Funding you earn now, next payment 06:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.057%
Price spread now: Binance against Hyperliquid−0.075%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.075%, 7d avg −0.080%
=Together, before fees−0.215%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8999 | 0.0126 | pay 0.0016% / 1h | 21m 02s | $94.7M | $66.0M | 10x |
| Short | Binance UNIUSDT | 8.8932 | 0.0100 | get 0.0100% / 8h | 2h 21m | $217.2M | $661.0M | 75x |
Hyperliquid UNI
Binance UNIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. 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
- −$5.38
- Price spread: −0.075% → −0.080%
- $0.46
- Slippage, 4 orders
- −$13.5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$37.42
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; Binance: live order book, 8 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 Hyperliquid live order book, 13 min ago | 1.91 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.56 bp | 6.9 bp −$7 | 13.9 bp −$139 | 42.6 bp −$4,261 | 133.2 bp −$66.6K |
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 | −0.0066% | 1h | 8.8825 | −0.196% | $820K | $4.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8763 | −0.265% | $4.7M | $8.5M | 50x | as long as short |
| 01 Exchange UNIUSD | −0.0016% | 1h | 8.8864 | −0.152% | $443 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8776 | −0.251% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.785% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0090% | 1h | 8.8821 | −0.200% | $110K | $534K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8862 | −0.154% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8807 | −0.216% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8921 | −0.088% | $740K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8860 | −0.157% | $285K | $616K | 10x | as long as short |
Nado UNI-PERP
Kraken Futures PF_UNIUSD
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDT
Pacifica UNIShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UNIUSDTshort | +0.0100% | 8h | 8.8932 | −0.075% | $217.2M | $661.0M | 75x | |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8900 | −0.111% | $99.5M | $112.2M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8970 | −0.033% | $54.3M | $265.3M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8920 | −0.089% | $317K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8900 | −0.111% | $24.2M | $65.9M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8970 | −0.033% | $49.3M | $27.0M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8900 | −0.111% | $12.9M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8950 | −0.055% | $32.5M | $45.9M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.8850 | −0.167% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8837 | −0.182% | $1.1M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8719 | −0.314% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8443 | −0.625% | $167K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8591 | −0.459% | $619K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8460 | −0.606% | $89K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8580 | −0.471% | $15K | $3.5M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8760 | −0.269% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8878 | −0.136% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8740 | −0.291% | $32K | $865K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8862 | −0.154% | $714K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8770 | −0.257% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8940 | −0.066% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8750 | −0.280% | $31K | — | 3x | as long as short |
| Hyperliquid UNIlong | +0.0126% | 1h | 8.8999 | long leg | $94.7M | $66.0M | 10x | |
| Deribit UNI_USDC-PERPETUAL | +0.0167% | 1h | 8.8794 | −0.231% | $568K | $203K | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8830 | −0.190% | $927K | $5.7M | 50x | as long as short |
| dYdX UNI-USD | +0.0193% | 1h | 8.8808 | −0.215% | $234K | $31K | 10x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8750 | −0.280% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0377% | 1h | 8.8812 | −0.210% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0243% | 1h | 8.8783 | −0.243% | $632K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0662% | 1h | 8.8680 | −0.358% | $902 | $45K | 10x | as long as short |
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
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
dYdX UNI-USD
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD