Funding you earn now, next payment 06:00 UTC−0.0195%/8h= −21.4% APRpaid last 24h 0.000%
Price spread now: SunX against Deribit−0.420%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.456%+$46 · spread now −0.420%, 7d avg +0.007%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.427% cheaper against Deribit than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.104%, 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 0.104% in total (about 5.4% 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 | Deribit UNI_USDC-PERPETUAL | 8.8850 | 0.0295 | pay 0.0037% / 1h | 29m 41s | $569K | $204K | 50x |
| Short | SunX UNI-USDT | 8.8477 | 0.0100 | get 0.0100% / 8h | 2h 29m | $36K | $1.4M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$40.95
- Price spread: −0.420% → +0.007%
- −$42.7
- Slippage, 4 orders
- −$47.24
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$145.89
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 19 min ago; SunX: live order book, 5 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, 19 min ago | 6.95 bp | 14.7 bp −$15 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 13.87 bp | 17.9 bp −$18 | 37.0 bp −$370 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0112% | 1h | 8.8995 | +0.163% | $822K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0048% | 1h | 8.8464 | −0.434% | $441 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8817 | −0.037% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0008% | 1h | 8.8799 | −0.058% | $53K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.619% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0086% | 1h | 8.8539 | −0.350% | $96K | $515K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8772 | −0.088% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8689 | −0.182% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8746 | −0.117% | $750K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8750 | −0.112% | $284K | $616K | 10x | as long as short |
Show all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDT | +0.0100% | 8h | 8.8690 | −0.180% | $216.8M | $662.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8650 | −0.225% | $99.2M | $112.7M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8690 | −0.180% | $54.1M | $264.4M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8500 | −0.394% | $316K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8800 | −0.056% | $24.0M | $65.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8690 | −0.180% | $49.5M | $26.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8750 | −0.112% | $12.9M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8780 | −0.079% | $32.6M | $46.6M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8830 | −0.022% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8868 | +0.020% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8571 | −0.314% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8670 | −0.202% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8791 | −0.067% | $619K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8700 | −0.169% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8640 | −0.236% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8790 | −0.067% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDTshort | +0.0100% | 8h | 8.8477 | −0.420% | $36K | $1.4M | 30x | |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8785 | −0.073% | $32K | $858K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8960 | +0.124% | $714K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8790 | −0.067% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8771 | −0.089% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8785 | −0.073% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0127% | 1h | 8.8936 | +0.097% | $94.6M | $66.5M | 10x | as long as short |
| dYdX UNI-USD | +0.0174% | 1h | 8.8629 | −0.249% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8820 | −0.034% | $926K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8640 | −0.236% | $10.0M | $3.6M | 75x | as long as short |
| Deribit UNI_USDC-PERPETUALlong | +0.0295% | 1h | 8.8850 | long leg | $569K | $204K | 50x | |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8908 | +0.066% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8859 | +0.010% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0631% | 1h | 8.8779 | −0.080% | $915 | $45K | 10x | as long as short |
Deribit UNI_USDC-PERPETUAL
SunX UNI-USDT
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 UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
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
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD