Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.177%
Price spread now: Injective against OKX−3.455%48s7-day average +0.181% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.453%−$45 on $10k
+Price spread, last 4 days (all we have)+3.710%+$371 · spread now −3.455%, 7d avg +0.181%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 3.636% cheaper against OKX than usual: you would sell low and buy high (−$364 if the spread goes back to its 7-day average of +0.181%). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX UNI-USDT-SWAP | 9.1460 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $56.7M | $257.7M | 50x |
| Short | Injective UNI/USDC PERP | 8.8300 | 0.0033 | get 0.0004% / 1h | 8m 32s | $660 | $154K | 12x |
OKX UNI-USDT-SWAP
Injective UNI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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
- −$14
- Price spread: −3.455% → +0.181%
- −$363.58
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$387.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 6 min ago; Injective: no order-book sample. 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 OKX live order book, 6 min ago | 0.55 bp | 7.4 bp −$7 | 14.8 bp −$148 | 64.3 bp −$6,431 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 9.1477 | +0.019% | $37K | — | 150x | as long as short |
| Injective UNI/USDC PERPshort | +0.0033% | 1h | 8.8300 | −3.455% | $660 | $154K | 12x | |
| 01 Exchange UNIUSD | +0.0056% | 1h | 9.1492 | +0.035% | $457 | $5 | 10x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 9.1438 | −0.025% | $953K | $4.3M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 9.1520 | +0.065% | $1.0M | $2.9M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 9.1509 | +0.054% | $298K | $580K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 9.1480 | +0.022% | $226.5M | $622.6M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 9.1440 | −0.022% | $102.8M | $110.1M | 75x | as long as short |
| OKX UNI-USDT-SWAPlong | +0.0100% | 8h | 9.1460 | long leg | $56.7M | $257.7M | 50x | |
| Arcus UNI-USD | +0.0100% | 1h | 9.1500 | +0.044% | $290K | $618K | 10x | as long as short |
gTrade (Gains Network) UNI/USD
01 Exchange UNIUSD
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 9.1380 | −0.087% | $23.4M | $62.0M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 9.1400 | −0.066% | $49.2M | $25.3M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 9.1560 | +0.109% | $13.7M | $13.0M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 9.1380 | −0.087% | $33.5M | $43.5M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 9.1390 | −0.077% | — | $56.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 9.1513 | +0.058% | $1.0M | $2.3M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 9.1627 | +0.183% | $4.3M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 9.1809 | +0.381% | $173K | $343K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 9.1990 | +0.579% | $640K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 9.2110 | +0.711% | $90K | $694K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 9.2020 | +0.612% | $57K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 9.1502 | +0.046% | $87K | $419K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 9.1490 | +0.033% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 9.1535 | +0.082% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 9.1500 | +0.044% | $22K | $772K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 9.1695 | +0.257% | $723K | $4.5M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 9.1500 | +0.044% | $27.7M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 9.1551 | +0.099% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 9.1336 | −0.136% | $313K | $1.6M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 9.1386 | −0.081% | $32K | — | 3x | as long as short |
| dYdX UNI-USD | +0.0119% | 1h | 9.1368 | −0.101% | $241K | $31K | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0216% | 1h | 9.1548 | +0.096% | $586K | $193K | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 9.1490 | +0.033% | $10.5M | $3.6M | 75x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0268% | 1h | 9.1573 | +0.123% | $5.1M | $7.7M | 50x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0296% | 1h | 9.1470 | +0.011% | $1.1M | $5.4M | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0371% | 1h | 9.1409 | −0.056% | $17K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 9.1487 | +0.030% | $651K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0554% | 1h | 9.1646 | +0.203% | $100.0M | $61.6M | 10x | as long as short |
| Lighter UNI | +0.0560% | 1h | 9.1658 | +0.216% | $4.7M | $5.8M | 15x | as long as short |
| Aftermath Perps UNIUSD | +0.1035% | 1h | 9.1909 | +0.491% | $923 | $47K | 10x | as long as short |
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
dYdX UNI-USD
Deribit UNI_USDC-PERPETUAL
BloFin UNI-USDT
Kraken Futures PF_UNIUSD
Coinbase International UNI-PERP-INTX
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Lighter UNI
Aftermath Perps UNIUSD