UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.003%

Price spread now: Variational Omni against Bybit−0.106%7-day average +0.021% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.007%−$1 on $10k

Price spread, last 7 days+0.090%+$9 · spread now −0.106%, 7d avg +0.021%

Together, before fees+0.083%+ Points / potential airdropVariational Omni: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.127% cheaper against Bybit than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UNIUSDT	9.0280	0.0075	pay 0.0075% / 8h	33m 24s	$102.9M	$104.8M	75x
Short	Variational Omni UNI	9.0185	0.0033	get 0.0033% / 8h	33m 24s	$4.1M	$4.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.106%Rate

Funding earned: −$8.86
Price spread: −0.106% → +0.021%: −$12.7
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$32.56
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 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 Bybit live order book, 6 min ago	0.55 bp	8.9 bp −$9	15.4 bp −$154	33.1 bp −$3,309	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.26 bp	doesn't fit	12.7 bp −$127	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
Injective UNI/USDC PERP	−0.0049%	1h	8.8300	−2.193%	$660	$155K	12x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0296	+0.017%	$62K	—	150x	as long as short
Variational Omni UNIshort	+0.0033%	8h	9.0185	−0.106%	$4.1M	$4.4M	—
dYdX UNI-USD	+0.0045%	1h	9.0086	−0.215%	$249K	$6K	10x	as long as short
Bybit UNIUSDTlong	+0.0075%	8h	9.0280	long leg	$102.9M	$104.8M	75x
OKX UNI-USDT-SWAP	+0.0089%	8h	9.0250	−0.033%	$55.4M	$250.0M	50x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.0290	+0.011%	$954K	$4.2M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.0352	+0.080%	$1.1M	$3.3M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.0134	−0.162%	$298K	$591K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0290	+0.012%	$223.2M	$589.1M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.0290	+0.011%	$279K	$620K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.0310	+0.033%	$23.1M	$58.6M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.0280	0.000%	$43.8M	$24.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.0320	+0.044%	$13.7M	$13.5M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0220	−0.066%	$33.0M	$42.1M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.0270	−0.011%	—	$6.5M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.0357	+0.085%	$170K	$343K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0280	0.000%	$638K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.0110	−0.188%	$88K	$714K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.0080	−0.222%	$36K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.0360	+0.089%	$88K	$356K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0260	−0.022%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0338	+0.064%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0240	−0.044%	$25K	$674K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.0408	+0.142%	$738K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.0250	−0.033%	$27.2M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.0093	−0.208%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.0239	−0.045%	$303K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.0295	+0.016%	$32K	$1K	3x	as long as short
Backpack UNI_USDC_PERP	+0.0105%	1h	9.0067	−0.236%	$1.0M	$2.4M	10x	as long as short
01 Exchange UNIUSD	+0.0200%	1h	9.0332	+0.058%	$451	—	10x	as long as short
BloFin UNI-USDT	+0.0220%	8h	9.0200	−0.089%	$10.1M	$3.5M	75x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0226%	1h	9.0338	+0.064%	$582K	$176K	50x	as long as short
Coinbase International UNI-PERP-INTX	+0.0232%	1h	9.0340	+0.066%	$1.1M	$5.4M	50x	as long as short
Reya UNIRUSDPERP	+0.0364%	1h	9.0281	+0.001%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0380% / S −0.0320%	1h	9.0280	0.000%	$568K	—	120x	as long as short
Kraken Futures PF_UNIUSD	+0.0560%	1h	9.0307	+0.029%	$5.0M	$7.0M	50x	as long as short
Hyperliquid UNI	+0.0590%	1h	9.0410	+0.144%	$99.2M	$58.9M	10x	as long as short
Aftermath Perps UNIUSD	+0.0791%	1h	9.0363	+0.092%	$1K	$49K	10x	as long as short
Lighter UNI	+0.0944%	1h	9.0405	+0.138%	$4.6M	$5.2M	15x	as long as short