Funding you earn now, next payment 02:00 UTC+0.0586%/8h= +64.1% APRnext payment +$0.73 per $10,000 · paid last 24h −0.176%
Price spread now: Deribit against Injective+4.187%7-day average −0.145% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.441%+$44 on $10k
+Price spread, last 3 days (all we have)−4.163%−$416 · spread now +4.187%, 7d avg −0.145%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 4.332% dearer against Injective than usual: you sell high and buy low: +$433 more if the spread goes back to its 7-day average of −0.145%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective UNI/USDC PERP | 8.8300 | 0.0033 | pay 0.0004% / 1h | 2m 26s | $660 | $154K | 12x |
| Short | Deribit UNI_USDC-PERPETUAL | 9.1997 | 0.0619 | get 0.0077% / 1h | 2m 26s | $597K | $188K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- $122.99
- Price spread: +4.187% → −0.145%
- $433.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $549.16
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 1 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 1 min ago | 7.07 bp | 15.1 bp −$15 | 24.3 bp −$243 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
UNI on 39 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 9.1888 | +4.063% | $26K | — | 150x | as long as short |
| Injective UNI/USDC PERPlong | +0.0033% | 1h | 8.8300 | long leg | $660 | $154K | 12x | |
| 01 Exchange UNIUSD | +0.0072% | 1h | 9.1964 | +4.149% | $459 | $5 | 10x | as long as short |
| dYdX UNI-USD | +0.0077% | 1h | 9.1842 | +4.011% | $242K | $30K | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1925 | +4.105% | $975K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1968 | +4.154% | $1.1M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1860 | +4.032% | $300K | $568K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1941 | +4.123% | $230.1M | $607.6M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1930 | +4.111% | $103.2M | $107.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 9.1940 | +4.122% | $56.8M | $256.1M | 50x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus UNI-USD | +0.0100% | 1h | 9.1940 | +4.122% | $291K | $618K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 9.1810 | +3.975% | $23.5M | $59.5M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1840 | +4.009% | $49.8M | $26.5M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1850 | +4.020% | $13.8M | $12.8M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1890 | +4.066% | $33.7M | $42.4M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 9.1830 | +3.998% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1784 | +3.946% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1159 | +3.238% | $4.2M | $4.3M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1120 | +3.194% | $172K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1496 | +3.619% | $636K | $2.6M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.1140 | +3.216% | $89K | $700K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.1620 | +3.760% | $56K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1970 | +4.156% | $88K | $406K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1940 | +4.122% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1964 | +4.149% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1951 | +4.135% | $22K | $727K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.2028 | +4.222% | $731K | $4.2M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1850 | +4.020% | $27.7M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1785 | +3.947% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1795 | +3.958% | $304K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1943 | +4.126% | $33K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0274% | 1h | 9.2089 | +4.291% | $100.2M | $59.0M | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0312% | 1h | 9.1940 | +4.122% | $1.1M | $4.7M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0369% | 1h | 9.1902 | +4.079% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1886 | +4.061% | $654K | — | 120x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0417% | 1h | 9.2027 | +4.220% | $5.1M | $6.9M | 50x | as long as short |
| Lighter UNI | +0.0520% | 1h | 9.1993 | +4.182% | $4.7M | $5.3M | 15x | as long as short |
| Deribit UNI_USDC-PERPETUALshort | +0.0619% | 1h | 9.1997 | +4.187% | $597K | $188K | 50x | |
| Aftermath Perps UNIUSD | +0.0921% | 1h | 9.1365 | +3.471% | $1K | $48K | 10x | as long as short |
Injective UNI/USDC PERP
Deribit UNI_USDC-PERPETUAL
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
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
Polymarket Perps UNI-USD
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
GMX UNI/USD [UNI-USDC]
Kraken Futures PF_UNIUSD
Lighter UNI
Aftermath Perps UNIUSD