Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h +0.031%
Price spread now: dYdX against Binance+0.093%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days+0.289%+$29 on $10k
+Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.093%, 7d avg +0.001%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and dYdX is 0.092% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.001%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.289% in total (about 15.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UNIUSDT | 8.8840 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $216.3M | $645.6M | 75x |
| Short | dYdX UNI-USD | 8.8923 | 0.0549 | get 0.0069% / 1h | 31m 23s | $234K | $31K | 10x |
Binance UNIUSDT
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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
- $94.36
- Price spread: +0.093% → +0.001%
- $9.18
- Slippage, 4 orders
- −$54.29
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $29.24
- Costs to cover
- 0.743%
- Break-even
- 4.8 days
Slippage from Binance: live order book, 12 min ago; dYdX: 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 Binance live order book, 12 min ago | 0.56 bp | 7.1 bp −$7 | 13.7 bp −$137 | 35.5 bp −$3,547 | 96.8 bp −$48.4K |
| Sell dYdX live order book, 3 min ago | 21.05 bp | 27.6 bp −$28 | 97.8 bp −$978 | 153.6 bp −$15.4K | 329.9 bp −$164.9K |
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 | 8.8899 | +0.067% | $4.7M | $8.4M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8878 | +0.042% | $76K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.608% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0090% | 1h | 8.8877 | +0.042% | $731K | $4.5M | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.9006 | +0.187% | $4.5M | $5.4M | 15x | as long as short |
| 01 Exchange UNIUSD | +0.0096% | 1h | 8.8915 | +0.084% | $444 | $5 | 10x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8885 | +0.050% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8909 | +0.078% | $727K | $3.2M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8911 | +0.080% | $288K | $565K | 10x | as long as short |
| Binance UNIUSDTlong | +0.0100% | 8h | 8.8840 | long leg | $216.3M | $645.6M | 75x |
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Lighter UNI
01 Exchange UNIUSD
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit UNIUSDT | +0.0100% | 8h | 8.8830 | −0.011% | $98.5M | $109.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8830 | −0.011% | $54.4M | $260.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8950 | +0.124% | $322K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8860 | +0.023% | $26.7M | $62.7M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8870 | +0.034% | $47.6M | $25.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8890 | +0.056% | $13.0M | $13.2M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8840 | 0.000% | $33.0M | $45.8M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8840 | 0.000% | — | $6.5M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9080 | +0.270% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9008 | +0.189% | $168K | $348K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9234 | +0.444% | $623K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9000 | +0.180% | $90K | $710K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8940 | +0.113% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8900 | +0.068% | $104K | $615K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8890 | +0.056% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8898 | +0.065% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8835 | −0.006% | $32K | $890K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9121 | +0.316% | $706K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8890 | +0.056% | $26.9M | $4.4M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0103% | 1h | 8.8908 | +0.076% | $589K | $273K | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8806 | −0.038% | $299K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8866 | +0.029% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0168% | 1h | 8.8967 | +0.143% | $95.2M | $67.7M | 10x | as long as short |
| Backpack UNI_USDC_PERP | +0.0182% | 1h | 8.8975 | +0.152% | $1.1M | $2.5M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9100 | +0.293% | $927K | $5.4M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8990 | +0.169% | $10.2M | $3.6M | 75x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8933 | +0.104% | $633K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0383% | 1h | 8.8823 | −0.019% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0424% | 1h | 8.9099 | +0.291% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USDshort | +0.0549% | 1h | 8.8923 | +0.093% | $234K | $31K | 10x |
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
HTX UNI-USDT
Phemex UNIUSDT
Deribit UNI_USDC-PERPETUAL
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Backpack UNI_USDC_PERP
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD