Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Orderly−0.169%52s7-day average +0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.169%, 7d avg +0.016%
=Funding pays, the price is against you. BloFin is 0.185% cheaper against Orderly than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of +0.016%). If the spread goes back, that is −$18 on $10k: about 5.1 days of funding at the current rate (+$4 a day). The two prices were read 52 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 | Orderly PERP_UNI_USDC | 8.8790 | 0.0100 | pay 0.0100% / 8h | 2h 29m | $16K | $1.6M | 10x |
| Short | BloFin UNI-USDT | 8.8640 | 0.0220 | get 0.0220% / 8h | 2h 29m | $10.0M | $3.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Orderly. 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
- $25.2
- Price spread: −0.169% → +0.016%
- −$18.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$11.26
- Costs to cover
- 0.180%
- Break-even
- 10.1 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 2.26 bp | 16.6 bp −$17 | 22.9 bp −$229 | 46.5 bp −$4,648 | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0111% | 1h | 8.8850 | +0.068% | $822K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0048% | 1h | 8.9008 | +0.246% | $444 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8817 | +0.030% | $4.7M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0008% | 1h | 8.8799 | +0.010% | $53K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.552% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USD | +0.0086% | 1h | 8.8539 | −0.283% | $96K | $515K | 10x | as long as short |
| Lighter UNI | +0.0096% | 1h | 8.8772 | −0.020% | $4.5M | $5.6M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8689 | −0.114% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8907 | +0.132% | $752K | $3.6M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.8750 | −0.045% | $284K | $616K | 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 | 8.8852 | +0.070% | $217.2M | $662.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8780 | −0.011% | $99.3M | $112.8M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8790 | 0.000% | $54.2M | $264.8M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9100 | +0.349% | $318K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8730 | −0.068% | $24.0M | $65.6M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8690 | −0.113% | $49.5M | $26.9M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8750 | −0.045% | $12.9M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8830 | +0.045% | $32.6M | $46.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8740 | −0.056% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8868 | +0.088% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8571 | −0.246% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8670 | −0.135% | $168K | $346K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8540 | −0.282% | $617K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8700 | −0.101% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.8600 | −0.214% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDClong | +0.0100% | 8h | 8.8790 | long leg | $16K | $1.6M | 10x | |
| SunX UNI-USDT | +0.0100% | 8h | 8.8477 | −0.353% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8785 | −0.006% | $32K | $858K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8960 | +0.191% | $714K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8790 | 0.000% | $26.8M | $4.5M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8726 | −0.072% | $299K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8785 | −0.006% | $32K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0127% | 1h | 8.8936 | +0.164% | $94.6M | $66.5M | 10x | as long as short |
| dYdX UNI-USD | +0.0174% | 1h | 8.8629 | −0.181% | $233K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8820 | +0.034% | $926K | $5.8M | 50x | as long as short |
| BloFin UNI-USDTshort | +0.0220% | 8h | 8.8640 | −0.169% | $10.0M | $3.6M | 75x | |
| Deribit UNI_USDC-PERPETUAL | +0.0295% | 1h | 8.8850 | +0.067% | $569K | $204K | 50x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8908 | +0.133% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8859 | +0.078% | $633K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0631% | 1h | 8.8779 | −0.013% | $915 | $45K | 10x | as long as short |
BloFin UNI-USDT
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Polymarket Perps UNI-USD
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
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Hyperliquid UNI
Coinbase International UNI-PERP-INTX
Deribit UNI_USDC-PERPETUAL
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD