Funding you earn now, next payment 23:00 UTC−0.0132%/8h= −14.5% APRpaid last 24h −0.021%
Price spread now: edgeX against Coinbase International+0.064%77s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$410.406% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 3 days (all we have)−0.294%−$29 · spread now +0.064%, 7d avg −0.020%
=Together, before fees−0.111%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.083% dearer against Coinbase International than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.020%): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.182%, so the current rate has only just turned against you. The two prices were read 77 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 | Coinbase International UNI-PERP-INTX | 8.9860 | 0.0232 | pay 0.0029% / 1h | 23m 59s | $1.1M | $5.4M | 50x |
| Short | edgeX UNIUSDC | 8.9917 | 0.0100 | get 0.0050% / 4h | 23m 59s | $169K | $342K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$27.72
- Price spread: +0.064% → −0.020%
- $8.35
- Slippage, 4 orders
- −$21.6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$59.98
- Costs to cover
- 0.406%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; edgeX: live order book, 54 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, 5 min ago | 4.45 bp | 12.7 bp −$13 | 17.8 bp −$178 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 54 min ago | 2.25 bp | 7.5 bp −$8 | 20.8 bp −$208 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −1.736% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9754 | −0.118% | $62K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0029% | 1h | 8.9765 | −0.106% | $578K | $176K | 50x | as long as short |
| Variational Omni UNI | +0.0051% | 8h | 8.9935 | +0.083% | $4.1M | $4.4M | — | as long as short |
| Bybit UNIUSDT | +0.0091% | 8h | 8.9710 | −0.167% | $101.8M | $105.0M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0091% | 8h | 8.9730 | −0.145% | $54.9M | $248.9M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9765 | −0.106% | $953K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9788 | −0.080% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9755 | −0.117% | $297K | $593K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9751 | −0.121% | $222.0M | $590.2M | 75x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 8.9840 | −0.022% | $265K | $632K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.9740 | −0.134% | $22.9M | $58.8M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9770 | −0.100% | $43.6M | $24.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9750 | −0.122% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9710 | −0.167% | $32.8M | $42.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.9730 | −0.145% | — | $52.0M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9804 | −0.062% | $1.0M | $2.4M | 10x | as long as short |
| edgeX UNIUSDCshort | +0.0100% | 4h | 8.9917 | +0.064% | $169K | $342K | 20x | |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0060 | +0.223% | $632K | $2.5M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9950 | +0.100% | $88K | $713K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9880 | +0.022% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9766 | −0.105% | $85K | $363K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9730 | −0.145% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9840 | −0.022% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9728 | −0.147% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9915 | +0.061% | $717K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9730 | −0.145% | $27.1M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9739 | −0.135% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9697 | −0.182% | $303K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9743 | −0.130% | $32K | $1K | 3x | as long as short |
| dYdX UNI-USD | +0.0174% | 1h | 8.9788 | −0.080% | $249K | $6K | 10x | as long as short |
| 01 Exchange UNIUSD | +0.0176% | 1h | 8.9806 | −0.060% | $448 | — | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9730 | −0.145% | $10.0M | $3.5M | 75x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0232% | 1h | 8.9860 | long leg | $1.1M | $5.4M | 50x | |
| Reya UNIRUSDPERP | +0.0364% | 1h | 8.9719 | −0.157% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0382% / S −0.0323% | 1h | 8.9747 | −0.126% | $568K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0514% | 1h | 8.9829 | −0.034% | $98.5M | $59.0M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0564% | 1h | 8.9799 | −0.068% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0808% | 1h | 8.9951 | +0.101% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0872% | 1h | 8.9913 | +0.059% | $4.6M | $5.2M | 15x | as long as short |
Coinbase International UNI-PERP-INTX
edgeX UNIUSDC
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Variational Omni UNI
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDT
Backpack UNI_USDC_PERP
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
01 Exchange UNIUSD
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI