Funding you earn now, next payment 01:00 UTC+0.0212%/8h= +23.2% APRnext payment +$0.27 per $10,000 · paid last 24h +0.030%
Price spread now: Coinbase International against Arcus−0.228%7-day average −0.053% · 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−$65as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 3 days (all we have)−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.228%, 7d avg −0.053%
=Funding pays, the price is against you. Coinbase International is 0.175% cheaper against Arcus than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of −0.053%). If the spread goes back, that is −$18 on $10k: about 2.8 days of funding at the current rate (+$6 a day). Mind the row above: over the last 3 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus UNI-USD | 9.2050 | 0.0100 | pay 0.0013% / 1h | 1m 23s | $292K | $619K | 10x |
| Short | Coinbase International UNI-PERP-INTX | 9.1840 | 0.0312 | get 0.0039% / 1h | 1m 23s | $1.1M | $4.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Arcus. 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
- $44.52
- Price spread: −0.228% → −0.053%
- −$17.54
- Slippage, 4 orders
- −$33.12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$20.64
- Costs to cover
- 0.476%
- Break-even
- 10.2 days
Slippage from Arcus: live order book, 2 min ago; Coinbase International: live order book, 3 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 Arcus live order book, 2 min ago | 5.98 bp | 8.5 bp −$8 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.90 bp | 10.9 bp −$11 | 16.4 bp −$164 | 66.3 bp −$6,631 | doesn't fit |
UNI on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 9.1929 | −0.132% | $26K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −4.074% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.1968 | −0.089% | $459 | $5 | 10x | as long as short |
| dYdX UNI-USD | +0.0076% | 1h | 9.1841 | −0.227% | $242K | $30K | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1835 | −0.234% | $975K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1970 | −0.087% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1887 | −0.177% | $300K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1951 | −0.107% | $230.1M | $607.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1910 | −0.152% | $103.2M | $107.3M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1810 | −0.261% | $56.9M | $255.5M | 50x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USDlong | +0.0100% | 1h | 9.2050 | long leg | $292K | $619K | 10x | |
| Gate UNI_USDT | +0.0100% | 8h | 9.1910 | −0.152% | $23.6M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1950 | −0.109% | $49.9M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1910 | −0.152% | $13.8M | $12.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1880 | −0.185% | $33.6M | $42.4M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1940 | −0.120% | — | $56.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1792 | −0.280% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1159 | −0.968% | $4.2M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1826 | −0.243% | $173K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1739 | −0.338% | $638K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1930 | −0.130% | $90K | $699K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1940 | −0.120% | $57K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1902 | −0.161% | $89K | $408K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1780 | −0.293% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1922 | −0.139% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1805 | −0.266% | $22K | $727K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1912 | −0.150% | $730K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1780 | −0.293% | $27.7M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1812 | −0.259% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1883 | −0.181% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1800 | −0.272% | $33K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0284% | 1h | 9.2064 | +0.015% | $100.2M | $59.1M | 10x | as long as short |
| Coinbase International UNI-PERP-INTXshort | +0.0312% | 1h | 9.1840 | −0.228% | $1.1M | $4.7M | 50x | |
| Deribit UNI_USDC-PERPETUAL | +0.0332% | 1h | 9.1845 | −0.223% | $596K | $188K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0369% | 1h | 9.1862 | −0.204% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1936 | −0.124% | $655K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0417% | 1h | 9.1858 | −0.209% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0520% | 1h | 9.2063 | +0.014% | $4.7M | $5.3M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.0913% | 1h | 9.1562 | −0.530% | $1K | $48K | 10x | as long as short |
Coinbase International UNI-PERP-INTX
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
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
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD