Settings8H · net · $10k
Funding arb · Price arb /

UNI

all UNI markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.560%+$56 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit UNI_USDC-PERPETUAL8.88500.0295pay 0.0037% / 1h29m 41s$569K$204K50x
ShortSunX UNI-USDT8.84770.0100get 0.0100% / 8h2h 29m$36K$1.4M30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 19 min ago6.95 bp14.7 bp −$1521.4 bp −$214doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago13.87 bp17.9 bp −$1837.0 bp −$370doesn't fitdoesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado UNI-PERP−0.0112%1h8.8995+0.163%$822K$4.7M10xas long as short
01 Exchange UNIUSD−0.0048%1h8.8464−0.434%$441$510xas long as short
Kraken Futures PF_UNIUSD−0.0017%1h8.8817−0.037%$4.7M$8.6M50xas long as short
gTrade (Gains Network) UNI/USDL +0.0004% / S −0.0008%1h8.8799−0.058%$53K150xas long as short
Injective UNI/USDC PERP+0.0033%1h8.8300−0.619%$660$153K12xas long as short
Polymarket Perps UNI-USD+0.0086%1h8.8539−0.350%$96K$515K10xas long as short
Lighter UNI+0.0096%1h8.8772−0.088%$4.5M$5.6M15xas long as short
Paradex UNI-USD-PERP+0.0100%8h8.8689−0.182%$25K20xas long as short
Aster UNIUSDT+0.0100%8h8.8746−0.117%$750K$3.6M50xas long as short
Pacifica UNI+0.0100%1h8.8750−0.112%$284K$616K10xas long as short
Show all 40 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UNIUSDT+0.0100%8h8.8690−0.180%$216.8M$662.4M75xas long as short
Bybit UNIUSDT+0.0100%8h8.8650−0.225%$99.2M$112.7M75xas long as short
OKX UNI-USDT-SWAP+0.0100%8h8.8690−0.180%$54.1M$264.4M50xas long as short
Arcus UNI-USD+0.0100%1h8.8500−0.394%$316K$700K10xas long as short
Gate UNI_USDT+0.0100%8h8.8800−0.056%$24.0M$65.5M75xas long as short
MEXC UNI_USDT+0.0100%8h8.8690−0.180%$49.5M$26.9M200xas long as short
KuCoin UNIUSDTM+0.0100%8h8.8750−0.112%$12.9M$13.5M75xas long as short
Bitget UNIUSDT+0.0100%8h8.8780−0.079%$32.6M$46.6M75xas long as short
BingX UNI-USDC+0.0100%8h8.8830−0.022%$6.5Mas long as short
Backpack UNI_USDC_PERP+0.0100%1h8.8868+0.020%$1.0M$2.4M10xas long as short
Variational Omni UNI+0.0100%8h8.8571−0.314%$4.1M$4.2Mas long as short
edgeX UNIUSDC+0.0100%4h8.8670−0.202%$168K$346K20xas long as short
GRVT UNI_USDT_Perp+0.0100%8h8.8791−0.067%$619K$2.7M10xas long as short
ApeX Omni UNIUSDT+0.0100%1h8.8700−0.169%$91K$706K50xas long as short
StandX UNI-USD+0.0100%1h8.8640−0.236%$15K$3.4M20xas long as short
Orderly PERP_UNI_USDC+0.0100%8h8.8790−0.067%$16K$1.6M10xas long as short
SunX UNI-USDTshort+0.0100%8h8.8477−0.420%$36K$1.4M30x
SoDEX UNI-USD+0.0100%1h8.8785−0.073%$32K$858K10xas long as short
HTX UNI-USDT+0.0100%8h8.8960+0.124%$714K$5.0M75xas long as short
Phemex UNIUSDT+0.0100%8h8.8790−0.067%$26.8M$4.5M50xas long as short
Extended UNI-USD+0.0104%1h8.8771−0.089%$299K$1.7M25xas long as short
Aevo UNI-PERP+0.0104%1h8.8785−0.073%$32K3xas long as short
Hyperliquid UNI+0.0127%1h8.8936+0.097%$94.6M$66.5M10xas long as short
dYdX UNI-USD+0.0174%1h8.8629−0.249%$233K$31K10xas long as short
Coinbase International UNI-PERP-INTX+0.0184%1h8.8820−0.034%$926K$5.8M50xas long as short
BloFin UNI-USDT+0.0220%8h8.8640−0.236%$10.0M$3.6M75xas long as short
Deribit UNI_USDC-PERPETUALlong+0.0295%1h8.8850long leg$569K$204K50x
Reya UNIRUSDPERP+0.0376%1h8.8908+0.066%$16K20xas long as short
GMX UNI/USD [UNI-USDC]L +0.0381% / S −0.0244%1h8.8859+0.010%$633K120xas long as short
Aftermath Perps UNIUSD+0.0631%1h8.8779−0.080%$915$45K10xas long as short