Funding you earn now, next payment 09:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.002%
Price spread now: HTX against Backpack−0.035%7-day average +0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.775%+$77 · spread now −0.035%, 7d avg +0.087%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and HTX is 0.122% cheaper against Backpack than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack UNI_USDC_PERP | 8.9238 | 0.0237 | pay 0.0030% / 1h | 38m 08s | $1.1M | $2.5M | 10x |
| Short | HTX UNI-USDT | 8.9207 | 0.0100 | get 0.0100% / 8h | 7h 38m | $707K | $4.7M | 75x |
Backpack UNI_USDC_PERP
HTX UNI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Backpack. 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
- −$28.72
- Price spread: −0.035% → +0.087%
- −$12.19
- Slippage, 4 orders
- −$20.52
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$83.43
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 1 min ago; HTX: live order book, 1 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 Backpack live order book, 1 min ago | 0.06 bp | 7.0 bp −$7 | 166.7 bp −$1,667 | doesn't fit | doesn't fit |
| Sell HTX live order book, 1 min ago | 4.49 bp | 15.8 bp −$16 | 43.0 bp −$430 | 223.9 bp −$22.4K | 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 | −0.0062% | 1h | 8.9181 | −0.064% | $4.7M | $8.5M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9151 | −0.097% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −1.051% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0092% | 1h | 8.9060 | −0.199% | $733K | $4.6M | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8969 | −0.302% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9190 | −0.054% | $725K | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9022 | −0.242% | $288K | $565K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9123 | −0.129% | $216.9M | $651.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9100 | −0.155% | $98.8M | $110.5M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9120 | −0.132% | $54.5M | $262.7M | 50x | as long as short |
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAPShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9160 | −0.087% | $323K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9120 | −0.132% | $26.7M | $62.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9120 | −0.132% | $47.7M | $25.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9170 | −0.076% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9140 | −0.110% | $33.2M | $46.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9120 | −0.132% | — | $6.5M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8960 | −0.311% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9044 | −0.218% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9100 | −0.154% | $622K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9060 | −0.199% | $90K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9030 | −0.233% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9065 | −0.194% | $104K | $616K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9100 | −0.155% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9099 | −0.156% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9117 | −0.136% | $32K | $902K | 10x | as long as short |
| HTX UNI-USDTshort | +0.0100% | 8h | 8.9207 | −0.035% | $707K | $4.7M | 75x | |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9110 | −0.143% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9073 | −0.185% | $300K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9120 | −0.132% | $32K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0107% | 1h | 8.9173 | −0.073% | $591K | $273K | 50x | as long as short |
| 01 Exchange UNIUSD | +0.0120% | 1h | 8.9131 | −0.120% | $445 | $5 | 10x | as long as short |
| Lighter UNI | +0.0136% | 1h | 8.9223 | −0.017% | $4.5M | $5.4M | 15x | as long as short |
| Hyperliquid UNI | +0.0158% | 1h | 8.9275 | +0.041% | $95.3M | $67.5M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9260 | +0.025% | $929K | $5.5M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9010 | −0.255% | $10.2M | $3.6M | 75x | as long as short |
| Backpack UNI_USDC_PERPlong | +0.0237% | 1h | 8.9238 | long leg | $1.1M | $2.5M | 10x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.9150 | −0.098% | $634K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0382% | 1h | 8.9113 | −0.140% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0407% | 1h | 8.9197 | −0.046% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0544% | 1h | 8.9056 | −0.204% | $234K | $31K | 10x | as long as short |
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
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
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Deribit UNI_USDC-PERPETUAL
01 Exchange UNIUSD
Lighter UNI
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD