Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against Bybit−0.422%112s7-day average +0.091% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as 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−$450.453% of the position
Funding, last 7 days+0.277%+$28 on $10k
+Price spread, last 3 days (all we have)+0.591%+$59 · spread now −0.422%, 7d avg +0.091%
=Funding pays, the price is against you. BloFin is 0.513% cheaper against Bybit than usual: you would sell low and buy high (spread −0.422% now, against its 7-day average of +0.091%). If the spread goes back, that is −$51 on $10k: about 14 days of funding at the current rate (+$4 a day). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNIUSDT | 9.2520 | 0.0100 | pay 0.0100% / 8h | 7h 29m | $104.4M | $107.0M | 75x |
| Short | BloFin UNI-USDT | 9.2130 | 0.0220 | get 0.0220% / 8h | 7h 29m | $10.3M | $3.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $25.2
- Price spread: −0.422% → +0.091%
- −$51.28
- Slippage, 4 orders
- −$22.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$71.36
- Costs to cover
- 0.453%
- Break-even
- 26.8 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 4 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 Bybit live order book, 5 min ago | 0.55 bp | 9.8 bp −$10 | 15.5 bp −$155 | 32.8 bp −$3,276 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.10 bp | 10.2 bp −$10 | 15.9 bp −$159 | 32.3 bp −$3,226 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0006% | 1h | 9.2424 | −0.104% | $50K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −4.561% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.2321 | −0.215% | $461 | — | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.2292 | −0.246% | $989K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.2404 | −0.125% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.2343 | −0.192% | $308K | $586K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.2456 | −0.069% | $232.1M | $595.5M | 75x | as long as short |
| Bybit UNIUSDTlong | +0.0100% | 8h | 9.2520 | long leg | $104.4M | $107.0M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.2520 | 0.000% | $56.7M | $258.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.2350 | −0.184% | $275K | $616K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.2430 | −0.097% | $23.4M | $59.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.2470 | −0.054% | $45.3M | $23.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.2260 | −0.281% | $13.9M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.2350 | −0.184% | $33.9M | $42.2M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.2450 | −0.076% | — | $54.7M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.2371 | −0.161% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.2011 | −0.550% | $4.2M | $4.4M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1962 | −0.603% | $173K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.2169 | −0.380% | $649K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1340 | −1.275% | $89K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.2310 | −0.227% | $37K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.2377 | −0.155% | $81K | $383K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.2520 | 0.000% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.2399 | −0.131% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.2297 | −0.241% | $22K | $714K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.2405 | −0.124% | $733K | $4.4M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.2300 | −0.238% | $27.8M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.2179 | −0.368% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.2223 | −0.321% | $306K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.2289 | −0.250% | $33K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0120% | 1h | 9.2197 | −0.349% | $254K | $8K | 10x | as long as short |
| BloFin UNI-USDTshort | +0.0220% | 8h | 9.2130 | −0.422% | $10.3M | $3.6M | 75x | |
| Coinbase International UNI-PERP-INTX | +0.0272% | 1h | 9.2410 | −0.119% | $1.1M | $4.9M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0318% | 1h | 9.2345 | −0.190% | $595K | $178K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0366% | 1h | 9.2335 | −0.199% | $17K | — | 20x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0380% | 1h | 9.2375 | −0.156% | $5.2M | $7.0M | 50x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 9.2434 | −0.093% | $585K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0525% | 1h | 9.2471 | −0.053% | $101.9M | $60.4M | 10x | as long as short |
| Aftermath Perps UNIUSD | +0.0934% | 1h | 9.1870 | −0.702% | $953 | $49K | 10x | as long as short |
| Lighter UNI | +0.0944% | 1h | 9.2503 | −0.018% | $4.7M | $5.3M | 15x | as long as short |
Bybit UNIUSDT
BloFin UNI-USDT
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Aster UNIUSDT
Pacifica UNI
Binance 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
Coinbase International UNI-PERP-INTX
Deribit UNI_USDC-PERPETUAL
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Aftermath Perps UNIUSD
Lighter UNI