UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.09 per $10,000 · paid last 24h +0.050%

Price spread now: GMX against Coinbase International−0.135%7-day average +0.009% · you buy dearer than you sell

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.159%+$16 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.135%, 7d avg +0.009%

Together, before fees+0.262%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.144% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.159%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International UNI-PERP-INTX	9.1540	0.0312	pay 0.0039% / 1h	4m 52s	$1.1M	$4.8M	50x
Short	GMX UNI/USD [UNI-USDC]	9.1417	L +0.0381% / S −0.0244%	get 0.0030% / 1h	4m 52s	$650K	—	120x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$14.3
Price spread: −0.135% → +0.009%: −$14.39
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$50.69
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; GMX: 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 Coinbase International live order book, 4 min ago	6.59 bp	14.6 bp −$15	19.3 bp −$193	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 39 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	9.1409	−0.143%	$19K	—	150x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−3.539%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0072%	1h	9.1295	−0.268%	$456	$5	10x	as long as short
dYdX UNI-USD	+0.0082%	1h	9.1332	−0.228%	$240K	$30K	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	9.1330	−0.229%	$969K	$4.3M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	9.1520	−0.022%	$1.1M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	9.1360	−0.197%	$298K	$568K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.1580	+0.044%	$229.2M	$610.2M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.1530	−0.011%	$102.7M	$107.3M	75x	as long as short
OKX UNI-USDT-SWAP	+0.0100%	8h	9.1490	−0.055%	$56.5M	$255.6M	50x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus UNI-USD	+0.0100%	1h	9.1380	−0.175%	$289K	$640K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	9.1560	+0.022%	$23.5M	$59.4M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	9.1540	0.000%	$50.0M	$26.4M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	9.1510	−0.033%	$13.8M	$12.9M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.1490	−0.055%	$33.5M	$42.6M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	9.1550	+0.011%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	9.1422	−0.129%	$1.0M	$2.3M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	9.1159	−0.416%	$4.2M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	9.1120	−0.459%	$172K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	9.0830	−0.776%	$639K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	9.1140	−0.437%	$89K	$700K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	9.1200	−0.371%	$56K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	9.1402	−0.151%	$87K	$410K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.1440	−0.109%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.1379	−0.176%	$37K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.1448	−0.101%	$22K	$727K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	9.1449	−0.099%	$726K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	9.1430	−0.120%	$27.6M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	9.1308	−0.254%	$26K	—	20x	as long as short
Extended UNI-USD	+0.0104%	1h	9.1514	−0.028%	$302K	$1.5M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	9.1455	−0.093%	$32K	—	3x	as long as short
Hyperliquid UNI	+0.0252%	1h	9.1656	+0.127%	$99.6M	$58.9M	10x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0312%	1h	9.1540	long leg	$1.1M	$4.8M	50x
Deribit UNI_USDC-PERPETUAL	+0.0359%	1h	9.1496	−0.048%	$594K	$188K	50x	as long as short
Reya UNIRUSDPERP	+0.0369%	1h	9.1326	−0.233%	$17K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]short	L +0.0381% / S −0.0244%	1h	9.1417	−0.135%	$650K	—	120x
Kraken Futures PF_UNIUSD	+0.0419%	1h	9.1549	+0.010%	$5.1M	$6.9M	50x	as long as short
Lighter UNI	+0.0504%	1h	9.1624	+0.092%	$4.7M	$5.3M	15x	as long as short
Aftermath Perps UNIUSD	+0.0950%	1h	9.1209	−0.361%	$1K	$48K	10x	as long as short