602 | +0.073% | $4.4M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8516 | −0.024% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8543 | +0.007% | $94.3M | $67.6M | 10x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
Nado UNI-PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster UNIUSDT | +0.0100% | 8h | 8.8591 | +0.061% | $720K | $3.3M | 50x | as long as short |
| Pacifica UNIlong | +0.0100% | 1h | 8.8537 | long leg | $286K | $599K | 10x | |
| Binance UNIUSDT | +0.0100% | 8h | 8.8560 | +0.026% | $214.4M | $651.9M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8520 | −0.019% | $98.0M | $110.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8520 | −0.019% | $54.2M | $261.1M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8620 | +0.094% | $316K | $690K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8550 | +0.014% | $26.0M | $66.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8510 | −0.031% | $48.0M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8520 | −0.019% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8520 | −0.019% | $32.4M | $45.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8520 | −0.019% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8427 | −0.124% | $1.0M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8330 | −0.235% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8146 | −0.442% | $167K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8199 | −0.382% | $612K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8200 | −0.381% | $89K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8400 | −0.155% | $14K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8330 | −0.234% | $16K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8424 | −0.128% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8330 | −0.234% | $32K | $885K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8463 | −0.084% | $697K | $4.7M | 75x | as long as short |
| Phemex UNIUSDTshort | +0.0100% | 8h | 8.8310 | −0.257% | $26.6M | $4.4M | 50x | |
| Extended UNI-USD | +0.0104% | 1h | 8.8482 | −0.063% | $285K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8365 | −0.195% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8400 | −0.155% | $920K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8360 | −0.200% | $10.1M | $3.6M | 75x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8403 | −0.152% | $629K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8332 | −0.231% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0410% | 1h | 8.8396 | −0.159% | $976 | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0559% | 1h | 8.8474 | −0.071% | $233K | $30K | 10x | as long as short |
Aster UNIUSDT
Binance UNIUSDT
Bybit 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
Extended UNI-USD
Aevo UNI-PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD