Funding you earn now, next payment 02:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.033%
Price spread now: Gate against Coinbase International+0.044%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.543%−$54 · spread now +0.044%, 7d avg −0.033%
=The price spread pays, funding is against you. Gate is 0.076% dearer against Coinbase International than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of −0.033%): +$8 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 7 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.060% in total (about 3.1% 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 | Coinbase International UNI-PERP-INTX | 9.1150 | 0.0296 | pay 0.0037% / 1h | 35m 47s | $1.1M | $5.0M | 50x |
| Short | Gate UNI_USDT | 9.1190 | 0.0100 | get 0.0100% / 8h | 5h 35m | $23.5M | $59.6M | 75x |
Coinbase International UNI-PERP-INTX
Gate UNI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$41.16
- Price spread: +0.044% → −0.033%
- $7.64
- Slippage, 4 orders
- −$28.7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$87.22
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 4.41 bp | 13.4 bp −$13 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.65 bp | 13.1 bp −$13 | 23.9 bp −$239 | 42.4 bp −$4,236 | 66.9 bp −$33.4K |
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 | 9.1215 | +0.072% | $24K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −3.127% | $660 | $154K | 12x | as long as short |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.0917 | −0.256% | $454 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.0850 | −0.329% | $950K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1270 | +0.131% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1203 | +0.059% | $297K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1210 | +0.066% | $227.1M | $610.1M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1170 | +0.022% | $102.4M | $107.9M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1180 | +0.033% | $56.3M | $253.0M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 9.1390 | +0.263% | $289K | $614K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDTshort | +0.0100% | 8h | 9.1190 | +0.044% | $23.5M | $59.6M | 75x | |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1190 | +0.044% | $49.3M | $25.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1140 | −0.011% | $13.6M | $12.9M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1270 | +0.132% | $33.4M | $42.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1170 | +0.022% | — | $56.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1308 | +0.173% | $994K | $2.2M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1137 | −0.014% | $4.2M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.0903 | −0.271% | $171K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.0631 | −0.569% | $633K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.0510 | −0.702% | $89K | $695K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.0580 | −0.625% | $40K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.0908 | −0.265% | $88K | $412K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1170 | +0.022% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1279 | +0.142% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1230 | +0.088% | $22K | $755K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1300 | +0.165% | $712K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1230 | +0.088% | $27.6M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1242 | +0.100% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1170 | +0.022% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1220 | +0.077% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0116% | 1h | 9.1152 | +0.002% | $240K | $30K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.0790 | −0.395% | $10.4M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0269% | 1h | 9.1309 | +0.175% | $5.1M | $7.3M | 50x | as long as short |
| Coinbase International UNI-PERP-INTXlong | +0.0296% | 1h | 9.1150 | long leg | $1.1M | $5.0M | 50x | |
| Reya UNIRUSDPERP | +0.0370% | 1h | 9.0846 | −0.333% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1181 | +0.034% | $647K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0544% | 1h | 9.1299 | +0.163% | $99.0M | $59.6M | 10x | as long as short |
| Lighter UNI | +0.0560% | 1h | 9.1334 | +0.202% | $4.7M | $5.6M | 15x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0602% | 1h | 9.1294 | +0.158% | $587K | $192K | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0948% | 1h | 9.0896 | −0.278% | $882 | $47K | 10x | as long as short |
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Deribit UNI_USDC-PERPETUAL
Aftermath Perps UNIUSD