Funding you earn now, next payment 06:00 UTC−0.0085%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: Deribit against Polymarket Perps−0.094%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.275%+$28 · spread now −0.094%, 7d avg +0.036%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.130% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps UNI-USD | 8.8812 | 0.0085 | pay 0.0011% / 1h | 34m 06s | $98K | $509K | 10x |
| Short | Deribit UNI_USDC-PERPETUAL | 8.8729 | 0 | get 0.0000% / 1h | 34m 06s | $568K | $203K | 50x |
Polymarket Perps UNI-USD
Deribit UNI_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Polymarket Perps. 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
- −$17.94
- Price spread: −0.094% → +0.036%
- −$12.96
- Slippage, 4 orders
- −$26.46
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$72.37
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 14 min ago; Deribit: live order book, 15 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 Polymarket Perps live order book, 14 min ago | 3.32 bp | 7.6 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 15 min ago | 6.95 bp | 11.8 bp −$12 | 20.5 bp −$205 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado UNI-PERP | −0.0123% | 1h | 8.8857 | +0.051% | $828K | $4.7M | 10x | as long as short |
| 01 Exchange UNIUSD | −0.0056% | 1h | 8.8860 | +0.054% | $443 | $5 | 10x | as long as short |
| Kraken Futures PF_UNIUSD | −0.0017% | 1h | 8.8735 | −0.087% | $4.8M | $8.5M | 50x | as long as short |
| Deribit UNI_USDC-PERPETUALshort | 0.0000% | 1h | 8.8729 | −0.094% | $568K | $203K | 50x | |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0007% | 1h | 8.8785 | −0.030% | $49K | — | 150x | as long as short |
| Injective UNI/USDC PERP | +0.0033% | 1h | 8.8300 | −0.576% | $660 | $153K | 12x | as long as short |
| Polymarket Perps UNI-USDlong | +0.0085% | 1h | 8.8812 | long leg | $98K | $509K | 10x | |
| Lighter UNI | +0.0096% | 1h | 8.8827 | +0.017% | $4.5M | $5.5M | 15x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.8845 | +0.037% | $25K | — | 20x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.8740 | −0.081% | $752K | $3.6M | 50x | as long as short |
Nado UNI-PERP
01 Exchange UNIUSD
Kraken Futures PF_UNIUSD
gTrade (Gains Network) UNI/USD
Injective UNI/USDC PERP
Lighter UNI
Paradex UNI-USD-PERP
Aster UNIUSDTShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica UNI | +0.0100% | 1h | 8.8851 | +0.044% | $284K | $612K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.8680 | −0.149% | $215.4M | $659.2M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.8660 | −0.171% | $99.0M | $112.4M | 75x | as long as short |
| OKX UNI-USDT-SWAP | +0.0100% | 8h | 8.8670 | −0.160% | $53.8M | $263.6M | 50x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.8920 | +0.122% | $317K | $700K | 10x | as long as short |
| Gate UNI_USDT | +0.0100% | 8h | 8.8700 | −0.126% | $24.0M | $65.4M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.8740 | −0.081% | $46.6M | $26.4M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.8710 | −0.115% | $13.0M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.8660 | −0.171% | $32.6M | $46.6M | 75x | as long as short |
| BingX UNI-USDT | +0.0100% | 8h | 8.8710 | −0.115% | — | $57.2M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.8721 | −0.102% | $1.0M | $2.4M | 10x | as long as short |
| Variational Omni UNI | +0.0100% | 8h | 8.8991 | +0.202% | $4.1M | $4.2M | — | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.8799 | −0.015% | $168K | $345K | 20x | as long as short |
| GRVT UNI_USDT_Perp | +0.0100% | 8h | 8.8997 | +0.209% | $621K | $2.7M | 10x | as long as short |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.8870 | +0.065% | $91K | $706K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9230 | +0.471% | $15K | $3.4M | 20x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.8730 | −0.092% | $16K | $1.6M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.8818 | +0.007% | $36K | $1.4M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.8689 | −0.138% | $32K | $857K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.8960 | +0.167% | $709K | $5.0M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.8720 | −0.104% | $26.9M | $4.3M | 50x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.8631 | −0.203% | $286K | $1.7M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.8700 | −0.126% | $31K | — | 3x | as long as short |
| Hyperliquid UNI | +0.0133% | 1h | 8.8799 | −0.015% | $94.5M | $66.4M | 10x | as long as short |
| dYdX UNI-USD | +0.0143% | 1h | 8.8906 | +0.106% | $234K | $31K | 10x | as long as short |
| Coinbase International UNI-PERP-INTX | +0.0184% | 1h | 8.8760 | −0.059% | $928K | $5.8M | 50x | as long as short |
| BloFin UNI-USDT | +0.0220% | 8h | 8.9140 | +0.369% | $10.1M | $3.6M | 75x | as long as short |
| Reya UNIRUSDPERP | +0.0376% | 1h | 8.8748 | −0.072% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0244% | 1h | 8.8770 | −0.047% | $632K | — | 120x | as long as short |
| Aftermath Perps UNIUSD | +0.0616% | 1h | 8.8900 | +0.099% | $916 | $45K | 10x | as long as short |
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
OKX UNI-USDT-SWAP
Arcus UNI-USD
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
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Extended UNI-USD
Aevo UNI-PERP
Hyperliquid UNI
dYdX UNI-USD
Coinbase International UNI-PERP-INTX
BloFin UNI-USDT
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Aftermath Perps UNIUSD