Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Backpack against BingX+0.009%7-day average +0.509% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.956%−$96 · spread now +0.009%, 7d avg +0.509%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.500% cheaper against BingX than usual: you would sell low and buy high, −$50 on $10k if it goes back to its 7-day average of +0.509%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX UNI-USDT | 8.8550 | 0.0100 | pay 0.0100% / 8h | 2h 23m | — | $57.2M | — |
| Short | Backpack UNI_USDC_PERP | 8.8558 | 0.0100 | get 0.0013% / 1h | 23m 00s | $1.1M | $2.4M | 10x |
BingX UNI-USDT
Backpack UNI_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BingX. 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: +0.009% → +0.509%
- −$49.99
- Slippage, 4 orders
- −$5.44
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$75.43
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from BingX: live order book, 16 min ago; Backpack: 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 BingX live order book, 16 min ago | 0.56 bp | 5.6 bp −$6 | 7.4 bp −$74 | 13.7 bp −$1,375 | 53.2 bp −$26.6K |
| Sell Backpack live order book, 1 min ago | 0.06 bp | 7.7 bp −$8 | 302.0 bp −$3,020 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0071% | 1h | 8.8320 | −0.260% | $817K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0024% | 1h | 8.8401 | −0.168% | $441 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8462 | −0.099% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8429 | −0.137% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.282% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0093% | 1h | 8.8378 | −0.194% | $103K | $525K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8568 | +0.020% | $4.4M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8425 | −0.141% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8594 | +0.050% | $749K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8476 | −0.084% | $284K | $616K | 10x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8586 | +0.040% | $216.4M | $663.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8530 | −0.023% | $99.0M | $112.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8570 | +0.023% | $54.2M | $264.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8450 | −0.113% | $315K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8470 | −0.090% | $24.1M | $65.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8550 | 0.000% | $49.1M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8570 | +0.023% | $12.9M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8540 | −0.011% | $32.4M | $46.7M | 75x | as long as short |
| BingX UNI-USDTlong | +0.0100% | 8h | 8.8550 | long leg | — | $57.2M | — | |
| Backpack UNI_USDC_PERPshort | +0.0100% | 1h | 8.8558 | +0.009% | $1.1M | $2.4M | 10x | |
| Variational Omni UNI | +0.0100% | 8h | 8.8380 | −0.192% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8556 | +0.007% | $167K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8450 | −0.113% | $621K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8600 | +0.056% | $89K | $707K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8630 | +0.090% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8450 | −0.113% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8525 | −0.028% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8452 | −0.111% | $32K | $874K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8467 | −0.094% | $711K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8500 | −0.056% | $26.7M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8531 | −0.021% | $298K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8446 | −0.117% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0124% | 1h | 8.8587 | +0.042% | $94.2M | $65.9M | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0136% | 1h | 8.8474 | −0.086% | $566K | $204K | 50x | as long as short |
| dYdX UNI-USD | +0.0180% | 1h | 8.8482 | −0.076% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8410 | −0.158% | $922K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8400 | −0.169% | $10.0M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.8377 | −0.195% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8430 | −0.136% | $629K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0669% | 1h | 8.8598 | +0.054% | $968 | $45K | 10x | as long as short |
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
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
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
Deribit UNI_USDC-PERPETUAL
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD