UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.032%

Price spread now: gTrade (Gains Network) against Backpack+0.084%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.084% dearer against Backpack than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack UNI_USDC_PERP	8.8097	0.0100	pay 0.0013% / 1h	58m 34s	$975K	$2.4M	10x
Short	gTrade (Gains Network) UNI/USD	8.8171	L +0.0004% / S −0.0006%	get 0.0001% / 1h	58m 34s	$79K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Backpack. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.084%Rate

Funding earned: −$19.74
Price spread: +0.084% → 0.000%: $8.41
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$31.33
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, just now; gTrade (Gains Network): 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 Backpack live order book, just now	0.06 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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
Variational Omni UNI	−0.0199%	8h	8.8256	+0.181%	$3.9M	$4.9M	—	as long as short
Bybit UNIUSDT	−0.0192%	8h	8.8030	−0.076%	$102.6M	$105.5M	75x	as long as short
dYdX UNI-USD	0.0000%	1h	8.8120	+0.026%	$244K	$5K	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8203	+0.120%	$551K	$129K	50x	as long as short
gTrade (Gains Network) UNI/USDshort	L +0.0004% / S −0.0006%	1h	8.8171	+0.084%	$79K	—	150x
OKX UNI-USDT-SWAP	+0.0011%	8h	8.8050	−0.053%	$54.2M	$246.7M	50x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.8120	+0.026%	$440	—	10x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8070	−0.030%	$25K	—	20x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.8185	+0.100%	$851K	$4.0M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.8135	+0.043%	$1.0M	$3.4M	50x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica UNI	+0.0100%	1h	8.8100	+0.003%	$297K	$559K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	8.8070	−0.031%	$215.8M	$599.8M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8170	+0.083%	$272K	$605K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8100	+0.003%	$22.8M	$58.8M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8100	+0.003%	$42.8M	$24.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8100	+0.003%	$13.7M	$13.8M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8050	−0.053%	$31.9M	$41.3M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8070	−0.031%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERPlong	+0.0100%	1h	8.8097	long leg	$975K	$2.4M	10x
edgeX UNIUSDC	+0.0100%	4h	8.7993	−0.118%	$165K	$344K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8010	−0.099%	$621K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8040	−0.065%	$83K	$713K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8160	+0.072%	$105K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8158	+0.069%	$88K	$336K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8120	+0.026%	$15K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8254	+0.178%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8120	+0.026%	$28K	$672K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8296	+0.226%	$700K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8150	+0.060%	$26.6M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8045	−0.059%	$307K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8165	+0.077%	$31K	$1K	3x	as long as short
Coinbase International UNI-PERP-INTX	+0.0200%	1h	8.8320	+0.253%	$1.0M	$5.3M	50x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.8120	+0.026%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0270%	1h	8.8192	+0.108%	$4.9M	$7.3M	50x	as long as short
Reya UNIRUSDPERP	+0.0359%	1h	8.8109	+0.013%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0381% / S −0.0320%	1h	8.8174	+0.087%	$553K	—	120x	as long as short
Hyperliquid UNI	+0.0433%	1h	8.8214	+0.133%	$95.9M	$60.4M	10x	as long as short
Aftermath Perps UNIUSD	+0.0526%	1h	8.8169	+0.082%	$1K	$51K	10x	as long as short
Lighter UNI	+0.0616%	1h	8.8250	+0.174%	$4.5M	$5.3M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.224%	$657	$97K	12x	as long as short