Funding you earn now, next payment 09:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h −0.005%
Price spread now: dYdX against BloFin−0.050%92s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.400%−$40 · spread now −0.050%, 7d avg −0.001%
=Funding pays, the price is against you. dYdX is 0.049% cheaper against BloFin than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.001%). If the spread goes back, that is −$5 on $10k: about 14 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.043% in total) that is about 7.9 days. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.3% 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 | BloFin UNI-USDT | 8.9120 | 0.0220 | pay 0.0220% / 8h | 7h 41m | $10.1M | $3.6M | 75x |
| Short | dYdX UNI-USD | 8.9075 | 0.0507 | get 0.0063% / 1h | 41m 23s | $234K | $31K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- $60.19
- Price spread: −0.050% → −0.001%
- −$4.92
- Slippage, 4 orders
- −$54.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$21.42
- Costs to cover
- 0.767%
- Break-even
- 9.5 days
Slippage from BloFin: live order book, 2 min ago; dYdX: live order book, 58 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 BloFin live order book, 2 min ago | 1.12 bp | 10.9 bp −$11 | 15.8 bp −$158 | 41.5 bp −$4,149 | doesn't fit |
| Sell dYdX live order book, 58 min ago | 21.99 bp | 27.5 bp −$28 | 95.2 bp −$952 | 196.5 bp −$19.7K | 395.5 bp −$197.7K |
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 | 8.9231 | +0.125% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.9154 | +0.038% | $77K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.920% | $660 | $153K | 12x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0045% | 1h | 8.9188 | +0.077% | $591K | $273K | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9027 | −0.104% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9100 | −0.022% | $731K | $4.6M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9096 | −0.027% | $724K | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9050 | −0.079% | $289K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9080 | −0.045% | $216.8M | $651.8M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9070 | −0.056% | $98.8M | $110.5M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.9090 | −0.034% | $54.5M | $262.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9120 | 0.000% | $323K | $701K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9050 | −0.079% | $26.7M | $62.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9030 | −0.101% | $47.9M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9060 | −0.067% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9040 | −0.090% | $33.0M | $46.1M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9010 | −0.123% | — | $6.5M | — | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.9470 | +0.393% | $4.1M | $4.0M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9380 | +0.292% | $169K | $348K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.9100 | −0.022% | $622K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9380 | +0.292% | $90K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9180 | +0.067% | $14K | $3.5M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9121 | +0.001% | $104K | $616K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9150 | +0.034% | $17K | $2.4M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9143 | +0.026% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9150 | +0.034% | $32K | $894K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9226 | +0.119% | $707K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9130 | +0.011% | $27.0M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9012 | −0.121% | $300K | $1.8M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9140 | +0.022% | $32K | — | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0120% | 1h | 8.9083 | −0.042% | $445 | $5 | 10x | as long as short |
| Hyperliquid UNI | +0.0141% | 1h | 8.9146 | +0.029% | $95.2M | $67.8M | 10x | as long as short |
| Lighter UNI | +0.0160% | 1h | 8.9127 | +0.008% | $4.5M | $5.4M | 15x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0208% | 1h | 8.9270 | +0.168% | $929K | $5.5M | 50x | as long as short |
| BloFin UNI-USDTlong | +0.0220% | 8h | 8.9120 | long leg | $10.1M | $3.6M | 75x | |
| Backpack UNI_USDC_PERP | +0.0263% | 1h | 8.9150 | +0.034% | $1.1M | $2.5M | 10x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.9177 | +0.064% | $634K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0382% | 1h | 8.9000 | −0.134% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0397% | 1h | 8.9327 | +0.233% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USDshort | +0.0507% | 1h | 8.9075 | −0.050% | $234K | $31K | 10x |
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
01 Exchange UNIUSD
Hyperliquid UNI
Lighter UNI
Coinbase International UNI-PERP-INTX
Backpack UNI_USDC_PERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD