Funding you earn now, next payment 04:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.14 per $10,000 · paid last 24h −0.018%
Price spread now: Coinbase International against Hyperliquid−0.069%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 7 days−0.333%−$33 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.069%, 7d avg −0.075%
=Together, before fees−0.287%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.075%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.333%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid UNI | 8.8711 | 0.0100 | pay 0.0013% / 1h | 10m 12s | $94.0M | $65.1M | 10x |
| Short | Coinbase International UNI-PERP-INTX | 8.8650 | 0.0216 | get 0.0027% / 1h | 10m 12s | $918K | $5.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $24.36
- Price spread: −0.069% → −0.075%
- $0.65
- Slippage, 4 orders
- −$24.88
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$18.87
- Costs to cover
- 0.439%
- Break-even
- 12.4 days
Slippage from Hyperliquid: live order book, 4 min ago; Coinbase International: live order book, 4 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, 4 min ago | 0.68 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 3.94 bp | 10.3 bp −$10 | 15.2 bp −$152 | 49.7 bp −$4,973 | 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange UNIUSD | −0.0008% | 1h | 8.8656 | −0.062% | $442 | $5 | 10x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8630 | −0.092% | $48K | — | 150x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0014% | 1h | 8.8659 | −0.059% | $568K | $208K | 50x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.464% | $660 | $154K | 12x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8765 | +0.061% | $4.5M | $5.9M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8590 | −0.137% | $25K | — | 20x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.8625 | −0.097% | $861K | $4.5M | 10x | as long as short |
| Hyperliquid UNIlong | +0.0100% | 1h | 8.8711 | long leg | $94.0M | $65.1M | 10x | |
| Aster UNIUSDT | +0.0100% | 8h | 8.8710 | −0.001% | $774K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8645 | −0.074% | $286K | $612K | 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 | 8.8700 | −0.013% | $217.3M | $651.4M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8600 | −0.125% | $99.2M | $111.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8610 | −0.114% | $53.7M | $260.2M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8720 | +0.010% | $318K | $666K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8640 | −0.080% | $23.3M | $65.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8630 | −0.092% | $47.0M | $26.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8640 | −0.080% | $13.1M | $13.3M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8600 | −0.125% | $32.6M | $46.1M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8610 | −0.114% | — | $56.8M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8684 | −0.031% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8419 | −0.330% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8810 | +0.112% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8650 | −0.069% | $616K | $2.8M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8820 | +0.123% | $91K | $701K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8580 | −0.148% | $15K | $3.4M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.8672 | −0.044% | $84K | $458K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8600 | −0.125% | $16K | $1.5M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8682 | −0.033% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8624 | −0.098% | $31K | $816K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8683 | −0.032% | $700K | $4.9M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8690 | −0.024% | $26.8M | $4.4M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8578 | −0.150% | $284K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8630 | −0.092% | $31K | — | 3x | as long as short |
| Coinbase International UNI-PERP-INTXshort | +0.0216% | 1h | 8.8650 | −0.069% | $918K | $5.8M | 50x | |
| BloFin UNI-USDT | +0.0220% | 8h | 8.8560 | −0.170% | $10.1M | $3.6M | 75x | as long as short |
| dYdX UNI-USD | +0.0240% | 1h | 8.8660 | −0.058% | $233K | $30K | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0274% | 1h | 8.8691 | −0.022% | $4.8M | $8.2M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0375% | 1h | 8.8625 | −0.097% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8635 | −0.085% | $631K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0726% | 1h | 8.8942 | +0.261% | $892 | $45K | 10x | as long as short |
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
01 Exchange UNIUSD
gTrade (Gains Network) UNI/USD
Deribit UNI_USDC-PERPETUAL
Injective UNI/USDC PERP
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-USDT
Backpack UNI_USDC_PERP
Variational Omni UNI
edgeX UNIUSDC
GRVT UNI_USDT_Perp
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD