Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Phemex−0.038%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.219%−$22 · spread now −0.038%, 7d avg −0.087%
=Together, before fees−0.137%+ Points / potential airdropExtended: Active · farm board−$14 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: Extended is 0.049% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.087%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex UNIUSDT | 8.7680 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $26.5M | $4.5M | 50x |
| Short | Extended UNI-USD | 8.7647 | 0.0104 | get 0.0013% / 1h | 6m 56s | $300K | $1.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phemex. 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
- $0.84
- Price spread: −0.038% → −0.087%
- $4.92
- Slippage, 4 orders
- −$27.04
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$38.29
- Costs to cover
- 0.440%
- Break-even
- 326.0 days
Slippage from Phemex: live order book, 5 min ago; Extended: live order book, 5 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 Phemex live order book, 5 min ago | 7.98 bp | 18.4 bp −$18 | 27.1 bp −$271 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.06 bp | 3.5 bp −$3 | 9.2 bp −$92 | doesn't fit | 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 | 8.7650 | −0.034% | $580K | $214K | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.7763 | +0.094% | $75K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | +0.707% | $660 | $147K | 12x | as long as short |
| Nado UNI-PERP | +0.0060% | 1h | 8.7675 | −0.006% | $646K | $3.9M | 10x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 8.7687 | +0.008% | $438 | $56 | 10x | as long as short |
| OKX UNI-USDT-SWAP | +0.0084% | 8h | 8.7700 | +0.023% | $54.1M | $216.9M | 50x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.7767 | +0.099% | $4.3M | $4.8M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.7621 | −0.067% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.7743 | +0.071% | $765K | $2.5M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.7687 | +0.009% | $289K | $456K | 10x | as long as short |
Show all 40 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.7720 | +0.046% | $213.8M | $556.7M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.7690 | +0.011% | $97.5M | $95.7M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.7750 | +0.080% | $319K | $518K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.7730 | +0.057% | $28.1M | $56.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.7700 | +0.023% | $46.0M | $21.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.7730 | +0.057% | $12.9M | $11.0M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.7680 | 0.000% | $33.0M | $42.0M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.7700 | +0.023% | — | $49.7M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.7683 | +0.003% | $4.0M | $2.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.7680 | −0.001% | $165K | $342K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.7755 | +0.086% | $613K | $2.2M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.7720 | +0.046% | $89K | $714K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.7770 | +0.103% | $93K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.7663 | −0.019% | $96K | $616K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.7620 | −0.068% | $16K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.7695 | +0.017% | $36K | $1.1M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.7628 | −0.059% | $21K | $730K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.7712 | +0.036% | $704K | $3.8M | 75x | as long as short |
| Phemex UNIUSDTlong | +0.0100% | 8h | 8.7680 | long leg | $26.5M | $4.5M | 50x | |
| Extended UNI-USDshort | +0.0104% | 1h | 8.7647 | −0.038% | $300K | $1.7M | 25x | |
| Aevo UNI-PERP | +0.0104% | 1h | 8.7609 | −0.081% | $31K | — | 3x | as long as short |
| Backpack UNI_USDC_PERP | +0.0124% | 1h | 8.7721 | +0.047% | $1.1M | $2.2M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0132% | 1h | 8.7664 | −0.018% | $4.7M | $7.6M | 50x | as long as short |
| Hyperliquid UNI | +0.0167% | 1h | 8.7770 | +0.103% | $94.1M | $60.1M | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.7680 | 0.000% | $10.0M | $3.3M | 75x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0240% | 1h | 8.7830 | +0.171% | $911K | $4.4M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.7661 | −0.022% | $623K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0388% | 1h | 8.7698 | +0.021% | $16K | — | 20x | as long as short |
| dYdX UNI-USD | +0.0430% | 1h | 8.7805 | +0.143% | $230K | $32K | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0524% | 1h | 8.7750 | +0.080% | $1K | $49K | 10x | as long as short |
Phemex UNIUSDT
Extended UNI-USD
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
OKX UNI-USDT-SWAP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Backpack UNI_USDC_PERP
Kraken Futures PF_UNIUSD
Hyperliquid UNI
BloFin UNI-USDT
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD