Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: dYdX against Coinbase International−0.039%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$263as in the Price arb table
costs, in and out, $10k−$2602.604% of the position
Funding, last 7 days+0.368%+$37 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.039%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International UNI-PERP-INTX | 8.8650 | 0.0184 | pay 0.0023% / 1h | 27m 44s | $924K | $5.8M | 50x |
| Short | dYdX UNI-USD | 8.8616 | 0.0180 | get 0.0023% / 1h | 27m 44s | $233K | $31K | 10x |
Coinbase International UNI-PERP-INTX
dYdX UNI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- −$0.81
- Price spread: −0.039% → −0.015%
- −$2.34
- Slippage, 4 orders
- −$240.41
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$263.56
- Costs to cover
- 2.604%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 1 min ago; dYdX: live order book, 21 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 Coinbase International live order book, 1 min ago | 5.64 bp | 12.8 bp −$13 | 17.3 bp −$173 | 92.8 bp −$9,283 | doesn't fit |
| Sell dYdX live order book, 21 min ago | 109.64 bp | 114.6 bp −$115 | 114.6 bp −$1,146 | 151.9 bp −$15.2K | 469.4 bp −$234.7K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0105% | 1h | 8.8460 | −0.214% | $818K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0040% | 1h | 8.8559 | −0.103% | $442 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8629 | −0.023% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8616 | −0.038% | $48K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.395% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0094% | 1h | 8.8513 | −0.155% | $103K | $524K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8710 | +0.068% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8476 | −0.196% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8630 | −0.023% | $749K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8575 | −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 | 8.8610 | −0.045% | $216.6M | $663.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8580 | −0.079% | $99.1M | $112.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8550 | −0.113% | $54.1M | $264.2M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8610 | −0.045% | $316K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8570 | −0.090% | $24.0M | $65.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8630 | −0.023% | $49.2M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8690 | +0.045% | $12.9M | $13.6M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8520 | −0.147% | $32.4M | $46.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8600 | −0.056% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8747 | +0.109% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8571 | −0.089% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8670 | +0.023% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8540 | −0.124% | $617K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8700 | +0.056% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8600 | −0.056% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8610 | −0.045% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8717 | +0.076% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8643 | −0.008% | $32K | $874K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8613 | −0.042% | $711K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8680 | +0.034% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8555 | −0.107% | $300K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8652 | +0.002% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0131% | 1h | 8.8668 | +0.020% | $94.3M | $66.5M | 10x | as long as short |
| dYdX UNI-USDshort | +0.0180% | 1h | 8.8616 | −0.039% | $233K | $31K | 10x | |
| Coinbase International UNI-PERP-INTXlong | +0.0184% | 1h | 8.8650 | long leg | $924K | $5.8M | 50x | |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8660 | +0.011% | $10.0M | $3.6M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0252% | 1h | 8.8711 | +0.069% | $568K | $204K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8498 | −0.171% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8558 | −0.104% | $630K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0663% | 1h | 8.8728 | +0.088% | $902 | $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
BingX UNI-USDT
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
Hyperliquid UNI
BloFin UNI-USDT
Deribit UNI_USDC-PERPETUAL
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD