Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.063%
Price spread now: Coinbase International against Bybit+0.079%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.079%, 7d avg +0.086%
=The price spread sits at its 7-day average of +0.086%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.054%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UNIUSDT | 8.8310 | 0.0100 | pay 0.0100% / 8h | 21m 57s | $97.8M | $110.5M | 75x |
| Short | Coinbase International UNI-PERP-INTX | 8.8380 | 0.0200 | get 0.0025% / 1h | 21m 57s | $920K | $5.4M | 50x |
Bybit UNIUSDT
Coinbase International UNI-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $21
- Price spread: +0.079% → +0.086%
- −$0.66
- Slippage, 4 orders
- −$22.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$23.26
- Costs to cover
- 0.436%
- Break-even
- 14.8 days
Slippage from Bybit: live order book, 2 min ago; Coinbase International: live order book, 2 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, 2 min ago | 0.57 bp | 6.8 bp −$7 | 16.3 bp −$163 | 40.9 bp −$4,092 | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 3.40 bp | 12.8 bp −$13 | 16.6 bp −$166 | 47.8 bp −$4,782 | 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 | −0.0307% | 1h | 8.8414 | +0.118% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8339 | +0.033% | $441 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8297 | −0.015% | $72K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.011% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0038% | 1h | 8.8247 | −0.071% | $723K | $4.7M | 10x | as long as short |
| Polymarket Perps UNI-USD | +0.0061% | 1h | 8.8278 | −0.036% | $105K | $615K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8464 | +0.174% | $4.4M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8318 | +0.009% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8426 | +0.131% | $94.1M | $67.5M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8387 | +0.087% | $718K | $3.3M | 50x | as long as short |
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Nado UNI-PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Hyperliquid UNI
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8370 | +0.068% | $286K | $599K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8330 | +0.023% | $213.9M | $651.8M | 75x | as long as short |
| Bybit UNIUSDTlong | +0.0100% | 8h | 8.8310 | long leg | $97.8M | $110.5M | 75x | |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8310 | 0.000% | $54.1M | $260.7M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8370 | +0.068% | $315K | $690K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8340 | +0.034% | $26.0M | $66.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8340 | +0.034% | $47.9M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8340 | +0.034% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8330 | +0.023% | $32.4M | $45.3M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8320 | +0.011% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8405 | +0.108% | $1.0M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8189 | −0.137% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8233 | −0.087% | $167K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8199 | −0.125% | $612K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8320 | +0.011% | $89K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8160 | −0.170% | $14K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8250 | −0.068% | $16K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8324 | +0.016% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8341 | +0.035% | $32K | $887K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8453 | +0.162% | $696K | $4.8M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8300 | −0.011% | $26.6M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8294 | −0.018% | $285K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8340 | +0.033% | $31K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0127% | 1h | 8.8323 | +0.014% | $584K | $265K | 50x | as long as short |
| Coinbase International UNI-PERP-INTXshort | +0.0200% | 1h | 8.8380 | +0.079% | $920K | $5.4M | 50x | |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8260 | −0.057% | $10.1M | $3.6M | 75x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8293 | −0.020% | $628K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8240 | −0.079% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0410% | 1h | 8.8376 | +0.075% | $976 | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0555% | 1h | 8.8382 | +0.082% | $233K | $30K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
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
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD