UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.013%

Price spread now: Nado against Coinbase International−0.147%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$380.385% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.147%, 7d avg −0.062%

Together, before fees+0.051%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Nado is 0.085% cheaper against Coinbase International than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.062%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.078%, 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	8.8640	0.0200	pay 0.0025% / 1h	34m 04s	$1.0M	$5.3M	50x
Short	Nado UNI-PERP	8.8510	0.0100	get 0.0012% / 1h	34m 04s	$848K	$3.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.147%Rate

Funding earned: −$21
Price spread: −0.147% → −0.062%: −$8.51
Slippage, 4 orders: −$21.46
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$67.97
Costs to cover: 0.385%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Nado: live order book, 5 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 Coinbase International live order book, 5 min ago	5.09 bp	13.4 bp −$13	20.2 bp −$202	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	0.06 bp	4.8 bp −$5	13.5 bp −$135	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
Variational Omni UNI	−0.0185%	8h	8.8292	−0.393%	$3.9M	$4.6M	—	as long as short
Bybit UNIUSDT	−0.0156%	8h	8.8510	−0.147%	$102.3M	$104.5M	75x	as long as short
01 Exchange UNIUSD	0.0000%	1h	8.8567	−0.082%	$442	—	10x	as long as short
Deribit UNI_USDC-PERPETUAL	0.0000%	1h	8.8567	−0.082%	$553K	$125K	50x	as long as short
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0006%	1h	8.8540	−0.113%	$80K	—	150x	as long as short
OKX UNI-USDT-SWAP	+0.0013%	8h	8.8510	−0.147%	$54.4M	$245.6M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.8517	−0.139%	$25K	—	20x	as long as short
Nado UNI-PERPshort	+0.0100%	1h	8.8510	−0.147%	$848K	$3.9M	10x
Aster UNIUSDT	+0.0100%	8h	8.8611	−0.032%	$1.0M	$3.4M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.8575	−0.073%	$296K	$561K	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	8.8540	−0.113%	$216.6M	$593.5M	75x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.8610	−0.034%	$273K	$612K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.8530	−0.124%	$23.0M	$59.1M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.8520	−0.135%	$42.9M	$24.5M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.8520	−0.135%	$13.8M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	8.8500	−0.158%	$32.0M	$41.0M	75x	as long as short
BingX UNI-USDC	+0.0100%	8h	8.8530	−0.124%	—	$6.5M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.8551	−0.100%	$984K	$2.3M	10x	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.8350	−0.328%	$166K	$342K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.8428	−0.239%	$618K	$2.5M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.8490	−0.169%	$84K	$712K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.8560	−0.090%	$105K	$3.2M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.8555	−0.096%	$87K	$323K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	8.8510	−0.147%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	8.8564	−0.086%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	8.8505	−0.152%	$25K	$661K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.8657	+0.019%	$724K	$4.3M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.8550	−0.102%	$26.7M	$4.3M	50x	as long as short
Extended UNI-USD	+0.0104%	1h	8.8468	−0.194%	$298K	$1.4M	25x	as long as short
Aevo UNI-PERP	+0.0104%	1h	8.8528	−0.126%	$31K	$1K	3x	as long as short
dYdX UNI-USD	+0.0104%	1h	8.8586	−0.061%	$245K	$5K	10x	as long as short
Coinbase International UNI-PERP-INTXlong	+0.0200%	1h	8.8640	long leg	$1.0M	$5.3M	50x
BloFin UNI-USDT	+0.0220%	8h	8.8480	−0.181%	$9.8M	$3.3M	75x	as long as short
Kraken Futures PF_UNIUSD	+0.0269%	1h	8.8584	−0.063%	$4.9M	$7.1M	50x	as long as short
Hyperliquid UNI	+0.0308%	1h	8.8633	−0.008%	$96.4M	$59.8M	10x	as long as short
Reya UNIRUSDPERP	+0.0360%	1h	8.8493	−0.166%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0379% / S −0.0320%	1h	8.8532	−0.121%	$555K	—	120x	as long as short
Aftermath Perps UNIUSD	+0.0475%	1h	8.8525	−0.129%	$1K	$50K	10x	as long as short
Lighter UNI	+0.0536%	1h	8.8700	+0.068%	$4.5M	$5.4M	15x	as long as short
Injective UNI/USDC PERP	+0.2702%	1h	8.7900	−0.835%	$657	$97K	12x	as long as short