Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.032%
Price spread now: BloFin against Deribit−0.091%57s7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as 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−$430.429% of the position
Funding, last 7 days+0.278%+$28 on $10k
+Price spread, last 4 days (all we have)−0.014%−$1 · spread now −0.091%, 7d avg −0.039%
=Funding pays, the price is against you. BloFin is 0.052% cheaper against Deribit than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of −0.039%). If the spread goes back, that is −$5 on $10k: about 2.2 days of funding at the current rate (+$2 a day). The two prices were read 57 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 | Deribit UNI_USDC-PERPETUAL | 8.8760 | 0.0143 | pay 0.0018% / 1h | 17m 56s | $588K | $270K | 50x |
| Short | BloFin UNI-USDT | 8.8680 | 0.0220 | get 0.0220% / 8h | 17m 56s | $10.1M | $3.6M | 75x |
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Deribit. 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
- $16.17
- Price spread: −0.091% → −0.039%
- −$5.17
- Slippage, 4 orders
- −$23.93
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$31.93
- Costs to cover
- 0.429%
- Break-even
- 20.8 days
Slippage from Deribit: live order book, 21 min ago; BloFin: live order book, 6 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 Deribit live order book, 21 min ago | 7.71 bp | 12.7 bp −$13 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 1.13 bp | 8.2 bp −$8 | 11.8 bp −$118 | 26.3 bp −$2,633 | 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 | −0.0306% | 1h | 8.8732 | −0.032% | $4.7M | $8.6M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.8701 | −0.067% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0005% | 1h | 8.8699 | −0.070% | $73K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.519% | $660 | $153K | 12x | as long as short |
| Nado UNI-PERP | +0.0041% | 1h | 8.8580 | −0.203% | $725K | $4.7M | 10x | as long as short |
| Polymarket Perps UNI-USD | +0.0077% | 1h | 8.8663 | −0.110% | $105K | $615K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8808 | +0.054% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8605 | −0.175% | $25K | — | 20x | as long as short |
| Hyperliquid UNI | +0.0100% | 1h | 8.8786 | +0.029% | $94.6M | $67.6M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8811 | +0.057% | $722K | $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 | 8.8640 | −0.136% | $287K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8800 | +0.045% | $215.1M | $652.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8760 | −0.001% | $98.3M | $110.6M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8790 | +0.033% | $54.3M | $261.9M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8730 | −0.034% | $317K | $690K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8730 | −0.034% | $26.1M | $66.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8770 | +0.011% | $48.1M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8690 | −0.079% | $13.0M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8770 | +0.011% | $32.5M | $45.2M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8690 | −0.079% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8762 | +0.002% | $1.0M | $2.5M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8330 | −0.486% | $4.1M | $4.1M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8146 | −0.692% | $167K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8389 | −0.418% | $613K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8200 | −0.631% | $89K | $709K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8670 | −0.102% | $14K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8690 | −0.079% | $16K | $2.2M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8747 | −0.015% | $36K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8681 | −0.090% | $32K | $886K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8770 | +0.011% | $701K | $4.7M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8660 | −0.113% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8735 | −0.029% | $285K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8705 | −0.063% | $31K | — | 3x | as long as short |
| Deribit UNI_USDC-PERPETUALlong | +0.0143% | 1h | 8.8760 | long leg | $588K | $270K | 50x | |
| Coinbase International UNI-PERP-INTX | +0.0200% | 1h | 8.8700 | −0.068% | $923K | $5.4M | 50x | as long as short |
| BloFin UNI-USDTshort | +0.0220% | 8h | 8.8680 | −0.091% | $10.1M | $3.6M | 75x | |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8697 | −0.072% | $631K | — | 120x | as long as short |
| Reya UNIRUSDPERP | +0.0381% | 1h | 8.8618 | −0.161% | $16K | — | 20x | as long as short |
| Aftermath Perps UNIUSD | +0.0395% | 1h | 8.8507 | −0.286% | $1K | $52K | 10x | as long as short |
| dYdX UNI-USD | +0.0562% | 1h | 8.8633 | −0.143% | $233K | $30K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit 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
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Reya UNIRUSDPERP
Aftermath Perps UNIUSD
dYdX UNI-USD